AC499 Midterm
in Accounting by neel
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Grade Details - All Questions
1.
Question :
The role of accounting in business is best defined as
Student Answer:
an information system that provides reports to stakeholders about the economic activities and condition of a business.
a method of forecasting the future profitability of a company.
the policies, procedures, and strategies used in a business.
transaction analysis.
Points Received:
2 of 2
Comments:
2.
Question :
The following are examples of internal stakeholders EXCEPT:
Student Answer:
managers.
creditors.
employees.
All of these are internal stakeholders.
Points Received:
2 of 2
Comments:
3.
Question :
More than 70% of businesses are organized as what type of business?
Student Answer:
Community Not-for-profit...
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Published On:
06/08/2015
Print Length:
3 page(s)
Word Count:
970
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ac499-midterm-75.docx
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