Midterm_Version_B_Answers - Student Name BUS 208 A B C or...

Info icon This preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
Student Name: _________________________ BUS 208 A, B, C or D (circle one ) Version B Fall 2008 AUBG MIDTERM EXAM Do NOT open nor start this exam until after you are told to do so.
Image of page 1

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

View Full Document Right Arrow Icon
Specific instructions governing behavior during exams and quizzes include: Use the scratch paper provided in class. Bring a simple calculator. Calculators may not be shared. They may not be equipped with a keyboard. Keep other electronic devices off the desk, including cell phones, CD players, radios, etc. Leave the room only when you have completed a quiz or exam; no one is readmitted. Stop working when time ends. 10% points of quiz/exam penalty for continuing after classmates have stopped. Print your name clearly. 10% of quiz/exam penalty if name is missing or illegible. Good luck! Part I – Definitions . Match the appropriate definitions with the accounting terminology provided by placing the appropriate letter before the terms . (12 points) e) Trade discount c) Discounting g) Temporary accounts l) Bonding h) Cash equivalents b) Consignment d) Permanent accounts f) Expenditure i) License a) Invoice j) Lower of cost or market k) Sales discount a. A form sent to the purchaser by the vendor describing the goods delivered, the quantity, price, and terms of payment. b. Merchandise that its owner places on the premises of another company with the understanding that payment is expected only when the merchandise is sold and that unsold items may be returned.
Image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern