The Statement of Cash Flows Test Bank and Assessment This test bank and assessment is covering The Statement of Cash Flows 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. The Statement of Cash Flows Test Bank Set containing different types of questions such as: Multiple Choice questions; True/Falls questions; Open-ended questions; The Statement of Cash Flows Test Bank will help you to assess following learning objectives of the students: • State the purpose of the statement of cash flows and define cash and cash equivalents. • Describe the format of the statement of cash flows, including classification of activities into operating, investing, and financing sections; the reconciliation of cash and cash equivalents; and the disclosure of significant noncash investing and financing transactions. • Understand and use the conceptual model based on the accounting equation to prepare the statement of cash flows. • Explain and prepare the operating cash flows section of the statement of cash flows using the indirect and direct methods. • Describe and illustrate the investing cash flows section of the statement of cash flows. • Describe and illustrate the financing cash flows section of the statement of cash flows. • Discuss and illustrate the reporting of complex transactions in determining cash flows. • Detail required disclosures related to the statement of cash flows. The Statement of Cash Flows Test Bank and Assessment Set contains 131 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 The Statement of Cash Flows is in the WORD format which will let you make any adjustments if required. Please leave your feedback once you will use this resource, it will help us to improve our teaching resources!

Accounting Changes and Error Analysis Test Bank and Assessment This test bank and assessment is covering Accounting Changes and Error Analysis 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. Accounting Changes and Error Analysis Test Bank Set containing different types of questions such as: Multiple Choice questions; True/Falls questions; Open-ended questions; Accounting Changes and Error Analysis Test Bank will help you to assess following learning objectives of the students: • Provide an overview of the types of accounting changes, including the difference between the retrospective and prospective methods. • Describe and demonstrate the accounting for a change in accounting principle. • Explain and illustrate the accounting for a change in an accounting estimate. • Explain the accounting for a change in the reporting entity. • Discuss common types of errors and error analysis and demonstrate how to correct errors. Accounting Changes and Error Analysis Test Bank and Assessment Set contains 116 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 Accounting Changes and Error Analysis is in the WORD format which will let you make any adjustments if required. Please leave your feedback once you will use this resource, it will help us to improve our teaching resources!

Earnings per Share Test Bank and Assessment This test bank and assessment is covering Earnings per Share 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. Earnings per Share Test Bank Set containing different types of questions such as: Multiple Choice questions; True/Falls questions; Open-ended questions; Earnings per Share Test Bank will help you to assess following learning objectives of the students: • Compute basic earnings per share, including the necessary adjustments to the earnings per share numerator and the effect of stock splits and stock dividends on the denominator. • Calculate diluted earnings per share, including adjustments to income in the numerator and shares in the denominator for potentially dilutive securities such as convertible debt, convertible preferred stock, and employee options. • Determine the effect of antidilutive securities on the earnings or loss per share computation. • Describe required disclosures for earnings per share. Earnings per Share Test Bank and Assessment Set contains 109 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 Earnings per Share is in the WORD format which will let you make any adjustments if required. Please leave your feedback once you will use this resource, it will help us to improve our teaching resources!

Accounting for Employee Compensation and Benefits Test Bank and Assessment This test bank and assessment is covering Accounting for Employee Compensation and Benefits 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. Accounting for Employee Compensation and Benefits Bank Set containing different types of questions such as: Multiple Choice questions; True/Falls questions; Open-ended questions; Accounting for Employee Compensation and Benefits Test Bank will help you to assess following learning objectives of the students: • Describe the characteristics and types of stock-based compensation. • Explain and illustrate the initial and subsequent measurement of equity-classified stock-based compensation. • Describe and demonstrate the initial and subsequent measurement of liability-classified stock-based compensation. • Discuss accounting for stock appreciation rights, restricted stock plans, and employee stock purchase plans. • Detail required disclosures for stock plans. • Describe the characteristics of defined-contribution and defined-benefit pension plans. • Demonstrate the measurement of pension costs and the related liability or asset under defined-benefit plans, including remeasurement due to changes in actuarial assumptions. • Detail required disclosures for pension plans. Accounting for Employee Compensation and Benefits Test Bank and Assessment Set contains148 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 Accounting for Employee Compensation and Benefits is in the WORD format which will let you make any adjustments if required. Please leave your feedback once you will use this resource, it will help us to improve our teaching resources!

