eeu matte choice pons wos] (Re ‘Question ian tte levngis nats Gon afe burmese ety? Ares ‘Soepemeosie Poceshe o Enereestes ‘coposer esiceesiontis Mable Choice points 5] [Re] etpionwhes tonng agntn oe be sre ns mosaic fibre nso ‘Soe rerieosie ¢ Corprston| Faber Cooperstve eines ee Masple Choise pointe (was (eae ‘Question wich ofthe tlowng bes: desarees thaterm'oune asses"? ‘Annet Treonoute i ot sane bye arene shesitnat reson shaal che esas 2 Azz eccatadic na comers re cach wihin sn year eran. “The comuni profi enrasby sbunert art ay cucande dhs ha carers essen ee Masple Choise pointe [use| eens ‘Guoction ian ne ofthe loning tanec «cases a fa latsfadalace shat? ‘arse pezing secur Y Shnaler entyGusionS ~ Mall Chnice points aay] (Re Custtion vison af ne ening we ronmurect ase? Answer 7 Vaehinay ane exuprant Unaares verses ee ceesiontioe Gutter Mutiple Chics points say | (nai ‘Gyestion Soren nvestrens a= $25, BRB Sey emegw cma ene naar mosey st eceomer 48 00n(nn Ineomact 5250000 Cast) + 500.00 Accounts rece) + 00.000 (Pesery lar &equomert)+ 480000 (mvt) Feciback «$2100.00 = Taal sass qt Daesione Gueston@ + MulipleChice pointe ua) eam ‘Question P00 CORPORATION (BES Capertons setyoat ance cnet oneal oing aus ‘Proneny ola &enuerent emameeien ant ‘a0 Sopiccce \Bidiatereans pera ‘ooo Relanedeorirgs hen on Answer ys eoa000 ‘sesoa00 5 eonooo simnces ‘comet Feeenack 0 = saan co9.006 = eacoD=s2 130.00 Jetta: RAR URPEat ervors riser, aig eyroae SISTA as, eames yey goatee ‘san RE Ss EE has a‘Guasion = Mette choice Opoie at) Queston Peck Hae eee g eetlad tne towing tame ant rani staan or he yar ening saber 2, 2012 ee svseoomcentt ates sagan SE enw ane Seca SB scrinsrane parses soon vance {Deane mes ss Eee ihe teat ries ask Cary, Tso tae Fal ep ne retire interna Brewer sessa00 wy 3 esa00 ssn0 Ccoract_ $1600 100(Salas) 140000 (Cost fens) 040.000 (Sein. gare an asineatve Soanses) 9 20600 [cine expenss|c 26000 (roome taxexgeree| = $05000= Nese Incorrect 31.£00,000 (Sen) © 1.40900 (Coat cf anes) © 40.00 (Seng, gore nd miatatve eran) 2 20000 Feedback (Cire erzerses) (25000 (reome tex ecerce| = SEBIG= Nes rears fst ecton oe © Mstine Choice oroins wos) [eo] ‘Question Peck Compsny “Tha Peek Corps repotes te folowing fs ont rena sttements ee year ewing Desebr2. 2012 es 1580 0000 ae sista ‘Selig, gow ane ems ‘coo owen econcome aces zon ete tthe rfernston ere for eck Corosry How mus wilbereoore 2 etsne earings on ts talence shes tDecenee! HRI Fas smetarjesrstenuatone? newer asocs wy 500 e300 seanco conestreedback Net neem ‘s1g2n.2006 1s00000« MitipleChice Dooints (ss) Rane] CGuestion vin oft flowing woud notbe corse a range ase? aower Feeense ngs onyritis CGueston 1é* Mulple Choice Opeints esy| (Nero) avetionfartate ae pause radisad neh cd or consumaduthin ora yen: how are eyrepaned an «castes newer Frese, pant so equipment Coren ante inangote asses si Quesion Hae Quesion 22 Walp Choice Opeints mes] (Rew Question wine staf tans beow are classed as curert asses? Answer accounsrecescla, Netcare, Ineary. end Dudends Caan, Accomt cnvatle, Cantal sec, ne Sen Netcom Cah Ofce supose rveriony J Cas, Accounts eeevate vena sve fie sues si Quien ‘Gussion 31 Mutipe Crowe pans wosty} eno} Question Paste Corperation Irveriory ‘S227 000Aconutsreceule sysoone os “ot tnnesere soya toon com “eccourearearererue reo Bresicrere [33 BGeren sot 3200 etaned eeings sea tciLengem roe pays ‘ma0N Calodete he ets emcunt of er exres x Paso Corpor. Brewer $s secon s1z2000 wv: 72cm 5 sexc00 Comet Fdack $120.00 (Gach + 10,00 (Leos resale) + 260020 (renin + 22000 Prpsirrt)=$722000 Incorrect Feecback 512303 Cash) + 120.00 (eset reavatle) + 20020 (rweroy/ + 28000 Prepeidres)=S722000Multiple Choice 2 points vay) (Ree ‘Question vir of ne along woud sopearcn an eae steer? Vv Cache Ditonte Mulfple Choice D points (Moon) (Reree ‘Question Gan ad vise re epoed cre mut.siep nome sserert unde whic ote folowing cesfeatons? Onerrenansts and operses Gpowrgroenont rsecanaat Gosmean et unioniion Mlle Choice 2 pints sa) (Re) Question A ueston saleby sooth» ow much gross profi id he company male?" Wale satevent oud have ‘Pegs pelt caied an # sears nein? Answer Thatalenes shat baaucoratined saringe epocenis gs profs Tresisteventofcasn fos es cam inflows anc cuowsrenresers cross sats vu Tremusnes neovesaievert ‘The snginsteg income tatamert qesscuston tee Mlle Choice points (weet) (Reno ‘Question Ona mute ncene sitonent subtsing wil coerstng sperses ton ross soft wl ea F oxeinpircone, Maine Chics Opeinte sayy) (Renae ‘Question Tres: becw consis sever! tense sereeron a mub-ses necnestarent Shesimeences someone ‘Sle tna cscathat teeth tain theese ey wel apnea an amuse incre atmare answer vesaT ta? resezas eaainzs anaizes fst Quacion Hare Matin Coice oeints (Mest Renee Guestion Trump Company ter reveaee ‘s1oanecenert and serinitatie iin ygpoxoueeet Fae Eaiayetperses SBEione cen Ss Fete tthe iromstenponas fer Turro Convery. Wha Trumo Company's incor fom operons? foswer seo 00 vy szo00 szzoo00 sco00 Conctreecmack 25050 ors ty 2220 (Oana and siete ins) 20900 Seng Spee) = Inoowret |5750 00 (Gros prot) 9 280000 (Genea and seinen aranses) 220 100g sean) = ESedrack = Sagas‘Question 2 © Mutiple Choice pointe uss) eno Question Trump Company cherreanane {510.002;ena and seniitate ‘operas szommo Dividends suo ooanee mor Samo Sng woeraes S220 tttncore ler womnee Serr00 ‘eter ineinoematen poids fer Tramp Company. Wels Trump Comes’ et nec? Arse sseo00 er) v sco erget, Ingo fam cparatons = $760,000 (Gross rt) 9 259620 (Gener! ard amit xpenes) 920,000, (Geing eowrees)= seen. ASRS TSE aE (rears tomaperntons| +1100 (thr rovensns) 0117.00 (nee ts = 8273.00 Incorrect _ Income tem eprstons = $70.00 (Gross ot) 220000 (Genes and simrissine expenses} 0220.00, Feedbeck —(Geing eoeraes) = 809.300 [Neincoma = $260200 (nacre om apecton|+ (40000 (Sherouanue) 117050 neonates) = 273.00 468i ere © Mulfple Choice points (ua) (ean) ‘Question Trump Company cherreanane |510.002;ena and seniitate Soma mono Bidens suoooaneemer Samo Suing eerses B20 cbtncere tac espense Siron0 [eters he noomston poids er Taanp Company. wt sour wi nticcone onasngestes cone Statamet fe tome se neomson sist eons samen Tm Comary paar om farms Ansuer sico0 Sento v2 ss200 © Nultele Choice cits (cay (Rano Queetion Ae utes a asourng, the Nat otha Fara Staten aun: [Answer choy eihabtiom ofthe income eaten. elds enn etapa ofthe nani sates consiceres an oprel pt of re encalsitenentsGusston a7 Mutile Choise Dooints wos] (Reno CGuestion wich ote flowing tans wie burns corpora svn rap? Anower nasty sandaes Noes ine inancal stemans ‘Sterne franc des for ron emetlar compris: Meracerens stoner on austers responsi forthe rend storents fst Queaion Here Maile Choise pointe hissy] (Rane (seston hit oe oe fonng tei ae iy to bound in cases aru pan? newer geste ne Srano states final uegetrepons Aastra Nanaperents decunienand ares esi uesion Here tiple coice pons may], [REA] Cuveion anagenan’s cancion andanshe: Answer ics venti neindenancen anurans an Se «sete fore nea one enc snamacts J rovaessescusson ar ana ore trates! sates ote comseny y ne cmpany'smnagemert roves essuraroes inthe auctor ar response be Tosnd Ssemes 4st Quscion Hare utile Choise Opointe vist) Rana] (Question iwhich scien of earl po wad you fc "The facil serena ur pion, premet eythe farcl Susie ours Maus Sve cat Sona: contanriy in US Serta sess steounng arnesles answer ‘Menegerere net Notes oe trandalsienents Managenerts dscusson arasrayss F ‘rdecencentautioverapot Maile Chcica pine sey) (Rena Cuestion ver te lowing rereserts ne ofthe purposes one suns recat? ‘Rnawer To provide elec fr maraperenito sty questonsble esi te sete ‘Topronde comers aster ne companys mancal is 7 Toprone ne CPAs oni afte emess ote Taro seers ‘Totetaly avec fortl dure of lhe fas lever toe compen ete er neni pation qosscussvon Here Maile csice| epeints wea] [Rene Question Which tna Soloning ogansatore is primary responsive fer ecubihing GIAP nthe Linked Sits? answer ‘Seeuses and change Conmztion (SEC) J Fraraat senouning Saneae Soer FASB) Irsersteral Acceuting Sancarcs S26 ASS) traera Reus Serrae (FS) 4 Quscion Hare Maile Choice pints sot] [Remew Cauesion The Sesuties Sichange Connssen (SEC) scorcarea wh: [Answer gave naw cone! Fearn ce rece Merete in franc eons er gobs coroenies setng accountng rues allcorpanina alae incorsecte inthe Uns Sats 2. Saeng accountng uss Sr pubiny raced comganan ne Unies aes ‘voreng recurs ceca mansouring rapows ssies by goverment 088 Quraon ere tiple Chcico pene es {Question wich exertion hes the power set xzeutng eso covosries whose stocks ubltraadintheUS sock ‘fares nothascoagstesia sever ansne egensston newer Intrstonl Azcouning Sandee Soar (ASE) Francia! Resoning Stars Beas (53) (Genre Asscisten of cscuntng Pastore (GAAP) J Senurtes snd Esenarge Cormsson (SE)> mutupte caice pais woaty} (Rene Question Mes businasae nthe Unéad Ste are Answer saa portage, rarest, coportons, > Mutpie choice paints waxy], (Reni Gusstion vines athe tens below 2 busts ery? Boswer Y Soeposiarsne Enrepensersie oitesl in etek ~ Mie Choice Opens ee] nee ‘Question An enty tis xcanzedsocoring toss or federal sshtes and nwrich ewes ec ia stares steak $= ‘nswer ropa, vy seer pene 4231 Quesion Here > mutiie choice oeints Wow (RENE ‘Question Seat hetye of ene tat met hao cin erga vous cfescurees yang took Answer Femesn Y copesion Epraorne Nene ae cae est osesion tere Maine Choice Opens sey) [Renee ‘Guestion The nosis GAAP sensor ‘Answer Gere Accerers of Accounting Precedus. (Gere Aerts Aesuttrg Pars Sere Accepts Aesutiry nape. (Sere Aceon Aoseuntng astonMutipe crcice poms moar) (a uecten hen at sloningienot a heranaizts ofa coronsen? ‘newer Courter ae guise a eparaelegl able ety Oneness evdesine antes sack [Seertons espace an cnc uti large aunt fresurecby ung eat, J Fortaxpurposes« coperaiensbusress 3 het seated fom he soiree ees ousientoe