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CBE 205 FINAL EXAM NEWEST 2024 COMPLETE 200+
ACCURATE QUESTIONS WITH CORRECT VERIFIED
ANSWERS/ AGRADE ASSURED!!
what are the three domains of life? - Correct Answer - Bacteria, Archaea, Eukarya
The financial statement that represent the position of a company at a point in time is the - Correct Answer - Balance Sheet
The financial statement that represents the position of a company over a period of time is the - Correct Answer - Income Statement
The statement of cash flows is divided into sections of - Correct Answer - Operating, Investing, & Financing
The footnotes to the financial statements are - Correct Answer - an integral part
A ________ increases the fixed assets accounts - Correct Answer - debit
An increase in owner's equity is accomplished by - Correct Answer - selling common stock and net income
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pg. 2 The accounting equation is - Correct Answer - assets equal liabilities plus owners' equity
The payment of a liability will ______ the liability balance - Correct Answer - decrease
Users of the financial statements include - Correct Answer - creditors, investors, & government
The basic financial statements of a company are (is) - Correct Answer - balance sheet, income statement, statement of cash flow and stockholders equity
Generally Accepted Accounting Principles (GAAP) requires the ______ basis of accounting for financial statements - Correct Answer - accrual
bacteria characteristics - Correct Answer - - single cell
- no membrane around nucleus
- different cell wall that archea - contains peptidoglycan
archaea characteristics - Correct Answer - - same as bacteria but different cell wall - no peptidoglycan
eukarya characteristics - Correct Answer - - nucleus has a membrane
- multicellular
what do sugar and lipids provide, nutritionally for the cell - Correct Answer - carbon, energy, storage, structure 2 / 3
pg. 3 major compounds in a cell and their compositions - Correct Answer - proteins - 60% nucleic acid - 15% carbohydrates - 10% lipids - 10% ions/minerals - <5%
- key roles of proteins in cell function - Correct Answer - 1 - enzymatic
- - structure
- - transport/storage
- - communication
- - immune defense
catalysis
The annual report of a publically traded company is filed with the - Correct Answer - SEC
The financial statements of a publically traded company may be found - Correct Answer - within the annual report, on their website, and in documents filed with the SEC
The financial statements of a public company are influenced by the - Correct Answer - SEC, FASB, and government
The equity section of the financial statements include - Correct Answer - common stock, additional paid in capital, & retained earnings
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