null
US
Entrar
Registre-se gratuitamente
Registre-se
Detectamos que o JavaScript não está habilitado no teu navegador. Habilite o Javascript para o funcionamento correto do nosso site. Por favor, leia os
Termos e Condições
para mais informações.
Próximo
Copiar e Editar
Você deve estar logado para concluir esta ação!
Inscreva-se gratuitamente
524641
Chapter 2 +
Descrição
Accounting 101 Quiz sobre Chapter 2 +, criado por smjackson7 em 04-02-2014.
Sem etiquetas
accounting 101
midterm
accounting 101
Quiz por
smjackson7
, atualizado more than 1 year ago
Mais
Menos
Criado por
smjackson7
mais de 10 anos atrás
196
0
0
Resumo de Recurso
Questão 1
Questão
When a business reports an asset at an inflated dollar amount, it has violated the measurement issue of:
Responda
recognition
valuation
classification
realization
Questão 2
Questão
The issue of deciding when to record a transaction is solved by
Responda
properly classifying the transaction
deciding on a point of recognition
assigning historical cost to the transaction
analyzing the intent of management
Questão 3
Questão
Which of the following accounts is increased with a credit?
Responda
Land
Rent Payable
Accounts Receivable
Prepaid Insurance
Questão 4
Questão
The double-entry system
Responda
requires that each transaction be recorded with multiple debits
requires that the total amount of the debits must never equal the total amount of the credits
is based on the principle of duality
requires that the total credits for each transaction exceed the total debits
Questão 5
Questão
The declaration and payment of dividends will
Responda
decrease net income
increase liabilities
decrease stockholders' equity
increase stockholders' equity
Questão 6
Questão
Is the process of assigning all the transactions in which a business engages to appropriate categories or accounts.
Responda
Classification
Valuation
Recognition
None of the above
Questão 7
Questão
Refers to the decision as to when to record a business transaction.
Responda
recognition
valuation
classification
none of the above
Questão 8
Questão
Recording transactions at the exchange price at the point of recognition is called the:
Responda
fair value
cost principle
none of the above
all of the above
Questão 9
Questão
This is prepared periodically and is used to ensure that the total of debits and credits in the accounts are equal, meaning that the accounts balance.
Responda
trial balance
balance sheet
adjusted journal entry
statement of retained earnings
Questão 10
Questão
Name all of which are on the trial balance:
Responda
Assets
Liabilities
OE
Revenues
Expenses
Quer criar seus próprios
Quizzes
gratuitos
com a GoConqr?
Saiba mais
.
Semelhante
ACC 101 Midterm Practice Exam # 1
smjackson7
Financial Statements, Equations/Ratios
smjackson7
Science 8: Mix and Flow of Matter MEGA QUIZ
Riley Babuik
GROUP DYNAMICS YO
Raquel Lindsay-M
Anatomy
أطباء 2020
Environmental Science Midterm
Saint_Master09
Integrated Social Science
omiracle
Winter Biology Midterm
Kate Kerr
Colonial Latin American History Midtern
Madison Mangels
Human Biology Year 1 Semester 1 Midterm 1 - Cells
michellelynnlebl
HVAC Practive midterm 56
Rudy Robertson
Explore a Biblioteca