Corporate Financial Accounting, 16th Edition TEST BANK by Carl S. Warren Jeff Jones, Verified Chapters 1 - 14, Complete Newest Version

TEST BANK
Corporate Financial Accounting, 16th Edition
by Carl S. Warren Jeff Jones, All Chapters 1 - 14, Complete




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, Chapter 1:Introduction to Accounting and Business
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Chapter 2:Analyzing Transactions
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Chapter 3:The Adjusting Process
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Chapter 4:The Accounting Cycle
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Chapter 5:Accounting for Retail Businesses
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Chapter 6:Inventories
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Chapter 7:Internal Control and Cash
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Chapter 8:Receivables
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Chapter 9:Long-Term Assets: Fixed and Intangible
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Chapter 10:Liabilities: Current, Installment Notes, and Contingencies
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Chapter 11:Liabilities: Bonds Payable
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Chapter 12:Corporations: Organization, Stock Transactions, and Dividends
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Chapter 13:Statement of Cash Flows
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Chapter 14:Financial Statement Analysis
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,Chapterq01q-qAccountingqandqBusiness

1. Aqcorporationqisqaqbusinessqthatqisqlegallyqseparateqandqdistinctqfromqitsqowners.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy
Bloom's:qRemembering
QUESTIONqTYPE: Trueq/qFalse
HASqVARIABLES: False
LEARNINGqOBJECTIVES: FNMN.WAJO.19.01q 01q-qLO:q01-01
ACCREDITINGqSTANDARDS:q ACCT.ACBSP.APC.03q-qBusinessqForms
ACCT.AICPA.BB.01q-qIndustry
ACCT.AICPA.FN.03q-
qMeasurementqBUSPROG:qAnalytic

DATEqCREATED: 7/26/2017q4:27qPM
DATEqMODIFIED: 10/16/2017q3:33qPM

2. Theqroleqofqaccountingqisqtoqprovideqmanyqdifferentqusersqwithqfinancialqinformationqtoqmakeqeconomicqdecisions.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Moderate
Bloom's:qRemembering
QUESTIONqTYPE: Trueq/qFalse
HASqVARIABLES: False
LEARNINGqOBJECTIVES: FNMN.WAJO.19.01q 01q-qLO:q01-01
ACCREDITINGqSTANDARDS:q ACCT.ACBSP.APC.01q-qPurpose
ACCT.AICPA.FN.03q-
qMeasurementqBUSPROG:qAnalytic

DATEqCREATED: 7/26/2017q4:27qPM
DATEqMODIFIED: 10/16/2017q3:33qPM

3. Accountingqinformationqusersqneedqreportsqaboutqtheqeconomicqactivitiesqandqconditionqofqbusinesses.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy
Bloom's:qRemembering
CopyrightqCengageqLearning.qPoweredqbyqCogner Pageq3
o.

, QUESTIONqTYPE: Trueq/qFalse
HASqVARIABLES: False
LEARNINGqOBJECTIVES: FNMN.WAJO.19.01-01q-qLO:q01-01
ACCREDITINGqSTANDARDS:q ACCT.ACBSP.APC.01q-qPurpose
ACCT.AICPA.BB.01q-qIndustry
ACCT.AICPA.FN.03q-
qMeasurementqBUSPROG:qAnalytic

DATEqCREATED: 7/26/2017q4:27qPM
DATEqMODIFIED: 10/16/2017q3:33qPM

4. Managerialqaccountingqinformationqisqusedqbyqexternalqandqinternalqusersqequally.
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Easy
Bloom's:qRemembering
QUESTIONqTYPE: Trueq/qFalse
HASqVARIABLES: False
LEARNINGqOBJECTIVES: FNMN.WAJO.19.01q 01q-qLO:q01-01
ACCREDITINGqSTANDARDS:q ACCT.ACBSP.APC.01q-qPurpose
ACCT.ACBSP.APC.25q-qManagerialqCharacteristics/TerminologyqACCT.AICPA.FN.03q-
qMeasurement

BUSPROG:qAnalytic
DATEqCREATED: 7/26/2017q4:27qPM
DATEqMODIFIED: 10/16/2017q3:33qPM

5. Seniorqexecutivesqcannotqbeqcriminallyqprosecutedqforqtheqwrongqdoingsqtheyqcommitqonqbehalfqofqtheqcompaniesqw
hereqtheyqwork.
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Easy
Bloom's:qRemembering
QUESTIONqTYPE: Trueq/qFalse
HASqVARIABLES: False
LEARNINGqOBJECTIVES: FNMN.WAJO.19.01q 01q-qLO:q01-01
ACCREDITINGqSTANDARDS:q ACCT.ACBSP.APC.01q-qPurpose
ACCT.AICPA.BB.03q-qLegal
ACCT.AICPA.FN.03q-
qMeasurementqBUSPROG:qEthics

DATEqCREATED: 7/26/2017q4:27qPM
DATEqMODIFIED: 10/16/2017q3:33qPM


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