ACCT 304 final Exam (2) complete A rated solutions/with instructors rationales; score -231 / 250 (92.4%)
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Course
ACCT 304 (ACCT304)
Institution
DeVry University
ACCT 304 Final Exam Sunday, February 10:05 AM Page: 1 2 3 Question 1. Question : (TCO 1) The FASB's standard-setting process includes, in the correct order, Question 2. Question : (TCO 1) When a registrant company submits its annual filing to the SEC, it uses Question 3. Question : (TCO 2) SFAC No....
acct 304 final exam 2 complete a rated solutionswith instructors rationales score 231 250 924
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ACCT 304 (ACCT304)
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ACCT 304 final Exam
Sunday, February 26, 2017
10:05 AM
Grading Summary
These are the automatically computed results of your exam. Grades Date 2/24/2017
for essay questions, and comments from your instructor, are in the Taken:
"Details" section below.
Time 2 h , 26 min ,
Spent: 10 secs
Points 231 /
Received: 250 (92.4%)
Question Type: # Of Questions: # Correct:
Multiple Choice 22 20
Short 1 N/A
Essay 4 N/A
Grade Details - All
Questions
Page:
1 2 3
Question 1. Question : (TCO 1) The FASB's standard-setting process includes, in the correct
order,
Student Answer: objectives of financial reporting.
qualitative characteristics of accounting information.
recognition and measurement concepts in accounting.
elements of financial statements.
Instructor Explanation: See Chapter 1
Points Received: 6 of 6
Comments:
Question 4. Question : (TCO 2) Net income
equals
Student Answer: assets minus liabilities.
revenues minus cost of goods sold.
revenues minus expenses.
cash receipts minus cash
payments.
Instructor Explanation: See Chapter 1
Points Received: 6 of 6
Comments:
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