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📘 Test Bank: Fundamentals of Financial Accounting (7th Canadian Edition) By Fred Phillips & Brandy Mackintosh | © 2024

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Test Bank: Fundamentals of Financial Accounting (7th Canadian Edition) By Fred Phillips
Test Bank: Fundamentals of Financial Accounting (7th Canadian Edition) By Fred Phillips

🔍 Product Details

📚 About the Test Bank

The Test Bank for Fundamentals of Financial Accounting (7th Canadian Edition) offers a complete set of exam-style questions, quizzes, and multiple-choice problems designed to test your understanding of each chapter from the original textbook by Fred Phillips and Brandy Mackintosh.

This resource aligns perfectly with the core textbook and is crafted for educators, instructors, and students aiming to assess learning outcomes, prepare for exams, or enhance classroom performance.

🧠 What's Inside?

This test bank covers every topic found in the 7th edition of the textbook, including real-world business contexts, ensuring a comprehensive approach to learning and evaluation.

📖 Covered Chapters

  1. Business Decisions and Financial Accounting

  2. The Balance Sheet

  3. The Income Statement

  4. Adjustments, Financial Statements, and Financial Results

  5. Fraud, Internal Control, and Cash

  6. Merchandising Operations and the Multi-step Income Statement

  7. Inventory and Cost of Goods Sold

  8. Receivables, Bad Debt Expense, and Interest Revenue

  9. Long-Lived Tangible Assets, Intangible Assets, and Goodwill

  10. Liabilities

  11. Shareholders’ Equity

  12. Statement of Cash Flows

  13. Measuring and Evaluating Financial Performance

Appendices:

  • A: The Home Depot 2021 Financial Report

  • B: Lowe’s 2021 Financial Report

  • C: Present & Future Value Concepts

  • D: Investments in Other Corporations

✅ Why This Test Bank?

  • Authored by award-winning educators

  • Structured for Canadian accounting courses

  • Compatible with quizzes, midterms, and finals

  • Immediate access after purchase

  • Ideal for CPA students and accounting majors


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