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Sample 1 Quiz 1 -1.docx - Sample Quiz 1 Name Grading...

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Sample Quiz 1 Name: __________________________ Grading Summary Possible Score: Score Earned: Total 20 Multiple-Choice: Please circle the best answer. Each question is worth 2 points. (10 points) 1. Borrowing money is an example of a(n) A. delivering activity. B. financing activity. C. investing activity. D. operating activity. 2. Accounting information is relevant to business decisions because it 3. Which of the following direct effects on the accounting equation isn't possible as a result of a single business transaction which impacts only two accounts? 4. The correct data flow from one financial statement to the next is:
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