Comm 217 - Study guides, Class notes & Summaries
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COMM 217 FINAL EXAM UPDATE QUESTIONS AND ANSWERS IN THE LAST PAGE Concordia University
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COMM 217 FINAL EXAM UPDATE QUESTIONS AND ANSWERS IN THE LAST PAGE Concordia University
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COMM 217 Midterm PASSED Actual Exam Questions and CORRECT Answers
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COMM 217 Midterm PASSED Actual 
Exam Questions and CORRECT Answers 
According to the text, which of the following is NOT a necessary characteristic of 
interpersonal communication? 
a. It defines relationships. 
b. It happens over time. 
c. It relates to intimate information. 
d. It occurs between people. - CORRECT ANSWER- c. It relates to intimate information.
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COMM 217 Final MC Actual Exam Questions and CORRECT Answers
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COMM 217 Final MC Actual Exam 
Questions and CORRECT Answers 
Under the accrual basis of accounting, 
a. cash must be received before revenue is recognized. 
b. profit is calculated by matching cash outflows against cash inflows. 
c. events that change a company's financial statements are recognized in the period they 
occur rather than only in the period in which cash is paid or received. 
d. the ledger accounts must be adjusted to reflect a cash basis of accounting before 
financial statemen...
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COMM 217 Midterm Exam Past Questions and Answers with complete solution
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COMM 217 Midterm Exam Past Questions and Answers with complete solution
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COMM 217 - FINAL MCQ Actual Questions and Answers Solved correctly 100%( complete version)
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COMM 217 - FINAL MCQ Actual Questions and Answers Solved correctly 100%( complete version) 
 
 
COMM 217 - FINAL MCQ Actual Questions and Answers 
 
Solved correctly 100%( complete version) 
 
 
1.	The Total Asset Turnover measures which of the following? 
a)	the profit generated by efficient management of assets 
b)	how quickly we liquidate our inventory 
c)	the sales revenue generated by efficient management of assets 
d)	the ability to earn profit for the shareholders 
 
2.	Parker Ban...
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COMM 217 Midterm UPDATED Actual Exam Questions and CORRECT Answers
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COMM 217 Midterm UPDATED Actual 
Exam Questions and CORRECT Answers 
What is financial accounting? - CORRECT ANSWER- It includes financial reports and 
taxation of transactions made by external users, investors, companies, owners. 
What is managerial accounting? - CORRECT ANSWER- It is used to indicate to internal 
users the breakdown of the company's activities, in an effort to better perform.
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COMM 217 Chap 6-7 connect practice (assign) Concordia University
- Exam (elaborations) • 12 pages • 2023
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COMM 217 Chap 6-7 connect practice (assign) Concordia University
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COMM 217 Final UPDATED Actual Exam Questions and CORRECT Answers
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COMM 217 Final UPDATED Actual 
Exam Questions and CORRECT Answers 
Statement of financial position (balance sheet) - CORRECT ANSWER- 1. Assets 
2. Liabilities 
3. Shareholder's Equity 
Statement of Earnings (Income Statement) - CORRECT ANSWER- 1. Revenues 
2. Expense
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COMM 217 Chap 6-7 live complete update 2024 Concordia University
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COMM 217 Chap 6-7 live complete update 2024 Concordia University
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COMM 217 Midterm Exam Questions With Verified Answers.
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COMM 217 Midterm Exam Questions With 
Verified Answers. 
According to the text, which of the following is NOT a necessary characteristic of interpersonal 
communication? 
a. It defines relationships. 
b. It happens over time. 
c. It relates to intimate information. 
d. It occurs between people. - answerc. It relates to intimate information. 
Different cultures have different standards that define competent communication. This cultural 
variation speaks to which element of communication competenc...
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