Accounting 101 exam 1 Study guides, Class notes & Summaries
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![Accounting 101 Exam CH 1-4 Questions & Answers 2023/2024](/docpics/3950480/656b99b86287b_3950480_121_171.jpeg)
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Accounting 101 Exam CH 1-4 Questions & Answers 2023/2024
- Exam (elaborations) • 6 pages • 2023
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Accounting 101 Exam CH 1-4 Questions & Answers 2023/2024 
 
 
Accounting Equation - ANSWER-Assets= Liabilities + stockholder's equity 
 
Assets - ANSWER-Resources owned by company 
 
Liabilities - ANSWER-Rights of the creditors or amounts owed to creditors 
 
Equity - ANSWER-Rights of the owner 
 
AED - ANSWER-Assets, Expenses, Dividends = Normal debit balance and increase on the debit side 
 
LER - ANSWER-Liabilities, Equity, Revenue = Normal credit balances and increase on the credit side 
 
A...
![MISY 5340 Exam 1 Question and answers 100% correct 2023/2024](/docpics/3784277/6549f2959a6ec_3784277_121_171.jpeg)
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MISY 5340 Exam 1 Question and answers 100% correct 2023/2024
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MISY 5340 Exam 1 Question and answers 100% correct 2023/2024Movement type 101 describes - correct answer A good receipt for a purchase order 
 
Which one of the following steps take place at the beginning of the purchasing process? - correct answer Create purchase requisition 
 
Which of the following steps in the purchasing process is part of the FI module? - correct answer Create invoice receipt from vendor 
 
Where are vendor master reports used? - correct answer Both Financial Ac...
Accounting 101 Exam 1 Questions and answers latest update 2024
![FAC1601 EXAM PACK 2023](/docpics/63e664e2aadfb_2357502.jpg)
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FAC1601 EXAM PACK 2023
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FAC1601-Exam-Pack - Exam pack 
Financial Accounting and Reporting (University of South Africa) 
lOMoARcPSD| 
Financial Accounting 1B 
Study & Exam Pack for FAC1601 © 2014 
This is prepared for UNISA undergraduate students undertaking the module FAC1601. The past exam 
papers used as a way of practicing the concept emphasized in the study guide for this module 
Compiled by Levison Kamanga (check his profile on ), for and on behalf of 
“Inspired to impact with a difference” 
All the que...
![Accounting 101 Exam 1 With Real Solutions 2024](/docpics/5341116/6647c2c0e71db_5341116_121_171.jpeg)
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Accounting 101 Exam 1 With Real Solutions 2024
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Accounting 101 Exam 1 With Real Solutions 2024
Accounting 101 - Exam 1 Questions and answers latest update 2024
![Auditing Exam 1|359 Questions with Verified Answers,100% CORRECT](/docpics/4554634/65d4eb3fb93dc_4554634_121_171.jpeg)
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Auditing Exam 1|359 Questions with Verified Answers,100% CORRECT
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Auditing Exam 1|359 Questions with Verified Answers 
 
1. Which of the following would be considered an assurance engagement? 
a. Giving an opinion on a prize promoter's claims about the amount of sweepstakes prizes awarded in the past. 
b. Giving an opinion on the conformity of the financial statements of a university with generally accepted accounting principles. 
c. Giving an opinion on the fair presentation of a newspaper's circulation data. 
d. Giving assurance about the average drive len...
![Survey of Accounting 7th Edition Carl Warren- Test Bank](/docpics/3425186/6500def0da8a0_3425186_121_171.jpeg)
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Survey of Accounting 7th Edition Carl Warren- Test Bank
- Exam (elaborations) • 418 pages • 2023
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Chapter 1 
1. The objective of most businesses is to maximize profits. 
ANSWER: 
POINTS: 
DIFFICULTY: 
LEARNING OBJECTIVES: NATIONAL STANDARDS: STATE STANDARDS: KEYWORDS: 
True 
1 
Easy 
SACC.W ARR.15.01 
United States - BUSPORG: Analytic 
United States - AK - DISC: AICPA: FN-Measurement Bloom's: Knowledge 
ANSWER: 
POINTS: 
DIFFICULTY: 
LEARNING OBJECTIVES: NATIONAL STANDARDS: STATE STANDARDS: KEYWORDS: 
- LO: 1-1 
3. A partnership is owned by two or more a. 
b. 
ANSWER: 
POINTS: 
DIFFICULTY: ...
![MISY 5340 Exam 1 Question and answers rated A+ 2023/2024](/docpics/3804185/654d2f1424663_3804185_121_171.jpeg)
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MISY 5340 Exam 1 Question and answers rated A+ 2023/2024
- Exam (elaborations) • 5 pages • 2023
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MISY 5340 Exam 1 Question and answers rated A+ 2023/2024Movement type 101 describes - correct answer A good receipt for a purchase order 
 
Which one of the following steps take place at the beginning of the purchasing process? - correct answer Create purchase requisition 
 
Which of the following steps in the purchasing process is part of the FI module? - correct answer Create invoice receipt from vendor 
 
Where are vendor master reports used? - correct answer Both Financial Accoun...
![NAB NHA - Line of Service Exam(PA)2023 With Complete Solutions](/docpics/3052602/64ae5d91588fa_3052602_121_171.jpeg)
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NAB NHA - Line of Service Exam(PA)2023 With Complete Solutions
- Exam (elaborations) • 28 pages • 2023
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NAB NHA - Line of Service Exam(PA)2023 With Complete Solutions 
NAB NHA - Line of Service Exam(PA)2023 
With Complete Solutions 
A facility which takes care of patients who do not require skilled nursing: 
1.Continuing Care Retirement Facilities 
2.Skilled Nursing Facility 
3.Intermediate Care Facilities 
4.Assisted Living Facilities 
3.Intermediate Care Facilities 
A medication that is used to treat pain: 
1.Analgesic 
2.Antiseptic 
3.Anticoagulant 
4.Antibiotic 
1.Analgesic 
Which of the f...
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