ACCOUNTING 333
Salt Lake Community College
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ACCOUNTING 333 CHAPTER 1 PRACTICE QUIZ | GRADED A
- Exam (elaborations) • 5 pages • 2021
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ACCOUNTING 333 CHAPTER 1 PRACTICE QUIZ 
The treasurer and the controller of a corporation generally report to the: 
o	president. 
o	board of directors. 
o	chief executive officer. 
o	chief financial officer. 
o	chairman of the board. 
2. Which one of these best describes the key difference between the duties of the controller and those of the treasurer? 
o	Separation of duties related to assets versus those related to debt and equity 
o	Separation of authority over tax records versus accounting...
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ACCOUNTING 333 CHAPTER 3 PRACTICE QUIZ | COMPLETE GUIDE
- Exam (elaborations) • 6 pages • 2021
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ACCOUNTING 333 CHAPTER 3 PRACTICE QUIZ. 
1. Financial ratios that measure a firm's ability to pay its bills over the short run without undue stress are often referred to as: 
o	asset management ratios. 
o	liquidity measures. 
o	leverage ratios. 
o	profitability ratios. 
o	utilization ratios. 
 
2. Which one of these measures a firm's long-run ability to meet its obligations? 
o	Cash ratio 
o	Total asset turnover 
o	Quick ratio 
o	Return on equity 
o	Equity multiplier 
 
3. Which ratio measu...
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