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ACCT 1110 Accounting 2 Assessment Winter 2015
Students: The following statements identify various concepts studied this term in Accounting II. By checking the appropriate letter below, please indicate your agreement with these statements according to the following scale:
A – Strongly Agree
B – Agree
C – Disagree
D – Strongly Disagree
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- I can identify and define accounts and notes receivable, and demonstrate the accounting procedures related to receivables.*
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- I can define long-term assets and account for the acquisition, depreciation, and disposal of these assets.*
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- I can identify and account for current liabilities, payroll, and payroll taxes.*
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- I can describe bonds payable and journalize related transactions distinguishing between bond discount and bond premium
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- I can describe the corporate form of business organization and the components of stockholders’ equity.*
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- I can journalize transactions for corporations, including cash dividends and capital stock transactions.*
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- I can identify and give details regarding the items on a corporate income statement and I can prepare a corporate income statement.*
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- I can prepare the statement of retained earnings.*
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- I can distinguish between stock dividends and stock splits.*
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- I can prepare a statement of cash flows and distinguish between operating, investing, and financing activities.*
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- I can evaluate financial performance using various financial ratios, analytical tools, and techniques.*
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- I can definte IFERS and recognize its future imporance
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- Use of Myaccountinglab has helped me learn and understand the material in this course.*
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