Quiz_9_question_answer

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View My Grades HOMEWORK MANAGER > STUDENTS > VIEW MY GRADES > ALL QUESTIONS Question 1: Score 1/1 The Sarbane-Oxley Act requires that companies disclose whether they have a code of ethics that applies to the CEO, CFO, and Chief Accounting Officer. Your Answer: Choice Selected True False Question 2: Score 1/1 Any reasonable and necessary expenditures to place a newly acquired plant asset in service should be debited to a separate asset account. Your Answer: Choice Selected True False Question 3: Score 0/1 Under the half-year convention, six months' depreciation is recorded on an asset in the year of acquisition and in the year of retirement regardless of the month in which the asset is actually purchased or retired. Your Answer: Choice Selected True False Selected Question 4: Score 1/1 To capitalize an expenditure means charging it to an asset account. Your Answer: Choice Selected True False Homework Manager - View My Grades - Financial Accounting ACCT 11. .. http://mh7.brownstone.net/modules/viewRecord.Login 1 of 3 7/29/2009 9:56 AM
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This note was uploaded on 08/20/2009 for the course ACCT 45397 taught by Professor Tuttle during the Summer '09 term at Mesa CC.

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Quiz_9_question_answer - Homework Manager View My Grades...

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