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ACC 561 Answered 30 Questions.docx

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


!"#$#%
$!
D. evaluating the creditworthiness of the organization
&
!
!%
$'
()%
)#**
*
A. groups all revenues together and all expenses together, whereas a multiple-step
income statement separates certain revenues and expenses from each other and
presents subtotals
+*

%+*

(!!,+*
!,
-.
#!
!$
 
!
)
$%$

D. Investing activities in the statement of cash ows include acquiring and selling
long-term assets.
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$/
$#
!
$
*#%
D. materiality
+*$0
'!#
*
cash and a credit to common stock.


-!10!$0**$!.

B. A manufacturing company
$1
(*$
%$#!$/#
%
2
Return on investment
2
$
$#3!4567+777
8$+972:87;
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777;
97;
10.42%

$#3!4
54677+777
8$46<9+77
2:847;

777;
B. 6.250%
777;
(97;
5!,$6<77$69=7
!>7;8!$#!97;+
$#
>;
?>;
@<>;
=??;
-$#+%!$


%
C. production-volume variance
(%
Page 3 of 8

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Anonymous
Great content here. Definitely a returning customer.

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