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ACCT 301 Week 4 Midterm Exam

ACCT 301 WEEK 4 MIDTERM EXAM – 3 DIFFERENT SET – DEVRY

ACCT 301 WEEK 4 MIDTERM EXAM – 3 DIFFERENT SET – DEVRY

ACCT 301 Week 4 Midterm Exam Versions 1

Page 1
1. (TCO 1) Suppose your company sold $25,000 in merchandise to a customer for cash. How does this transaction impact the accounting equation? (Points : 12)
2. (TCO 2) Suppose your company sold $50,000 in merchandise to a customer for cash. How does this transaction impact the accounting equation? (Points : 12)
3. (TCO 3) Rationalization is one of the components of the fraud triangle. What types of rationalization could a person use to justify misconduct? How can a company protect itself from rationalization as a part of fraud? (Points : 12)
4. (TCO 4) What is horizontal analysis of financial statements? How does horizontal analysis differ from vertical analysis? (Points : 12)

Page 2
1. (TCO 3) Separation of duties is a key feature in an internal control system. Why is separation of duties such an important internal control? Give an example of separation of duties as an internal control. (Points : 24)
2. . (TCO 1) Describe the balance sheet. Why is this statement important to the company, creditors, and investors? (Points : 24)
3. (TCO 4) Name and describe one liquidity ratio. What does this ratio measure? What is the formula for this ratio? (Points : 24)

ACCT 301 Week 4 Midterm Exam Versions 2
1. Question (TCO 1) The retained earnings statement shows all of the following except which one?
2. Question (TCO 1) Management’s views on the company’s short-term debt paying ability, expansion financing, and results of operations are found in which of the following?
3. Question (TCO 4) For 2010, Fielder Corporation reported net income of $30,000; net sales $400,000; and average share outstanding 6,000. There were no preferred stock dividends. What was the 2010 earnings per share?
4. Question (TCO 4) A useful measure of solvency is which of the following?
5. Question (TCO 2) Which pair of accounts follows the rules of debit and credit, in relation to increases and decreases, in the same manner?
6. Question (TCO 2) The principle purpose of posting is which of the following?
7. Question (TCO 3) Joe is a warehouse custodian, and also maintains the accounting record of the inventory held at the warehouse. An assessment of this situation indicates
8. Question (TCO 3) The following information was taken from Hurlbert Company cash budget for the month of June:
9. Question (TCO 11) Managerial accounting information does which of the following?
10. Question (TCO 11) Which one of the following is not a direct material?
11. Question (TCO 11) Sales commissions are classified as which of ACCT 301 Week 4 Midterm Exam - DeVry the following?
12. Question (TCO 11) Manufacturing costs include which of the following?
13. Question (TCO 11) Neeley Manufacturing Company reported the following year-end information:
14. Question (TCO 5) What effect do changes in activity have on fixed costs per unit?
15. ACCT301 Week 4 Midterm Exam Question (TCO 5) Which one of the following is not ACCT 301 Week 4 Midterm Exam an assumption of CVP analysis?

Tags: ACCT 301, ACCT 301 Week 4 Midterm Exam, ACCT 301 Week 4 Midterm Exam - DeVry, ACCT301, ACCT301 Week 4 Midterm Exam, ACCT301 Week 4 Midterm Exam - DeVry

Roofing Tips You Should Try Out

People usually don't look at the roof often until you will find a problem. Most people know hardly any on them, and whenever something goes wrong having a roof, it sure may be intimidating. Please read on to learn more about properly maintaining and caring for your personal roof.

While leaks sometimes could be due to shingles which can be faulty, it is additionally smart to talk with your roof's foundation also. Water will get into many areas that dry rot has occurred. Check all areas to be certain this doesn't happen.

Ask the homeowners who the roofer worked for the way they think about the quality and importance of the job, it is essential that you check out your potential contractor's history prior to deciding to hire.Once you've got them. You must look into a selection of their previous work. Drive past them and look at the task before deciding who to get.

