Survey of Accounting, 7th Edition – Thomas P. Edmonds – Complete Test Bank with Answer Keys (Multiple Choice, True/False & Application-Based – All Chapters)

This document contains the full test bank for Survey of Accounting (7th Edition) by Thomas P. Edmonds. It includes over 100 multiple choice, true/false, and applied problem-solving questions per chapter, each with verified answer keys. Topics span the accounting cycle, financial statements, internal controls, merchandising, corporate transactions, cash flow analysis, and decision-making. This test bank is ideal for instructors preparing assessments and students studying for exams in foundational accounting courses. Chapter 1 An Introduction to Accounting Chapter 2 Accounting for Accruals and Deferrals Chapter 3 Accounting for Merchandising Businesses Chapter 4 Internal Controls, Accounting for Cash, and Ethics Chapter 5 Accounting for Receivables and Inventory Cost Flow Chapter 6 Accounting for Long-Term Operational Assets Chapter 7 Accounting for Liabilities Chapter 8 Proprietorships, Partnerships, and Corporations Chapter 9 Financial Statement Analysis Chapter 10 An Introduction to Management Accounting Chapter 11 Cost Behavior, Operating Leverage, and Profitability Analysis Chapter 12 Cost Accumulation, Tracing, and Allocation Chapter 13 Relevant Information for Special Decisions Chapter 14 Planning for Profit and Cost Control (This chapter not included in the test bank) Chapter 15 Performance Evaluation Chapter 16 Planning for Capital Investments