ACCT 212 Week 5 Quiz | Assignment Help | Devry University
- Devry University / ACCT 212
- 10 Sep 2018
- Price: $5
- Other / Other
ACCT 212 Week 5 Quiz | Assignment Help | Devry University
Question
1
3 / 3 pts
(TCO 6)
An example of an intangible asset is
Question
2
3 / 3 pts
(TCO 6)
The process of allocating the cost of a plant asset to expense over the period
in which the asset is used is called
Question
3
3 / 3 pts
(TCO 6)
All of the following are classified as natural resources and are depleted
except for
Question
4
3 / 3 pts
(TCO 6)
An investor who owns 25% of the outstanding stock of another company should
report the investment using the
Question
5
3 / 3 pts
(TCO 6)
Which of the following is not necessary to know in computing the future value
of an annuity?
Question
6
3 / 3 pts
(TCO 6) A current liability is a debt that can reasonably be expected to
be paid
Question
7
3 / 3 pts
(TCO 6)
Which of the liability accounts below is usually NOT an accrued liability?
Question
8
3 / 3 pts
(TCO 6)
If the market interest rate is greater than the stated interest rate, bonds will
sell
Question
9
3 / 3 pts
(TCO 6)
Bonds which are backed only by the good faith of the borrower are referred to
as
Question
10
3 / 3 pts
(TCO 6) A
disadvantage of using bonds as a method of long-term financing is that