Acc 2101 exam - Study guides, Class notes & Summaries

Acc 2101 Exam Questions with Correct Answers Accounting is a system of maintaining records of a company's operations and communicating this information to decision makers - ANSWER True Accounting information is used by investors to decide whether to invest in a company's stock - ANSWER True Accounting information is used by creditors to decide whether to invest in a company's stock - ANSWER False Feedback: Creditors lend money to a company. The primar...

Acct 2101 Top Exam Questions and answers, 100% Accurate. Graded A+ Accounting area focused on providing information to assist business owner and managers in making business decisions Managerial Accounting standards of conduct for judging right from wrong, honest from dishonest, and fair from unfair Ethics focuses on three factors that affect the accounting reporting environment – opportunity, incentives, and character Sarbanes Oxley Act of 2002 costs that can be traced to the objec...