Acct – 4900 Study guides, Class notes & Summaries
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ACCT 2401 ALL ONLINE TEST ACCOUTING QUESTIONS AND ANSWERS AVAILABLE 2022-2023
- Exam (elaborations) • 58 pages • 2023
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ACCT 2401 
ALL ONLINE TEST ACCOUTING 
QUESTIONS AND ANSWERS AVAILABLE 
2022-2023 
 
• 
If total sales is $90000, office expenses is $30000 and rent expense is $15000, profit or loss is which of the following? 
Selected	 
Answer:	$45000 profit 
Answers:	 
$45000 profit 
$45000 loss 
$75000 loss 
$75000 profit 
Feedback: Profit equals $45000 = ($90000 – $30000 – $15000). Learning Objective 2.3 ~ outline the basic financial statements used in business to report to users for decision-making ...
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ACCT – 4900 Accounting Capstone Project A Strategic Examination, Part 1 complete updated solution
- Exam (elaborations) • 14 pages • 2020
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ACCT – 4900 Accounting Capstone Project A Strategic Examination, Part 1 complete updated solution










Research the issues regarding client risk, independence, and audit reports as they applied to the relationship between Arthur Andersen and Enron during 2000, 2001, and 2002.
Research the auditing standards that were applicable to the Enron audits and were violated by Arthur Andersen during the 2000, 2001, and 2002 audit reports.
Research the accounting policies regarding business combina...
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