AC201Exam1AAnswers[1]

AC201Exam1AAnswers[1 - Exam 1A Key 1 External users of accounting information include a Shareholders b Customers c Creditors d Government

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Exam 1A Key 1. External users of accounting information include: a. Shareholders. b. Customers. c. Creditors. d. Government regulators. E All of the above. Difficulty: Easy Learning Objective: C3 Wild - Chapter 01 #101 1
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2. Accounting certifications include the: a. Certified Public Accountant. b. Certified Management Accountant. c. Certified Internal Auditor. d. Chartered Financial Analyst. E All of the above. Difficulty: Medium Learning Objective: C3 Wild - Chapter 01 #104
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The major activities of a business include: a. Operating. b. Financing. c. Investing. D All of the above. Difficulty: Hard Learning Objective: C6 Wild - Chapter 01 #142 4. The accounting process begins with: A Analysis of business transactions and events. b. Preparing financial statements and other reports. c. Summarizing the recorded effect of business transactions. d. Presentation of financial information to decision-makers. e.
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This note was uploaded on 10/31/2010 for the course ACCT 201 taught by Professor Tracyedmond during the Summer '10 term at Park.

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AC201Exam1AAnswers[1 - Exam 1A Key 1 External users of accounting information include a Shareholders b Customers c Creditors d Government

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