CHAPTER 1
INTRODUCTION TO FINANCIAL STATEMENTS
SUMMARY OF QUESTIONS BY LEARNING OBJECTIVE AND BLOOM’S TAXONOMY
Item
LO
BT
Item
LO
BT
Item
LO
BT
Item
LO
BT
Item
LO
BT
True-False Statements
1.
1
K
9.
1
K
17.
2
K
25.
3
K
33.
3
K
2.
1
K
10.
1
K
18.
2
C
26.
3
K
34.
3
K
3.
1
K
11.
1
K
19.
2
K
27.
3
K
35.
3
K
4.
1
K
12.
2
K
20.
3
K
28.
3
C
36.
3
K
5.
1
K
13.
2
K
21.
3
K
29.
3
C
37.
3
K
6.
1
K
14.
2
K
22.
3
K
30.
3
C
38.
3
K
7.
1
K
15.
2
K
23.
3
K
31.
3
C
39.
3
K
8.
1
K
16.
2
K
24.
3
K
32.
3
C
40.
3
C
Multiple Choice Questions
41.
1
K
68.
1
K
95.
3
AP
122.
3
AP
149.
3
K
42.
1
K
69.
1
K
96.
3
K
123.
3
AN
150.
3
C
176. 3 AP
43.
1
K
70.
1
K
97.
2
C
124.
3
AN
151.
3
C
177. 3 AP
44.
1
K
71.
1
K
98.
2
C
125.
3
K
152.
3
C
178. 3 AP
45.
1
K
72.
1
C
99.
3
K
126.
3
K
153.
3
AP
179. 3 AP
46.
1
K
73.
1
K
100.
3
K
127.
3
K
154.
3
AP
180. 3 AP
47.
1
K
74.
1
K
101.
3
K
128.
3
AP
155.
3
AP
181. 3 AP
48.
1
K
75.
1
C
102.
3
C
129.
3
AP
156.
3
AP
184. 3 AP
49.
1
K
76.
2
C
103.
3
K
130.
3
AP
157.
3
AP
185. 3 AP
50.
1
K
77.
2
C
104.
3
C
131.
3
AP
158.
3
AP
186. 3 AP
51.
1
C
78.
2
K
105.
3
K
132.
3
AN
159.
3
K
52.
1
C
79.
2
K
106.
3
K
133.
3
AN
160.
3
K
53.
1
K
80.
2
K
107.
3
K
134.
3
AN
161.
3
AN
54.
1
K
81.
2
K
108.
3
K
135.
3
AN
162.
3
AN
55.
1
C
82.
2
K
109.
3
C
136
3
AN
163.
3
AN
56.
1
K
83.
2
K
110.
3
K
137.
3
K
164.
3
AN
57.
1
K
84.
2
K
111.
3
K
138.
3
K
165.
3
AN
58.
1
K
85.
2
K
112.
3
K
139.
3
K
166.
3
K
59.
1
K
86.
2
K
113.
3
C
140.
3
K
167.
3
K
60.
1
K
87.
2
K
114.
3
K
141.
3
K
168.
3
K
61.
1
K
88.
2
K
115.
3
C
142.
2
K
169.
3
K
62.
1
INTRODUCTION TO FINANCIAL STATEMENTS
SUMMARY OF QUESTIONS BY LEARNING OBJECTIVE AND BLOOM’S TAXONOMY
Item
LO
BT
Item
LO
BT
Item
LO
BT
Item
LO
BT
Item
LO
BT
True-False Statements
1.
1
K
9.
1
K
17.
2
K
25.
3
K
33.
3
K
2.
1
K
10.
1
K
18.
2
C
26.
3
K
34.
3
K
3.
1
K
11.
1
K
19.
2
K
27.
3
K
35.
3
K
4.
1
K
12.
2
K
20.
3
K
28.
3
C
36.
3
K
5.
1
K
13.
2
K
21.
3
K
29.
3
C
37.
3
K
6.
1
K
14.
2
K
22.
3
K
30.
3
C
38.
3
K
7.
1
K
15.
2
K
23.
3
K
31.
3
C
39.
3
K
8.
1
K
16.
2
K
24.
3
K
32.
3
C
40.
3
C
Multiple Choice Questions
41.
1
K
68.
1
K
95.
3
AP
122.
3
AP
149.
3
K
42.
1
K
69.
1
K
96.
3
K
123.
3
AN
150.
3
C
176. 3 AP
43.
1
K
70.
1
K
97.
2
C
124.
3
AN
151.
3
C
177. 3 AP
44.
1
K
71.
1
K
98.
2
C
125.
3
K
152.
3
C
178. 3 AP
45.
1
K
72.
1
C
99.
3
K
126.
3
K
153.
3
AP
179. 3 AP
46.
1
K
73.
1
K
100.
3
K
127.
3
K
154.
3
AP
180. 3 AP
47.
1
K
74.
1
K
101.
3
K
128.
3
AP
155.
3
AP
181. 3 AP
48.
1
K
75.
1
C
102.
3
C
129.
3
AP
156.
3
AP
184. 3 AP
49.
1
K
76.
2
C
103.
3
K
130.
3
AP
157.
3
AP
185. 3 AP
50.
1
K
77.
2
C
104.
3
C
131.
3
AP
158.
3
AP
186. 3 AP
51.
1
C
78.
2
K
105.
3
K
132.
3
AN
159.
3
K
52.
1
C
79.
2
K
106.
3
K
133.
3
AN
160.
3
K
53.
1
K
80.
2
K
107.
3
K
134.
3
AN
161.
3
AN
54.
1
K
81.
2
K
108.
3
K
135.
3
AN
162.
3
AN
55.
1
C
82.
2
K
109.
3
C
136
3
AN
163.
3
AN
56.
1
K
83.
2
K
110.
3
K
137.
3
K
164.
3
AN
57.
1
K
84.
2
K
111.
3
K
138.
3
K
165.
3
AN
58.
1
K
85.
2
K
112.
3
K
139.
3
K
166.
3
K
59.
1
K
86.
2
K
113.
3
C
140.
3
K
167.
3
K
60.
1
K
87.
2
K
114.
3
K
141.
3
K
168.
3
K
61.
1
K
88.
2
K
115.
3
C
142.
2
K
169.
3
K
62.
1