acc 280 final exam (5th set) 40 questions

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ACC 280 final exam. P.s. Your questions will be chosen randomly from a large set of questions. Nobody can guarantee that these questions will cover completely your exam. If I helped you please leave "a" feedback (i need it very much). Thank you and good luck.

  1. Accountants refer to an economic event as a

A. Purchase. B. Sale. C. Transaction. D. Change in ownership.

  1. The process of recording transactions has become more efficient because

A. Fewer events can be quantified in financial terms. B. Computers are used in processing business events. C. More people have been hired to record business transactions. D. Business events are recorded only at the end of the year.

  1. Communication of economic events is the part of the accounting process that involves

A. Identifying...

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