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Showing posts with label answer for accounting principles test. Show all posts
Showing posts with label answer for accounting principles test. Show all posts

Upwork Accounting Principles Test Answers - Part 1

#1 Question:
What was the purpose of the Sarbanes Oxley act, in general?

Answer: d. To better regulate public and private companies in the wake of recent accounting scandals


#2 Question:
How are third party adjustments to patient bills reflected in the financial statements?

Answer: b. As a deduction from revenue