ACCT.ACBSP.APC.02 - GAAP ACCREDITING STANDARDS: ACCT.ACBSP.APC.06 - Recording TransactionsACCT.AICPA.FN.03 - Measurement BUSPROG: Analytic Which one of the statements below is nota purpose for the journal? to show increases and decreases in accounts to show a chronological order by date to show a complete transaction in one place to help locate errors a ANSWER: Moderate DIFFICULTY: Bloom's: Remembering FNMN.WARD.16.02-02 - LO: 02-02 LEARNING OBJECTIVES: ACCT.ACBSP.APC.01 - Purpose ACCREDITING STANDARDS: ACCT.ACBSP.APC.06 - Recording TransactionsACCT.AICPA.FN.03 - Measurement BUSPROG: Analytic A credit may signify a decrease in assets decrease in liabilities decrease in common stock decrease in revenue a ANSWER: Moderate DIFFICULTY: Bloom's: Remembering FNMN.WARD.16.02-02 - LO: 02-02 LEARNING OBJECTIVES: ACCT.ACBSP.APC.02 - GAAP ACCREDITING STANDARDS: ACCT.ACBSP.APC.06 - Recording TransactionsACCT.AICPA.FN.03 - Measurement BUSPROG: Analytic A debit signifies a decrease in assets expenses dividends revenues d ANSWER: Moderate DIFFICULTY: Bloom's: Remembering FNMN.WARD.16.02-02 - LO: 02-02 LEARNING OBJECTIVES:
ACCREDITING STANDARDS: ACCT.ACBSP.APC.02 - GAAP ACCT.ACBSP.APC.06 - Recording TransactionsACCT.AICPA.FN.03 - Measurement BUSPROG: Analytic Which one of the statements below is nota purpose for the journal? to show increases and decreases in accounts to show a chronological order by date to show a complete transaction in one place to help locate errors ANSWER: a DIFFICULTY: Moderate Bloom's: Remembering LEARNING OBJECTIVES: FNMN.WARD.16.02-02 - LO: 02-02 ACCREDITING STANDARDS: ACCT.ACBSP.APC.01 - Purpose ACCT.ACBSP.APC.06 - Recording TransactionsACCT.AICPA.FN.03 - Measurement BUSPROG: Analytic A credit may signify a decrease in assets decrease in liabilities decrease in common stock decrease in revenue ANSWER: a DIFFICULTY: Moderate Bloom's: Remembering LEARNING OBJECTIVES: FNMN.WARD.16.02-02 - LO: 02-02 ACCREDITING STANDARDS: ACCT.ACBSP.APC.02 - GAAP ACCT.ACBSP.APC.06 - Recording TransactionsACCT.AICPA.FN.03 - Measurement BUSPROG: Analytic A debit signifies a decrease in assets expenses dividends revenues ANSWER: d DIFFICULTY: Moderate Bloom's: Remembering LEARNING OBJECTIVES: FNMN.WARD.16.02-02 - LO: 02-02
Financial-Managerial-Accounting-13th-Edition-Test-Bank-Warren-Reeve-Duchac.docx