Chapter's 18, 19, 20, 21 Test

Chapter's 18, 19, 20, 21 Test - View Attempt

Info iconThis preview shows pages 1–5. Sign up to view the full content.

View Full Document Right Arrow Icon
View Attempt 1 of 1 Title: GWU Test 3 Ch 18-21 Started: December 6, 2010 10:01 AM Submitted: December 6, 2010 11:43 AM Time spent: 01:42:41 Total score: 70/100 = 70% Total score adjusted by 0.0 Maximum possible score: 100 Done 1. The net assets of a corporation are equal to: Student Response Value Correct Answer Feedback A. Contributed capital. 0% B. Retained earnings. 0% C. Shareholders' equity. 100% D. None of these. 0% Score: 2/2 Comments: 2. Two of the three primary account classifications within shareholders' equity are: Student Response Value Correct Answer Feedback A. Preferred stock and retained earnings. 0% B. The par value of common stock and retained earnings. 0% C. Paid-in capital and retained earnings. 100% Your location: Assessments View All Submissions › View Attempt View Attempt http://webctap.gardner-webb.edu/webct/urw/lc9810010. .. 1 of 25 12/6/2010 11:44 AM
Background image of page 1

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

View Full DocumentRight Arrow Icon
Student Response Value Correct Answer Feedback D. Preferred and common stock. 0% Score: 2/2 Comments: 3. Details of each class of stock must be reported: Student Response Value Correct Answer Feedback A. On the face of the balance sheet only. 0% B. In disclosure notes only. 0% C. On the face of the balance sheet or in disclosure notes. 100% D. On the face of the balance sheet and in disclosure notes. 0% Score: 0/2 Comments: 4. In terms of business volume, the dominant form of business organization is the: Student Response Value Correct Answer Feedback A. Partnership. 0% B. Corporation. 100% C. Limited liability company. 0% D. Proprietorship. 0% View Attempt http://webctap.gardner-webb.edu/webct/urw/lc9810010. .. 2 of 25 12/6/2010 11:44 AM
Background image of page 2
Score: 2/2 Comments: 5. The corporate charter sometimes is known as (a): Student Response Value Correct Answer Feedback A. Articles of incorporation. 100% B. Statement of organization. 0% C. By-laws. 0% D. Registration statement. 0% Score: 2/2 Comments: 6. Corporations are formed in accordance with: Student Response Value Correct Answer Feedback A. The Model Business Corporation Act. 0% B. Federal statutes. 0% C. The laws of individual states. 100% D. Federal trade commission regulations. 0% Score: 0/2 Comments: 7. Outstanding common stock is: Student Response Value Correct Answer Feedback A. Stock that is performing well on the New York Stock 0% View Attempt http://webctap.gardner-webb.edu/webct/urw/lc9810010. .. 3 of 25 12/6/2010 11:44 AM
Background image of page 3

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

View Full DocumentRight Arrow Icon
Student Response Value Correct Answer Feedback Exchange. B. Stock that has been authorized by the state for issue. 0% C. Stock held in the corporate treasury. 0% D. Stock in the hands of shareholders. 100% Score: 2/2 Comments: 8. Issued stock refers to the number of shares: Student Response Value Correct Answer Feedback A. Outstanding plus treasury shares. 100%
Background image of page 4
Image of page 5
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 05/26/2011 for the course ACC 314 taught by Professor Null during the Fall '10 term at GWU.

Page1 / 25

Chapter's 18, 19, 20, 21 Test - View Attempt

This preview shows document pages 1 - 5. Sign up to view the full document.

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