Accountancy Test Questions

Topics: Financial statements, Balance sheet, Generally Accepted Accounting Principles Pages: 1 (118 words) Published: November 13, 2014
ACC 290 Final Exam

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ACC 290 Final Exam Guide 
1) Which financial statement is used to determine cash generated from operations?     A.        Income statement
    B.        Statement of operations
    C.        Statement of cash flows
    D.        Retained earnings statement 
2) In terms of sequence, in what order must the four basic financial statements be prepared?     A.        Balance sheet, income statement, statement of cash flows, and capital statement     B.        Income statement, capital statement, statement of cash flows, and balance sheet     C.        Balance sheet, capital statement, statement of cash flows, and income statement     D.        Income statement, capital statement, balance sheet, and statement of cash flows  For more classes visit

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