Acct 202 Final Review 2025 latest practice
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1/70 Questions
In ABC, manufacturing OH is credited when OH is applied to products using activity rates.
True.
Fales.
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About This Quiz
The ACCT 202 Final Review assesses understanding of cash flow statements, focusing on their
preparation, purpose, and transaction reporting. It evaluates key skills in managing and analyzing
financial activities, crucial for effective financial decision-making.
Acct 202 Final Review - Quiz
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2.
Generally, the most important category on the statement of cash flows is cash flows from:
Operating activities.
Investing activities.
Financing activities.
,Significant noncash activities.
Correct Answer
A. Operating activities.
Explanation
Exam 1
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3.
In ABC, OH is credited when OH is applied to products using activity rates.
True.
False.
Correct Answer
A. True.
Explanation
Exam 4
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4.
The statement of cash flows will not report the:
Amount of checks outstanding at the end of the period.
,Sources of cash in the current period.
Uses of cash in the current period.
Change in the cash balance for the current period.
Correct Answer
A. Amount of checks outstanding at the end of the period.
Explanation
Exam 1
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5.
Which one of the following items is not generally used in preparing a statement of cash flows?
Adjusted trial balance
Comparative balance sheets
Current income statement
Additional information
, Correct Answer
A. Adjusted trial balance
Explanation
Exam 1
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6.
The order of presentation of activities on the statement of cash flows is:
Operating, investing, and financing.
Operating, financing, and investing.
Financing, operating, and investing.
Financing, investing, and operating.
Correct Answer
A. Operating, investing, and financing.
Explanation
Exam 1
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7.
tesr with best problems and correct
solutions
1/70 Questions
In ABC, manufacturing OH is credited when OH is applied to products using activity rates.
True.
Fales.
Start
About This Quiz
The ACCT 202 Final Review assesses understanding of cash flow statements, focusing on their
preparation, purpose, and transaction reporting. It evaluates key skills in managing and analyzing
financial activities, crucial for effective financial decision-making.
Acct 202 Final Review - Quiz
Quiz Preview
2.
Generally, the most important category on the statement of cash flows is cash flows from:
Operating activities.
Investing activities.
Financing activities.
,Significant noncash activities.
Correct Answer
A. Operating activities.
Explanation
Exam 1
Rate this question:
1
3.
In ABC, OH is credited when OH is applied to products using activity rates.
True.
False.
Correct Answer
A. True.
Explanation
Exam 4
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4.
The statement of cash flows will not report the:
Amount of checks outstanding at the end of the period.
,Sources of cash in the current period.
Uses of cash in the current period.
Change in the cash balance for the current period.
Correct Answer
A. Amount of checks outstanding at the end of the period.
Explanation
Exam 1
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5.
Which one of the following items is not generally used in preparing a statement of cash flows?
Adjusted trial balance
Comparative balance sheets
Current income statement
Additional information
, Correct Answer
A. Adjusted trial balance
Explanation
Exam 1
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6.
The order of presentation of activities on the statement of cash flows is:
Operating, investing, and financing.
Operating, financing, and investing.
Financing, operating, and investing.
Financing, investing, and operating.
Correct Answer
A. Operating, investing, and financing.
Explanation
Exam 1
Rate this question:
1
7.
