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TEST BANK FINANCIAL ACCOUNTING 6TH EDITION WEYGANDT preface

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Arthur Andersen Alumni Professor of Accounting University of Wisconsin—Madison Madison, Wisconsin P AUL D.. Associate Professor of Accounting University of Wisconsin—Milwaukee Milwa

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T EST B ANK

to accompany

FINANCIAL ACCOUNTING SIXTH EDITION

J ERRY J W EYGANDT Ph.D., C.P.A

Arthur Andersen Alumni Professor of Accounting

University of Wisconsin—Madison

Madison, Wisconsin

P AUL D K IMMEL Ph.D., C.P.A

Associate Professor of Accounting

University of Wisconsin—Milwaukee

Milwaukee, Wisconsin

D ONALD E K IESO Ph.D., C.P.A

KPMG Peat Marwick Emeritus Professor of Accountancy

Northern Illinois University

DeKalb, Illinois

Prepared by

Lynn Stallworth , Southeastern Louisiana University

Larry Falcetto , Emporia State University

Dick Wasson , Southwestern College

John Wiley & Sons, Inc

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Cover Image: Pacific Stock/SuperStock

Bicentennial Logo Design: Richard J Pacifico

Copyright © 2009 John Wiley & Sons, Inc All rights reserved

Excerpts from this work may be reproduced by instructors for distribution on a not-for-profit basis for testing or

instructional purposes only to students enrolled in courses for which the textbook has been adopted Any other

reproduction or translation of this work beyond that permitted by Sections 107 or 108 of the 1976 United States Copyright Act without the permission of the copyright owner is unlawful Requests for permission or further information should be addressed to the Permissions Department, John Wiley & Sons, Inc., 111 River Street, Hoboken, NJ 07030-5774

To order books or for customer service, please call 1-800-CALL-WILEY (225-5945)

ISBN-13 978-0-470-17413-5

Printed in the United States of America

1 0 9 8 7 6 5 4 3 2 1

Printed and bound by Integrated Book Technology, Inc

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CONTENTS

Preface To the Instructor

Chapter 1 Accounting in Action

Chapter 2 The Recording Process

Chapter 3 Adjusting the Accounts

Chapter 4 Completing the Accounting Cycle

Chapter 5 Accounting for Merchandising Operations

Chapter 6 Inventories

Chapter 7 Accounting Principles

Chapter 8 Internal Control and Cash

Chapter 9 Accounting for Receivables

Chapter 10 Plant Assets, Natural Resources, and Intangible Assets

Chapter 11 Liabilities

Chapter 12 Corporations: Organization, Stock Transactions, Dividends, and

Retained Earnings Chapter 13 Investments

Chapter 14 The Statement of Cash Flows

Chapter 15 Financial Statement Analysis

Appendices C-F: Available online, IRCD, and computerized test bank

Achievement Tests 1-7: Available online, the IRCD, and computerized test bank

Comprehensive Exams A-D: Available online, the IRCD, and computerized test bank

Final Exam: Available online, IRCD, and computerized test bank

All About You Exercises: Available online, IRCD, and computerized test bank

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Preface to the Instructor

This examination book contains a test bank of exercises, brief exercises, true/false statements, multiple choice questions, completion statements, matching problems, and essay questions for

testing students who are learning accounting from Financial Accounting, Tools for Business Decision Making, Sixth Edition by Jerry J Weygandt, Paul D Kimmel, and Donald E Kieso (John

Wiley & Sons, Inc 2008)

The test bank features a collection of over 2,600 examination questions and exercises accompanied

by answers and solutions Each chapter includes a Summary of Questions by Study Objectives and a Summary of Study Objectives by Question Type linking test items to Study Objectives Exercises are also identified by estimated completion time Essay questions are included in each chapter of the Examination Book, in response to the AECC recommendations

A new algorithmic computerized test bank containing all content from this test bank can be found on

the Instructor’s Resource CD (IRCD) and Instructor’s web site that accompany Financial Accounting, Tools for Business Decision Making, Sixth Edition

We sincerely thank Lynn Stallworth, Larry Falcetto, and Dick Wasson for their expert assistance in the production of this examination book We also would like to thank Terry Elliott of Morehead State University, James Emig of Villanova University, Paul (Jep) Robertson of Henderson State University, Rex Schildhouse of San Diego Community College - Miramar Campus, and Bernie Wienrich of Lindenwood University for their help in accuracy checking this Test Bank

JERRY J.WEYGANDT

PAUL D.KIMMEL

DONALD E.KIESO

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