,DOWNLOAD THE Test Bank for College Accounting Career Approach 13thEditi
m m m m m m m m m m
on Scott m
1. ThemplusmsidemofmamTmaccountmrepresentsmthe:
a. normalmbalancemofmthatmaccount.
b. doublembalancemofmthatmaccount.
c. trialmbalancemofmthatmaccount.
d. footingsmbalancemofmthatmaccount.
e. standardmbalancemofmthatmaccount.
ANSWER: a
POINTS: 1
DIFFICULTY: Easy
QUESTIONm TYPE: MultiplemChoice
HASmVARIABLES: False
LEARNINGmOBJECTIVES:m CACC.NSMB.13.2m 1m-mLO:m2-1
NATIONALmSTANDARDS:m UnitedmStatesm-mAACSB:mAnalytic
STATEmSTANDARDS: UnitedmStatesm-mAKm-mACBSP:mRecordingmTransactions
UnitedmStatesm-mAKm-mAICPA-FN:mReporting
KEYWORDS: Bloom's:mRemembering
DATEmCREATED: 7/23/2013m2:37mPM
DATEm MODIFIED: 1/6/2017m4:54mAM
2. WhenmamTmaccountmhasmseveralmitemsmonmbothmsides,mthembalancemofmthemaccountmismwritten
a. onmthemsidemwithmthemgreatestmnumbermofmitems.
b. onmthemsidemwithmthemleastmnumbermofmitems.
c. onmthemsidemwithmthemlargermtotal.
d. onmthemsidemwithmthemsmallermtotal.
e. inmnonemofmthesemlocations.
ANSWER: c
POINTS: 1
DIFFICULTY: Moderate
QUESTIONm TYPE: MultiplemChoice
HASmVARIABLES: False
LEARNINGmOBJECTIVES:m CACC.NSMB.13.2m 1m-mLO:m2-1
NATIONALmSTANDARDS:m UnitedmStatesm-mAACSB:mReflectivemThinking
STATEmSTANDARDS: UnitedmStatesm-mAKm-mACBSP:mRecordingmTransactions
UnitedmStatesm-mAKm-mAICPA-FN:mMeasurement
KEYWORDS: Bloom's:mUnderstanding
DATEmCREATED: 7/23/2013m2:37mPM
DATEm MODIFIED: 7/23/2013m2:37mPM
CopyrightmCengagemLearning.mPoweredmbymCogne Pagem1
ro.
mynursytest.store
,DOWNLOAD THE Test Bank for College Accounting Career Approach 13thEditi
m m m m m m m m m m
on Scott m
3. Whichmofmthemfollowingmaccountsmdecreasemwhenmtheymaremdebited?
a. Assetsm andm Drawing
b. DrawingmandmCapital
c. Expensesm andm Assets
d. CapitalmandmLiabilities
e. LiabilitiesmandmExpenses
ANSWER: d
POINTS: 1
DIFFICULTY: Easy
QUESTIONm TYPE: MultiplemChoice
HASmVARIABLES: False
LEARNINGmOBJECTIVES:m CACC.NSMB.13.2m 3m-mLO:m2-3
NATIONALmSTANDARDS:m UnitedmStatesm-mAACSB:mAnalytic
STATEmSTANDARDS: UnitedmStatesm-mAKm-mACBSP:mRecordingmTransactions
UnitedmStatesm-mAKm-mAICPA-FN:mReporting
KEYWORDS: Bloom's:mUnderstanding
DATEmCREATED: 7/23/2013m2:37mPM
DATEm MODIFIED: 1/6/2017m4:55mAM
4. Amdebitmmaymresultmin
a. anmincreaseminmanmexpensemaccount.
b. anm increasem inmanmassetm account.
c. amdecreaseminmamliabilitymaccount.
d. am decreasem inm am revenuem account.
e. allmofmthese.
ANSWER: e
POINTS: 1
DIFFICULTY: Moderate
QUESTIONm TYPE: MultiplemChoice
HASmVARIABLES: False
LEARNINGmOBJECTIVES:m CACC.NSMB.13.2m 3m-mLO:m2-3
NATIONALmSTANDARDS:m UnitedmStatesm-mAACSB:mReflectivemThinking
STATEmSTANDARDS: UnitedmStatesm-mAKm-mACBSP:mRecordingmTransactions
UnitedmStatesm-mAKm-mAICPA-FN:mMeasurement
KEYWORDS: Bloom's:mUnderstanding
DATEmCREATED: 7/23/2013m2:37mPM
DATEm MODIFIED: 7/23/2013m2:37mPM
CopyrightmCengagemLearning.mPoweredmbymCogne Pagem2
ro.
mynursytest.store
, DOWNLOAD THE Test Bank for College Accounting Career Approach 13thEditi
m m m m m m m m m m
on Scott m
5. Amcreditmmaymresultmin
a. anmincreaseminmamliabilitymaccount.
b. anmincreaseminmamrevenuemaccount.
c. am decreasem inm anm assetm account.
d. anmincreaseminmthemCapitalmaccount.
e. allmofmthese.
