TEST BANK
Horngren's Financial & Managerial
Accounting, The Financial
Chapters, 8th Edition by
Tracie Miller-Nobles
Complete Chapter Test Bank
are included (Ch 1 to 15)
** Immediate Download
** Swift Response
** All Chapters included
,Table of Contents are given below
1.Accounting and the Business Environment
2.Recording Business Transactions
3.The Adjusting Process
4.Completing the Accounting Cycle
5.Merchandising Operations
6.Merchandise Inventory
7.Internal Control and Cash
8.Receivables
9.Plant Assets, Natural Resources, and Intangibles
10.Investments
11.Current Liabilities and Payroll
12.Long-Term Liabilities
13.Stockholders' Equity
14.The Statement of Cash Flows
15.Financial Statement Analysis
,The test bank is organized in reverse order, with the last chapter displayed first, to ensure that all chapters
are included in this document. (Complete Chapters included Ch15-1)
Financial and Managerial Accounting: Financial Chapters, 8e (Miller-Nobles)
Chapter F:15 Financial Statement Analysis
Learning Objective F:15-1
1) Investors and creditors can evaluate a company by examining only one year of data.
Answer: FALSE
Diff: 1
LO: F:15-1
AACSB: Application of knowledge
AICPA Functional: Measurement
PE Question Type: Concept
H2: Purpose of Analysis
2) Investors and creditors cannot evaluate a company by examining only one year of data.
Answer: TRUE
Diff: 1
LO: F:15-1
AACSB: Application of knowledge
AICPA Functional: Measurement
PE Question Type: Concept
H2: Purpose of Analysis
3) To accurately determine the financial performance of a company, it is necessary to compare its
performance from year to year, with a competing company, and with the same industry as a whole.
Answer: TRUE
Diff: 1
LO: F:15-1
AACSB: Application of knowledge
AICPA Functional: Measurement
PE Question Type: Concept
H2: Purpose of Analysis
4) Most financial analyses cover trends over three to five years.
Answer: TRUE
Diff: 1
LO: F:15-1
AACSB: Application of knowledge
AICPA Functional: Measurement
PE Question Type: Concept
H2: Purpose of Analysis
1
, 5) To accurately determine the financial performance of a company, it is necessary to compare its
performance from year to year and with a competing company, but not to the industry as a whole.
Answer: FALSE
Diff: 1
LO: F:15-1
AACSB: Application of knowledge
AICPA Functional: Measurement
PE Question Type: Concept
H2: Purpose of Analysis
6) Most financial analyses cover trends over ________.
A) one month
B) one year
C) two years
D) three to five years
Answer: D
Diff: 1
LO: F:15-1
AACSB: Application of knowledge
AICPA Functional: Measurement
PE Question Type: Concept
H2: Purpose of Analysis
7) To accurately determine the financial performance of a company, it is necessary to compare the
company's performance ________.
A) to only companies that are larger than itself
B) to companies overseas
C) over a short time period
D) with the same industry as a whole
Answer: D
Diff: 1
LO: F:15-1
AACSB: Application of knowledge
AICPA Functional: Measurement
PE Question Type: Concept
H2: Purpose of Analysis
2
Horngren's Financial & Managerial
Accounting, The Financial
Chapters, 8th Edition by
Tracie Miller-Nobles
Complete Chapter Test Bank
are included (Ch 1 to 15)
** Immediate Download
** Swift Response
** All Chapters included
,Table of Contents are given below
1.Accounting and the Business Environment
2.Recording Business Transactions
3.The Adjusting Process
4.Completing the Accounting Cycle
5.Merchandising Operations
6.Merchandise Inventory
7.Internal Control and Cash
8.Receivables
9.Plant Assets, Natural Resources, and Intangibles
10.Investments
11.Current Liabilities and Payroll
12.Long-Term Liabilities
13.Stockholders' Equity
14.The Statement of Cash Flows
15.Financial Statement Analysis
,The test bank is organized in reverse order, with the last chapter displayed first, to ensure that all chapters
are included in this document. (Complete Chapters included Ch15-1)
Financial and Managerial Accounting: Financial Chapters, 8e (Miller-Nobles)
Chapter F:15 Financial Statement Analysis
Learning Objective F:15-1
1) Investors and creditors can evaluate a company by examining only one year of data.
Answer: FALSE
Diff: 1
LO: F:15-1
AACSB: Application of knowledge
AICPA Functional: Measurement
PE Question Type: Concept
H2: Purpose of Analysis
2) Investors and creditors cannot evaluate a company by examining only one year of data.
Answer: TRUE
Diff: 1
LO: F:15-1
AACSB: Application of knowledge
AICPA Functional: Measurement
PE Question Type: Concept
H2: Purpose of Analysis
3) To accurately determine the financial performance of a company, it is necessary to compare its
performance from year to year, with a competing company, and with the same industry as a whole.
Answer: TRUE
Diff: 1
LO: F:15-1
AACSB: Application of knowledge
AICPA Functional: Measurement
PE Question Type: Concept
H2: Purpose of Analysis
4) Most financial analyses cover trends over three to five years.
Answer: TRUE
Diff: 1
LO: F:15-1
AACSB: Application of knowledge
AICPA Functional: Measurement
PE Question Type: Concept
H2: Purpose of Analysis
1
, 5) To accurately determine the financial performance of a company, it is necessary to compare its
performance from year to year and with a competing company, but not to the industry as a whole.
Answer: FALSE
Diff: 1
LO: F:15-1
AACSB: Application of knowledge
AICPA Functional: Measurement
PE Question Type: Concept
H2: Purpose of Analysis
6) Most financial analyses cover trends over ________.
A) one month
B) one year
C) two years
D) three to five years
Answer: D
Diff: 1
LO: F:15-1
AACSB: Application of knowledge
AICPA Functional: Measurement
PE Question Type: Concept
H2: Purpose of Analysis
7) To accurately determine the financial performance of a company, it is necessary to compare the
company's performance ________.
A) to only companies that are larger than itself
B) to companies overseas
C) over a short time period
D) with the same industry as a whole
Answer: D
Diff: 1
LO: F:15-1
AACSB: Application of knowledge
AICPA Functional: Measurement
PE Question Type: Concept
H2: Purpose of Analysis
2
