Accounting Principles, 14th Edition Jerry J. Weygandt Test Bank

Document Content and Description Below

Test Bank for Accounting Principles, 14th Edition, Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso TEST BANK ISBN-13: 9781119707110 Full chapters included CHAPTER 1: Accounting in Action Acco... unting Activities and Users The Building Blocks of Accounting The Accounting Equation Analyzing Business Transactions The Four Financial Statements Appendix 1A Career Opportunities in Accounting Review and Practice Learning Objectives Review Glossary Review Practice Multiple-Choice Questions Practice Brief Exercises Practice Exercises Practice Problem End-of-Chapter Homework Material Questions Brief Exercises DO IT! Exercises Exercises Problems Continuing Case Ethics Case Expand Your Critical Thinking A Look at IFRS IFRS Practice CHAPTER 2: The Recording Process Accounts, Debits, and Credits The Journal The Ledger and Posting The Trial Balance Review and Practice Learning Objectives Review Glossary Review Practice Multiple-Choice Questions Practice Brief Exercises Practice Exercises Practice Problem End-of-Chapter Homework Material Questions Brief Exercises DO IT! Exercises Exercises Problems Continuing Case Ethics Case Expand Your Critical Thinking A Look at IFRS IFRS Practice CHAPTER 3: Adjusting the Accounts Accrual-Basis Accounting and Adjusting Entries Adjusting Entries for Deferrals Adjusting Entries for Accruals Adjusted Trial Balance and Financial Statements Appendix 3A Adjusting Entries for the Alternative Treatment of Deferrals Appendix 3B Financial Reporting Concepts Review and Practice Learning Objectives Review Glossary Review Practice Multiple-Choice Questions Practice Brief Exercises Practice Exercises Practice Problem End-of-Chapter Homework Material Questions Brief Exercises DO IT! Exercises Exercises Problems Continuing Case Ethics Case Expand Your Critical Thinking A Look at IFRS IFRS Practice CHAPTER 4: Completing the Accounting Cycle The Worksheet Closing the Books The Accounting Cycle and Correcting Entries Classified Balance Sheet Appendix 4A Reversing Entries Review and Practice Learning Objectives Review Glossary Review Practice Multiple-Choice Questions Practice Brief Exercises Practice Exercises Practice Problem End-of-Chapter Homework Material Questions Brief Exercises DO IT! Exercises Exercises Problems Continuing Case Ethics Case Comprehensive Accounting Cycle Review Expand Your Critical Thinking A Look at IFRS IFRS Practice CHAPTER 5: Accounting for Merchandising Operations Merchandising Operations and Inventory Systems Recording Purchases Under a Perpetual System Recording Sales Under a Perpetual System The Accounting Cycle for a Merchandising Company Multiple-Step Income Statement and Classified Balance Sheet Appendix 5A Merchandising Company Worksheet Appendix 5B Periodic Inventory System Review and Practice Learning Objectives Review Glossary Review Practice Multiple-Choice Questions Practice Brief Exercises Practice Exercises Practice Problem End-of-Chapter Homework Material Questions Brief Exercises DO IT! Exercises Exercises Problems Continuing Case Ethics Case Comprehensive Accounting Cycle Review Expand Your Critical Thinking A Look at IFRS IFRS Practice CHAPTER 5A: Accounting for Merchandising Operations (Periodic Approach) Merchandising Operations and Inventory Systems Recording Purchases Under a Periodic System Recording Sales Under a Periodic System The Accounting Cycle for a Merchandiser Multiple-Step Income Statement and Classified Balance Sheet Appendix 5A Merchandising Company Worksheet Appendix 5B Perpetual Inventory System Review and Practice Learning Objectives Review Glossary Review Practice Multiple-Choice Questions Practice Brief Exercises Practice Exercises Practice Problem End-of-Chapter Homework Material Questions Brief Exercises DO IT! Exercises Exercises Problems Continuing Case Ethics Case Comprehensive Accounting Cycle Review Expand Your Critical Thinking A Look at IFRS IFRS Practice CHAPTER 6: Inventories Classifying and Determining Inventory Inventory Methods and Financial Effects Effects of Inventory Errors Inventory Presentation and Analysis Appendix 6A Inventory Cost Flow Methods in Perpetual Inventory Systems Appendix 6B Estimating Inventories Review and Practice Learning Objectives Review Glossary Review Practice Multiple-Choice Questions Practice Brief Exercises Practice Exercises Practice Problem End-of-Chapter Homework Material Questions Brief Exercises DO IT! Exercises Exercises Problems Continuing Case Ethics Case Comprehensive Accounting Cycle Review Data Analytics in Action Expand Your Critical Thinking A Look at IFRS IFRS Practice CHAPTER 6A: Inventories (Perpetual Approach) Classifying and Determining