1. Business
  2. Accounting
  3. question 1 not yet answered select one marked out of...

Question: question 1 not yet answered select one marked out of...

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Question 1 Not yet answered Select one: Marked out of 1 a. An expense account. P Flag question b. An equity account. Treasury stock appears as: O c. A liability account. O d. An asset account.

Ouestion 2 Samson Corporation buys a foreign currency future contract as a hedging strategy to protect against possible losses from fluctuations in a particular foreign exchange. This strategy suggests that Samson Corporation has: Select one: 0 a Foreign accounts receivable and expects the exchange rate to rise. Not yet answered Marked out of 1 Frag question b. Foreign accounts receivable and expects the exchange rate to fall. Oc Foreign accounts payable and expects the exchange rate to rise O d. Foreign accounts payable and expects the exchange rate to fal.

Question 3 Establishintniol accounting standards is the responsibility of Not yet answered Select one: Marked out of 1 a. Financial Accounting Standards Board. Flag question b. International Accounting Standards Board O c. Accounting Associations. d. Securities and Exchange Commission.

Ouestion 4 Early in 2018, Larsen Corporation purchased marketable securities at a cost of $90,000. In Not yet answered$5,600. How would these transactions be reported on Larsens statement of cash flows for 2018? Marked out of 1Select one: September, dividends of $6,600 were received; Larsen sold the securities in December at a gain of pFlag question O a. $95,600 cash provided by investing activities; $90,000 cash used in financing activities. O b. $84,400 net cash used in investing activities: $95,600 cash provided by investing activities. O c. $12,200 net cash provided by investing activities. O d. $95,600 net cash provided by investing activities; $6,600 included in cash provided by operating activities.
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