CHAPTER 1 ACCOUNTING IN ACTION SUMMARY OF QUESTIONS BY STUDY OBJECTIVES AND BLOOM’S TAXONOMY Item SO BT Item SO BT Item SO BT Item SO BT Item SO BT Exercises 1. 1 C 10. 3 K 19. 3 K 28. 5 C 37. 6 AP 2. 1 C 11. 3 K 20. 3 AP 29. 5 C 38. 6 AP 3. 1 K 12. 3 K 21. 3 K 30. 5 C 39. 6 AP 4. 2 N 13. 3 AP 22. 3 AP 31. 5 C 40. 6 AP 5. 2 C 14. 3 AP 23. 3,5 AN 32. 5 C 41. 6 AP 6. 2 C 15. 3 AP 24. 4 K 33. 5 K 7. 2 C 16. 3 AP 25. 4 C 34. 5 C 8. 2 K 17. 3 AP 26. 4 C 35. 5 AP 9. 2 K 18. 3 C 27. 4 K 36. 6 AP Note: K = Knowledge C = Comprehension AN = Analysis AP = Application 

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