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ACC 561 FINAL EXAM 1, 2, 3 & 4 QUESTIONS AND ANSWERS LATEST UPDATE GRADED A+
ACC 561 FINAL EXAM 1, 2, 3 & 4 QUESTIONS AND ANSWERS LATEST UPDATE GRADED A+
[Show more]ACC 561 FINAL EXAM 1, 2, 3 & 4 QUESTIONS AND ANSWERS LATEST UPDATE GRADED A+
[Show more]ACC 561 FINAL EXAM 4 
 
1.	Question 1 
The entry to record the acquisition of raw materials on account is: 
Correct 
(B) Raw Materials Inventory&... 
2.	Question 2 
Which of the following statements concerning users of accounting information is incorrect? 
Correct 
(D) Regulatory authorities ... 
3....
Preview 2 out of 7 pages
Add to cartACC 561 FINAL EXAM 4 
 
1.	Question 1 
The entry to record the acquisition of raw materials on account is: 
Correct 
(B) Raw Materials Inventory&... 
2.	Question 2 
Which of the following statements concerning users of accounting information is incorrect? 
Correct 
(D) Regulatory authorities ... 
3....
ACC 561 FINAL EXAM 1 
 
1.	Question 1 
The entry to record the acquisition of raw materials on account is: 
Correct 
(B) Raw Materials Inventory&... 
2.	Question 2 
Which of the following statements concerning users of accounting information is incorrect? 
Correct 
(D) Regulatory authorities ... 
3....
Preview 2 out of 7 pages
Add to cartACC 561 FINAL EXAM 1 
 
1.	Question 1 
The entry to record the acquisition of raw materials on account is: 
Correct 
(B) Raw Materials Inventory&... 
2.	Question 2 
Which of the following statements concerning users of accounting information is incorrect? 
Correct 
(D) Regulatory authorities ... 
3....
ACC 561 FINAL EXAM 2 
 
1.	Danner Corporation reported net sales of $650,000, $720,000, and $780,000 in the years 2016, 2017, and 2018, respectively. If 2016 is the base year, what percentage do 2018 sales represent of the base? 
a. 2018 net sales / base year 2016 net sales = 780,000 / 650,000 = 1.2...
Preview 1 out of 4 pages
Add to cartACC 561 FINAL EXAM 2 
 
1.	Danner Corporation reported net sales of $650,000, $720,000, and $780,000 in the years 2016, 2017, and 2018, respectively. If 2016 is the base year, what percentage do 2018 sales represent of the base? 
a. 2018 net sales / base year 2016 net sales = 780,000 / 650,000 = 1.2...
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