Archives: Quiz

1) By what age do most people first have well-developed arterial plaque? a.30 b.40 c.50 d.60 2) What vitamin forms a part of coenzyme A? a.Biotin b.Folate c.Riboflavin d.Pantothenic acid Answer: d 3) Which of the following is a characteristic […]

1) About how many kcal are supplied by 8 oz of the typical sports drink? a.5-10 b.50-100 c.250-500 d.500-1,000 2) Which of the following nutrients are required in higher amounts during pregnancy due to their roles in the synthesis of […]

1) Which of the following is a feature of aerobic metabolism? a.Little or no oxygen is consumed b.Lactic acid is a major byproduct c.Energy is produced more slowly than in anaerobic metabolism d.Pyruvate is converted to glucose by reverse glycolysis […]

1) Although eating fish supports heart health and fish provides many vitamins and minerals, it is notably poor in a.iron b.protein c.unsaturated fats d.omega-3 fatty acids 2) Which of the following is the primary cause for hunger in the United […]

1) Binge drinking is defined as the successive consumption of a.1-2 drinks b.4-5 drinks c.6-9 drinks d.more than 10 drinks 2) Which of the following is the standard classification for a low-birthweight infant? a.3 1/2 lbs or less b.4 lbs […]

1) What term defines the condition of infant tooth deterioration resulting from chronic exposure to carbohydrate-rich fluids from a bottle? a.Juice bottle erosion b.Suckling enamelosis c.Formula-induced gingivitis d.Nursing bottle tooth decay 2) After sitting through a two-hour lecture in math, […]

1) John is looking to increase his dietary sources of vitamin C. However, he expresses a strong dislike for all citrus fruits. Which of the following shopping lists would you recommend? a.Liver, yogurt, milk b.Brussels sprouts, broccoli, strawberries c.Banana, peanut […]

1) Chronic excess alcohol intake leads to all of the following effects on folate EXCEPT a.the small intestine recycles more folate b.the liver releases more folate into the blood c.the kidneys excrete more folate via the urine d.the small intestine […]

1) Which of the following is NOT among the characteristics of food safety in the kitchen? a.Cooks should refrain from washing meat and poultry b.Leftover food from a meal should be promptly refrigerated c.Hand washing is significantly more effective than […]

1) What term describes factors that enhance the development of cancer after it has been initiated? a.Promoters b.Post-initiators c.Tumor formatives d.Tumor directives 2) Which of the following is a characteristic of enriched grain products? a.They have all of the added […]

1) What is intestinal ischemia? a.Reduced blood flow to the intestines b.Chronic episodes of reverse peristalsis c.Construction of intestinal lymph supply d.Inflammation of two or more sphincter muscles 2) Which of the following sources of nutrition for infants is least […]

1) What is meant by protein turnover? a.Nitrogen equilibrium b.The antibody-antigen complex c.The synthesis and degradation of body proteins d.The secondary structure of proteins that initiates folding 2) Which of the following risk factors for disease may be modified by […]

1) The bodys amino acid pool consists of a.essential amino acids only b.endogenous amino acids only c.nonessential amino acids only d.both essential and nonessential amino acids 2) What is the AMDR for fat? a.10-30% b.20-35% c.40-55% d.60-75% Answer: b 3) […]

1) Which of the following is known to cause a reduction in fat cell number in mice? a.Injection of leptin b.Supplements of ghrelin c.Long-term resistance exercise d.Consumption of high-protein diets 2) Which of the following is NOT among the features […]

1) Matching 1)Intermittent hunger caused by lack of money 2)The primary cause of hunger 3)USDA program aimed at preventing or remediating domestic malnutrition and hunger for the poor 4)Name of the largest national food recovery program 5)Approximate number, in billions, […]

1) To qualify for successful weight-loss maintenance, a 200-pound person who intentionally lost 20 lbs must hold the loss for at least a.3 months b.6 months c.1 year d.2 years 2) Abnormally low blood sodium concentration is known specifically as […]

1) A business purchased office supplies of $10,000 using a note The business would: A) debit Supplies for $10,000 and credit Accounts Payable for $10,000 B) debit Supplies for $10,000 and credit Notes Payable for $10,000 C) debit Note Receivable […]

1) Advantages of a corporation include: A) each stockholder can enter into agreements that legally bind all the stockholders B) the double taxation of distributed profits C) limited liability of the stockholders for the corporation’s debts D) each stockholder can […]

1) The total earned wages of an employee for the payroll period is the ________. The amount of earned wages the employee takes home is _________. A) gross pay; withholding amount B) gross pay; net pay C) net pay; gross […]

1) An investor receives a stock dividend from a long-term available-for-sale investment. Which journal entry is required? A) a debit to Cash and a credit to Dividend Revenue B) a debit to Cash and a credit to Unrealized Gain on […]

1) A company reports the following balances: What is reported on the statement of cash flows prepared with the indirect method for the year ended December 31, 2016? Assume there were no retirements of common stock during 2016. No dividends […]

1) If an investor company owns 35% of the common stock of another business, income received from the investee company are generally recorded by the investor company by: A) decreasing the investor company’s Common Stock account B) increasing the value […]

1) On January 1, 2014, Bucket Company purchased as an investment a $1,000, 7% bond for $980. Bucket plans to hold the bond until the maturity date of January 1, 2024. The bond pays interest on January 1 and July […]

1) The cost of installing lights in a company’s parking lot should be recorded as a cost of: A) land B) land improvements C) leasehold improvements D) leaseholds 2) The amount of owners’ equity attributable to each share of common […]

