Scribd Logo
Upload

Welcome to Scribd!

  • 23 views

    Accounting Fundamentals II: Quizzes: Lesson 9 Quiz Results

    Uploaded by

    gretatamara
    Accounting

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Accounting Fundamentals II: Quizzes: Lesson 9 Quiz Results

    Uploaded by

    gretatamara
    23 views2 pages
    Accounting

    Original Title

    L09-quizeval

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Accounting

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    23 views2 pages

    Accounting Fundamentals II: Quizzes: Lesson 9 Quiz Results

    Uploaded by

    gretatamara
    Accounting

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    Accounting Fundamentals II: quizzes: lesson 9 quiz results Page 1 of 2

    Resources Lessons Quizzes Assignments Discussion Completion

    Accounting Fundamentals II
    quizzes: lesson 9 quiz results

    Lesson 9 Quiz Results

    Important: This quiz uses a diminishing multiple choice format. What this means is that if
    you miss a question, this evaluation page will explain why the answer you selected was
    incorrect. The evaluation has been carefully designed so that it will not identify the correct
    answer unless you choose that answer yourself. If you want a better quiz score, you are
    expected to return to your lesson, review the material, and then take the quiz again.

    Please understand that it would be very easy for me to just spoon-feed you the correct
    answers each time you miss a question. But if I were to do so, then you would become
    dependent on me. In the long run, that approach would do more harm than good.

    I want you to leave this class with a solid understanding of this material and the
    independence to solve your own problems. This quiz evaluation page has been specifically
    engineered to fit my teaching philosophy.

    Thank you,

    -Your Instructor

    Evaluation of your answers:

    1. How is the component percentage for expenses determined?

    You chose: By dividing the total expenses by the net sales.

    Correct! The component percentage for expenses is determined by


    dividing the total expenses by the net sales.

    2. What must be done to arrive at the net sales figure?

    You chose: Subtract the sales discount and sales returns and
    allowances figures from the total sales.

    Correct! To arrive at the net sales figure, you would subtract the sales
    discount and sales returns and allowances figures from the total sales.

    3. What would a new office computer be classified as?

    You chose: A plant asset.

    Correct! A office computer would be classified as a plant asset.

    4. What is an acceptable component percentage for a corporation's net income before


    federal income tax?

    https://www.ed2go.com/cgi-bin/classroom/quizeval2.cgi 8/10/2007
    Accounting Fundamentals II: quizzes: lesson 9 quiz results Page 2 of 2

    You chose: Not less than 6.5%.

    Correct! An acceptable component percentage for a corporation's net


    income before federal income tax is not less than 6.5%

    5. What classifications of accounts are shown on a Balance Sheet?

    You chose: Assets, Liabilities, and Stockholders' Equity.

    Correct! The classifications of accounts shown on a Balance Sheet are


    Assets, Liabilities, and Stockholders' Equity.

    Your score: 100% (out of 100%). Excellent job!

    Quiz 9
    Date submitted: 08/10/2007

    Please print this evaluation for your records.

    resources | lessons | quizzes | assignments | discussion | completion


    Course content © 1997-2007 by Charlene Messier. All rights reserved. Reproduction or redistribution
    of any course material without prior written permission is prohibited.

    https://www.ed2go.com/cgi-bin/classroom/quizeval2.cgi 8/10/2007

    You might also like

    pFad - Phonifier reborn

    Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

    Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


    Alternative Proxies:

    Alternative Proxy

    pFad Proxy

    pFad v3 Proxy

    pFad v4 Proxy