tine Chnice| points ay) (nano ‘eaten Fraser, ne devinantodyin he Severn of accounting rndslasn he Unies tas hes nner Aryans asta of Curfas Pubic Aaceuions (AICPA) ‘rmvan Bearing Assen (AB), LY FranalAeenuing Scare Sod FASS) Inst of Maragerer Aecouiens (M8) ecsomsinoe tine Chnice points [meer] (eo uncon hin enfant ha series hry pay men cng moun nin rome yrs qs dussiontioe mutpie crc pons nosy) (Rena ‘Question Counties ouside ne US. use frei socoutng stances Ne Maile Choice pints say) ane (Gieson Te anus rt acute tonne soit nd prays sarge nen kOe Or a Rates wfc asic covery oral recy rays. resco neh Mile Choice pints say} ana‘Question Ananya neh athe convonetsctan noove siskeran se cress as pevertage ore sss cles: Arse of verca'snayss. —— commana ence Mile Choice points veztion ‘Yetealauiyssis aso brow as: ‘Avower—pereracula snes a & conmernsee ans. Sougheineanehoe Mile Choice points ‘Question which flowing teow generly isha wast usc nanaeng sempanieecaiferent ses? answer Comperstve satan Y Common fnanon satamerts Prose sesourrg suse rapert Multiple Cheico| points ‘Question Tre percent ores esses toi! esses ar exam ot Answer J vatied erase soveney anayss. tsb sais Mute Chico points ‘Queston wns y3¢ or snenssisitacees oy ne oiowrs? curentasces —$ Bttmns Hnnco SS ses som) Foedatestz 500009 1cagcestaan 208 Aneser eres! anaya2 Y sero anae Laut arts Conmor-szesnsss Mute Chico points veston Ina conrensce nani saierent wichof fe lowingin gen a percentage of 19 perce? ces ot goaded y Tes anes Matte chcice pons uezton Inerormng ¢ veal anc. the has costo oats soldi arse tet sig expenses. J retsoes. total espense.| way] (Re ray] “nenme] 68s unnion ere ee vost) (Rsnsie eect ouniontice (wos) Ra] gest ouenion tee wom] [Re]Guastong7 tiple Choice pints est) (Remse useton The ndecancan aust“ rape ces nah otha feling? Answer Desai hist fraroal sttamens ae covered tha ust Y- Bves te uses opinion regacirgrefemess ofthe franca! itenens utile Choice points SERIE UES Gar Se rena detonate © Baers Garden Contarere provided blow, ‘occurs reoursbe “roma irenor, yuo aan esl ar oe Nerenee ‘com 00m Coste ges sa zoe nnee [Ret tthe slests dete proved er Stors Garden Cet When cn lowing wed rest Yom horzortsl ans. Roswer Peseta recite inrenee 814000 oF 25%6cuirg 2012. (Aeseana essa a aura nes lage than merry 92012 ‘CoreetFoedask Chang mocesunts rosie 7a00 « Se.000 = 14.200 rane onan ‘$Habar escao -028 2 IncomreetFeedback Charge nesenunseseiebie S7D000 «£6000 = 14900 erase secrange, $000 /eoon0 =oz8 a 2e% siouiontoe map craice poms Most) (Rena este Rte oe seg prose Sci Saee Ces cthetlwing woud om ae ease ‘answer 7 Netcle inerecseé $100,090 ring 212, or 22.38 ofthe 201 amount Goce pot 506 of nate fr 912 ‘re sonst reonebatuoar rate 6 28 ses in 20N2 ConectFeedback «range innetsses— samngu0 » anon = sicpn0 Siege SHEBBEE /SSEsRe CAE casow ImoorrectFeechach rang in et sees SEE ‘HEB BRe /BEE AIS a© mutaptecteice pons ry] re ‘Question Refi the sete depois fr Sloan's Garden Center Which fhe Slowing wou rut rma herzeil ans Anse Costot goes sos bo oats oe Z012, (Gras sft 9 505 oft nen 2012 Yonago ans nreenes $2 000 er 1218 ding 2012 Inverter decnseed S000 a 28% auerg 2012 ‘core Fenda (change ines of pense so 203000 190009 ~20 0Dineaase Incorect Feedback Sheng in xa f goods sid oooincese 66 cesionti = Mulsple Chie pointe (use| Ramis Queston reer oe ste css once or Sours Garcen Canter When ne long wou rest Tom velar ot Answer ‘Tre mcaure mest tower fais &25in 5012 1 Sse ros 50% ofnet sles or 20°2 Cos: of oc Satc nesses 20.0006 1111% sung 2012 ‘Corec Fesibach rossProft 409 Ne ses) 0293000 (Coste acods Sog) = $230. 