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Exam (elaborations)
CBAD 201 - UNIT 1 EXAM QUESTIONS ANSWERED CORRECTLY LATEST UPDATE 2026
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--1February 20262025/2026A+Available in bundle
- CBAD 201 - UNIT 1 EXAM QUESTIONS ANSWERED CORRECTLY LATEST UPDATE 2026 
 
What is accounting? - Answers An information system that measures business activities, processes data into financial statements, and communicates results to decision makers. 
What is bookkeeping? - Answers The mechanical part of accounting. 
What is the accounting cycle? - Answers The process by which a company's financial statements are prepared. 
What are the two types of accounting? - Answers Financial Accounting and...
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TutorJosh
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Exam (elaborations)
CBAD 201 CHAPTER 2 EXAM QUESTIONS ANSWERED CORRECTLY LATEST UPDATE 2026
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--1February 20262025/2026A+Available in bundle
- CBAD 201 CHAPTER 2 EXAM QUESTIONS ANSWERED CORRECTLY LATEST UPDATE 2026 
 
Music recommendation application: Based on a user's listening habits, the user's ratings of music, other users' preferences, and other data, the music recommendation application makes recommendations to users for other songs they may like. - Answers unsupervised 
Object recognition application: The computer is fed photos with information about what is pictured in each one. The computer is trained to recognize obj...
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TutorJosh
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Exam (elaborations)
CBAD 201 FINAL EXAM QUESTIONS ANSWERED CORRECTLY LATEST UPDATE 2026
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--8February 20262025/2026A+Available in bundle
- CBAD 201 FINAL EXAM QUESTIONS ANSWERED CORRECTLY LATEST UPDATE 2026 
 
Net working capital: 
 
a. should be the same for all companies 
b. represents the company's ability to pay its long-term debts 
c. is computed by subtracting total current liabilities from total current assets 
d. should be a negative number to ensure the profitability of the company. - Answers c. is computed by subtracting total current liabilities from total current assets 
What type of business organization transacts m...
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TutorJosh
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Exam (elaborations)
CBAD 201 EXAM 1 QUESTIONS ANSWERED CORRECTLY LATEST UPDATE 2026
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--1February 20262025/2026A+Available in bundle
- CBAD 201 EXAM 1 QUESTIONS ANSWERED CORRECTLY LATEST UPDATE 2026 
 
Common stock __________ stockholders' equity - Answers Increases 
Retained Earnings ________ stockholders' equity - Answers Increases 
Dividends _____________ stockholders' equity - Answers decreases 
Revenues ______________ stockholders' equity - Answers increases 
Expenses ______________ stockholders' equity - Answers decreases 
Assets ______ with debit and _________ with credit - Answers increase, decrease 
Liab...
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TutorJosh
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Exam (elaborations)
CBAD 201 - FOUNDATIONS ASSESSMENT EXAM QUESTIONS ANSWERED CORRECTLY LATEST UPDATE 2026
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--2February 20262025/2026A+Available in bundle
- CBAD 201 - FOUNDATIONS ASSESSMENT EXAM QUESTIONS ANSWERED CORRECTLY LATEST UPDATE 2026 
 
cash - Answers asset 
balance sheet 
debit 
accounts recceivable - Answers asset 
balance sheet 
debit 
inventory - Answers asset 
balance sheet 
debit 
prepaid expense - Answers asset 
balance sheet 
debit 
supplies - Answers asset 
balance sheet 
debit 
equipment - Answers asset 
balance sheet 
debit 
vehicle - Answers asset 
balance sheet 
debit 
building - Answers asset 
balance sheet 
debit 
land - Ans...
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TutorJosh
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Exam (elaborations)
CBAD 201 - CHAPTER 4 EXAM QUESTIONS ANSWERED CORRECTLY LATEST UPDATE 2026
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--2February 20262025/2026A+Available in bundle
- CBAD 201 - CHAPTER 4 EXAM QUESTIONS ANSWERED CORRECTLY LATEST UPDATE 2026 
 
The two most common types of fraud impacting financial statements are misappropriation of assets and fraudulent financial reporting. - Answers True 
Which of the following terms is not part of the fraud triangle? - Answers Conspiracy 
The primary way that fraud is detected, prevented, or corrected is through a proper system of internal control. - Answers True 
Which of the following items is not an objective of an inter...
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TutorJosh
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Exam (elaborations)
CBAD 201 FINAL EXAM QUESTIONS AND 100% CORRECT ANSWERS 2026
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---18February 20262025/2026A+
- CBAD 201 FINAL EXAM QUESTIONS AND 100% CORRECT ANSWERS 
 
 
 
Q.Net working capital: 
 
a. should be the same for all companies 
b. represents the company's ability to pay its long-term debts 
c. is computed by subtracting total current liabilities from total current assets 
d. should be a negative number to ensure the profitability of the company. - ANSWERS-c. is computed by subtracting total current liabilities from total current assets 
 
Q.What type of business organizatio...
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IszackBd