Operating Liabilities and Contingencies Test Bank (Intermediate Accounting)

Operating Liabilities and Contingencies Test Bank and Assessment

This test bank and assessment is covering Operating Liabilities and Contingencies Topic which is covered by Intermediate Accounting Module Students. With the help of this test bank set you will be able to assess your students on this topic. Operating Liabilities and Contingencies Test Bank Set containing different types of questions such as:

• Multiple Choice questions;
• True/Falls questions;
• Open-ended questions;

Operating Liabilities and Contingencies Test Bank will help you to assess following learning objectives of the students:

• Define and demonstrate accounting for operating liabilities, including accounts payable, trade notes payable, unearned revenues, gift cards, deposits, sales taxes payable, and compensated absences.
• Discuss and illustrate the accounting for asset retirement obligations and required disclosures.
• Describe the accounting for gain and loss contingencies, including recognition and disclosures related to loss contingencies.
• Demonstrate the accounting for common loss contingencies involving litigation, warranties, and premiums.

Operating Liabilities and Contingencies Test Bank and Assessment Set contains 118 questions which will fully cover assessment process on this topic and will make your life easier. All answers to all questions are included which will make checking process faster.
Test bank for Operating Liabilities and Contingencies is in the WORD format which will let you make any adjustments if required.

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