000 ‘SUSGbs hsbssey auton Reretie eos arco IncomestFeedback Gross Proit___ 5400009 Net sas) 2209,09 (Cet of gend a) = $2900 {S200 G00( Gress som / 3820000 (Net sues) = 20205 acc 0.esion Here © MutapleCheice points aay] RS ection When athe aningsatamarte hus epsng vert! ays? Answer Corecestonal arayascongsres faa canfers sgl erty ue tne F Commer-sie ancl statements ee se 0 senpare companies cf eer sis, ‘Tren sna compsres company's frarcal esto cushy svar. ‘Treseresessss efectve wr covosrson eifeert comaries ove me, Matte chsico Opoin wean) (ae! CGuesion wich tne lowing Sore ofecemens of sadness ey? newer poresacpeane 7 Retsred esriras Accounsonyane siownioniion Waite Choice Oroins (wos (Remme Question re belie in neretsinad earings eocourt ees:sscunuttac euanas hom ot pieryeasefaperatore 1 Sauasntec caregs Pat nave at een asreteate teoaose estowntoniios Maile Cheico point uae) SS (Question we fn ola ststomerts is tue regsing 3 corrersien's purchase cftessuy sod? Answer 7 The cst Tessin secks2exucionn suomnooee eau. lvcencs mst stl be alc en easy stock Because sted “Tressury sock epee es en eon eonune ts censderedonrveciretin he corpraonsonm stock. “Testun coats ne ingar consented erund on # nace nthahaner athe ur escorts Maple choice Opoins aq] [REE] CucctionSgrioar oranges sosinlea aq erapotadie Answer eae tener resned earings sstevent uy Saterertoluectrodes sou. esioestonies tile Choice oroints Nast} (Renae Queen tn slowing a nary founein a cepeator's onthe aguty aston except estore pain casa Y Siiterisin sears esi qemtontio Maile Choice Opoine sa) (Ran auesion stucknacs' ena Answer gusushyecuslioeasnovnanc Ireudes pen capil a sb |Z ‘ute rtared coming one postin caps issroonentheincome statement dostsucsioa nae Maile Chcice pins es Question vn on oti fotoning nara! sstemens shows row snny esc ecu oxcun Ine comosry’s lance sraet Shongen om anayeartose nee? answer Bales chet Sistenen ofretsined earings Income stamert Start etsoaneloes equly 28 Suson Hare Essay pins eat) (na uesion Benen Corporation ‘Te aseuntart Baron Corersn presre folowing Ist secant baances fee hecorearySrecoisorthe yer ences Geta raenve ‘suesaozeces ssona0e Eee Sastsciogeeroe co Sasi ayane BSc se Bae ‘renenes = arse ‘SEED reosid expenses “Boe (Rene tes pene eD0tecame nue sense eomne Nowe aane cmianossreeserinae ° ‘Determine fling aur fr Earn Copoaton A) Guan sists ttn eng 2012 5) Cannabis the erate 2012 © What series havea clan en Seren Corcossions sss? Soianyour ensue ne emsctine srcouing einAnswer A) Curent ssseis = 3060.00 ‘S2ID S05 (Caen) 0.000 Assounteecevate) “220,000 (nvenoy) #20000 (Papas aipencee)=$460.000| Total assets= $1100.00 TER SEE ES) fea counts covets) + 229.000 (meno) + 20000 (Prepaid expencer)+$420.000 SEBS centriole) + 50.00 (rene aes payble + 00200 tas pat Eoththe craton ard the onners have cai onthe asst ofthe coreration Tha craters have hatin stain fom ne labites of he corporation, whe he carers have a dam ough the stckoler' uly.