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5) Internal users of accounting information do not directly run the organization and have limited
access to its accounting information.
Answer: FALSE
Difficulty: 1 Easy
Topic: Users of Accounting Information
Learning Objective: 01-C2 Identify users and uses of, and opportunities in, accounting.
Bloom's: Remember
AACSB/Accessibility: Communication / Keyboard Navigation
AICPA: BB Critical Thinking; FN Decision Making
Answer: TRUE
Difficulty: 1 Easy
Topic: Users of Accounting Information
Learning Objective: 01-C2 Identify users and uses of, and opportunities in, accounting.
Bloom's: Remember
AACSB/Accessibility: Communication / Keyboard Navigation
AICPA: BB Critical Thinking; FN Decision Making
7) External auditors examine financial statements to verify that they are prepared according to
generally accepted accounting principles.
Answer: TRUE
Difficulty: 1 Easy
Topic: Users of Accounting Information
Learning Objective: 01-C2 Identify users and uses of, and opportunities in, accounting.
Bloom's: Remember
AACSB/Accessibility: Communication / Keyboard Navigation
AICPA: BB Critical Thinking; FN Decision Making
Answer: TRUE
Difficulty: 2 Medium
Topic: Users of Accounting Information
Learning Objective: 01-C2 Identify users and uses of, and opportunities in, accounting.
2
Copyright 2019 © McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior
written consent of McGraw-Hill Education.
Bloom's: Understand
AACSB/Accessibility: Communication / Keyboard Navigation
AICPA: BB Critical Thinking; FN Decision Making
3
Copyright 2019 © McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior
written consent of McGraw-Hill Education.
9) Regulators often have legal authority over certain activities of organizations.
Answer: TRUE
Difficulty: 1 Easy
Topic: Users of Accounting Information
Learning Objective: 01-C2 Identify users and uses of, and opportunities in, accounting.
Bloom's: Remember
AACSB/Accessibility: Communication / Keyboard Navigation
AICPA: BB Legal; FN Decision Making
10) Internal users include lenders, shareholders, brokers and nonexecutive employees.
Answer: FALSE
Difficulty: 2 Medium
Topic: Users of Accounting Information
Learning Objective: 01-C2 Identify users and uses of, and opportunities in, accounting.
Bloom's: Understand
AACSB/Accessibility: Communication / Keyboard Navigation
AICPA: BB Industry; FN Decision Making
11) Opportunities in accounting include auditing, consulting, market research, and tax planning.
Answer: TRUE
Difficulty: 2 Medium
Topic: Users of Accounting Information
Learning Objective: 01-C2 Identify users and uses of, and opportunities in, accounting.
Bloom's: Understand
AACSB/Accessibility: Communication / Keyboard Navigation
AICPA: BB Industry; FN Decision Making
Answer: FALSE
Difficulty: 2 Medium
Topic: Ethics
Learning Objective: 01-C3 Explain why ethics are crucial to accounting.
Bloom's: Understand
AACSB/Accessibility: Ethics / Keyboard Navigation
AICPA: BB Industry; FN Decision Making
4
Copyright 2019 © McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior
written consent of McGraw-Hill Education.
13) The Sarbanes-Oxley Act (SOX) requires documentation and verification of internal controls.
It also emphasizes effective internal controls.
Answer: TRUE
Difficulty: 1 Easy
Topic: Ethics
Learning Objective: 01-C3 Explain why ethics are crucial to accounting.
Bloom's: Remember
AACSB/Accessibility: Ethics / Keyboard Navigation
AICPA: BB Legal; FN Reporting
14) The fraud triangle asserts that the three factors that must exist for a person to commit fraud
are opportunity, pressure, and rationalization.
Answer: TRUE
Difficulty: 2 Medium
Topic: Ethics
Learning Objective: 01-C3 Explain why ethics are crucial to accounting.
Bloom's: Understand
AACSB/Accessibility: Ethics / Keyboard Navigation
AICPA: BB Industry; BB Legal; FN Decision Making
15) Management is not responsible for implementing internal controls and does not need to issue
a report on internal controls.
Answer: FALSE
Difficulty: 2 Medium
Topic: Generally Accepted Accounting Principles
Learning Objective: 01-C4 Explain generally accepted accounting principles and define and
apply several accounting principles.
Bloom's: Understand
AACSB/Accessibility: Ethics / Keyboard Navigation
AICPA: BB Legal; FN Reporting
Answer: TRUE
Difficulty: 1 Easy
Topic: Generally Accepted Accounting Principles
Learning Objective: 01-C4 Explain generally accepted accounting principles and define and
apply several accounting principles.
Bloom's: Remember
AACSB/Accessibility: Communication / Keyboard Navigation
AICPA: BB Legal; FN Decision Making
5
Copyright 2019 © McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior
written consent of McGraw-Hill Education.
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Hän otti sen varovasti pitkien sormiensa väliin, ja, hymyillen
salaperäistä hymyä, jatkoi entistä hillitymmin:
— Tahdomme! Tahdomme!
— Eivät osaa…
— Onko se totta?
II.
Ja muistopäivä se olikin…
Hän kaatoi teetä lasiin, maisteli sitä hitaasti. Koko ajan katseli hän
vaieten kuvaa — ja muisteli… Nykyisyys haihtui epämääräisenä
sumuna entisyyden kirkkauden tieltä. Hän aivankuin eli uudelleen
tuon illan, jolloin ensikerran tapasi hänet — eikö siitä ollut
iankaikkisuus?
Maksim oli monasti kuullut tuon kappaleen, mutta sillä tavalla kuin
tuo omituinen tyttö sen soitti, ei hän ollut koskaan kuullut; siinä
kuvastui selittämättömän suuri suru — niinkuin sadattuhannet
ihmiset olisivat seisseet äänettöminä, liikkumattomina, jokaisen
kasvoilla jähmettynyt tuska ja suru…
Eräältä tuttavalta sai Maksim tietää, että tyttö oli erään kenraalin
tytär, joka oli karkoitettu kotoaan vallankumouksellisten
mielipiteittensä tähden. Tuttava esitti hänet tytölle — ja he
keskustelivat koko illan.
Maksim ei muistanut miten silloin tuli kotiin, sen hän vain muisti,
että rakasti — ettei hän koskaan voisi unohtaa noita silmiä…
*****
*****
III.
Ei.
Kaupunki iloitsee…
— Murhaaja! Murhaaja!
*****
Äänettömyys.