Wenzhou-Kean University Fall 2013 ACCT 2200 30 MINUTE QUIZ-CH.1/CH.2 True/False Circle the correct answer T 1. Accounting is the information system that identifies‚ records‚ and communicates the economic events of an organization to interested users. True T 2. Bookkeeping deals with the record-keeping process and is only one aspect of accounting. True T 3. 4. 5. 6. 7. 8. False Collection of an accounts receivable will increase both cash and accounts receivable. True F False The
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Exam 3 Directions: Identify the letter of the choice that best completes the statement or answers the question. Then mark your response on the answer sheet. Unless otherwise stated‚ demand curves are negatively sloped and supply curves are positively sloped. The midpoint and point formulae for elasticity are‚ respectively: ____ 1. If the government wants to reduce smoking‚ it should impose a tax on a. buyers of cigarettes. b. sellers of cigarettes. c. either buyers or sellers of
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pay period. ANS: T DIF: Easy OBJ: LO 8-2 MSC: AACSB Communication 10. Government laws and regulations regarding payroll are much more complex for employees than for independent contractors. ANS: T DIF: Easy OBJ: LO 8-1 MSC: AACSB Communication 12. The difference between an independent contractor and an employee is an important legal distinction. ANS: T DIF: Easy OBJ: LO 8-1 MSC: AACSB Communication 13. An independent contractor performs a service for a fee and does not work under the control
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What personality (or character) type does Hank display according to Freudiantheory? Provide evidence for your answer. At what stage is Hank fixated‚according to the Freudian perspective? Find evidence of fixation in the casestudy. What might have caused this fixation? Hank¶s personality is a reflection of the unconscious mind. He is not aware of howothers perceive him. Unfortunately‚ Hank was isolated from the social scenebecause of his character. He never had the pleasure to meet a girlfriend
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Reasons People Speed Drivers are supposed to abide by the speed limit while driving‚ but they often exceed it for several reasons. The reasons seem to serious sometimes‚ but most cases‚ they seem to funny and ridiculous. Some people go over speed because they are late for work or private appointment. Furthermore‚ other people do over speed because of their physiological emergency. Every speeding has completely diverse reasons under specific driving circumstances. First‚ people do
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new resources appropriately? Are we getting our moneys worth? Bill Gates says we are not and suggests a new model he calls a digital nervous system as a way to maximize value from technology and information. In his book‚ Business @ the Speed of Thought‚ Gates attempts to make the case that most organizations do not get the maximum out of their technology. He asserts that most organizations have the wrong mind-set about how information should be handled and distributed within an organization
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Lisette Colon – Week 5 Axia College Material Appendix B Piaget Worksheet Directions: Review Module 26 of Psychology and Your Life. Complete the matrix below and answer the questions that follow. |Cognitive Stage |Age Range |Major Characteristics | |Trust-versus-mistrust stage |Birth to 1 ½ years |Infants develop feelings of trust for physical | |
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Chapter 1 UNDERSTANDING THE CHAPTER 1. What is an organization and why are managers important to an organization’s success? Answer – An organization is a systematic arrangement of people brought together to accomplish some specific purpose. All organizations share three common characteristics. 1) Every organization has a purpose and is made up of people who are grouped in some fashion. 2) No purpose or goal can be achieved by itself‚ therefore organizations have members. 3) All organizations
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Lesson 9 Performing Software Installation with Group Policy Key Terms Assign Option used to deploy required applications to pertinent users and computers. Basic User Strategy for enforcing restrictions that prevents any application from running that requires administrative rights‚ but allows programs to run that only require resources that are accessible by normal users. certificate rule Software restriction rule that uses the signing certificate of an application to allow
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Answer Keys to iLearn of Week 5 1. Incorrect financial statements are due to errors and frauds. An accountant intentionally omitted recording $5‚500 that were received from a customer and planned to steal the money to buy a new cell phone for himself. This action is an example of error. a. True b. False 2. What key piece of legislation was passed in response to corporate accounting scandals by Enron‚ WorldCom‚ and others? a. Sarbanes-Oxley Act. b. 1933 Securities Act. c. 1934 Securities Exchange
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