Answered: Which of these is not a border option?…

Business

Accounting

Which of these is not a border option? Answer: A. Bottom Border B. Right Border C. Center Border D. Top Border

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter3: Analyzing And Recording Transactions

Section: Chapter Questions

Problem 1EA: Match the correct term with its definition. A. cost principle i. if uncertainty in a potential...

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Concept explainers

Regulations Of Foreign Exchange Market

Question

Ch2

Question 23: Which of these is not a border option?

Answer:

Bottom Border

Right Border

Center Border

D.	Top Border

Question 24: For which of these financial statement figures would a double-underline be inappropriate?

Answer:

Net Income in the income statement

Withdrawals in the statement of owner's equity

Total Assets in the balance sheet

D.	Total Liabilities and Owner's Equity in the balance sheet

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Ch2 Question 13: The No Fill option removes a fill color from a cell. Answer: A. True B. False Question 24: For which of these financial statement figures would a double-underline be inappropriate? Answer: A. Net Income in the income statement B. Withdrawals in the statement of owner's equity C. Total Assets in the balance sheet D. Total Liabilities and Owner's Equity in the balance sheet
Ch2 Question 13: The No Fill option removes a fill color from a cell. Answer: A. True B. False Question 14: Which of these is not a financial statement? Answer: A. Income statement B. Journal entry C. Statement of owner's equity D. Balance sheet
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the left-hand-side total of assets must always equal the right-hand-side total of liabilities and owner's equity Question 12 options: True False
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Rr.22. Which of the following is an example of a "quick asset" for purposes of applying the acid-test or quick ratio? (Check all that apply) a. inventory b. cash c. land d. prepaid rent e. current investments f. accounts receivable
q15 Which type of brokerage account permits the broker to buy and sell shares for the investor without first contacting the investor for approval? a. Discretionary Account b. All the options are wrong c. Margin Account d. Cash Management Account q16 Buying assets that yield a return greater than the minimum acceptable hurdle rate is a part of which core principles of Finance. a. Cost principle b. Investment principle c. Dividend principle d. Financing principle
Question 1 1) Discount Broker offer clients research and investment advice, but usually charge a higher commission on trades. Select an alternative True False 2) A fiduciary relationship is one based on trust and explicit or implicit contract that creates economic incentives for the different parties. Select an alternative True False 3) Stock, Stock Options, and Restricted Stock are the market based unconditional compensations. Select an alternative True False 4) Increasing the fit of investment service to the long term objectives of each investor—moving from caveat emptor “product” sales to more durable, shared-understanding service relationships— would increase the duration or “loyalty” and thereby the economic value of client–manager relationships. (The Winners’ Game, by Charles D. Ellis, 2011) Select an alternative True False
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Match the correct term with its definition. A. cost principle i. if uncertainty in a potential financial estimate, a company should err on the side of caution and report the most conservative amount B. full disclosure principle ii. also known as the historical cost principle, states that everything the company owns or controls (assets) must be recorded at their value at the date of acquisition C. separate iii. (also referred to as the matching principle) matches expenses with associated revenues in the period in which the revenues were generated. D. monetary iv. business must report any business activities that could affect what is reported on the financial statements E. conservatism v. system of using a monetary unit by which to value the transaction, such as the US dollar. F. revenue vi. period of time in which you performed the service or gave the customer the product is the period in which revenue is recognized. G. expense vii. business may only report activities on financial statements that are specifically related to company operations, not those activities that affect the owner personally.
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