Inventory Inventory Methods and Financial Effects Effects of Inventory Errors Inventory Presentation and Analysis Appendix 6A Inventory Cost Flow Methods in Periodic Inventory Systems Appendix 6B Estimating Inventories Review and Practice Learning Objectives Review Glossary Review Practice Multiple-Choice Questions Practice Brief Exercises Practice Exercises Practice Problems End-of-Chapter Homework Material Questions Brief Exercises DO IT! Exercises Exercises Problems Continuing Case Ethics Case Comprehensive Accounting Cycle Review Data Analytics in Action Expand Your Critical Thinking A Look at IFRS IFRS Practice CHAPTER 7: Accounting Information Systems Overview of Accounting Information Systems Subsidiary Ledgers Special Journals Review and Practice Learning Objectives Review Glossary Review Practice Multiple-Choice Questions Practice Brief Exercises Practice Exercises Practice Problem End-of-Chapter Homework Material Questions Brief Exercises DO IT! Exercises Exercises Problems Ethics Case Comprehensive Accounting Cycle Review Expand Your Critical Thinking A Look at IFRS CHAPTER 8: Fraud, Internal Control, and Cash Fraud and Internal Control Cash Controls Control Features of a Bank Account Reporting Cash Review and Practice Learning Objectives Review Glossary Review Practice Multiple-Choice Questions Practice Brief Exercises Practice Exercises Practice Problem End-of-Chapter Homework Material Questions Brief Exercises DO IT! Exercises Exercises Problems Continuing Case Ethics Case Comprehensive Accounting Cycle Review Data Analytics in Action Expand Your Critical Thinking A Look at IFRS IFRS Practice CHAPTER 9: Accounting for Receivables Recognition of Accounts Receivable Valuation and Disposition of Accounts Receivable Notes Receivable Presentation and Analysis of Receivables Review and Practice Learning Objectives Review Glossary Review Practice Multiple-Choice Questions Practice Brief Exercises Practice Exercises Practice Problem End-of-Chapter Homework Material Questions Brief Exercises DO IT! Exercises Exercises Problems Continuing Case Ethics Case Comprehensive Accounting Cycle Review Expand Your Critical Thinking A Look at IFRS IFRS Practice CHAPTER 10: Plant Assets, Natural Resources, and Intangible Assets Plant Asset Expenditures Depreciation Methods Plant Asset Disposals Natural Resources and Intangible Assets Statement Presentation and Analysis Appendix 10A Exchange of Plant Assets Review and Practice Learning Objectives Review Glossary Review Practice Multiple-Choice Questions Practice Brief Exercises Practice Exercises Practice Problem End-of-Chapter Homework Material Questions Brief Exercises DO IT! Exercises Exercises Problems Continuing Case Ethics Case Comprehensive Accounting Cycle Review Data Analytics in Action Expand Your Critical Thinking A Look at IFRS IFRS Practice CHAPTER 11: Current Liabilities and Payroll Accounting Accounting for Current Liabilities Reporting and Analyzing Current Liabilities Accounting for Payroll Appendix 11A Additional Fringe Benefits Review and Practice Learning Objectives Review Glossary Review Practice Multiple-Choice Questions Practice Brief Exercises Practice Exercises Practice Problem End-of-Chapter Homework Material Questions Brief Exercises DO IT! Exercises Exercises Problems Continuing Case Ethics Case Comprehensive Accounting Cycle Review Expand Your Critical Thinking A Look at IFRS IFRS Practice CHAPTER 12: Accounting for Partnerships Forming a Partnership Accounting for Net Income or Net Loss Liquidation of a Partnership Appendix 12A Admissions and Withdrawals of Partners Review and Practice Learning Objectives Review Glossary Review Practice Multiple-Choice Questions Practice Brief Exercises Practice Exercises Practice Problem End-of-Chapter Homework Material Questions Brief Exercises DO IT! Exercises Exercises Problems Continuing Case Ethics Case Data Analytics in Action Expand Your Critical Thinking CHAPTER 13: Corporations: Organization and Capital Stock Transactions Corporate Form of Organization Accounting for Stock Issuances Statement Presentation of Stockholders’ Equity Review and Practice Learning Objectives Review Glossary Review Practice Multiple-Choice Questions Practice Brief Exercises Practice Exercises Practice Problem End-of-Chapter Homework Material Questions Brief Exercises DO IT! Exercises Exercises Problems Continuing Case Ethics Case Comprehensive Accounting Cycle Review Expand Your Critical Thinking A Look at IFRS IFRS Practice CHAPTER 14: Corporations: Dividends, Retained Earnings, and Income Reporting Accounting for Dividends and Stock Splits Reporting and Analyzing Stockholders’ Equity Corporate Income Statements Appendix 14A Stockholders’ Equity Statement Appendix 14B Book Value per Share