Exams & Certification

CH3CH2CH2Br + Na+ -CN → The correct answer and explanation is : The given reaction: [\text{CH}_3\text{CH}_2\text{CH}_2\text{Br} + \text{Na}^+ -\text{CN} \rightarrow] Correct Answer:[\text{CH}_3\text{CH}_2\text{CH}_2\text{CN} + \text{NaBr}] Explanation: Thus, the final product is propyl cyanide (butanenitrile), CH₃CH₂CH₂CN.

Which of the following could not possibly be a closing entry? a. Debit Income Summary and credit Owner’s Capitalb. Debit Owner’s Capital and credit Owner’s Withdrawalsc. Debit Income Summary and credit Owner’s Withdrawalsd. Debit Owner’s Capital and credit Income Summary The correct answer and explanation is : Correct Answer: C. Debit Income Summary and Credit

Which of the following accounts is not closed during the closing process? a. Income Summaryb. Owner’s Capitalc. Commissions Revenuesd. Owner’s Withdrawals The correct answer and explanation is : The correct answer is:b. Owner’s Capital Explanation: The closing process is an essential step in the accounting cycle that occurs at the end of an accounting period.

If no adjustments are needed for a particular entity, itsa. post-closing trial balance will be identical to its trial balance.b. adjusted trial balance will be identical to its post-closing trial balance.c. trial balance will be identical to its adjusted trial balance.d. trial balance, adjusted trial balance, and post-closing trial balance will be identical The correct

Closing entries ultimately will affecta. total liabilitiesb. the Cash accountc. total assets.d. the Owner’s Capital account. The correct answer and explanation is : Correct Answer: d. the Owner’s Capital account. Explanation: Closing entries are journal entries made at the end of an accounting period to transfer balances from temporary accounts to a permanent account. Temporary

Which of the following accounting cycle steps comes before the others?a. The financial statements are prepared.b. Closing entries are recorded and posted.c. Source documents are analyzed.d. Adjusting entries are recorded and posted. The correct answer and explanation is : Correct Answer: c. Source documents are analyzed. Explanation: The accounting cycle consists of a series of

In which of the five steps in the marketing research process, do you develop questions that will allow you to best address the important issues.Step-1 Define the problem or opportunityStep-2 Develop your marketing research planStep-3 Collect relevant data and informationStep-4 Analyze data and report findingsStep-5 Put your research into action The correct answer and explanation

The name given to an aqueous solution of HBr is: A) hydrobromic acid.B) hypobromous acid.C) bromous acid.D) bromic acid.E) hydrogen bromide. The correct answer and explanation is : The correct answer is: A) hydrobromic acid. Explanation: When hydrogen halides (HX, where X is a halogen) are dissolved in water, they form acids. The naming convention

Closing entries willa. increase the Owner’s Capital balance.b. decrease the Owner’s Capital balance.c. not affect the Owner’s Capital balance.d. either increase or decrease the Owner’s Capital balance. The correct answer and explanation is : The correct answer is: d. either increase or decrease the Owner’s Capital balance. Explanation: Closing entries are journal entries made at

How does DNA (deoxyribonucleic acid) ?encode information? Information is encoded in the number of each different nucleotide. The DNA molecule is composed of many amino acids joined together to form a functional protein. Information is encoded in the sequence of nucleotides. The genes along the length of DNA molecules encode the information for building all