100% tevredenheidsgarantie Direct beschikbaar na je betaling Lees online óf als PDF Geen vaste maandelijkse kosten
logo-home
Eerder door jou gezocht
Eerder door jou gezocht
logo
TEST BANK for Financial Accounting for MBAs 8th Edition by Peter Easton & John Wild contains verified questions and answers graded A+ €16,00
In winkelwagen
Snel navigeren naar
Voorbeeld
  2.  
  3. Financial Accounting For MBAs
  4.  
  5. Financial Accounting for MBAs

Tentamen (uitwerkingen)

TEST BANK for Financial Accounting for MBAs 8th Edition by Peter Easton & John Wild contains verified questions and answers graded A+
 6 keer verkocht
  • Vak
  • Financial Accounting for MBAs
  • Instelling
  • Financial Accounting For MBAs
  • Boek
  • Financial & Managerial Accounting for MBAs

TEST BANK for Financial Accounting for MBAs 8th Edition by Peter Easton & John Wild contains verified questions and answers graded A+

Voorbeeld 4 van de 191  pagina's

Document informatie

  • 28 oktober 2023
  • 191
  • 2023/2024
  • Tentamen (uitwerkingen)
  • Vragen en antwoorden

Onderwerpen

  • test bank for financial
  • accounting for mbas
  • 8th edition by peter
  • easton john wild
  • and answers graded a
  • contains verified questions

Gekoppeld boek

book image

Titel boek:

Auteur(s):

  • Uitgave:
  • ISBN:
  • Druk:

Geschreven voor

  • Financial Accounting for MBAs
  • Financial Accounting for MBAs

Verkoper

avatar-seller
kylaexcell

Ontvangen beoordelingen

Voorbeeld van de inhoud

Test Bank for Financial Accounting for MBAs 8th Edition by Easton Financial Accounting for MBAs Learning Objectives – Coverage by question True/False Multiple Choice LO1 – Explain and assess the four main business activities. LO2 – Identify and discuss the users and suppliers of financial statement information. 1- 4 1, 2 LO3 – Describe and examine the four financial statements, and define the accounting equation. 5-10 3-19 LO4 – Explain and apply the basics of profitability analysis. 11-13 20-25 LO5 – Assess business operations within the context of a competitive environment. 14 26, 27 LO6 – Access reports filed with the SEC (Appendix 1A). LO7 – Describe the accounting principles and regulations that frame financial statements (Appendix 1B). 15 28-30 These questions are available to assign in myBusinessCourse . Module 1 True/False Topic: Users of Financial Statement Information LO: 2 1. Shareholders demand financial information primarily to assess profitability and risk whereas bankers demand information primarily to assess cash flows to repay loan interest and principal. Answer: True Rationale: While both shareholders and bankers are interested in all the information companies provide, shareholders care about more about a company’s profitability and bankers care more about solvency and creditworthiness. Topic: Publicly Available Financial Repor ts LO: 2 2. Publicly traded companies are required to provide quarterly financial reports directly to the public. Answer: False Rationale: Companies provide electronic versions of quarterly financial statements to the SEC, which posts them to the Internet for the public to access them. Topic: Users of Financial Statement Information LO: 2 3. Publicly traded companies provide financial information primarily to satisfy the SEC and the tax authorities (that is, the Internal Revenue Service). Answer: False Rationale: Demand for information extends to many users; the regulators such as the SEC and the IRS are only one class of users. Topic: SEC Filings LO: 2 4. Publicly traded companies must provide to the Securities Exchange Commission annual audited financial statements (10-K reports) and quarterly audited financial statements (10-Q reports). Answer: False Rationale: Quarterly reports do not need to be audited. Topic: Balance Sheet LO: 3 5. If a company reports retained earnings of $175.3 million on its balance sheet, it must also report $175.3 million in cash. Answer: False Rationale: The accounting equation requires total assets to equal total liabilities plus stockholders’ equity. That does not imply, however, that liability and equity accounts relate directly to specific assets. Module 1: Financial Accounting for MBAs Topic: Balance Sheet LO: 3 6. A balance sheet shows a company’s position over a period of time, whereas an income statement, statement of stockholders’ equity, and statement of cash flows show its position at a point in time. Answer: False Rationale: The statement is reversed: A balance sheet shows a company’s position at a point in time, whereas an income statement, statement of equity, and statement of cash flows show its position over a period of time. Topic: Accounting Equation LO: 3 7. Assets must always equal liabilities plus equity. Answer: True Rationale: The accounting equation is Assets = Liabilities + Equity. This relation must always hold. Topic: Income Statement LO: 3 8. The income statement reports net income which is defined as the company’s profit after all expenses and dividends have been paid. Answer: False Rationale: The statement contains two errors. First, net income does not include any dividends during the period; these ar e a distribution of profits and not part of its calculation. Second, the income statement is prepared on an accrual basis and thus includes expenses incurred (as opposed to paid). Topic: Statement of Cash Flows LO: 3 9. A statement of cash flows reports on cash flows for operating, investing and financing activities at a point in time. Answer: False Rationale: A statement of cash flows reports on cash flows for operating, investing, and financing activities over a period of time. Topic: Statement of Stockholders’ Equity LO: 3 10. An increase in common stock would be reflected in the statement of stockholders’ equity. Answer: True Rationale: The statement of stockholders’ equity reports on changes in the accounts that make up stockholders’ equity. This includes contributed capital, retained earnings, and other equity.

