ACC 102_Midterm Review Quiz

ACC 102_Midterm Review Quiz

University

15 Qs

quiz-placeholder

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ACC 102_Midterm Review Quiz

ACC 102_Midterm Review Quiz

Assessment

Quiz

Business

University

Hard

Created by

John Servidad

Used 4+ times

FREE Resource

15 questions

Show all answers

1.

FILL IN THE BLANK QUESTION

2 mins • 2 pts

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2.

FILL IN THE BLANK QUESTION

2 mins • 2 pts

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1. Under LCNRV by individual item, the inventory shall be measured at what amount?

3.

FILL IN THE BLANK QUESTION

2 mins • 2 pts

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2. Under LCNRV by total, the inventory shall be measured at what amount?

4.

FILL IN THE BLANK QUESTION

2 mins • 2 pts

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5.

FILL IN THE BLANK QUESTION

2 mins • 2 pts

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1. What is the cost of goods available for sale?

6.

FILL IN THE BLANK QUESTION

2 mins • 2 pts

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2. What is the cost of goods sold?

7.

FILL IN THE BLANK QUESTION

30 sec • 2 pts

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3. What is the estimated cost of inventory shortage?

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