100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Test Bank Survey of Accounting 8th Edition Carl Warren $10.98   Add to cart

Exam (elaborations)

Test Bank Survey of Accounting 8th Edition Carl Warren

3 reviews
 37 views  0 purchase
  • Course
  • Institution
  • Book

Test Bank Survey of Accounting 8th Edition Carl Warren

Preview 4 out of 120  pages

  • April 3, 2022
  • 120
  • 2021/2022
  • Exam (elaborations)
  • Questions & answers

3  reviews

review-writer-avatar

By: Student571 • 8 months ago

review-writer-avatar

By: savesasa555 • 8 months ago

review-writer-avatar

By: John571 • 2 year ago

avatar-seller
Test Bank Survey of Accounting 8th Edition Carl Warren

1. The basic elements of a financial accounting system include a framework for preparing financial statements.

a. True

b. Fals
e


True
ANSWER:
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: SACC.WARR.18.2-1 - LO: 02.01
NATIONAL STANDARDS: United States - BUSPROG: Analytic
STATE STANDARDS: United States - DISC: - ACBSP: APC-01 - Purpose
United States - AK - DISC: AICPA: FN-
Measurement
KEYWORDS: Bloom's: Remembering
DATE CREATED: 7/19/2016 9:45 AM
DATE MODIFIED: 7/19/2016 9:45 AM
QUESTION ID: JFND-GO3A-EW4R-GQNB


GCID-E7BW-1TBP-CE4U-KPTI-8R4D-CQB1-GY5N-4A3W-COHN-4PTT-CE4N-4AUF-CC5N-4PUG-CJ1U-RCJZ-GTDI-GWN
QUESTION GLOBAL ID: KC5R-CF1U-NA31-GHSU-OATA-8RSU-OA3Z-GOSU-QQMR-GCSU-1ATU-CO5G-NA3U-E7JI-YT4D-JFNN-4OTI-GO4W-NQ

,2. The accounting equation is expressed as follows: Assets = Liabilities + Stockholders' Equity.

a. True

b. Fals
e


True
ANSWER:
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: SACC.WARR.18.2-1 - LO: 02.01
NATIONAL STANDARDS: United States - BUSPROG: Analytic
STATE STANDARDS: United States - DISC: - ACBSP: APC-06 - Recording
Transactions
United States - AK - DISC: AICPA: FN-Measurement
KEYWORDS: Bloom's: Remembering
DATE CREATED: 7/19/2016 9:45 AM
DATE MODIFIED: 7/19/2016 9:45 AM
QUESTION ID: JFND-GO3A-EW4R-GQB3


GCID-E7BW-1TBP-CE4U-KPTI-8R4D-CQB1-GY5N-4A3W-COHN-4PTT-CE4N-4AUF-CC5N-4PUG-CJ1U-RCJZ-GTDI-GWN
QUESTION GLOBAL ID: CE5U-NATI-GBTD-OCB1-CRSU-EATI-8RSS-RP3T-GOSU-QA33-GHSS-G3UR-GRHU-CA3Z-E7JI-YT4D-JFNN-4OTI-GO4W

,3. Any given transaction must affect at least two different parts of the accounting equation.

a. True

b. Fals
e


False
ANSWER:
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: SACC.WARR.18.2-1 - LO: 02.01
NATIONAL STANDARDS: United States - BUSPROG: Analytic
STATE STANDARDS: United States - DISC: - ACBSP: APC-06 - Recording
Transactions
United States - AK - DISC: AICPA: FN-Measurement
KEYWORDS: Bloom's: Understanding
DATE CREATED: 7/19/2016 9:45 AM
DATE MODIFIED: 7/19/2016 9:45 AM
QUESTION ID: JFND-GO3A-EW4R-GQBA


GCID-E7BW-1TBP-CE4U-KPTI-8R4D-CQB1-GY5N-4A3W-COHN-4PTT-CE4N-4AUF-CC5N-4PUG-CJ1U-RCJZ-GTDI-GWN
QUESTION GLOBAL ID: CCT3-GA5G-EPJW-CASU-GQJU-CESU-YAMR-GOSU-OQDR-GOSS-NCBT-8YAD-1C5D-E7JI-YT4D-JFNN-4OTI-GO4W-NQ

, 4. The accounting equation can be expressed as: Assets − Liabilities = Revenues.

a. True

b. Fals
e


False
ANSWER:
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: SACC.WARR.18.2-1 - LO: 02.01
NATIONAL STANDARDS: United States - BUSPROG: Analytic
STATE STANDARDS: United States - DISC: - ACBSP: APC-06 - Recording
Transactions
United States - AK - DISC: AICPA: FN-Measurement
KEYWORDS: Bloom's: Remembering
DATE CREATED: 7/19/2016 9:45 AM
DATE MODIFIED: 11/2/2016 4:53 AM
QUESTION ID: JFND-GO3A-EW4R-GQNG


GCID-E7BW-1TBP-CE4U-KPTI-8R4D-CQB1-GY5N-4A3W-COHN-4PTT-CE4N-4AUF-CC5N-4PUG-CJ1U-RCJZ-GTDI-GWN
QUESTION GLOBAL ID: 8RAU-OATZ-GTTU-GPUG-CRSU-NCDN-8RSS-CPTA-GOSU-13TU-CWSU-YPTS-CWHU-EPUD-E7JI-YT4D-JFNN-4OTI-GO

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller solutions. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $10.98. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

82871 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$10.98
  • (3)
  Add to cart