ACC 122 Spring 2009 Exam II Answer Sheet_Student

ACC 122 Spring 2009 Exam II Answer Sheet_Student - Name...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Name Tanya Krupetsliy 110 Points Possible Matching - 1point each, 10 points total 1 1 O 1 2 O 1 3 F 1 4 O 1 5 F 1 6 I 1 7 N 1 8 F 1 9 O 1 10 I 1 10 Short Answer - points vary, 26 points total 2 Operating activities involve the production or purchase of merchandise and the sale of goods or services to 6 6 points customers, including expenditures related to administering the business. Investing activities involve purchasing and selling of long-term assets, including making and collecting notes receivable and investments in other than cash equivalents. Financing activities are transactions with owners and creditors that include obtaining cash from issuing debt, repaying amounts borrowed, and obtaining cash from or distributing cash to owners. 3 4 points Finacial and nonfinacial 2 General purpose financial 2 4 2 points Just-in-time manufacturing 2 5 2 points Balance scorecard 2 6 2 points Cost of goods manufactured this period 2 7 4 points Cost accounting system is an accounting system for manufacturing activities based on the perpetual inventory...
View Full Document

Page1 / 2

ACC 122 Spring 2009 Exam II Answer Sheet_Student - Name...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online