Embry BUSW500 Module 4.6 Accounting Quiz 2016
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Question Question 1 4 / 4 pts When a company borrows cash from a bank, which of the following will occur? An increase to cash A decrease to accounts receivable A decrease to notes payable An increase to owners' capital Question 2 4 / 4 pts Which of the following assets is assumed to have an unlimited useful life? Furniture Land Machinery Building Question 3 4 / 4 pts The primary responsibility for setting the rules of accounting rests with the: Financial Accounting Standards Board (FASB). Americ...
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Embry BUSW500 Module 4.6 Accounting Quiz 2016•Embry BUSW500 Module 4.6 Accounting Quiz 2016
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Question Question 1 4 / 4 pts When a company borrows cash from a bank, which of the following will occur? An increase to cash A decrease to accounts receivable A decrease to notes payable An increase to owners' capital Question 2 4 / 4 pts Which of the following assets is assumed to have an unlimited useful life? Furniture Land Machinery Building Question 3 4 / 4 pts The primary responsibility for setting the rules of accounting rests with the: Financial Accounting Standards Board (FASB). Americ...
Question Question 1 4 / 4 pts When a company borrows cash from a bank, which of the following will occur? An increase to cash A decrease to accounts receivable A decrease to notes payable An increase to owners' capital Question 2 4 / 4 pts Which of the following assets is assumed to have an unlimited useful life? Furniture Land Machinery Building Question 3 4 / 4 pts The primary responsibility for setting the rules of accounting rests with the: Financial Accounting Standards Board (FASB). Americ...
- Examen
- • 9 páginas's •
-
Embry BUSW500 Module 4.6 Accounting Quiz 2016•Embry BUSW500 Module 4.6 Accounting Quiz 2016
Vista previa 1 fuera de 9 páginas
Question Question 1 4 / 4 pts When a company borrows cash from a bank, which of the following will occur? An increase to cash A decrease to accounts receivable A decrease to notes payable An increase to owners' capital Question 2 4 / 4 pts Which of the following assets is assumed to have an unlimited useful life? Furniture Land Machinery Building Question 3 4 / 4 pts The primary responsibility for setting the rules of accounting rests with the: Financial Accounting Standards Board (FASB). Americ...
Question Question 1 4 / 4 pts When a company borrows cash from a bank, which of the following will occur? An increase to cash A decrease to accounts receivable A decrease to notes payable An increase to owners' capital Question 2 4 / 4 pts Which of the following assets is assumed to have an unlimited useful life? Furniture Land Machinery Building Question 3 4 / 4 pts The primary responsibility for setting the rules of accounting rests with the: Financial Accounting Standards Board (FASB). Americ...
- Examen
- • 9 páginas's •
-
Embry BUSW500 Module 4.6 Accounting Quiz 2016•Embry BUSW500 Module 4.6 Accounting Quiz 2016
Vista previa 1 fuera de 9 páginas
Question Question 1 4 / 4 pts When a company borrows cash from a bank, which of the following will occur? An increase to cash A decrease to accounts receivable A decrease to notes payable An increase to owners' capital Question 2 4 / 4 pts Which of the following assets is assumed to have an unlimited useful life? Furniture Land Machinery Building Question 3 4 / 4 pts The primary responsibility for setting the rules of accounting rests with the: Financial Accounting Standards Board (FASB). Americ...