Review and Practice Learning Objectives Review Glossary Review Practice Multiple-Choice Questions Practice Brief Exercises Practice Exercises Practice Problem End-of-Chapter Homework Material Questions Brief Exercises DO IT! Exercises Exercises Problems Continuing Case Ethics Case Comprehensive Accounting Cycle Review Data Analytics in Action Expand Your Critical Thinking A Look at IFRS IFRS Practice CHAPTER 15: Long‐Term Liabilities Major Characteristics of Bonds Accounting for Bond Transactions Accounting for Long‐Term Notes Payable Reporting and Analyzing Long‐Term Liabilities Appendix 15A Straight‐Line Amortization Appendix 15B Effective‐Interest Amortization Review and Practice Learning Objectives Review Glossary Review Practice Multiple-Choice Questions Practice Brief Exercises Practice Exercises Practice Problem End-of-Chapter Homework Material Questions Brief Exercises DO IT! Exercises Exercises Problems Continuing Case Ethics Case Comprehensive Accounting Cycle Review Expand Your Critical Thinking A Look at IFRS IFRS Practice CHAPTER 16: Investments Accounting for Debt Investments Accounting for Stock Investments Reporting Investments in Financial Statements Review and Practice Learning Objectives Review Glossary Review Practice Multiple-Choice Questions Practice Brief Exercises Practice Exercises Practice Problem End-of-Chapter Homework Material Questions Brief Exercises DO IT! Exercises Exercises Problems Continuing Case Ethics Case Comprehensive Accounting Cycle Review Expand Your Critical Thinking A Look at IFRS IFRS Practice CHAPTER 17: Statement of Cash Flows Usefulness and Format of the Statement of Cash Flows Preparing the Statement of Cash Flows—Indirect Method Step 2: Investing and Financing Activities Analyzing the Statement of Cash Flows Appendix 17A Statement of Cash Flows—Direct Method Appendix 17B Worksheet for the Indirect Method Appendix 17C Statement of Cash Flows—T-Account Approach Review and Practice Learning Objectives Review Glossary Review Practice Multiple-Choice Questions Practice Brief Exercises Practice Exercises Practice Problem End-of-Chapter Homework Material Questions Brief Exercises DO IT! Exercises Exercises Problems Continuing Case Ethics Case Data Analytics in Action Expand Your Critical Thinking A Look at IFRS IFRS Practice CHAPTER 18: Financial Analysis: The Big Picture Sustainable Income and Quality of Earnings Horizontal Analysis and Vertical Analysis Ratio Analysis Review and Practice Learning Objectives Review Glossary Review Practice Multiple-Choice Questions Practice Brief Exercises Practice Exercises Practice Problem End-of-Chapter Homework Material Questions Brief Exercises DO IT! Exercises Exercises Problems Continuing Case Ethics Case Expand Your Critical Thinking Comparative Analysis Problem: PepsiCo, Inc. vs. The Coca‐Cola Company Comparative Analysis Problem: Amazon.com, Inc. vs. Walmart Inc. Real‐World Focus Decision‐Making Across the Organization Communication Activity All About You FASB Codification Activity A Look at IFRS IFRS Practice CHAPTER 19: Managerial Accounting Just Add Water … and Paddle Managerial Accounting Basics Managerial Cost Concepts Manufacturing Costs in Financial Statements Managerial Accounting Today Review and Practice Learning Objectives Review Glossary Review Practice Multiple-Choice Questions Practice Brief Exercises Practice Exercises Practice Problem End-of-Chapter Homework Material Questions Brief Exercises DO IT! Exercises Exercises Problems Continuing Case: Current Designs Continuing Case: Waterways Corporation Data Analytics in Action Expand Your Critical Thinking CHAPTER 20: Job Order Costing Profiting from the Silver Screen Cost Accounting Systems Assigning Manufacturing Costs Predetermined Overhead Rates Entries for Jobs Completed and Sold Applied Manufacturing Overhead Review and Practice Learning Objectives Review Glossary Review Practice Multiple-Choice Questions Practice Brief Exercises Practice Exercises Practice Problem End-of-Chapter Homework Material Questions Brief Exercises DO IT! Exercises Exercises Problems Continuing Case: Current Designs Continuing Case: Waterways Corporation Comprehensive Case Data Analytics in Action Expand Your Critical Thinking CHAPTER 20A: Job Order Costing: Non-Debitand-Credit Approach Profiting from the Silver Screen Cost Accounting Systems Assigning Manufacturing Costs Predetermined Overhead Rates Jobs Completed and Sold Applied Manufacturing Overhead Review and Practice Learning Objectives Review Glossary Review Practice Multiple-Choice Questions Practice Brief Exercises Practice Exercises Practice Problem End-of-Chapter Homework Material Questions Brief Exercises DO IT! Exercises Exercises Problems Continuing Case: Current Designs Continuing