multiple choice questions

hin ? 10 | 11 | 12 13 14 | 15.1.16 17 18 1 11. Three of the following could account for a difference between the bank balance and the company's balance. Which Is NOT a reason? A. A delay by either the company or the bank in recording transactions B. Errors made by either the company or the bank C. Transactions that the company will not know about until the statement is received D. Checks that have already cleared 12.Where is the adjustment to a company's cash balance reported? A. General ledger B. Income Statement C. Cash Flow Statement D. Statement of owner's equity as part of the 13.Deposits not received are added to reconciliation. A. The bank's balance B. The company's balance 14. The ratio of liabilities to stockholders' equity for a company is as follows... 2019 2018 Total liabilities $ 550,000 $400,000 Total Stockholders' equity $ 900,000 $700,000 Ratio of liabilities to stockholders' equity in which year, was the company more solvent? A. 2019 B. 2018 1208 Words English (US) Emphasis 15. Which ratio of common stock measures the prospects for a company's future earnings? A. Dividends per share B. Earnings per share C. Working capital D. Price-Earnings Ratio 16. Which type of Audit Opinion indicates that the financial statements have been fairly presented? A. Qualified Opinion B. Red Flag Opinion C. Unspecified Opinion D. Unqualified Opinion 17. Comparing dividends per share and earnings per share indicates the extent to which earnings are being retained for use in operations. A. True B. False 18. The Lessor is the party to whom the rights to use an asset are granted. A. True B. False 19. Which of the following is not a benefit of Managerial Accounting? A. Provides the cost of manufacturing a product B. Produces financial statements for external parties C. Analyzes potential efficiencies from automation D. Analyzes how many units need to be sold to cover expenses 20. The type of Managerial Accounting that focuses on social and environmental impacts is known as: A. Profitability B. Sustainability C. Solvency D. Liquidity 21. A business that does not implement effective quality checks, falls in which step of the Management Process: A. Planning B. Directing C. Controlling D. Decision Making 22. A CPA Firm renders an opinion as to the ___ of a firm's financial statements. A. Accuracy B. Completeness C. Fairness D. Internal Control 23. The formula: Dividends per share of Common Stock Market Price per Share of Common Stock represents which measurement: A. Dividend Yield B. Return on Common Stock C. Dividend Turnover D. Market return of 10 208 Words English (US)