In reference to the equation: y = -0.25 + 0.08x1 + 0.10x2, the value 0.01 is the:

a. predicted value of y.
b. partial regression coefficient for x1.
c. partial regression coefficient for x2.
d. predicted value y when x1 = 0 and x2 = 0.
e. predicted value of y when x1 = 2 and x2 = 1.


E

Business

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A. multi-level B. virtual C. top-down D. technical

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An example of an adjusting entry involving a deferred revenue is

a. Cash ............................... xxx Unearned Rental Revenue .......... xxx b. Rental Revenue ..................... xxx Cash ............................. xxx c. Unearned Rental Revenue ............ xxx Rental Revenue ................... xxx d. Accounts Receivable ................ xxx Sales ............................ xxx

Business

Which of the following documents was the first to be based on an orientation toward user relevance?

a. “Objectives of Financial Statements” (Trueblood Committee Report) b. “Basic Concepts and Accounting Principles Underlying Financial Statements of Business Enterprises” (APB Statement 4) c. “A Statement of Basic Accounting Theory” (ASOBAT) d. “Statement of Accounting Theory and Theory Acceptance” (SATTA)

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Placing graphic material in the appendix is

a. recommended when the graphics would make the discussion complicated to follow. b. recommended the majority of the time to simplify text preparation. c. not recommended if the information is quantitative. d. never recommended.

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