Case: Waterways Corporation Comprehensive Case Data Analytics in Action Expand Your Critical Thinking CHAPTER 21: Process Costing The Little Guy Who Could Overview of Process Cost Systems Process Cost Flow and Assigning Costs Equivalent Units The Production Cost Report Appendix 21A FIFO Method for Equivalent Units Review and Practice Learning Objectives Review Glossary Review Practice Multiple-Choice Questions Practice Brief Exercises Practice Exercises Practice Problem End-of-Chapter Homework Material Questions Brief Exercises DO IT! Exercises Exercises Problems Continuing Case: Current Designs Continuing Case: Waterways Corporation Expand Your Critical Thinking CHAPTER 21A: Process Costing: Non-Debit-and-Credit Approach The Little Guy Who Could Overview of Process Cost Systems Process Cost Flow and Assigning Costs Equivalent Units The Production Cost Report Appendix 21A FIFO Method for Equivalent Units Review and Practice Learning Objectives Review Glossary Review Practice Multiple-Choice Questions Practice Brief Exercises Practice Exercises Practice Problem End-of-Chapter Homework Material Questions Brief Exercises DO IT! Exercises Exercises Problems Continuing Cases: Current Designs Continuing Cases: Waterways Corporation Expand Your Critical Thinking CHAPTER 22: Cost-Volume-Profit Don’t Worry—Just Get Big Cost Behavior Analysis Mixed Costs Analysis Cost-Volume-Profit Analysis Break-Even Analysis Target Net Income and Margin of Safety Appendix 22A Regression Analysis Review and Practice Learning Objectives Review Glossary Review Practice Multiple-Choice Questions Practice Brief Exercises Practice Exercises Practice Problem End-of-Chapter Homework Material Questions Brief Exercises DO IT! Exercises Exercises Problems Continuing Case: Current Designs Continuing Case: Waterways Corporation Data Analytics in Action Expand Your Critical Thinking CHAPTER 23: Incremental Analysis Keeping It Clean Decision-Making and Incremental Analysis Special Orders Make or Buy Sell or Process Further Repair, Retain, or Replace Equipment Eliminate Unprofitable Segment or Product Review and Practice Learning Objectives Review Glossary Review Practice Multiple-Choice Questions Practice Brief Exercises Practice Exercises Practice Problem End-of-Chapter Homework Material Questions Brief Exercises DO IT! Exercises Exercises Problems Continuing Cases: Current Designs Continuing Cases: Waterways Corporation Expand Your Critical Thinking CHAPTER 24: Budgetary Planning What’s in Your Cupcake? Effective Budgeting and the Master Budget Sales, Production, and Direct Materials Budgets Direct Labor, Manufacturing Overhead, and S&A Expense Budgets Cash Budget and Budgeted Balance Sheet Budgeting in Nonmanufacturing Companies Review and Practice Learning Objectives Review Glossary Review Practice Multiple-Choice Questions Practice Brief Exercises Practice Exercises Practice Problem End-of-Chapter Homework Material Questions Brief Exercises DO IT! Exercises Exercises Problems Continuing Case: Current Designs Continuing Case: Waterways Corporation Data Analytics in Action Expand Your Critical Thinking CHAPTER 25: Budgetary Control and Responsibility Accounting Pumpkin Madeleines and a Movie Budgetary Control and Static Budget Reports Flexible Budget Reports Responsibility Accounting and Responsibility Centers Investment Centers Appendix 25A ROI versus Residual Income Review and Practice Learning Objectives Review Glossary Review Practice Multiple-Choice Questions Practice Brief Exercises Practice Exercises Practice Problem End-of-Chapter Homework Material Questions Brief Exercises DO IT! Exercises Exercises Problems Continuing Case: Current Designs Continuing Case: Waterways Corporation Data Analytics in Action Expand Your Critical Thinking CHAPTER 26: Standard Costs and Balanced Scorecard 80,000 Different Caffeinated Combinations Direct Materials Variances Direct Labor and Manufacturing Overhead Variances Variance Reports and Balanced Scorecards Appendix 26A Standard Cost Accounting System Appendix 26B Overhead Controllable and Volume Variances Review and Practice Learning Objectives Review Glossary Review Practice Multiple-Choice Questions Practice Brief Exercises Practice Exercises Practice Problem End-of-Chapter Homework Material Questions Brief Exercises DO IT! Exercises Exercises Problems Continuing Case: Current Designs Continuing Case: Waterways Corporation Data Analytics in Action Expand Your Critical Thinking CHAPTER 27: Planning for Capital Investments Floating Hotels Capital Budgeting and Cash Payback Net Present Value Method Capital Budgeting Challenges and Refinements Internal Rate of Return Annual Rate of Return Review and Practice [Show More]

Last updated: 1 year ago

Preview 1 out of 1947 pages