1.The organization responsible for analyzing how the government spends taxpayer dollars is the -*CONCEPT Governance 2. A Program Manager and a Vice President discussing the costs associated with the completion of a recent project, so that future cost estimates can be made, is an example of which of the following? - *CONCEPT Accounting in Practice 3. An entry is made on the left side of an account ledger, indicating which of the following? -*CONCEPT Debit and Credit 4. Which one of the following statements is true regarding permanent accounts * *CONCEPT Account Groups 5. Which illustration below correctly shows Paula opening her baby clothing store with a monetary investment of $9,250.00? * *CONCEPT Journal Entries 6. Transferring $12,000 in revenue and $8,000 in expenses into equity would be performed during which phase of the accounting cycle? - *CONCEPT Accounting Cycle Summary 7. Which of the following is NOT a good use of a T-account? - *CONCEPT T-Accounts, Cash Entries 8. Which of the following is NOT true of a natural balance? - *CONCEPT Natural Balance 9. Which of the following is responsible for conducting an independent examination of a company's financial statements and records? -*CONCEPT Accounting in Practice 10. Which of the following is a violation of the Sarbanes-Oxley Act? - *CONCEPT Origins and Ethics 11. What is the name of the accounting system documented in the 15th century by Luca Pacioli? - CONCEPT Origins and Ethics 12. Which of the following kinds of companies would use a 990 tax form? - CONCEPT Businesses and Organizations