ANSWER: e
POINTS: 1
DIFFICULTY: Moderate
QUESTIONm TYPE: MultiplemChoice
HASmVARIABLES: False
LEARNINGmOBJECTIVES:m CACC.NSMB.13.2m 3m-mLO:m2-3
NATIONALmSTANDARDS:m UnitedmStatesm-mAACSB:mReflectivemThinking
STATEmSTANDARDS: UnitedmStatesm-mAKm-mACBSP:mRecordingmTransactions
UnitedmStatesm-mAKm-mAICPA-FN:mMeasurement
KEYWORDS: Bloom's:mUnderstanding
DATEmCREATED: 7/23/2013m2:37mPM
DATEm MODIFIED: 7/23/2013m2:37mPM
6. Amcreditmmaymresultmin
a. anmincreaseminm anmassetm account.
b. amdecreaseminmthemCapitalmaccount.
c. anmincreaseminmamliabilitymaccount.
d. amdecreaseminmamliabilitymaccount.
e. nonemofmthese.
ANSWER: c
POINTS: 1
DIFFICULTY: Moderate
QUESTIONm TYPE: MultiplemChoice
HASmVARIABLES: False
LEARNINGmOBJECTIVES:m CACC.NSMB.13.2m 3m-mLO:m2-3
NATIONALmSTANDARDS:m UnitedmStatesm-mAACSB:mReflectivemThinking
STATEmSTANDARDS: UnitedmStatesm-mAKm-mACBSP:mRecordingmTransactions
UnitedmStatesm-mAKm-mAICPA-FN:mMeasurement
KEYWORDS: Bloom's:mUnderstanding
DATEmCREATED: 7/23/2013m2:37mPM
DATEm MODIFIED: 7/23/2013m2:37mPM
CopyrightmCengagemLearning.mPoweredmbymCogne Pagem3
ro.
mynursytest.store
m m m m m m m m m m
on Scott m
1. ThemplusmsidemofmamTmaccountmrepresentsmthe:
a. normalmbalancemofmthatmaccount.
b. doublembalancemofmthatmaccount.
c. trialmbalancemofmthatmaccount.
d. footingsmbalancemofmthatmaccount.
e. standardmbalancemofmthatmaccount.
ANSWER: a
POINTS: 1
DIFFICULTY: Easy
QUESTIONm TYPE: MultiplemChoice
HASmVARIABLES: False
LEARNINGmOBJECTIVES:m CACC.NSMB.13.2m 1m-mLO:m2-1
NATIONALmSTANDARDS:m UnitedmStatesm-mAACSB:mAnalytic
STATEmSTANDARDS: UnitedmStatesm-mAKm-mACBSP:mRecordingmTransactions
UnitedmStatesm-mAKm-mAICPA-FN:mReporting
KEYWORDS: Bloom's:mRemembering
DATEmCREATED: 7/23/2013m2:37mPM
DATEm MODIFIED: 1/6/2017m4:54mAM
2. WhenmamTmaccountmhasmseveralmitemsmonmbothmsides,mthembalancemofmthemaccountmismwritten
a. onmthemsidemwithmthemgreatestmnumbermofmitems.
b. onmthemsidemwithmthemleastmnumbermofmitems.
c. onmthemsidemwithmthemlargermtotal.
d. onmthemsidemwithmthemsmallermtotal.
e. inmnonemofmthesemlocations.
ANSWER: c
POINTS: 1
DIFFICULTY: Moderate
QUESTIONm TYPE: MultiplemChoice
HASmVARIABLES: False
LEARNINGmOBJECTIVES:m CACC.NSMB.13.2m 1m-mLO:m2-1
NATIONALmSTANDARDS:m UnitedmStatesm-mAACSB:mReflectivemThinking
STATEmSTANDARDS: UnitedmStatesm-mAKm-mACBSP:mRecordingmTransactions
UnitedmStatesm-mAKm-mAICPA-FN:mMeasurement
KEYWORDS: Bloom's:mUnderstanding
DATEmCREATED: 7/23/2013m2:37mPM
DATEm MODIFIED: 7/23/2013m2:37mPM
CopyrightmCengagemLearning.mPoweredmbymCogne Pagem1
ro.