Accounting for Leases Test Bank and Assessment This test bank and assessment is covering Accounting for Leases 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. Accounting for Leases Bank Set containing different types of questions such as: Multiple Choice questions; True/Falls questions; Open-ended questions; Accounting for Leases Test Bank will help you to assess following learning objectives of the students: • Understand the basic concepts of lease accounting and identify the advantages and disadvantages of leasing. • Understand lease contracts and determine how to separate lease and non-lease components and how to allocate contract consideration to the various components. • Classify leases as operating, finance, direct financing, and sales-type. • Demonstrate the accounting for an operating lease for both the lessee and the lessor. • Demonstrate lessee accounting for a finance lease. • Illustrate lessor accounting for sales-type leases. • Illustrate lessor accounting for direct financing leases. • Detail the required lease disclosures. Accounting for Leases Test Bank and Assessment Set contains 168 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 Accounting for Leases is in the WORD format which will let you make any adjustments if required. Please leave your feedback once you will use this resource, it will help us to improve our teaching resources!

Accounting for Income Taxes Test Bank and Assessment This test bank and assessment is covering Accounting for Income Taxes 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. Accounting for Income Taxes Bank Set containing different types of questions such as: Multiple Choice questions; True/Falls questions; Open-ended questions; Accounting for Income Taxes Test Bank will help you to assess following learning objectives of the students: • Define book income and taxable income; compute income tax expense and income taxes payable when there are no book-tax differences. • Discuss permanent differences and calculate income tax expense and income taxes payable when there are permanent differences. • Explain temporary differences and illustrate the balance sheet approach of accounting for deferred tax assets and deferred tax liabilities. • Explain and demonstrate how to assess and report the realizability of deferred tax assets. • Illustrate the effects of a change in tax rates. • Determine the accounting for net operating losses (NOLs), including NOL carry backs and carry forwards and the valuation of related deferred tax assets. • Explain and demonstrate accounting for uncertain tax positions. • Describe the financial statement presentation of the income tax accounts. • Detail required disclosures for income taxes Accounting for Income Taxes Test Bank and Assessment Set contains 201 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 Accounting for Income Taxes is in the WORD format which will let you make any adjustments if required. Please leave your feedback once you will use this resource, it will help us to improve our teaching resources!

Investments in Financial Assets Test Bank and Assessment This test bank and assessment is covering Investments in Financial Assets 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. Investments in Financial Assets Bank Set containing different types of questions such as: Multiple Choice questions; True/Falls questions; Open-ended questions; Investments in Financial Assets Test Bank will help you to assess following learning objectives of the students: • Describe debt and equity investments, the two main types of investment securities that companies hold, and the key issues in accounting for them, including cost and fair value accounting. • Describe and illustrate accounting for investments in debt securities—including held-to-maturity, trading, and available-for-sale securities—at initial recognition and sub- sequent to acquisition. • Discuss and demonstrate accounting for investments in equity securities when the investor has no significant influence at initial recognition and subsequent to acquisition, including accounting for investments without readily deter- minable fair values. • Explain and illustrate accounting for investments in equity securities when the investor has significant influence over the investee company. • Explain and demonstrate the accounting for long-term notes receivable. • Discuss and illustrate the fair value option in accounting for investments in financial assets. • Detail required disclosures for investments in financial assets. Investments in Financial Assets Test Bank and Assessment Set contains 193 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 Investments in Financial Assets is in the WORD format which will let you make any adjustments if required. Please leave your feedback once you will use this resource, it will help us to improve our teaching resources!

Accounting for Stockholders’ Equity Test Bank and Assessment This test bank and assessment is covering Accounting for Stockholders’ Equity 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. Accounting for Stockholders’ Equity Bank Set containing different types of questions such as: Multiple Choice questions; True/Falls questions; Open-ended questions; Accounting for Stockholders’ Equity Test Bank will help you to assess following learning objectives of the students: • Describe stockholders’ equity and its main components. • Explain and illustrate the accounting for common stock, including share issuance, issue costs, and stock splits. • Record treasury stock transactions, including repurchases, reissuance under the cost method, and retirement. • Describe preferred stock and its features; demonstrate the accounting for issuance, dividends, and consideration of potential debt features of preferred stock. • Explain the accounting for retained earnings, including dividends and prior-period adjustments. • Describe the components of other comprehensive income and accumulated other comprehensive income. • Detail required disclosures for stockholders’ equity. Accounting for Stockholders’ Equity Test Bank and Assessment Set contains 138 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 Accounting for Stockholders’ Equity is in the WORD format which will let you make any adjustments if required. Please leave your feedback once you will use this resource, it will help us to improve our teaching resources!

