Devry university Study guides, Class notes & Summaries

1. The advantages of a corporation compared to a sole proprietorship or partnership include: Lower total taxes. The ability of stockholders to make operating decisions for their company. Limited liability. Less paper work. 2. Preferred stock is called preferred because it usually has two preferences over common stock. These preferences relate to: Dividends and voting rights. Par value and dividends. The preemptive right and voting rights. Dividends and distribution of assets if the co...

ACCT 212 WEEK 1 QUIZ 1. (TCO 1) The type of accounting that makes projections to determine if a company should build a new store is (Points : 3) financial accounting. business accounting. manage rial accounting. projection accounting. 0 0 MultipleChoice 3 Question 2. 2. (TCO 1) Which type of business organization transacts the most business and is the largest in terms of assets, income, and number of employees? (Points : 3) Proprietorship Partnership Limited-liability company Corporation 0 1 Mul...

Question: The advantages of a corporation … to a sole proprietorship or partnership include: Question: Preferred stock is called … because it usually has two preferences over common stock. These preferences relate to: Question: When a company issues 35,000 shares of $3 par value common stock for $30 per share, the journal entry for this issuance would include: Question: Environmental Designs issues 5,000 shares of its $1 par value common stock at $18 per share. (1) Record the issuance of the...

Question 1 2 / 2 pts (CO 4) Consider the following table: Age Group Frequency 18-29 983 30-39 784 40-49 686 50-59 632 60-69 541 70 and over 527 If you created the probability distribution for these data, what would be the probability of 30-39? 0.189 0.237 0.425 0.165 Question 2 2 / 2 pts (CO 4) Consider the following table of hours worked by part-time employees. These employees must work in 5 hour blocks. Weekly hours worked Probability 5 0.06 15 0.61 20 0.18 25 0.15 Fin...

ACCT 212 WEEK 1 QUIZ 1. (TCO 1) The type of accounting that makes projections to determine if a company should build a new store is (Points : 3) financial accounting. business accounting. manage rial accounting. projection accounting. 0 0 MultipleChoice 3 Question 2. 2. (TCO 1) Which type of business organization transacts the most business and is the largest in terms of assets, income, and number of employees? (Points : 3) Proprietorship Partnership Limited-liability company Corporation 0 1 Mul...

Consider when businesses might use confidence intervals to estimate values, such asin sales projections, marketing results, and so forth. Describe a business decision thatcould be helped with confidence intervals. Be specific! Then create a problem withnumbers from which another student could calculate a confidence interval and make adecision.

Question 1 0 / 2 pts (CO 1) A survey of 385 people who like wild sweaters found that 74% had a wild holiday sweater. What is the population and what is the sample? Population: people who like wild sweaters: Sample: the 385 people who had a wild holiday sweater Population: people who like sweaters; Sample: the 74% that had a wild holiday sweater Population: people who like wild sweaters; Sample: the 385 people who like wild sweaters Population: people who like wild sweaters; Sample: the ...

Question: The advantages of a corporation … to a sole proprietorship or partnership include: Question: Preferred stock is called … because it usually has two preferences over common stock. These preferences relate to: Question: When a company issues 35,000 shares of $3 par value common stock for $30 per share, the journal entry for this issuance would include: Question: Environmental Designs issues 5,000 shares of its $1 par value common stock at $18 per share. (1) Record the issuance of the...

Question: The Sarbanes-Oxley Act of 2002 applies to all companies that: Question: Consistent with the COSO framework, an effective internal control system includes the control environment. The contro l environment refers to: Question: Effective internal control over cash includes the requirement that: Question: The Sarbanes-Oxley Act (SOX) mandates which of the following? Question: The component of internal control that includes the policies and procedures that help ensure that management’s di...

SCI 228 Final Exam (TCO 1) The second step of the scientific method is: observation and description of a phenomenon. testing a research question or hypothesis. generating a hypothes is. collecting data. (TCO 1) Which of the following is TRUE regarding the science of nutrition? As compared to many other scientific disciplines, nutrition is a young science. Discoveries by the first nutritional scientists established the connection between deficiencies and illness. In developed countries, current r...