CHAPTER 1 ACCOUNTING IN ACTION SUMMARY OF QUESTIONS BY LEARNING OBJECTIVES AND BLOOM’S TAXONOMY Ite m LO BT Ite m LO BT Ite m LO BT Ite m L O BT Ite m LO BT True-False Statements 1. 2. 3. 4. 5. 6. 7. 8. 1 1 1 2 2 2 2 2 K K C K K C K C 10. 2 11. 2 12. 2 13. 2 14. 2 15. 3 16. 4 17. 4 K K K K K K K K 19. 4 20. 5 21. 5 22. 5 23. 5 24. 6 25. 6 26. 6 K C K K K K K K 28. 7 29. 7 30. 7 31. 8 32. 8 33. 8 34. 8 35. 8 C C C K K K K K sg37. sg38. sg39. sg40. sg41. sg42. sg43. 2 3 4 5 6 7 8 K K C K K K K 9. 2 K 18. 4 K 27. 7 K sg36. 1 K Multiple Choice Questions 44. 1 45. 1 46. 1 47. 1 48. 1 49. 1 50. 1 51. 1 52. 1 53. 2 54. 2 55. 2 56. 2 57. 2 58. 2 59. 2 60. 2 61. 2 62. 2 63. 3 64. 3 65. 3 66. 4 67. 4 68. 4 69. 4 70. 4 KKKCKKKKKKCCCCCCKKCKCKKKKKK 71. 4 72. 4 73. 4 74. 4 75. 4 76. 4 77. 4 78. 4 79. 5 80. 5 81. 5 82. 5 83. 5 84. 5 85. 5 86. 5 87. 5 88. 5 89. 5 90. 5 91. 5 92. 5 93. 6 94. 6 95. 6 96. 6 97. 6 CKKCKKCKKKKKKCCKKCKKKKKKKCK 98. 6 99. 6 100 6 101 6 102 6 103 6 104 6 105 6 106 6 107 6 108 6 109 6 110 6 111 6 112 6 113 6 114 6 115 6 116 6 117 7 118 7 119 7 120 7 121 7 122 7 123 7 124 7 KCKKKKKCKC AP AP AP AP APKKKKC APCCCCCC 125. 7 126. 7 127. 7 128. 7 129. 7 130. 7 131. 8 132. 8 133. 8 134. 8 135. 8 136. 8 137. 8 138. 8 139. 8 140. 8 141. 8 142. 8 143. 8 144. 8 145. 8 146. 8 147. 8 148. 8 149. 8 150. 8 151. 8 KCCC ANCCCKKK AP AP APKCKK AP AP AP AP AP AP AP AP AP 152. 8 153. 8 154. 8 155. 8 156. 8 157. 8 158. 8 159. 8 160. 8 a 161. 9 a 162. 9 a 163. 9 a 164. 9 sg165. 1 st166. 1 st167. 1 sg168. 2 st169. 2 sg170. 4 st171. 5 sg172. 5 sg173. 6 sg174. 7 sg175. 7 sg176. 8 sg177. 8 AP AP AP AP AN AN AN AN ANKKKCKKKKKKKKKCCKK