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Business

Quiz 14 :

Accounting and Financial Statements

Quiz 14 :

Accounting and Financial Statements

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Vikram is an accountant employed by a large corporation.He works for the billing and taxation department.He is most likely to be a:
Free
Multiple Choice
Answer:

Answer:

B

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A Certified Public Accountant has the right to:
Free
Multiple Choice
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Answer:

A

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The _____ required firms to be more rigorous in their accounting and reporting practices.
Free
Multiple Choice
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Answer:

A

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CPA stands for:
Multiple Choice
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Evelyn is a self-employed,state-certified accountant who provides the following accounting services - filing tax returns,preparing financial records,auditing corporate financial records.She is known as a:
Multiple Choice
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_____ involves analyzing financial documents in search of fraudulent entries or financial misconduct.
Multiple Choice
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_____ is the movement of money through an organization over a daily,weekly,monthly,or yearly basis.
Multiple Choice
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The terms accounting and bookkeeping are interchangeable.
True False
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Accounting refers to the process of:
Multiple Choice
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Which of the following statements is true of Certified Public Accountant?
Multiple Choice
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Individuals and businesses can hire a _____ to,an individual,to provide accounting services ranging from the preparation of financial records and the filing of tax returns to complex audits of corporate financial records.
Multiple Choice
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The balance sheet indicates what an organization owns or controls.
True False
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Cash from investing activities is calculated from changes in the long-term liability accounts and the contributed capital accounts in owners' equity.
True False
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Which of the following is a requirement stated by the Sarbanes-Oxley Act?
Multiple Choice
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Non-business entities typically obtain revenues through the sale of their assets.
True False
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Which of the following statements is true of bookkeeping?
Multiple Choice
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In accounting,a ledger is a time-ordered list of accounting transactions.
True False
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Which of the following is a function of the Public Company Accounting Oversight Board?
Multiple Choice
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The _____ limits the types of assets commercial banks can buy; the amount of capital they must maintain; and the use of derivative instruments such as options,futures,and structured investment products.
Multiple Choice
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A forensic accountant:
Multiple Choice
Answer:
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