AC202Quiz3AWOA

AC202Quiz3AWOA - AC 202 Principles of Accounting II Park...

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

View Full Document Right Arrow Icon
AC 202 Principles of Accounting II Name Alcedo R. Sanchez Park University Quiz 3A-Chapter 17 Multiple Choice Questions-( 10 points Each )Select the ONE, BEST Answer 1. The ability to meet short-term obligations and to efficiently generate revenues is called: A. Liquidity and efficiency. B. Solvency. C. Profitability. D. Market prospects. E. Creditworthiness. 2. Three of the most common tools of financial analysis are: A. Financial reporting, ratio analysis, vertical analysis. B. Ratio analysis, horizontal analysis, financial reporting. C. Horizontal analysis, vertical analysis, ratio analysis. D. Trend analysis, financial reporting, ratio analysis. E. Vertical analysis, political analysis, horizontal analysis. 1
Background image of page 1

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

View Full DocumentRight Arrow Icon
3. To compute trend percents the analyst should: A. Select a base period, assign each item in the base period statement a weight of 100%, and then express financial numbers from other periods as a percent of their base period number. B.
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 3

AC202Quiz3AWOA - AC 202 Principles of Accounting II Park...

This preview shows document pages 1 - 3. Sign up to view the full document.

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