Make certain that you're safely secured properly every time you climb on your roof.

It is crucial that you look at the references for any contractor you let them work towards the roof. Once given the references, check them out and get about value and quality in the work. You should also go and look for a selection of their previous work. Prior to selecting your roofer, drive past them and look at the task.

There are many important questions you have to ask the agreement signing. One question to question is the amount of nails that ought to be inserted into every shingle. Three nails usually insufficient. Inquire further in regards to what their policies and make sure you are pleased with the best solution they give is satisfactory. When they don't, find another roofer.

Make certain a roofer is correctly licensed. Do not trust the roofer to tell you the honest truth as to what he says. Contact your building department that you live and request them precisely what is needed.

Will not get upset if you fail to find resources for leaks with your roof leak. There are actually the original source eventually when you use a water hose, and utilizing a water hose plus a click here buddy system might help.If your property is large, utilize cellular phones for communication in order to avoid having water leaking into the house any more than necessary if you test various areas to get the leak.

There are many questions you'll must ask the roofer prior to hire him. One question to ask is the volume of nails they will invest each shingle. When the answers you get, three nails tend to be doesn't work.Ask them concerning their policies and make sure you are to discover. When the answers are poor, move on.

Insurance plans are something you must have in terms of this particular work. If you engage a roofer that may be not insured, it's planning to set you back. Don't simply inquire if your contractor is insured, comprehensive coverage.

Don't scrimp when choosing roofing materials. The first financial savings of low priced materials cannot outweigh the best option as they are able find yourself costing you more income in the future.

OSHA requirements state that roof specialist should develop safety plans. This plan is very important in assuring you to make sure that your roofing project will be completed correctly.

Get several quotes before getting a contractor to replace or repair the roofing. You will find companies out there that may make an effort to gouge the clientele. To make certain this may not be you, examine the market before deciding who to get.

Roof boots are an area of the roof that is certainly commonly ignored. These are found across the roof fence and can get dried out. At this point, they become vulnerable to leakage, so frequent replacement and inspection may be needed.

Not every contractors are identical, so choose wisely. Don't go for the splashiest ads. Recommendations actually is a great indicator of advertisement. Have a look at online reviews and talk with Roofing Tyler Tx Inc your friends.Take a look at a contractor's reputation with all the BBB and other groups.Employing a poor contractor could cost you thousands.

Get all paperwork to be able prior to hiring a contractor. Your roofer may need bonds or permits before they are able to touch the roof.

Determine your roof's age to find out if a minor repair or perhaps to get replaced. Knowing when you should hire a contractor and replace the roof is essentially-dependent on what age it really is.

Don't focus on a roof by yourself.

Read more about your alternatives for roofing materials. Each type has positives and cons. Metal is tougher to setup, however, and will not be by far the most visually attractive option. Shingles made from asphalt are less expensive and are easier to handle, but don't last as long. Other roofing materials to discover are wood and tile.

It is undeniable how the roof is among the most important facets of a home's structure. Unfortunately, not all homeowners realize exactly what enters into proper roof maintenance. This article has given you helpful information that should extend the life span of your own roof when put to great use.

The best Side of Out of state movers San Diego



GPS Moving and Storage
Address: 2402 Main Street, Suite A, Chula Vista, CA 91911
Phone: (888) 896-2086
(858) 779-1316

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We hired some regional movers to assist us pack up, at a rate of 3 persons for four hours for $250, and cringed a couple of occasions when they were stacking items into the boxes in approaches that we wouldn't have been comfy doing....but it worked. His entire life, Norbit (Murphy) has been picked on and place Storage Chula Vista / Reliable storage down, and after becoming bullied into marrying the most obnoxious woman in town (also Murphy) it appears as if that's the way things will stay until the day he dies. We have them too.. And Bumble Town movers and shakers (for what they're worth.. Long distance movers San Diego / relocting to a state full of their own collective set of extremely questionable anomalies). You have several important errands to run, all of which are all across town and would take hours to run on foot and by bus.

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