Chapter's 12, 13, 14 Test

Chapter's 12, 13, 14 Test - View Attempt 1 of 1 Title: GWU...

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Unformatted text preview: View Attempt 1 of 1 Title: GWU Test One (Ch 12,13,14) Started: September 16, 2010 9:16 AM Submitted: September 16, 2010 10:48 AM Time spent: 01:32:40 Total score: 56/100 = 56% Total score adjusted by 0.0 Maximum possible score: 100 Done 1. The investment category for which the investor's "positive intent and ability to hold" is important is: Student Response Value Correct Answer Feedback A. Securities reported under the equity method. 0% B. Trading securities. 0% C. Securities classified as held to maturity. 100% D. Securities available for sale. 0% General Feedback: AACSB: Reflective thinking Blooms: Knowledge Learning Objective: 1 Level of Learning: 1 Spiceland - Chapter 012 #59 Score: 2/2 Comments: 2. Which of the following investment securities held by Zoogle Inc. may be classified as held-to- maturity securities in its balance sheet? Student Response Value Correct Answer Feedback A. Long-term debenture bonds 100% B. Common stock 0% Your location: Assessments View All Submissions View Attempt View Attempt http://webctap.gardner-webb.edu/webct/urw/lc9810010... 1 of 31 9/16/2010 10:50 AM Student Response Value Correct Answer Feedback C. Callable preferred stock 0% D. All of these are correct. 0% General Feedback: AACSB: Reflective thinking Blooms: Comprehension Learning Objective: 1 Level of Learning: 1 Spiceland - Chapter 012 #60 Score: 2/2 Comments: 3. Which of the following investment securities held by Zoogle Inc. are not reported at fair value in its balance sheet? Student Response Value Correct Answer Feedback A. Common stock held as available for sale securities 0% B. Debt securities held to maturity 100% C. Preferred stock held as trading securities 0% D. All of these are reported at fair value. 0% General Feedback: AACSB: Reflective thinking Blooms: Comprehension Learning Objective: 1 Level of Learning: 1 Spiceland - Chapter 012 #61 Score: 2/2 Comments: 4. View Attempt http://webctap.gardner-webb.edu/webct/urw/lc9810010... 2 of 31 9/16/2010 10:50 AM Both fair values and subsequent growth of the investee are not as relevant for investments in which of the following categories? Student Response Value Correct Answer Feedback A. Securities reported under the equity method. 0% B. Trading securities. 0% C. Held-to- maturity securities. 100% D. Securities available for sale. 0% General Feedback: AACSB: Reflective thinking Blooms: Comprehension Learning Objective: 1 Level of Learning: 2 Spiceland - Chapter 012 #62 Score: 0/2 Comments: 5. Which category completely excludes equity securities? Student Response Value Correct Answer Feedback A. Securities available for sale. 0% B. Consolidating securities. 0% C. Held-to- maturity securities. 100% D. Trading securities....
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This note was uploaded on 05/26/2011 for the course ACC 314 taught by Professor Null during the Fall '10 term at GWU.

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Chapter's 12, 13, 14 Test - View Attempt 1 of 1 Title: GWU...

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