Contents Of Accounting For Managers Course (ACCOUNTING)
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Contents of Accounting for Managers course (Accounting)
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TEST BANK FOR ACCOUNTING 26TH EDITION CARL S. WARREN, JAMES M. REEVE, JONATHAN DUCHAC
1. Accounts are records of increases and decreases in individual financial statement items.

a. True

b. False

ANSWER: True

DIFFICULTY: Easy

Bloom’s: Remembering

LEARNING OBJECTIVES: ACCT.WARD.16.

ACCREDITING STANDARDS: ACCT.ACBSP.APC.01 - Purpose

ACCT.ACBSP.APC.02 - GAAP

ACCT.AICPA.FN.03 - Measurement BUSPROG: Analytic

2. A chart of accounts is a listing of accounts that make up the journal.

a. True

b. False

ANSWER: False

DIFFICULTY: Easy

Bloom’s: Remembering

LEARNING OBJECTIV...
TEST BANK FOR ACCOUNTING 26TH EDITION CARL S. WARREN, JAMES M. REEVE, JONATHAN DUCHAC
Last document update:
ago
1. Accounts are records of increases and decreases in individual financial statement items.

a. True

b. False

ANSWER: True

DIFFICULTY: Easy

Bloom’s: Remembering

LEARNING OBJECTIVES: ACCT.WARD.16.

ACCREDITING STANDARDS: ACCT.ACBSP.APC.01 - Purpose

ACCT.ACBSP.APC.02 - GAAP

ACCT.AICPA.FN.03 - Measurement BUSPROG: Analytic

2. A chart of accounts is a listing of accounts that make up the journal.

a. True

b. False

ANSWER: False

DIFFICULTY: Easy

Bloom’s: Remembering

LEARNING OBJECTIV...