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Acc 422 Final Exam

started by mariabrogersm on 28 Apr 14
  • mariabrogersm
     
    Acc 422 Final Exam
    is an exam conducted for those who undergo accounts as their main career stream. This exam is considered to be one of the toughest exam one could have ever faced. Clearing such an exam is much of an honour and clearing such exams has not been an easy task. One needs to get a complete guidance for clearing such an exam. It often happens that students start running here and there and end up messing around for questions and their answers in previous years papers or for the questions that are most probable to appear in the exam.Image

    It is a matter of relief that they are no will not have to search here and there and fuss around as we provide you the complete set of probable question. The most probable questions that are asked in Acc 422 Final Exam are:

    A cash investment is a short term, highly liquid investment that is readily convertible into unknown amounts of cash and ?

    This is one of the simplest and one of the common questions that are being asked in the exam and can be answered easily if one goes through the basics. Another important and very obvious question that one can face is:

    Which of the following is not considered as cash for financial reporting purposes?

    a) Money Orders, certified checks, and personal checks

    b) Coin, currency, and valuable funds

    c) Postdated checks and IOUs

    d) Petty cash funds and change funds

    This is yet another very easy but important question for test takers. It is based on the very basics of the syllabus and one can easily answer such questions if one has thoroughly gone with basics.

    Another question that one can predict is :

    What are the advantages of relating a company's bad debt expense to its outsourcing accounts receivable?

    This is yet another simple question that one might expect. Going through the basics is one key factor of clearing such exams and one can create wonders if he/she is very thorough with the basics.

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