Financing Liabilities Test Bank and Assessment This test bank and assessment is covering Operating Financing Liabilities 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. Financing Liabilities Test Bank Set containing different types of questions such as: Multiple Choice questions; True/Falls questions; Open-ended questions; Financing Liabilities Test Bank will help you to assess following learning objectives of the students: • Describe and illustrate accounting for notes payable. • Explain the common features of bonds payable and discuss the initial recognition at par value, at a discount, and at a premium. • Demonstrate accounting for bonds issued at par or at a dis- count or premium, including computation of the bond issue price, interest expense, and amortization of the discount or premium using the effective interest rate method. • Explain and illustrate accounting for bonds issued between interest payment dates. • Discuss and illustrate the accounting for bond issue costs. • Determine the accounting for bonds payable at early retirement. • Explain and illustrate the accounting for convertible bonds. • Describe and illustrate the accounting for warrants, including those that are detachable and nondetachable. • Explain the reclassification of financing liabilities for current maturities of long-term debt, short-term debt expected to be refinanced, and callable obligations. Financing Liabilities Test Bank and Assessment Set contains 201 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 Financing Liabilities is in the WORD format which will let you make any adjustments if required. Please leave your feedback once you will use this resource, it will help us to improve our teaching resources!

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. Please leave your feedback once you will use this resource, it will help us to improve our teaching resources!

Long-term Operating Assets Departures from Historical Cost Test Bank and Assessment This test bank and assessment is covering Long-term Operating Assets: Departures from Historical Cost 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. Long-term Operating Assets: Departures from Historical Cost Test Bank Set containing different types of questions such as: Multiple Choice questions; True/Falls questions; Open-ended questions; Long-term Operating Assets: Departures from Historical Cost Test Bank will help you to assess following learning objectives of the students: • Specify the categories of long-term operating assets tested for impairment. • Describe and demonstrate the accounting for impairments of property, plant, and equipment and intangible assets with finite lives under U.S. GAAP. • Explain and illustrate accounting for impairments of intangible assets with indefinite lives under U.S. GAAP. • Explain and illustrate the accounting for goodwill impairments under U.S. GAAP. • Describe and demonstrate the accounting for impairments of property, plant, and equipment, finite-life intangible assets, and indefinite-life intangible assets other than goodwill under IFRS. • Explain and illustrate the accounting for goodwill impairments under IFRS. • Detail required disclosures for impaired assets. • Illustrate the accounting for long-term operating assets held for sale or disposal and describe the required disclosures for these assets. Long-term Operating Assets: Departures from Historical Cost Test Bank and Assessment Set contains 157 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 Long-term Operating Assets: Departures from Historical Cost is in the WORD format which will let you make any adjustments if required. Please leave your feedback once you will use this resource, it will help us to improve our teaching resources!

Long-Term Operating Assets Acquisition, Cost Allocation, and Derecognition Test Bank and Assessment This test bank and assessment is covering Long-Term Operating Assets Acquisition, Cost Allocation, and Derecognition 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. Long-Term Operating Assets Acquisition, Cost Allocation, and Derecognition Test Bank Set containing different types of questions such as: Multiple Choice questions; True/Falls questions; Open-ended questions; Long-Term Operating Assets Acquisition, Cost Allocation, and Derecognition Test Bank will help you to assess following learning objectives of the students: • Identify the types of property, plant, and equipment and determine the initial measurement of each; apply the definition of an asset to the decision to expense or capitalize an expenditure. • Demonstrate the accounting for property, plant, and equipment subsequent to acquisition, including subsequent expenditures and depreciation. • Determine and illustrate the appropriate accounting for asset derecognition of property, plant, and equipment, including sales and abandonments. • Identify required disclosures for property, plant, and equipment. • Specify the characteristics and types of intangible assets. • Determine and illustrate the initial measurement of different types of intangible assets, including internally generated intangibles, intangibles acquired individually or in a group, intangibles acquired in a business combination, and research and development costs. • Demonstrate accounting for intangible assets subsequent to acquisition, including amortization and derecognition. • Detail required disclosures for intangible assets. Long-Term Operating Assets Acquisition, Cost Allocation, and Derecognition Test Bank and Assessment Set contains 180 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 Long-Term Operating Assets Acquisition, Cost Allocation, and Derecognition is in the WORD format which will let you make any adjustments if required. Please leave your feedback once you will use this resource, it will help us to improve our teaching resources!

