Advanced Accounting: Chapter 4 E4-1 General Questions

BA 459

Advanced Accounting: Beams, Clement, Anthony, Lowensohn
Floyd A. Beams
Robin P. Clement
Joseph H. Anthony
Suzanne Lowensohn
9th Edition 10th Edition
Chapter 4

Exercise 4-1 (E4-1)
General questions
1. Working paper entries normally:

2. Working paper techniques assume nominal accounts are:

3. Most errors made in consolidating financial statements will appear when:

4. Net income on consolidation working papers is:

5. On consolidation working papers, individual stockholders’ equity accounts of a subsidiary are:

6. On consolidation working papers, investment income from a subsidiary is:

7. On consolidation working papers, the investment in consolidated subsidiary account balances are:

8. On consolidation working papers, consolidated net income is determined by:

9. On consolidation working papers, consolidated end-of-the-period retained earnings is determined by:

10. Under the trial balance approach to consolidation working papers, which of the following is used?

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