ACCOUNTING 101

RACTICE TEST 4.1 - Grade Report Question: 1 Grade: 1.0 / 1.0 A certain type of bacteria grows according to the function where is the number of bacteria present after hours. Find the number of bacteria present after hours. Enter the answer as an integer. Round to the nearest whole unit, if needed. The number of bacteria is 3566 (100%). Solution f (t) = 1,500 ,e0.1732t f(t) t 5 f (5) = 1,500 = 1,500 = 3,566.07342 ≈ 3,566

FINACIAL ACOOUNTING ACCOUNTING 101

FINACIAL ACOOUNTING ACCOUNTING 101 Exam Multiple Choices 1) What exists when budgeted costs exceed actual results? A. A budgeting error B. A favorable difference C. An unfavorable difference D. An excess profit 2) The conceptual framework developed by the Financial Accounting Standards Board __________. A. was approved by a vote of all accountants B. are rules that all accountants must follow C. is viewed as providing a constitution for setting accounting standards for financial repo...