AC 201 & 202 FE_CH14 24: Final Exam (AC 201 & 202 FE_CH14-24: Final Exam)
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AC 201 & 202 FE_CH14-24: Final Exam 2020/2021: Chapters 14-24. Answers At the end of the Paper Park University -
- Exam (elaborations) • 12 pages • 2021
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Final Exam: Chapters 14-24	Name 	 
Kimmel Accounting, 5e	Instructor 	 
Section # 	Date 	 
 
 
 
 
 
Part	 
I	 
II	 
III	 
IV	 
Total 
Points	54	18	19	14	105 
Score					 
 
 
PART I — MULTIPLE CHOICE (54 points) 
 
Instructions: Designate the best answer for each of the following questions. 
 
 		1. Which of the following is a responsibility center that incurs expenses, generates revenues, and is responsible for generating a return on assets? 
a.	Cost center 
b.	Revenue center 
c.	Profit ...
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