Quiz 1 Question 1: The three summary accounts represented in the fundamental accounting equations are: - ANS Assets = liability + owner's equity
Quiz 1 Question 2: Jim tells a friend that some of the job functions he performs include acquiring property, paying for it, and reporting on what is ...
CMCP QUIZ // EXAM QUESTIONS AND
CORRECT DETAILED ANSWERS
ST
(VERIFIED ANSWERS) ALREADY
GRADED A+
, Quiz 1 Question 1: The three summary accounts represented in the fundamental
accounting equations are: - ANS Assets = liability + owner's equity
Quiz 1 Question 2: Jim tells a friend that some of the job functions he performs include
acquiring property, paying for it, and reporting on what is acquired. These functions are
a part of the _____ cycle - ANS Expenditure
Quiz 1 Question 3: A company's abilities can be demonstrated by which three basic
financial ratios listed below? (Select 3) - ANS EARNING POWER, SOLVENCY &
LIQUIDITY
K
Quiz 1 Question 4: Which financial statement shows revenues earned and expenses
C
incurred in earning those revenues, resulting in net income or net loss for the period? -
ANS INCOME STATEMENT
LO
Quiz 1 Question 5: When considering the importance of sustainability, which of the
following are megatrends to shaping the 21st century? Select 6 - ANS 1. INCREASED
VOLATILITY IN ENERGY RESERVES, 2. CHANGING DISEASE VECTORS,
3. WATER SECURITY,
4. GREENHOUSE GAS (GHG) POLLUTION,
YC
5. BIODIVERSTIY LOSSES AFFECTING THE NATURAL FOOD CYCLE,
6. ACCELERATED POPULATION GROWTH.
Quiz 1 Question 6: A program developer must consider social and environmental
returns that enhance ROI for a stronger overall investment. Match each issue a program
D
developer must consider to its description: - ANS HUMAN: FUNCTION, SOCIAL,
PHYSICAL, PHYSIOLOGICAL, AND PSYCHOLOGICAL
U
ENVIRONMENTAL: SITE CHARACTERISTICS, CLIMATE, CONTEXT, RESOURCES,
WASTE MANAGEMENT & SUSTAINABILITY
CULTURAL: HISTORICAL, INSTITUTIONAL, POLITICAL & LEGAL
ST
TECHNOLOGICAL: MATERIALS, SYSTEMS & PROCESSES
TIME: GROWTH, CHANCE, & PERMANENCE
ECONOMIC: FINANCE, CONSTRUCTION, OPERATIONS, MAINTENANCE &
ENERGY
AESTHETIC: FORM, SPACE, COLOR & MEANING
SAFETY: STRUCTURAL, FIRE, CHEMICAL, PERSONAL & CRIMINAL
Quiz 2 Question 1: Which lease type has tenants paying only base rent, and the
landlord paying for all expenses of the property operations? - ANS GROSS LEASE
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