Dit zijn jouw voordelen als je samenvattingen koopt bij Stuvia:

Bewezen kwaliteit door reviews

Bewezen kwaliteit door reviews

Studenten hebben al meer dan 850.000 samenvattingen beoordeeld. Zo weet jij zeker dat je de beste keuze maakt!

In een paar klikken geregeld

In een paar klikken geregeld

Geen gedoe — betaal gewoon eenmalig met iDeal, creditcard of je Stuvia-tegoed en je bent klaar. Geen abonnement nodig.

Direct to-the-point

Direct to-the-point

Studenten maken samenvattingen voor studenten. Dat betekent: actuele inhoud waar jij écht wat aan hebt. Geen overbodige details!

Veelgestelde vragen

Wat krijg ik als ik dit document koop?

Je krijgt een PDF, die direct beschikbaar is na je aankoop. Het gekochte document is altijd, overal en oneindig toegankelijk via je profiel.

Tevredenheidsgarantie: hoe werkt dat?

Onze tevredenheidsgarantie zorgt ervoor dat je altijd een studiedocument vindt dat goed bij je past. Je vult een formulier in en onze klantenservice regelt de rest.

Van wie koop ik deze samenvatting?

Stuvia is een marktplaats, je koop dit document dus niet van ons, maar van verkoper kylaexcell. Stuvia faciliteert de betaling aan de verkoper.

Zit ik meteen vast aan een abonnement?

Nee, je koopt alleen deze samenvatting voor €16,00. Je zit daarna nergens aan vast.

Is Stuvia te vertrouwen?

4,6 sterren op Google & Trustpilot (+1000 reviews)

Afgelopen 30 dagen zijn er 64302 samenvattingen verkocht

Opgericht in 2010, al 15 jaar dé plek om samenvattingen te kopen

Begin nu gratis

Laatst bekeken door jou

Tentamen (uitwerkingen) ·

(0)

PN COMPREHENSIVE PREDICTOR 2023 WITH NGN LATEST 2023-2024 ACTUAL EXAM WITH 180 QUESTION AND CORRECT DETAILED ANSWERS ALREADY GRADED A+

Tentamen (uitwerkingen) ·

(2)

Test Bank for Financial Accounting for MBAs 7th Edition By Easton, Wild, Halsey and McAnally (All Chapters, 100% Original Verified, A+ Grade)

Tentamen (uitwerkingen) ·

(0)

VATI RN MED SURG ADULT /ATI MED-SURG ADULT PROCTORED EXAM 2019 100 QUESTIONS WITH 100% CORRECT detailed anaswers(verifiedANS WERS) (UPDATED) 2024

Tentamen (uitwerkingen) ·

(0)

AQA AS HISTORY 7041/2B The Wars of the Roses, 1450–1499 Component 2B The Fall of the House of Lancaster, 1450–1471 Mark scheme June 2024

Tentamen (uitwerkingen) ·

(0)

Exam 1: PNR208 / PNR 208 (Latest 2024 / 2025 Update) Concepts of Community-Based Nursing | Questions and Verified Answers | 100% Correct | Grade A - Fortis

Tentamen (uitwerkingen) ·

(0)

KAPPA ALPHA PSI MTA EXAM AND STUDY GUIDE LATEST UPDATE THIS YEAR WITH STUDY GUIDE COMPLETE 200 QUESTIONS AND CORRECT ANSWERS JUST RELEASED.

Tentamen (uitwerkingen) ·

(0)

2023/2024 NR 602 WEEK 4 MIDTERM EXAMS ACTUAL EXAMS (4 VERSIONS) REAL QUESTIONS WITH VERIFIED DETAILED ANSWERS WITH RATIONALES |ALREADY GRADED A+

Samenvatting ·

(0)

Aardrijkskunde - Zenit 5/6 ASO H19: De Vlaamse Ardennen, H20: Het Brabantse Leemplateau, H21: De Condroz & Fiche 3: Rivieren in een landschap

Tentamen (uitwerkingen) ·

(0)

All Cases for Strategic Management Creating Competitive Advantages 11e By Gregory Dess, Gerry McNamara, Alan Eisner and Steve Sauerwald

€16,00  6x  verkocht
  • (0)
In winkelwagen
Toegevoegd