Exam (elaborations)
ACC 290 FINAL EXAM GRADED A 2021
- Course
- Nursing
- Institution
- Chamberlain College Of Nursng
ACC 290 FINAL EXAM GRADED A 2021
[Show more]
Content preview
ACC 290 FINAL EXAM GRADED AQuestion 1
The best definition of assets is the
a. resources belonging to a company that have future benefit to the company.
b. collections of resources belonging to the company and the claims on these
resources.
c cash owned by the company.
. d owners’ investment in the
business.
.
Answer
:
Question 2
Which of the following is not a liability?
. a Accounts Receivable
b. Accounts Payable
c Interest Payable
,.
d. Unearned Service Revenue
Answer
:
Question 3
Which of the following financial statements is divided into major categories of operating,
investing, and financing activities?
a The income statement.
.
b. The balance sheet.
c The statement of cash flows.
.
d. The retained earnings statement.
Answer
:
Question 4
, Ending retained earnings for a period is equal to beginning
a Retained earnings – Net income + Dividends.
.
b. Retained earnings – Net income – Dividends.
c Retained earnings + Net income – Dividends.
. d Retained earnings + Net income +
Dividends.
.
Answer
:
The benefits of buying summaries with Stuvia:
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
You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.
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 this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Examhub. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for R133,00. 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 summaries for 14 years now