Ch 7 quiz

Ch 7 quiz - ECAMP PRINCIPLES OF ACCOUNTING I ACT-2291-XTIA...

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ECAMP PRINCIPLES OF ACCOUNTING I ACT-2291-XTIA 09/T5 (DANIEL) (ECAMP-ACT2291XTIA-09T5) > TOOLS > MY GRADES > VIEW ATTEMPTS > REVIEW ASSESSMENT: REAL QUIZ FOR CHAPTER 7
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Review Assessment: REAL QUIZ FOR CHAPTER 7 Janice Thomas 7/3/09 10:22 PM REAL QUIZ FOR CHAPTER 7 Completed 100 out of 100 points 0 hours, 8 minutes, and 44 seconds out of 1 hours and 0 minutes allowe Questio n 1 10 out of 10 points The inventory method that considers the inventory to be composed of the units of merchandise acquired earliest is called Selected Answer: Correct Answer: Questio n 2 10 out of 10 points If a manufacturer ships merchandise to a retailer on consignment, the unsold merchandise should be included in the inventory of the Selected Answer: Correct Answer:
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Questio n 3 10 out of 10 points The following lots of a particular commodity were available for sale during the year: Beginning inventory First purchase Second purchase Third purchase The firm uses the periodic system and there are 20 units of the commodity on
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Ch 7 quiz - ECAMP PRINCIPLES OF ACCOUNTING I ACT-2291-XTIA...

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