Short-Term Operating Assets Inventory Test Bank and Assessment This test bank and assessment is covering Short-Term Operating Short-Term Operating Assets Inventory 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. Short-Term Operating Assets Inventory Test Bank Set containing different types of questions such as: Multiple Choice questions; True/Falls questions; Open-ended questions; Short-Term Operating Assets Inventory Test Bank will help you to assess following learning objectives of the students: • Describe the types of inventory and demonstrate accounting under periodic and perpetual inventory systems. • Discuss inventory costing, including accounting for goods in transit, consigned goods, costs included in inventory, and purchase discounts. • Explain the need for inventory cost-flow assumptions and calculate inventory and cost of goods sold under four inventory allocation methods: specific identification; moving average; last-in, first-out (LIFO); and first-in, first-out (FIFO). • Demonstrate an understanding of and illustrate the accounting for the LIFO reserve, the LIFO effect, and LIFO liquidations. Compute inventory and cost of goods sold using the dollar-value LIFO method. • Explain the lower-of-cost-or-market (LCM) rule. • Calculate inventory and cost of goods sold using the retail inventory method. • Explain the gross profit method of estimating inventory. • Detail required disclosures for inventory. Short-Term Operating Assets Inventory Test Bank and Assessment Set contains 143 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 Short-Term Operating Assets Inventory is in the WORD format which will let you make any adjustments if required. Please leave your feedback once you will use this resource, it will help us to improve our teaching resources!

Short-Term Operating Assets Cash and Receivables Test Bank and Assessment This test bank and assessment is covering Short-Term Operating Assets Cash and Receivables 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. Short-Term Operating Assets Cash and Receivables Test Bank Set containing different types of questions such as: Multiple Choice questions; True/Falls questions; Open-ended questions; Short-Term Operating Assets Cash and Receivables Test Bank will help you to assess following learning objectives of the students: • Define cash and cash equivalents and describe the accounting for restricted cash and compensating balances. • Demonstrate the initial measurement and accounting for accounts receivable, including volume, trade, and sales discounts. • Understand the subsequent measurement and accounting for accounts receivable, including establishing an allowance for uncollectible accounts. • Estimate an allowance for uncollectible accounts using the aging of receivables method and explain the accounting for write-offs and subsequent recoveries. • Discuss the use of accounts receivable to generate immediate cash—including pledging or assigning, factoring receivables, and securitization—and demonstrate the accounting for these transactions. • Describe accounting for short-term notes receivable when issued and after issuance. • Explain the required disclosures for accounts and notes receivable. Short-Term Operating Assets Cash and Receivables Test Bank and Assessment Set contains 146 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 Short-Term Operating Assets Cash and Receivables is in the WORD format which will let you make any adjustments if required. Please leave your feedback once you will use this resource, it will help us to improve our teaching resources!

Revenue Recognition Test Bank and Assessment This test bank and assessment is covering Revenue Recognition 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. Revenue Recognition Test Bank Set containing different types of questions such as: Multiple Choice questions; True/Falls questions; Open-ended questions; Revenue Recognition Test Bank will help you to assess following learning objectives of the students: • Explain the time value of money concept, including the calculations of simple and compound interest; define the effective interest rate. • Compute solutions to future value and present value of single-sum problems. • Compute solutions to future value of ordinary annuity and annuity due problems. • Compute solutions to present value of ordinary annuity and annuity due problems. • Compute solutions to future value and present value of deferred annuity problems. • Apply time value of money concepts to accounting applications involving determining the present value of expected cash flows and valuing bonds. Revenue Recognition Test Bank and Assessment Set contains 165 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 Revenue Recognition is in the WORD format which will let you make any adjustments if required. Please leave your feedback once you will use this resource, it will help us to improve our teaching resources!

Accounting and the Time Value of Money Test Bank and Assessment This test bank and assessment is covering Accounting and the Time Value of Money 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. Accounting and the Time Value of Money Test Bank Set containing different types of questions such as: Multiple Choice questions; True/Falls questions; Open-ended questions; Accounting and the Time Value of Money Test Bank will help you to assess following learning objectives of the students: • Explain the time value of money concept, including the calculations of simple and compound interest; define the effective interest rate. • Compute solutions to future value and present value of single-sum problems. • Compute solutions to future value of ordinary annuity and annuity due problems. • Compute solutions to present value of ordinary annuity and annuity due problems. • Compute solutions to future value and present value of deferred annuity problems. • Apply time value of money concepts to accounting applications involving determining the present value of expected cash flows and valuing bonds. Accounting and the Time Value of Money Test Bank and Assessment Set contains 117 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 Accounting and the Time Value of Money Report is in the WORD format which will let you make any adjustments if required. Please leave your feedback once you will use this resource, it will help us to improve our teaching resources!

