SuperTutor

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About SuperTutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Accounting,Business & Finance See all
Accounting,Business & Finance,Economics,Engineering,HR Management,Math Hide all
Teaching Since: Apr 2017
Last Sign in: 234 Weeks Ago, 2 Days Ago
Questions Answered: 12843
Tutorials Posted: 12834

Education

  • MBA, Ph.D in Management
    Harvard university
    Feb-1997 - Aug-2003

Experience

  • Professor
    Strayer University
    Jan-2007 - Present

Category > Accounting Posted 09 May 2017 My Price 7.00

4 Multiple choice questions 3

4 Multiple choice questions

 

Question 37 (2 points)The excess of expenses over revenues for a period is:

a

A liability.

b

Net income.

c

Net loss.

d

Equity.

e

Net assets.

 

Question 38 (2 points)If assets are $109,000 and liabilities are $32,000, then equity equals:

a

$109,000.

b

$141,000.

c

$198,000.

d

$77,000.

e

$32,000.

 

Question 39 (2 points)The document that the purchasing department prepares and sends to the vendor to place an order is the

a

Purchase order.

b

Invoice approval.

c

Invoice.

d

Receiving report.

e

Purchase requisition.

 

Question 40 (2 points)The document, also known as the check authorization, that is a checklist of steps necessary for approving an invoice for approval and payments is the

a

Purchase requisition.

b

Invoice approval.

c

Receiving report.

d

Purchase order.

e

Invoice.

 

Answers

SuperTutor
(15)
Status NEW Posted 09 May 2017 06:05 AM My Price 7.00

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