ACC 311 Quiz 3

ACC 311 Quiz 3 - Question 1 1 out of 1 points If a savings...

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Question 1 1 out of 1 points If a savings account pays interest at 4% compounded quarterly, then the amount of $1 left on deposit for 8 years would be found in a table using Answer Selected Answer: 32 periods at 1%. Correct Answer: 32 periods at 1%. Question 2 1 out of 1 points A generally accepted method of valuation is Answer Selected Answer: 1 and 2 Correct Answer: 1 and 2 Question 3 0 out of 1 points The statement of cash flows helps meet one of the objectives of financial reporting, which is to assess all of the following except the Answer Selected Answer: uncertainty of future cash flows. Correct Answer: source of future cash flows. Question 4 1 out of 1 points Which of the following is not a method of disclosing pertinent information? Answer
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Selected Answer: All of these are methods of disclosing pertinent information. Correct Answer: All of these are methods of disclosing pertinent information. Question 5
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This note was uploaded on 11/08/2011 for the course ACC ACC 301 taught by Professor Kenny during the Spring '11 term at St. Leo.

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ACC 311 Quiz 3 - Question 1 1 out of 1 points If a savings...

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