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Unformatted text preview: Obje Reviewing Test FINAL EXAM PART ONE Started: Aug 7, 2010 12:35 PM Finished: Aug 7, 2010 1:38 PM 1 of 1 FINAL EXAM PART ONE Total Grade: 40 (of possible 50 points) You are in Part One of the final exam. This part includes 20 questions. Select the one option which BEST answers each question. Then click on "Next" button to see the next question. Please respond to all TWENTY questions directly on the screen. After you submit the test, you must see “Your submission was received successfully” on the screen. You are now ready to go to back to AT&S to take the second part of the exam. You have two hours to respond to both parts of the final exam. I strongly suggest that you keep track of your time. If you do not finish the exam within 120 minutes, there are no 'retakes'. Your submission was received successfully Question 1 of 20 Score: 2.5 (of possible 2.5 points) A.$1,200 B. $1,100 C. $1,360 D.$1,390 Answer Key: C Review Check to review before finishing (will be flagged in Table of Contents) Question 2 of 20 Score: 0 (of possible 2.5 points) Prev Next Return A.$610 B. $600 C. $590 D.$580 Answer Key: C Review Check to review before finishing (will be flagged in Table of Contents) Question 3 of 20 Score: 2.5 (of possible 2.5 points) A.$2,970 B. $3,120 C. $5,280 D.$1,320 Answer Key: A Question 4 of 20 Score: 2.5 (of possible 2.5 points) A 90-day, 12% note for $10,000, dated May 1, is received from a customer on account. The maturity value of the note is A.$10,000 B. $10,300 C. $450 D.$9,550 Answer Key: B Question 5 of 20 Score: 2.5 (of possible 2.5 points) A business pays weekly salaries of $20,000 on Friday for a five-day week ending on that day. The adjusting entry necessary at the end of the fiscal period ending on Tuesday is...
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This note was uploaded on 08/11/2010 for the course ACCT 1A taught by Professor Seyedin during the Spring '10 term at Foothill College.
- Spring '10