WEEK 9 QUIZ BACC105

In the abbreviation TRAIN Law, A stands for:

• Amnesty

• Acceleration

• Application

The expected number of units to sold or service to render in a month and year.

The following can be seen in Capital Expenditures, EXCEPT:

• Rent

• Machinery

• Processing Fee

The total cost incurred in producing 1 unit of product.

These are the data that have been already collected by and readily available from other sources.

• Primary Data

• Secondary Data

• Valid Data

On this financial statement, only Investment of the Owners and Creditors are reflected.

Cost of Goods Manufactured is part of what financial statement?

• Income Statement

• Balance Sheet

• Statement of Cash Flow

Asset, Liabilities, and Owner's Equity is part of what financial statement?

• Income Statement

• Balance Sheet

• Statement of Cash Flow

It is the process of analyzing a company's financial statements for decision-making purposes.

These are the processes of providing funds for business activities, making purchases, or investing.

• Financing

• Accounting

• Budgeting