Statements of Financial Position and Cash Flows and the Annual Report Test Bank and Assessment This test bank and assessment is covering Statements of Financial Position and Cash Flows and the Annual Report 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. Statements of Financial Position and Cash Flows and the Annual Report Test Bank Set containing different types of questions such as: Multiple Choice questions; True/Falls questions; Open-ended questions; Statements of Financial Position and Cash Flows and the Annual Report Test Bank will help you to assess following learning objectives of the students: • Discuss the usefulness and limitations of the statement of financial position, including its use in understanding liquidity, solvency, and financial flexibility. • Provide an overview of classifications on the statement of financial position for typical assets, liabilities, and stockholders’ equity. • Explain the presentation of current and noncurrent assets and liabilities on the statement of financial position and name the common statement formats. • Explain the statement of cash flows and classify common business activities into operating, investing, and financing cash flows. • Explain the direct and indirect formats of the statement of cash flows. • Review the four primary financial statements and financial statement articulation. • Explain the purpose of the notes to the financial statements, including the summary of significant accounting policies, subsequent events, going concern uncertainties, and related-party transactions. • Identify and describe the typical content of an annual report. Statements of Financial Position and Cash Flows and the Annual Report Test Bank and Assessment Set contains 180 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 Statements of Financial Position and Cash Flows and the Annual Report is in the WORD format which will let you make any adjustments if required. Please leave your feedback once you will use this resource, it will help us to improve our teaching resources!

Statements of Net Income and Comprehensive Net Income Test Bank and Assessment This test bank and assessment is covering Statements of Net Income and Comprehensive Net Income 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. Statements of Net Income and Comprehensive Net Income Test Bank Set containing different types of questions such as: Multiple Choice questions; True/Falls questions; Open-ended questions; Statements of Net Income and Comprehensive Net Income Test Bank will help you to assess following learning objectives of the students: • Explain the difference between net income and comprehensive income; assess the usefulness and limitations of the income statements. • Define earnings quality, including permanent and transitory earnings and earnings management. • Identify the four primary elements on the statement of net income, and explain the nature and functional approaches to classifying items. • Explain the presentation of the statement of net income, including the multiple-step and single-step income statement formats. • Define income from continuing operations, including the components of operating income, non-operating income, and the income tax provision. • Demonstrate the accounting for a discontinued operation, including the criteria used to determine a discontinued operation and presentation on the statement of net income. • Describe the presentation of net income, noncontrolling interest, and earnings per share on the statement of net income. Statements of Net Income and Comprehensive Net Income Test Bank and Assessment Set contains 156 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 Statements of Net Income and Comprehensive Net Income is in the WORD format which will let you make any adjustments if required. Please leave your feedback once you will use this resource, it will help us to improve our teaching resources!

Review of the Accounting Cycle Test Bank and Assessment This test bank and assessment is covering Review of the Accounting Cycle 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. Review of the Accounting Cycle Test Bank Set containing different types of questions such as: Multiple Choice questions; True/Falls questions; Open-ended questions; Review of the Accounting Cycle Test Bank will help you to assess following learning objectives of the students: • Describe the accounting cycle. • Explain transaction analysis, including the use of the accounting equation. • Illustrate journalizing transactions, including determining whether to debit or credit accounts. • Explain the importance of and show how to post journal entries to the general ledger. • Explain the importance of and illustrate the preparation of an unadjusted trial balance. • Discuss the need for adjusting journal entries and explain deferrals and accruals. • Explain the use of and illustrate the preparation of an adjusted trial balance. • Describe the preparation of the financial statements from the adjusted trial balance. • Explain the difference between permanent and temporary accounts and demonstrate the process of closing temporary accounts. • Explain the importance of and illustrate the preparation of a post-closing trial balance. Review of the Accounting Cycle Test Bank and Assessment Set contains 189 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 Review of the Accounting Cycle is in the WORD format which will let you make any adjustments if required. Please leave your feedback once you will use this resource, it will help us to improve our teaching resources!

Judgment and Applied Financial Accounting Research Test Bank and Assessment This test bank and assessment is covering Judgment and Applied Financial Accounting Research 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. Judgment and Applied Financial Accounting Research Test Bank Set containing different types of questions such as: Multiple Choice questions; True/Falls questions; Open-ended questions; Judgment and Applied Financial Accounting Research Test Bank will help you to assess following learning objectives of the students: • Explain the importance and prevalence of judgment in the financial reporting process. • Discuss the role of accountants’ assumptions and estimates and the related disclosures in the financial reporting process. • Identify obstacles to the use of sound judgment in preparing financial information and ways to overcome them. • Describe the types of authoritative literature and the literature hierarchy. • Outline and apply the steps in the applied financial accounting research process. Judgment and Applied Financial Accounting Research Test Bank and Assessment Set contains 150 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 Judgment and Applied Financial Accounting Research is in the WORD format which will let you make any adjustments if required. Please leave your feedback once you will use this resource, it will help us to improve our teaching resources!