Accounting (ACC310F)
University Of Texas - Austin
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Atlanta Case
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Case study on the Atlanta School case
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Class notes for Anagene case
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Class notes for the Anagene case
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Homework #1
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CHAPTER 2 INTRODUCTION TO COST BEHAVIOR AND COST-VOLUME RELATIONSHIPS-HORNGREN TESTBANK
- Exam (elaborations) • 42 pages • 2021
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CHAPTER 2 
INTRODUCTION TO COST BEHAVIOR AND COST-VOLUME 
RELATIONSHIPS 
LEARNING OBJECTIVE 1 
1. On a day-to-day basis, managers must manage the activities required to make products and 
services. 
True 
2. Cost drivers are output measures of both resources and activities. 
True 
3. Cost behavior pertains to how costs affect the activities of an organization. 
False 
4. A key factor in controlling costs is associating costs with activities. 
True 
5. A good example of a cost driver for producti...
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Test Bank for Intermediate Accounting 10th Edition by Spiceland Nelson Thomas sample
- Exam (elaborations) • 82 pages • 2021
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Intermediate Accounting,10e (Spiceland) 
Chapter 2 Review of the Accounting Process Answer Key 
 
1) Owners' equity can be expressed as assets minus liabilities. 
 
Answer: TRUE 
Difficulty: 1 Easy 
Topic: Accounting equation 
Learning Objective: 02-01 Understand routine economic events-transactions-and determine their effects on a company's financial position and on specific accounts. 
Blooms: Remember 
AACSB: Reflective Thinking 
AICPA: BB Critical thinking 
 
2) Debits increase asse...
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Test Bank Intermediate Accounting 9th Edition by Spiceland , Nelson, Thomas
- Exam (elaborations) • 85 pages • 2021
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Intermediate Accounting, 9e (Spiceland) 
Chapter 2 Review of the Accounting Process Answer Key 
 
1) Owners' equity can be expressed as assets minus liabilities. 
 
Answer: TRUE 
Difficulty: 1 Easy 
Topic: Accounting equation 
Learning Objective: 02-01 Analyze routine economic events-transactions-and record their effects on a company's financial position using the accounting equation format. 
Bloom's: Remember 
AACSB: Reflective Thinking 
Accessible/AICPA: BB Critical thinking; Keyboa...
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Test Bank Modern Advanced Accounting in Canada, 9th Edition by Herauf, Hilton
- Exam (elaborations) • 60 pages • 2021
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Chapter 02 
Investments in Equity Securities 
 
 
 
Multiple Choice Questions 
 
1. Which of the following types of share investment does NOT qualify as a strategic investment? 
A. Significant influence investments. 
B. Joint Control investments. 
C. Investments without significant influence. 
D. Controlled investments. 
 
 
Accessibility: Keyboard Navigation 
Blooms: Remember 
Difficulty: Easy 
Learning Objective: 02-01 Describe the main changes in the reporting of equity investments over...
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Test Bank College Accounting A Contemporary Approach 5th Edition by Haddock, Price, Farina
- Exam (elaborations) • 33 pages • 2021
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Student name:__________ 
TRUE/FALSE - Write 'T' if the statement is true and 'F' if the statement is false. 
1)	The purpose of accounting is to provide financial information about a business. 
	⊚	true 
	⊚	false 
 
 
 
 
2)	A firm’s financial affairs are summarized in periodic reports called general ledgers. 
	⊚	true 
	⊚	false 
 
 
 
 
3)	In a sole proprietorship, the owner is NOT responsible for the debts of the business if the company is unable to pay. 
	⊚	true 
	⊚	fals...
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Test Bank College Accounting 1st Edition by Weygandt, Kimmel, Martin, Mitchell
- Exam (elaborations) • 50 pages • 2021
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CHAPTER 2 
 
THE ACCOUNTING EQUATION AND TRANSACTION ANALYSIS 
 
TRUE-FALSE STATEMENTS 
 
	1.	In order to possess future service potential, an asset must have physical substance. 
 
		Ans: F LO1 BT: K Difficulty: Easy TOT: .5 min. AACSB: None AICPA FC: Measurement Analysis and Interpretation Subtopic: Assets 
 
	2.	Owners' claims to total business assets take precedence over the claims of creditors because owners invest assets in the business and are liable for losses. 
 
		Ans: F ...
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