Kaplan Univ ACC 499 Midterm Exam

Kaplan Univ ACC 499 Midterm Exam

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Kaplan Univ ACC 499 Midterm Exam
  • Kaplan Univ ACC 499 Midterm Exam

  • Exam (elaborations) • 6 pages • 2018
  • Question 1. Question : An entity that is organized according to state or federal statutes and in which ownership is divided into shares of stock is a Student Answer: proprietorship. corporation. partnership. governmental unit. A 2. Question : When a product is sold, this cost is often called Student Answer: cost of goods sold. revenue. products. retained earnings. 3. Question : Which of the following are business stakeholders? Student Answer: Stockholders Suppliers Customers All of these 4. Ques...
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