Marketing Research

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CFR Quiz
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Page path * Home * / ► My courses * / ► FI-101-Quiz * / ► 20 July - 26 July * / ► CFR Quiz 7 * / ► Review of attempt 1
Review of attempt 1 Started on | Saturday, 15 September 2012, 03:14 PM | Completed on | Saturday, 15 September 2012, 03:14 PM | Time taken | 13 secs | Marks | 0/15 | Grade | 0 out of a maximum of 10 (0%) |
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Question1
Marks: 1

Cash consists of all of the following except
Choose one answer. | a. compensating balances. | | | b. deposits in savings accounts. | | | c. IOUs from customers. | | | d. money orders from
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Question11
Marks: 1

Which of the following is a cash equivalent?
Choose one answer. | a. 6-month certificate of deposit | | | b. 60 percent of the common stock of Fernholtz Corporation | | | c. 60-day U.S. Treasury note | | | d. 100 shares of Caplow Corporation common stock | |
Incorrect
Marks for this submission: 0/1.
Question12
Marks: 1

A company issues a check for $58 but records it as $85. On the bank reconciliation, the $27 error should be
Choose one answer. | a. deducted from the balance per books. | | | b. added to the balance per bank. | | | c. added to the balance per books. | | | d. deducted from the balance per bank. | |
Incorrect
Marks for this submission: 0/1.
Question13
Marks: 1

Under the allowance method, when a year-end adjustment is made for estimated uncollectible accounts,
Choose one answer. | a. net income is unchanged. | | | b. liabilities increase. | | | c. total assets are unchanged. | | | d. total assets decrease. | |
Incorrect
Marks for this submission: 0/1.
Question14
Marks: 1

For the following definition(s), choose the letter that corresponds to the correct term. Use each letter only once. a. Accounts receivable | i. Maturity date | b. Aging of accounts receivable | j. Maturity value | c. Allowance for Uncollectible Accounts | k. Promissory note | d. Cash equivalents | l.
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