Final Study guide
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| show | A current liability
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| The entry to record the issuance of an interest-bearing note | show 🗑
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| show | a written promissory note.
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| Sales taxes collected by a retailer are recorded by | show 🗑
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| show | expenses of the customers
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| show | federal unemployment taxes
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| Which one of the following payroll taxes does not result in a payroll tax expense for the employer? | show 🗑
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| show | Government regulation.
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| show | profit and not-for-profit.
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| show | The corporation does not do well and must declare bankruptcy.
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| The primary purpose of the statement of cash flows is to | show 🗑
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| Financing activities involve | show 🗑
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| Investing activities include | show 🗑
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| show | operating activities.
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| The contractual interest rate is always stated as a (n) | show 🗑
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| Bonds that mature at a single specified future date are called | show 🗑
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| The two ways that a corporation can be classified by ownership are | show 🗑
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| A legal document which summarizes the rights and privileges of bondholders as well as the obligations and commitments of the issuing company is called a | show 🗑
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| The dominant form of business organization in the United States in terms of dollar sales volume, earnings, and employees is the | show 🗑
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| show | board of directors
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| The chief accounting officer in a company is known as the | show 🗑
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| show | a corporation is subject to more federal and state government regulations
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| What amount does T Thomas stand to lose? | show 🗑
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| Which of the following statements is not considered a disadvantage of the corporate form of organization? | show 🗑
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| show | legally significant
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| The statement of cash flows summarizes | show 🗑
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You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
haleybergeron
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