800 total revenue 52 - Study guides, Class notes & Summaries
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ACCT 2401 TEST PREP EXAMS SOLUTIONS AVAILABLE 2022-2023
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ACCT 2401 
TEST PREP EXAMS 
SOLUTIONS AVAILABLE 
2022-2023 
 
For Questions 1-3 use the following data: 
Pringle Company sells a single product. The company’s sales and expenses are as follows: 
Sales	$600,000	$40 
Less variable expenses	 420,000	 28 
Contribution margin	180,000	12 
Less fixed expenses	 150,000	 
Net Income	$ 30,000	 
 
1.	What is the break-even in units sold and in dollars? 
 
2.	Without computations, what is the total contribution margin at breakeven? 
 
3.	How many unit...
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Test Bank for Stanhope and Lancaster’s Community Health Nursing in Canada,4th edition by Sandra MacDonald & Sonya
- Exam (elaborations) • 114 pages • 2024
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Test Bank for Survey of Accounting, 
7th Edition 
ISBN10: 1264442971 | ISBN13: 
9781264442973 
By Christopher Edmonds and Philip 
Olds 2024 
 
Chap 01 7e Edmonds 
1) Which of the following groups has the primary responsibility for establishing generally 
accepted accounting principles for business entities in the United States? 
A) Securities and Exchange Commission 
B) U.S. Congress 
C) International Accounting Standards Board 
D) Financial Accounting Standards Board 
2) The Heritage Compan...
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Solution Manual for Essentials of Modern Business Statistics with Microsoft® Excel®, Anderson -stamped
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Solution Manual for Essentials of Modern Business 
Statistics withMicrosoft® Excel®,Anderson 
 
Chapter 1 
Data and Statistics 
Learning Objectives 
1. Obtain an appreciation for the breadth of statistical applications in business and economics. 
2. Understand the meaning of the terms elements, variables, and observations as they are used 
in statistics. 
3. Obtain an understanding of the difference between categorical, quantitative, crossectional 
and time series data. 
4. Learn about the s...
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Test Bank for McGraw-Hill's Taxation of Business Entities 2023 Edition 14th Edition by Brian Spilker, Benjamin Ayers, John Barrick Troy Lewis John Robinson
- Exam (elaborations) • 644 pages • 2024
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Test Bank for McGraw-Hill's Taxation of Business Entities 2023 
Edition 14th Edition by Brian Spilker, Benjamin Ayers, John 
Barrick Troy Lewis John Robinson 
 
3) Bryon operates a consulting business and he usually works alone. However, during the 
summer Bryon will sometimes hire undergraduate students to collect data for his projects. This 
past summer Bryon hired Fred, the son of a prominent businessman, for a part-time summer job. 
The summer job usually pays about $17,000, but Bryon p...
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Accounting 26th Edition Carl Warren James M Reeve Jonathan Duchac - Test Bank (Complete Test Bank Chapter No.1 - 26 with Questions Answers)
- Exam (elaborations) • 2271 pages • 2023
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Chapter 02 
 
 
1.	Accounts are records of increases and decreases in individual financial statement items. 
a.	True 
b.	False 
 
ANSWER:	True 
DIFFICULTY:	Easy 
Bloom’s: Remembering 
LEARNING OBJECTIVES:	ACCT.WARD.16. 
ACCREDITING STANDARDS:	ACCT.ACBSP.APC.01 - Purpose 
ACCT.ACBSP.APC.02 - GAAP 
ACCT.AICPA.FN.03 - MeasurementBUSPROG: Analytic 
2.	A chart of accounts is a listing of accounts that make up the journal. 
a.	True 
b.	False 
 
ANSWER:	False 
DIFFICULTY:	Easy 
Bloom’s: Remembering...
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ACCT 2401 QUESTIONS AND ANSWERS AVAILABLE Test #1 Chapters 1 & 2 Test Prep (Solutions are at the end)
- Exam (elaborations) • 21 pages • 2023
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ACCT 2401 
QUESTIONS AND ANSWERS AVAILABLE 
Test #1 Chapters 1 & 2 Test Prep (Solutions are at the end) 
1.	Which of the following is a period cost: 
a.	raw materials costs. 
b.	manufacturing plant maintenance. 
c.	wages for production line workers. 
d.	salary for the vice president of finance. 
 
2.	The inventory accounts of a manufacturing firm include: 
a.	raw materials. 
b.	finished goods. 
c.	work in process 
d.	all of the above. 
 
3.	The beginning balance of Finished Goods is $50,000, the...
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Introduction to Management Science A Modeling 6e TB
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1 
Copyright © 2019 McGraw-Hill 
Intro to Management Science: Modeling and Case Studies, 6e (Hillier) 
Chapter 1 Introduction 
1) Managers need to know the mathematical theory behind the techniques of management science 
so that they can lead management science teams. 
2) Management scientists use mathematical techniques to make decisions, which are then 
implemented by managers. 
3) Spreadsheets allow many managers to conduct their own analyses in management science 
studies. 
4) Managers m...
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Test Bank for McGraw-Hill's Taxation of Business Entities 2023 Edition 14th Edition by Brian Spilker, Benjamin Ayers, John Barrick Troy Lewis John Robinson
- Exam (elaborations) • 644 pages • 2024
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- $29.56
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Test Bank for McGraw-Hill's Taxation of Business Entities 2023 
Edition 14th Edition by Brian Spilker, Benjamin Ayers, John 
Barrick Troy Lewis John Robinson 
 
3) Bryon operates a consulting business and he usually works alone. However, during the 
summer Bryon will sometimes hire undergraduate students to collect data for his projects. This 
past summer Bryon hired Fred, the son of a prominent businessman, for a part-time summer job. 
The summer job usually pays about $17,000, but Bryon ...
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FIN 073 Strategic Cost Management Second Perlodic Exam Answered Fall 2024.
- Exam (elaborations) • 9 pages • 2024
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Name: Date: 
Section: Score: 
FIN 073 Strategic Cost Management 
Second Perlodic Exam 
Multiple Choice: 
Write your final answer in the box provided before the number. Use CAPITAL letters only. Answers written outside 
the box will not be considered. Erasures, changing of final answer, and the like will be considered wrong. 
D‘L The professional certification developed by the IMA indicating professional competence in the 
management accounting field is the: 
A.CPA B. CAT C.CMA D.CIA 
D 2. Whic...
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ECO111 Full questions and answers correct 100%
- Exam (elaborations) • 33 pages • 2023
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ECO111 Full questions and answers correct 100% 
 
QN=1 (17143) The marginal benefit John gets from eating a fourth cheeseburger at a picnic is 
a. the total benefit John gets from eating four cheeseburgers minus the total benefit John gets from eating three cheeseburgers. 
b. the same as the total benefit of eating four cheeseburgers. 
c. less than the marginal cost of eating the fourth cheeseburger since he chose to eat the fourth cheeseburger. 
d. the total benefit John gets from eating five ...
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