...liquidity. 2. Which of the following is a measure of liquidity? • Debt to equity ratio • Profit margin • Working capital • Earnings per shar Want help? Click to download ACC 561 Week 2 Quiz 3. Current assets divided by current liabilities is known as the • capital structure. • working capital • current ratio. • profit margin. 4. Danner Corporation reported net sales of $600,000, $680,000, and $800,000 in the years 2011, 2012, and 2013, respectively. If 2011 is the base year, what percentage do 2013 sales represent of the base? • 33% • 133% • 75% • 113% Want help? Click to download ACC 561 Week 4 Quiz 5 .An analyzing financial statements, horizontal analysis is a • theory. • requirement. • tool. • principle. 6. Comparative balance sheets • are usually prepared for at least one year. • are usually prepared for at least two years. • do not show both dollar amount and percentage changes. • do not show a comparison of total stockholders' equity. Complete Answers just a click away ACC 561 Week 1 Quiz 7. Assume the following cost of goods sold data for a company: 2013 $1,500,000 2012 1,200,000 2011 1,000,000 If 2011 is the base year, what is the percentage increase in cost of goods sold from 2011 to 2013? • 50% • 67% • 150% • 20% 8. Comparisons of data within a company are an example of the following comparative basis: • Intercompany. • Interregional. • Industry averages. • Intracompany. Want help? Click to download......
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... • provide information to stockholders for investment decisions. 2. The two basic types of cost accounting systems are • job order and process cost systems. • job order and batch systems. • process cost and batch systems. • job order and job accumulation systems. Quiz Answers just a click away ACC 561 Week 3 Quiz 3. A process cost system would most likely be used by a company that makes • breakfast cereal. • motion pictures. • college graduation announcements. • repairs to automobiles. 4. Which of the following would be accounted for using a job order cost system? • The refining of petroleum. • The production of automobiles. • The production of personal computers. • The construction of a new campus building. Quiz Answers just a click away ACC 561 Week 1 Quiz 5.The flow of costs in a job order cost system • measures product costs for a set time period. • generally follows a LIFO cost flow assumption. • involves accumulating manufacturing costs incurred and assigning the accumulated costs to work done. • cannot be measured until all jobs are complete. 6. The entry to record the acquisition of raw materials on account is • Raw Materials Inventory Accounts Payable • Work in Process Inventory Accounts Payable • Manufacturing Overhead Raw Materials Inventory Accounts Payable • Accounts Payable Raw Materials Inventory Want more details? Download now ACC 561 Week 5 Quiz 7. Time tickets should be approved by • the payroll......
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...A++PAPER;http://www.homeworkproviders.com/shop/acc-401-week-3-quiz/ ACC 401 WEEK 3 QUIZ ACC 401 Week 3 Quiz, ACC 401 Week 3 Quiz - Strayer Chapter 3 Consolidated Financial Statements—Date of Acquisition Multiple Choice 1. A majority-owned subsidiary that is in legal reorganization should normally be accounted for using a. consolidated financial statements. b. the equity method. c. the market value method. d. the cost method. 2. Under the acquisition method, indirect costs relating to acquisitions should be a. included in the investment cost. b. expensed as incurred. c. deducted from other contributed capital. d. none of these. 3. Eliminating entries are made to cancel the effects of intercompany transactions and are made on the a. books of the parent company. b. books of the subsidiary company. c. workpaper only. d. books of both the parent company and the subsidiary. 4. One reason a parent company may pay an amount less than the book value of the subsidiary's stock acquired is a. an undervaluation of the subsidiary's assets. b. the existence of unrecorded goodwill. c. an overvaluation of the subsidiary's liabilities. d. none of these. 5. In a business combination accounted for as an acquisition, registration costs related to common stock issued by the parent company are a. expensed as incurred. b. deducted from other contributed capital. c. included in the investment cost. d.......
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...ACC 350 WK 3 QUIZ 2 CHAPTER 2 STRAYER To purchase this visit here: http://www.activitymode.com/product/acc-350-wk-3-quiz-2-chapter-2-strayer/ Contact us at: SUPPORT@ACTIVITYMODE.COM ACC 350 WK 3 QUIZ 2 CHAPTER 2 STRAYER ACC 350 WK 3 Quiz 2 Chapter 2 - Strayer ACC 350 WK 3 Quiz 2 Chapter 2 1) Products, services, departments, and customers may be cost objects. Answer: 2) Costs are accounted for in two basic stages: assignment followed by accumulation. Answer: 3) Actual costs and budgeted costs are two different terms referring to the same thing. Answer: 4) Accountants define a cost as a resource to be sacrificed to achieve a specific objective. Answer: 5) A cost object is always either a product or a service. Answer: 6) A department could be considered a cost object. Answer: 7) The same cost may be direct for one cost object and indirect for another cost object. Answer: 8) Assigning direct costs poses more problems than assigning indirect costs. Answer: 9) Improvements in information-gathering technologies are making it possible to trace more costs as direct. Answer: 10) Misallocated indirect costs may lead to promoting products that are not profitable. Answer: 11) The materiality of the cost is a factor in classifying the cost as a direct or indirect cost. Answer: 12) The cost of a customized machine only used in the production of a single product would be classified as a direct cost. Answer: 13) Some fixed costs may be......
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...PSYC221 Week 3 Quiz 2 Click Link Below To Buy: http://hwaid.com/shop/psyc221-week-3-quiz-2/ Personality Theories Quiz 2 (Week 3) Question 1 of 23 1.0 Points The process by which certain adaptive individual characteristics emerge over generations is know as: A.survival of the fittest B.natural selection C.functionalism D.b and c E.none of the above Question 2 of 23 1.0 Points Evolutionary personality theory is: A.not based on empirical research B.a modern application of Darwin's ideas C.not used often due to its high degree of sexism D.both a and b E.none of the above Question 3 of 23 1.0 Points Temperament refers to: A.stable individual differences in emotional reactivity B.how easily a person solves problems C.how artistic or charismatic an individual is D.a and c E.all of the above Question 4 of 23 1.0 Points The four basic aspects of temperament are: A.activity, emotionality, sociability, aggressive/impulsive B.activity, emotionality, extroversion, conscientiousness C.emotionality, extroversion, happiness, conscientiousness D.emotionality, sociability, aggressive/impulsive, happiness E.none of the above Question 5 of 23 1.0 Points Eysenck's model of extroversion posits that: A.introverts have too much adrenaline B.extroverts have too much adrenaline C.introverts have a relatively low level of brain arousal D.extroverts have a......
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