ACC201 Test 3

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27 Questions - Developed by: Karli - Developed on: - 3.982 taken

Multiple Choice section

  • 1
    Corporations invest excess cash for short periods of time in each of the following except
  • 2
    Corporations invest in other companies for all of the following reasons except to
  • 3
    A typical investment to house excess cash until needed is
  • 4
    A company may purchase a non controlling interest in another firm in a related industry
  • 5
    Pension funds and mutual funds regularly invest in debt and stock securities primarily to
  • 6
    At the time of acquisition of a debt investment
  • 7
    Which of the following is not a true statement regarding short-term investments?
  • 8
    The statement of cash flows should help investors and creditors assess each of the following except the
  • 9
    The statement of cash flows
  • 10
    Which of the following items is not generally used in preparing a statement of cash flows?
  • 11
    The primary purpose of the statement of cash flows is to
  • 12
    If a company reports a net loss, it
  • 13
    In addition to the three basic financial statements, which of the following is also a required financial statement?
  • 14
    The statement of cash flows will not report the
  • 15
    The statement of cash flows reports each of the following except
  • 16
    Each of the following are particularly interested in the statement of cash flows except
  • 17
    Lending money and collecting loans are
  • 18
    Which one of the following is primarily interested in the liquidity of a company?
  • 19
    Which one of the following is not a characteristic generally evaluated in analyzing financial statements?
  • 20
    In analyzing the financial statements of a company, a single item on the financial statements
  • 21
    Short-term creditors are usually most interested in evaluating
  • 22
    Long-term creditors are usually most interested in evaluating
  • 23
    Stockholders are most interested in evaluating
  • 24
    A stockholder is interested in the ability of a firm to
  • 25
    Comparisons of financial data made within a company are called
  • 26
    A technique for evaluating financial statements that expresses the relationship among selected items of financial statement data is
  • 27
    Which one of the following is not a tool in financial statement analysis?

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