FIN 571 Final Exam Questions

FINAL EXAM QUESTIONS FIN 571 1) Occurs when inaccurate information can falsely exist. A. free-rider problem B. adverse selection C. moral hazard D. The Principle of Valuable Ideas 2) Which principle states that extraordinary returns are achievable with new ideas? A. The Principle of Valuable Ideas B. The Principle of Risk-Return Trade-Off C. The Principle…

FIN 571 FINAL EXAM

FIN 571 FINAL EXAM Final Exam Fin 571 1) Which of the following statements is true? A. A security is a claim issued by a firm that pays owners interest, not dividends B. A call option analyzes conflicts of interest and behavior in a principal-agent relationship C. An agent-manager can never make bad decisions D.…

ACC 491 Final Exam Study Guide

ACC 491 Final Exam Study Guide 1) An accrued expense can best be described as an amount A. paid and currently matched with earnings. B. not paid and not currently matched with earnings. C. not paid and currently matched with earnings. D. paid and not currently matched with earnings. 2) When an item of revenue…

[FINAL EXAM] ACC 400 Final Exam Guide

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ACC 561 Final Exam Study Guide Managerial Accounting 80 Question Database

ACC 561 Final Exam Study Guide Managerial Accounting 80 Question Database 1. A major element in budgetary control is a. the preparation of long-term plans. b. the comparison of actual results with planned objectives. c. the valuation of inventories. d. approval of the budget by the stockholders. 2. Budget reports should be prepared a. daily. b. monthly.…

ACC 561 Final Exam Study Guide

ACC 561 Final Exam Study Guide     Question 1 Which of the following is an advantage of corporations relative to partnerships and sole proprietorships? Harder to transfer ownership. Most common form of organization. Reduced legal liability for investors. Lower taxes. Question 2 The group of users of accounting information charged with achieving the goals…

OPS 571 Final Exam Study Guide Version 2

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HRM 300 FINAL EXAM Study Guide

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ACC 291 Final Exam Guide

ACC 291 Final Exam Guide 1. The method of accounting for uncollectible accounts that results in a better matching of expenses with revenues is the a. aging accounts receivable method b. direct write-off method c. percentage of receivables method d. percentage of sales method   2. Using the percentages of receivables method for recording bad…

ACC 561 Final Exam Study Guide

ACC 561 Final Exam Study Guide   1. The statement of cash flows is used for _____. A. showing the relationship of net income to changes in current assets B. determining a company’s acceptable level of debt financing C. revealing commitments that may restrict future courses of action D. evaluating the creditworthiness of the organization…