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COMM 217 Bundled Exam Questions and CORRECT Answers
COMM 217 Bundled Exam Questions and CORRECT Answers
[Show more]COMM 217 Bundled Exam Questions and CORRECT Answers
[Show more]COMM 217 Final UPDATED Actual 
Exam Questions and CORRECT Answers 
Statement of financial position (balance sheet) - CORRECT ANSWER- 1. Assets 
2. Liabilities 
3. Shareholder's Equity 
Statement of Earnings (Income Statement) - CORRECT ANSWER- 1. Revenues 
2. Expense
Preview 2 out of 6 pages
Add to cartCOMM 217 Final UPDATED Actual 
Exam Questions and CORRECT Answers 
Statement of financial position (balance sheet) - CORRECT ANSWER- 1. Assets 
2. Liabilities 
3. Shareholder's Equity 
Statement of Earnings (Income Statement) - CORRECT ANSWER- 1. Revenues 
2. Expense
COMM 217 Final MC Actual Exam 
Questions and CORRECT Answers 
Under the accrual basis of accounting, 
a. cash must be received before revenue is recognized. 
b. profit is calculated by matching cash outflows against cash inflows. 
c. events that change a company's financial statements are recogniz...
Preview 2 out of 12 pages
Add to cartCOMM 217 Final MC Actual Exam 
Questions and CORRECT Answers 
Under the accrual basis of accounting, 
a. cash must be received before revenue is recognized. 
b. profit is calculated by matching cash outflows against cash inflows. 
c. events that change a company's financial statements are recogniz...
COMM 217 Midterm PASSED Actual 
Exam Questions and CORRECT Answers 
According to the text, which of the following is NOT a necessary characteristic of 
interpersonal communication? 
a. It defines relationships. 
b. It happens over time. 
c. It relates to intimate information. 
d. It occurs between...
Preview 2 out of 15 pages
Add to cartCOMM 217 Midterm PASSED Actual 
Exam Questions and CORRECT Answers 
According to the text, which of the following is NOT a necessary characteristic of 
interpersonal communication? 
a. It defines relationships. 
b. It happens over time. 
c. It relates to intimate information. 
d. It occurs between...
COMM 217 Midterm UPDATED Actual 
Exam Questions and CORRECT Answers 
What is financial accounting? - CORRECT ANSWER- It includes financial reports and 
taxation of transactions made by external users, investors, companies, owners. 
What is managerial accounting? - CORRECT ANSWER- It is used to ind...
Preview 2 out of 8 pages
Add to cartCOMM 217 Midterm UPDATED Actual 
Exam Questions and CORRECT Answers 
What is financial accounting? - CORRECT ANSWER- It includes financial reports and 
taxation of transactions made by external users, investors, companies, owners. 
What is managerial accounting? - CORRECT ANSWER- It is used to ind...
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