Question 1

_____________________ are systems that interpret, transform, and summarize information for use in analysis and reporting.

Accepted Answer

Informatio

Question 2

The Asian segment of a multinational company had a segment return on assets of 60%. If the revenues and operating income of this segment were $17,000 million and $14,586 million, respectively, what is the segment's average total assets amount?

Accepted Answer

A)  $24,310 million 
B)  $28,333 million 
C)  $52,643 million 
D)  $10,200 million 
E)  $8,751 million 
A)  $24,310 million 
B)  $28,333 million 
C)  $52,643 million 
D)  $10,200 million 
E)  $8,751 million

Question 3

With advanced technology there is no need to trace to its source information that has been entered into an accounting information system.

Accepted Answer

A) True 
 B)False

Question 4

The following information is available for some of a company's segments (all amounts are in millions):
   a. Determine the segment return on assets for each geographic segment
b. Comment on the results. How do the segments compare with respect to profitability?

Accepted Answer

a.
 @#IMG-DLM& b. Latin Americ

_____________________ are systems that interpret, transform, and summarize information for use in analysis and reporting.

The Asian segment of a multinational company had a segment return on assets of 60%. If the revenues and operating income of this segment were $17,000 million and $14,586 million, respectively, what is the segment's average total assets amount?

With advanced technology there is no need to trace to its source information that has been entered into an accounting information system.

The following information is available for some of a company's segments (all amounts are in millions): a. Determine the segment return on assets for each geographic segment b. Comment on the results. How do the segments compare with respect to profitability?

Introducing Financial Accounting

Accounting for Transactions

Preparing Financial Statements

Accounting for Merchandising Operations

Accounting for Inventories

Accounting for Cash and Internal Controls

Accounting for Receivables

Accounting for Long-Term Assets

Accounting for Current Liabilities

Accounting for Long-Term Liabilities

Accounting for Equity

Accounting for Cash Flows

Interpreting Financial Statements

Time Value of Money

Investments and International Operations

Accounting for Partnerships

Filters

Exam 17: Accounting With Special Journals

_____________________ are systems that interpret, transform, and summarize information for use in analysis and reporting.

The Asian segment of a multinational company had a segment return on assets of 60%. If the revenues and operating income of this segment were $17,000 million and $14,586 million, respectively, what is the segment's average total assets amount?

With advanced technology there is no need to trace to its source information that has been entered into an accounting information system.

The following information is available for some of a company's segments (all amounts are in millions): a. Determine the segment return on assets for each geographic segment b. Comment on the results. How do the segments compare with respect to profitability?

Introducing Financial Accounting

Accounting for Transactions

Preparing Financial Statements

Accounting for Merchandising Operations

Accounting for Inventories

Accounting for Cash and Internal Controls

Accounting for Receivables

Accounting for Long-Term Assets

Accounting for Current Liabilities

Accounting for Long-Term Liabilities

Accounting for Equity

Accounting for Cash Flows

Interpreting Financial Statements

Time Value of Money

Investments and International Operations

Accounting for Partnerships

Filters