1) The Balance Sheet reports the Retained Earnings at the end of a fiscal year. Where does the amount of Retained Earnings as reported on the Balance Sheet come from? A) Trial Balance Worksheet B) Adjusted Trial Balance C) Unadjusted […]

1) Orlando Corporation incorporated on January 2, 2015. During 2015, Orlando had the following transactions: issued 30,000 shares of common stock at $25 per share. The par value per share is $1. purchased 5,000 shares of treasury stock at $28 […]

1) Net cash provided by operating activities is $2.3 million. Planned capital expenditures are $2 million. Depreciation expense is $1 million per year. What is free cash flow? A) ($700,000) B) $300,000 C) $1,000,000 D) $1,300,000 2) An Investment in […]

1) Cash-basis accounting does NOT record: A) purchase of supplies with cash B) sale of common stock C) payment of note payable D) depreciation expense 2) When a company uses borrowed money to earn a higher profit than the cost […]

1) A company has the following adjusted trial balance: What closing entries are needed? A) Debit Service Revenue for $33,000 and credit Retained Earnings for $33,000 B) Debit Rent Expense for $2,300 and credit Retained Earnings for $2,300 C) Credit […]

1) The ratio that measures a company’s success in using its assets to earn income for the persons who finance the business is the: A) leverage B) rate of return on total assets C) debt ratio D) times-interest-earned ratio 2) […]

1) Which of the following is an accurate statement about book and tax depreciation methods? A) Straight-line depreciation is the most popular method for income-tax purposes B) The IRS has their own set of rules to compute depreciation for income […]

1) Gary Kraen Company purchased equipment on May 1, 2014 for $100,000. The residual value is $10,000 and the estimated useful life is 10 years. What is the Depreciation Expense for the year ending December 31, 2015, if the company […]

1) A gain or loss on the sale of a long-term investment using the equity method is calculated by taking the difference between the cash received and: A) fair value of the investment B) lower-of-cost-or-market value of the investment C) […]

1) What is the calculation to determine the number of outstanding shares of stock? A) number of treasury stock shares plus number of issued shares B) number of authorized shares minus number of issued shares C) number of issued shares […]

1) What is the proper order for the different categories of cash flows reported on the statement of cash flows? A) Financing activities, investing activities, and operating activities B) Operating activities, investing activities, and financing activities C) Operating activities, financing […]

1) Accounts receivable is increased with a credit 2) Inventory is reported on the balance sheet at the selling price of the item. Answer: FALSE 3) In the statement of cash flows, purchases of fixed assets are considered to be […]

1) The amount of cash received on the sale of the company’s stock in excess of par value is called retained earnings. 2) The straight-line amortization method keeps interest expense at the same dollar amount for every interest payment over […]

1) The amount of prepaid insurance used up during a period of time is called Insurance Expense. 2) If the market interest rate is greater than the stated interest rate, the bonds will sell at a discount. Answer: TRUE 3) […]

1) The shipping terms in the sales contract determine when ownership of goods changes hands between the buyer and the seller. 2) A 2-for-1 stock split will increase total stockholders’ equity. Answer: FALSE 3) Lease payments are paid by the […]

1) On the stockholders’ equity section of the Balance Sheet, Common Stock is listed before Preferred Stock. 2) The Loss on Disposal of Equipment account is reported as Other Losses and Expenses on the income statement. Answer: TRUE 3) Expenses […]

1) Access to sensitive data files in a business should be protected by Trojan horses. 2) A receiving report informs a vendor of the amount of goods received by the purchaser. Answer: FALSE 3) Cash equivalents do NOT include highly […]

1) The expense recognition principle recognizes expenses in the period they are paid. 2) Taxable income should always match pretax accounting income. Answer: FALSE 3) A current ratio below 1.0 is a sign of financial strength for a company. Answer: […]

1) All employees should have a background check before being hired, and should be properly trained and supervised. 2) If a company declares and pays a dividend to its stockholders, both cash and expenses will decrease Answer: FALSE 3) The […]

1) Smart hiring practices and separation of duties is part of the control environment. 2) The income statement and the statement of cash flows often paint the same picture of the company. Answer: FALSE 3) If the stated interest rate […]

1) If a company has sales of $250 in 2015 and $225 in 2016, the percentage decrease from 2015 to 2016 is 10%. 2) If a corporation’s economic value added is negative, stockholders will probably be displeased with the company’s […]

1) Depreciation allocates the cost of land to expense over the useful life of the land. 2) A purchase discount decreases the cost of the inventory. Answer: TRUE 3) GAAP requires the use of accrual-basis accounting. Answer: TRUE 4) When […]

1) The market prices of bonds fluctuate inversely with market interest rates. 2) In order to effectively evaluate the days’ sales in receivables, it should be compared to the company’s credit terms. Answer: TRUE 3) A purchaser is willing to […]

1) An investor has a long-term available-for-sale stock investment. The investor receives a stock dividend on the stock investment. No journal entry is necessary for the stock dividend. 2) The adjusted trial balance lists only the balance sheet accounts and […]

1) Accounting information is used by investors and lenders, but not by regulatory bodies. 2) When an investor owns 35% of the stock of another business, cash dividends received from the investee company are recorded by decreasing the Equity-Method Investment […]

1) A corporation acts under its own name and not the name of its stockholders. 2) The sum of the cash in the petty cash fund and the total of the paid vouchers should equal the opening balance in the […]