题目内容

An auditor needs to review all of a companys transactions that took place between August 15 and August 17 of the current year. To find this information, she would most likely consult the companys:

A. General ledger.
B. General journal.
C. Financial statements.

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Information about accounting estimates, assumptions, and methods chosen for reporting is most likely found in:

A. The auditors opinion.
B. Financial statement notes.
C. Managements Discussion and Analysis.

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If a firm raises $10 million by issuing new common stock, which of its financial statements will reflect the transaction？

A. Income statement and statement of owners equity.
Balance sheet,income statement,and cash flow statement.
C. Balance sheet,cash flow statement,and statement of owners equity.

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A devaluation of a countrys currency to improve its trade deficit would most likely benefit a producer of:

A. Luxury goods for export.
B. Export goods that have no close substitutes.
C. An export good that represents a relatively small proportion of consumer expenditures.

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Which of the following is least likely a component of the current account？

A. Unilateral transfers.
B. Payments for fixed assets.
C. Payments for goods and services.

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An auditor needs to review all of a companys transactions that took place between August 15 and August 17 of the current year. To find this information, she would most likely consult the companys:

A. General ledger. B. General journal. C. Financial statements.

Information about accounting estimates, assumptions, and methods chosen for reporting is most likely found in:

If a firm raises $10 million by issuing new common stock, which of its financial statements will reflect the transaction？

A devaluation of a countrys currency to improve its trade deficit would most likely benefit a producer of:

Which of the following is least likely a component of the current account？

A. General ledger.
B. General journal.
C. Financial statements.