Acct 212 week 7 quiz Studienführer, Klassennotizen & Zusammenfassungen

ACCT 212 Week 8 Quiz (Version 1) 1. Question: Zebra Company reports the following figures for the year ending December 31, 2019 and 2018……… What are the percentage changes from 2018 to 2019 for Net Sales, Cost of Goods Sold and Gross Profit, respectively. 2. Question: Szidon Company reports the following data…. Using benchmarking, what can be said about Szidon Company? 3. Question: Mussa Corporation reports the following data……… In vertical anaylsis, the cost of goods sold p...

Question: If a company issues 8,000 shares of $5 per value common stock for $88,000, the journal entry would include a credit to: Question: … corporation issues 9,000 shares of $1 per value common stock for $12,000, the journal entry would include a credit to: Question: Kunze Corporation has $1 par value Common Stock with 100,000 shares authorized and 25,000 shares issued. The journal entry to record Kunze’s purchase of 5,000 shares of common stock at $5 per share would be: Question: On De...

If a company issues 8,000 shares of $5 per value common stock for $88,000, the journal entry would include a credit to: Question: … corporation issues 9,000 shares of $1 per value common stock for $12,000, the journal entry would include a credit to: Question: Kunze Corporation has $1 par value Common Stock with 100,000 shares authorized and 25,000 shares issued. The journal entry to record Kunze’s purchase of 5,000 shares of common stock at $5 per share would be: Question: On December 31 ...

ACCT 212 Week 1 Quiz (Summer 2020) 1. (TCO 1) The type of accounting that makes projections to determine if a company should build a new store is (Points : 3) financial accounting. business accounting. managerial accounting. projection accounting. Question 2. 2. (TCO 1) Which type of business organization transacts the most business and is the largest in terms of assets, income, and number of employees? (Points : 3) Proprietorship Partnership ...

ACCT 212 WEEK 6 QUIZ 6 · Question 1 4 out of 4 points The purpose of the Statement of Cash Flows is · Question 2 4 out of 4 points Probably the most important indicator of financial health is the net cash flow from · Question 3 0 out of 4 points An Example of a cash outflow from financing activities is · Question 4 4 out of 4 points An example of a cash inflow from investing activities is · Question 5 0 out of 4 points An exam...

ACCT 212 CheckPoints Week 5 Quiz: DeVry university( 100% CORRECT) 1. (TCO 6) Which of the following is a natural resource? (Points : 3) Patents Timber Gas reserves both B and C Question 2. 2. (TCO 6) The process of allocating the cost of a plant asset to expense over the period in which the asset is used is called (Points : 3) amortization. allocation. depreciation. disclosure. Question 3. 3. (TCO 6) The portion of th...

.ACCT 212 CheckPoints Week 3 Quiz-DeVry University( 100% CORRECT) Question : (TCO 5) The three main components of the fraud triangle are Student Answer: rationalization, opportunity, and greed. opportunity, motive, and lack of ethics. motive, opportunity, and rationalization. None of the above Instructor Explanation: See Chapter 4. Points Received: 3 of 3 Comments: Question 2. Question : (TCO 5) Fraudulent financial reporting Student Answer: is co...

ACCT 212 CheckPoints Week 4 Quiz: DeVry University( 100% CORRECT) 1. Question : (TCO 4) The cost of the inventory that the business has sold to customers is called Student Answer: inventory. cost of goods sold. purchases. gross profit. Instructor Explanation: See Chapter 6. Points Received: 3 of 3 Comments: Question 2. Question : (TCO 4) The cost of inventory that is still on hand and has not been sold to customers is called Student Answer: cost o...