mynursytest.store
,DOWNLOAD THE Test Bank for College Accounting Career Approach 13thEditi
m m m m m m m m m m
on Scott m
3. Whichmofmthemfollowingmaccountsmdecreasemwhenmtheymaremdebited?
a. Assetsm andm Drawing
b. DrawingmandmCapital
c. Expensesm andm Assets
d. CapitalmandmLiabilities
e. LiabilitiesmandmExpenses
ANSWER: d
POINTS: 1
DIFFICULTY: Easy
QUESTIONm TYPE: MultiplemChoice
HASmVARIABLES: False
LEARNINGmOBJECTIVES:m CACC.NSMB.13.2m 3m-mLO:m2-3
NATIONALmSTANDARDS:m UnitedmStatesm-mAACSB:mAnalytic
STATEmSTANDARDS: UnitedmStatesm-mAKm-mACBSP:mRecordingmTransactions
UnitedmStatesm-mAKm-mAICPA-FN:mReporting
KEYWORDS: Bloom's:mUnderstanding
DATEmCREATED: 7/23/2013m2:37mPM
DATEm MODIFIED: 1/6/2017m4:55mAM
4. Amdebitmmaymresultmin
a. anmincreaseminmanmexpensemaccount.
b. anm increasem inmanmassetm account.
c. amdecreaseminmamliabilitymaccount.
d. am decreasem inm am revenuem account.
e. allmofmthese.
ANSWER: e
POINTS: 1
DIFFICULTY: Moderate
QUESTIONm TYPE: MultiplemChoice
HASmVARIABLES: False
LEARNINGmOBJECTIVES:m CACC.NSMB.13.2m 3m-mLO:m2-3
NATIONALmSTANDARDS:m UnitedmStatesm-mAACSB:mReflectivemThinking
STATEmSTANDARDS: UnitedmStatesm-mAKm-mACBSP:mRecordingmTransactions
UnitedmStatesm-mAKm-mAICPA-FN:mMeasurement
KEYWORDS: Bloom's:mUnderstanding
DATEmCREATED: 7/23/2013m2:37mPM
DATEm MODIFIED: 7/23/2013m2:37mPM
CopyrightmCengagemLearning.mPoweredmbymCogne Pagem2
ro.
mynursytest.store
, DOWNLOAD THE Test Bank for College Accounting Career Approach 13thEditi
m m m m m m m m m m
on Scott m
5. Amcreditmmaymresultmin
a. anmincreaseminmamliabilitymaccount.
b. anmincreaseminmamrevenuemaccount.
c. am decreasem inm anm assetm account.
d. anmincreaseminmthemCapitalmaccount.
e. allmofmthese.
ANSWER: e
POINTS: 1
DIFFICULTY: Moderate
QUESTIONm TYPE: MultiplemChoice
HASmVARIABLES: False
LEARNINGmOBJECTIVES:m CACC.NSMB.13.2m 3m-mLO:m2-3
NATIONALmSTANDARDS:m UnitedmStatesm-mAACSB:mReflectivemThinking
STATEmSTANDARDS: UnitedmStatesm-mAKm-mACBSP:mRecordingmTransactions
UnitedmStatesm-mAKm-mAICPA-FN:mMeasurement
KEYWORDS: Bloom's:mUnderstanding
DATEmCREATED: 7/23/2013m2:37mPM
DATEm MODIFIED: 7/23/2013m2:37mPM
6. Amcreditmmaymresultmin
a. anmincreaseminm anmassetm account.
b. amdecreaseminmthemCapitalmaccount.
c. anmincreaseminmamliabilitymaccount.
d. amdecreaseminmamliabilitymaccount.
e. nonemofmthese.
ANSWER: c
POINTS: 1
DIFFICULTY: Moderate
QUESTIONm TYPE: MultiplemChoice
HASmVARIABLES: False
LEARNINGmOBJECTIVES:m CACC.NSMB.13.2m 3m-mLO:m2-3
NATIONALmSTANDARDS:m UnitedmStatesm-mAACSB:mReflectivemThinking
STATEmSTANDARDS: UnitedmStatesm-mAKm-mACBSP:mRecordingmTransactions
UnitedmStatesm-mAKm-mAICPA-FN:mMeasurement
KEYWORDS: Bloom's:mUnderstanding
DATEmCREATED: 7/23/2013m2:37mPM
DATEm MODIFIED: 7/23/2013m2:37mPM
CopyrightmCengagemLearning.mPoweredmbymCogne Pagem3
ro.
mynursytest.store