Accounting equations rs Study guides, Class notes & Summaries
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Test Bank for CFIN7 7th Edition by Scott Besley
- Exam (elaborations) • 293 pages • 2022
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Test Bank for CFIN7 7th Edition by Scott Besley, Eugene Brigham 
 
ISBN-13: 5150 
 
Full Chapters test bank includes Multiple choice questions and True false 
 
 Chapter 1. An Overview of Managerial Finance 
 1-1. What Is Finance? 
 1-1a. General Areas of Finance 
 1-1b. The Importance of Finance in Non-Finance Areas 
 1-2. Alternative Forms of business Organization 
 1-2a. Proprietorship 
 1-2b. Partnership 
 1-2c. Corpora...
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Accounting Equations Test Questions And Answers
- Exam (elaborations) • 5 pages • 2024
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Accounting Equations Test 
Questions And Answers 
 
 
 
Account - ANSWER- an accounting device used in summarizing the effects of 
transactions (increases/ decreases) on element of the financial statement. 
Chart of Accounts - ANSWER- a listing of all account titles used by an entity. 
Purpose of the Financial Statements? - ANSWER- to provide information about the 
financial position, financial performance and cash flows of an entity that is useful to a 
wide range of users in making economi...
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