Acc/561 Final Examination Study Guide

final examination trial Study take away ACC/561 mutant 4 1 ACC/561 Final Examination Study Guide This study guide result fixate you for the Final Examination you will complete in the final week. It contains practice questions, which are related to each weeks objectives. In addition, stir to each weeks readings and your educatee guide as study references for the Final Examination. Week ane: Financial inform and Analysis accusing: Differentiate between pecuniary line of reasonings. 1. The _____ is as well called the statement of financial position. a. income statement b. equipoise sheet c. statement of retained earnings d. statement of working capital flows accusive: Differentiate between financial statements. 2. _____ is the field of business consanguinity that develops information for external decision makers, such as stockholders, suppliers, banks, and organisation restrictive agencies. a. Auditing b. c. d. Tax bank billing Management explanationing system Financial accounting Objective: Differentiate between financial statements. 3. The primary users of management accounting information are _____. a. bankers b. political regulatory authorities c. inner decision makers d. suppliers Objective: adjudicate financial statements of nongovernment organizations. 4.

The Rebecca Company acquired trade stock-take costing $10,000 on September 1. The company will not pay for the inventory until October 1. This relations will refer the Rebecca Company by increase the merchandise inventory account by $10,000 and by _____. a. change magnitude the account s payable account by $10,000 b. c. d. ! change magnitude the accounts payable account by $10,000 increasing the capital account by $10,000 decreasing the capital account by $10,000 Objective: Evaluate financial statements of nongovernment organizations. 5. Etiwanda Companys comptroller recorded a debit to the accounts payable account and a credit to the cash account. This transaction will _____. a. increase cash and change magnitude accounts...If you penury to get a full essay, order it on our website: OrderCustomPaper.com

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