Quiz #1 Instructions: Ensure that the following information is included in your answer: Question # and your answer‚ listed vertically Example: #1-b #2-a #3-c Select the one most appropriate answer. An answer that includes two correct components is more correct that an answer that includes only one correct component. If you select more than one answer‚ your question will not be graded. Each multiple choice question is worth one mark. This quiz is a review of material in the text and course materials
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Question 1 The ethical guidelines which accountants are obliged to follow in the conduct of their work are made to combat criticism and gain credibility by preventing fraudulent accounting. Accountants ought to be able to maintain impartiality and independence to create a clear‚ credible and unbiased audit. Hence‚ the ethical principles are considered important. This is because the work of accountants requires a high level of ethics since the financial statements prepared and verified by auditors
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Chapter 8 Non-Current Liabilities Assessment Questions AS-1 ( 1 ) Name the typical forms of non-current debt. A typical and common form of non-current debt is a term loan from a bank. Another form of ______________________________________________________________________________ non-current debt is bonds. ______________________________________________________________________________ ______________________________________________________________________________ AS-2 ( 1 ) What is a bond
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XXXX COM 201 Media Essay 2 11/16/12 Video games seem to be an essential part around my friends’ circle. Unfortunately‚ I have never been one of them‚ but since my brother is a huge fan of video games‚ I can say I grew up around a video games’ world. As I remember‚ my brother played video games in every minute and second. I believe you must wonder why I could insist not to play. The truth is I was too afraid to be addicted to those games. I knew I was like my brother. I have seen all the consequences
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Name ________________ Section time _______________ ACC 321 – Quiz 1 PART I: Multiple choice‚ 3 points each. (Transfer your answers to the proper question on the answer sheet and fill in only one circle per question.) 1. Which of the following is NOT a major challenge facing the accounting profession? a. Non-GAAP earnings. b. Fair value measurement. c. Accounting for fixed assets. d. Forward-looking information. 2. The objective of financial reporting places most
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BIOLOGY 201 HUMAN ANATOMY & PHYSIOLOGY I LANE (4 SEMESTER HRS) INSTRUCTOR: Portia Lane OFFICE: 303E HAC PHONE: 745-6437 ext. 5457 EMAIL: plane@suscc.edu COURSE DESCRIPTION: Human Anatomy and Physiology I covers the structure and function of the human body. Included is an orientation of the human body‚ the integumentary‚ skeletal‚ muscular‚ and nervous systems also‚ the special senses. Dissection‚ histological studies‚ and physiology are featured
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II‚ and III.| B or C 4. Which of the following is not true of accounting principles? a.|Financial accountants follow generally accepted accounting principles (GAAP).| b.|Following GAAP allows accounting information users to compare one company to another.| c.|A new accounting principle can be adopted with stockholders approval.| d.|The Financial Accounting Standards Board (FASB) has primary responsibility for developing accounting principles.| B 5. Earning revenue a.|increases assets‚ increases
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Week 3 P7-14 (Page 389) contains: Balance per bank of El Gato Painting Company Business - Accounting Week 3 Required Readings a. Chapter 6: Time Value of Money Concepts b. Chapter 7: Cash and Receivables Discussions Present Value of Annuities. Complete Communication Case 6-3 on page 334. Internal Control. Complete Judgment Case 7-5 on page 391. Quiz Assignments Receivables Bank Reconciliation. Complete P7-10 (Page 388) P7-14 (Page 389)
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8.21 (1) MA‚ I/P (2) FFR‚ O (3) FFR‚ I/P (4) MA‚ O (5) MA‚ R (6) FFR‚ I/P (7) FFR/ O (8) FFR‚ R (9) FFR‚ R (10) MA‚ I/P (11) MA‚ R (12) FFR‚ O 8.27 Fraud risk (a) Fraud risk factors ASA 240 - high degree of competition in the market - Domination by Rob Bigbucks (CEO&chairman) - Threatened employees with no pay rises - Significant portion of sales managers salaries are paid in bonuses - The industry is in a recession and it is starting to affect the company – Potentially leading
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Score for this quiz: 14 out of 20 Submitted May 18 at 8:28pm This attempt took 20 minutes. Question 1Correct! 2 / 2 pts In 1980‚ Goldsmith predicted what healthcare would look like in the future. Which of the following did he NOT forecast‚ as listed in your text? In 1980‚ Goldsmith predicted what healthcare would look like in the future. Which of the following did he NOT forecast‚ as listed in your text? Problems of the uninsured Expanded role of government financing *Undersupply
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