•Exam Four has two focuses: chapters 10-12 and comprehensive review key concepts of chapters 1-9•The chapters 10-12 assessment portion contains 40 MC questions and 4 problems. The problems cover the following topics: o1) Series of questions regarding various bond computations and analysis, o2) Series of questions regarding computations and analysis of stockholders' equity section of Balance Sheet, o3) Classification of transactions for Statement of Cash Flows and o4) Categorization of activities for Statement of Cash Flows.•Comprehensive assessment of chapters 1-9 contains 50 MC questions, most similar to those in chapter quizzes. CHAPTER 10 OBJECTIVES Reporting and Analyzing Liabilities1.Explain a current liability and identify the major types of current liabilities.2.Describe the accounting for notes payable3.Explain the accounting for other current liabilities.4.Identify the types of bonds.
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