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BUS 401 – W1 Quiz1.Question :Which is not one of the three principles that accrual accounting is based on?
Comments:Question 5.Question :Wealth is created when a company:Student Answer:makes investments that are expected to create value greater than their cost. has a high stock price. pays regular dividends. obtains additional assets. Instructor Explanation:The answer can be found in the introduction to Chapter 1.Points Received:1 of 1 Comments:Question 6.Question :A key component of a product’s value is:Student Answer:the accounting profits the product produces. the depreciation tax shield the product produces.