Acct 505 week 8 - Study guides, Class notes & Summaries
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Fundamental Payroll Certification 88 Questions with Verified Answers Spring 2023,100% CORRECT
- Exam (elaborations) • 10 pages • 2024
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Fundamental Payroll Certification 88 Questions with Verified Answers Spring 2023 
 
2 separate w-3's - CORRECT ANSWER Form 1096 
 
1 consolidated Form w-3 
 
Form 8279 
 
2 separate w-3's 
 
general valuation rule - CORRECT ANSWER actual market value 
 
actual cash value 
 
general valuation rule 
 
implied benefit rule 
 
employee - CORRECT ANSWER Independent contractor 
 
w-4 exempt 
 
employee 
 
exempt from FLSA 
 
$150 - CORRECT ANSWER $0 
 
$150 
 
$165 
 
$210 
 
written authorization -...
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Test Bank For College Accounting A Career Approach 12e Cathy J Scott
- Exam (elaborations) • 409 pages • 2023
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Chapter 03 
1. Which of the following is/are not true about a proper journal entry? 
a. An explanation is needed immediately after each debit and immediately after each 
credit. 
b. All credits are indented. 
c. A debit is never indented, even if a liability or owner's equity account is involved. 
d. All debits are listed before the first credit. 
e. In a compound entry, the largest amounts are listed first. 
ANSWER: 
POINTS: 
DIFFICULTY: 
LEARNING OBJECTIVES: NATIONAL STANDARDS: STATE STANDARD...
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Fundamental Payroll Certification 88 Questions with Verified Answers Spring 2023,100% CORRECT
- Exam (elaborations) • 10 pages • 2024
-
- $11.39
- + learn more
Fundamental Payroll Certification 88 Questions with Verified Answers Spring 2023 
 
2 separate w-3's - CORRECT ANSWER Form 1096 
 
1 consolidated Form w-3 
 
Form 8279 
 
2 separate w-3's 
 
general valuation rule - CORRECT ANSWER actual market value 
 
actual cash value 
 
general valuation rule 
 
implied benefit rule 
 
employee - CORRECT ANSWER Independent contractor 
 
w-4 exempt 
 
employee 
 
exempt from FLSA 
 
$150 - CORRECT ANSWER $0 
 
$150 
 
$165 
 
$210 
 
written authorization -...
-
ACCT 505 WEEK 8: FINAL EXAM GUIDE
- Exam (elaborations) • 11 pages • 2022
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ACCT 505 WEEK 8: FINAL EXAM GUIDE 
1. (TCO E) Complying with regulations is a(n) (Points : 5) 
 batch-level activity. 
 product-level activity. 
 unit-level activity. 
 organization sustaining activity. 
2. (TCO G) Given the following data, what would ROI be? 
Sales $90,000 
Net operating income $18,000 
Contribution margin $40,000 
Average operating assets $100,000 
Stockholder's equity $250,000 
(Points : 5) 
 7.2% 
 20.0% 
 18.0% 
 44.4% 
Page 2 
1. (TCO C) Madlem, Inc., produces and sells a...
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ACCT 505 WEEK 8: FINAL EXAM GUIDE
- Exam (elaborations) • 11 pages • 2022
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ACCT 505 WEEK 8: FINAL EXAM GUIDE 
1. (TCO E) Complying with regulations is a(n) (Points : 5) 
batch-level activity. 
product-level activity. 
unit-level activity. 
organization sustaining activity. 
2.
Want to regain your expenses?
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ACCT 505 WEEK 8: FINAL EXAM GUIDE
- Exam (elaborations) • 10 pages • 2022
-
- $9.94
- + learn more
ACCT 505 WEEK 8: FINAL EXAM GUIDE 
1. (TCO E) Complying with regulations is a(n) (Points : 5) 
batch-level activity. 
product-level activity. 
unit-level activity. 
organization sustaining activity. 
2. (TCO G) Given the following data, what would ROI be? 
Sales $90,000 
Net operating income $18,000 
Contribution margin $40,000 
Average operating assets $100,000 
Stockholder's equity $250,000 
(
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ACCT 505 WEEK 8 FINAL EXAM GUIDE
- Exam (elaborations) • 11 pages • 2021
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- $7.49
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ACCT 505 WEEK 8 FINAL EXAM GUIDE
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ACCT 505 Week 8 Final Exam (Version 4)-With Answers - Devry University|Latest|-2021
- Exam (elaborations) • 10 pages • 2021
- Available in package deal
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- $9.49
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ACCT 505 Week 8 Final Exam (Version 4)-With Answers - Devry University|Latest| 
 
ACCT 505 Week 8 Final Exam (Version 4)-With Answers - Devry University|Latest|ACCT 505 Week 8 Final Exam (Version 4)-With Answers - Devry University|Latest|(TCO E) Preparing purchase orders is a(n) (Points : 5) batch-level activity. product-level activity. unit-level activity. organization sustaining activity.(TCO G) Given the following data, what would ROI be? Sales $70,000 Net operating income $10,000 Contributio...
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ACCT 505 Week 8 Final Exam (Version 4)-With Answers - Devry University|Latest|-2021
- Exam (elaborations) • 10 pages • 2021
- Available in package deal
-
- $8.99
- + learn more
ACCT 505 Week 8 Final Exam (Version 4)-With Answers - Devry University|Latest| 
 
ACCT 505 Week 8 Final Exam (Version 4)-With Answers - Devry University|Latest|ACCT 505 Week 8 Final Exam (Version 4)-With Answers - Devry University|Latest|(TCO E) Preparing purchase orders is a(n) (Points : 5) batch-level activity. product-level activity. unit-level activity. organization sustaining activity.(TCO G) Given the following data, what would ROI be? Sales $70,000 Net operating income $10,000 Contributio...
-
ACCT 505 Week 8 Final Exam (Version 5)-With Answers - Devry University|Latest|
- Exam (elaborations) • 7 pages • 2021
- Available in package deal
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- $9.49
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TCO F) Sandler Corporation bases its predetermined overhead rate on the estimated machine hours for the upcoming year. Data for the upcoming year appear below……………….. (TCO C) Enciso Corporation is preparing its cash budget for November. The budgeted beginning cash balance is $31,000. Budgeted cash receipts total $135,000 and budgeted cash disbursements total $141,000. The desired ending cash balance is $50,000. The company can borrow up to $100,000 at any time from a local bank, with...
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