Name: Date: _

1. Resources owned by a business are referred to as

A) stockholders' equity.
B) liabilities.
C) assets.
D) revenues.

2. When expenses exceed revenues, which of the following is true?

A) a net loss results
B) a net income results
C) assets equal liabilities
D) assets are increased

3. Ending retained earnings for a period is equal to

A) Beginning Retained earnings+ Net income+ Dividends
B) Beginning Retained earnings - Net income - Dividends
C) Beginning Retained earnings+ Net income - Dividends
D) Beginning Retained earnings - Net income+ Dividends

4. Net income results when

A) Assets > Liabilities.
B) Revenues= Expenses.
C) Revenues > Expenses.
D) Revenues < Expenses.

5. If the retained earnings account decreases from the beginning of the year to the end of
the year, then
A) net income is less than dividends.
B) there was a net income and no dividends.
C) additional investments are less than net losses.
D) net income is greater than dividends.

Page I
6. Ashley's Accessory Shop started the year with total assets of $140,000 and total
liabilities of $80,000. During the year the business recorded $220,000 in revenues,
$110,000 in expenses, and dividends of$40,000. The net income reported by Ashley's
Accessory Shop for the year was
A) $80,000.
B) $100,000.
C) $130,000.
D) $110,000.

7. The Stockholders' equity section of the balance sheet should list:

A) common stock and dividends.
B) common stock and retained earnings.
C) dividends and retained earnings.
D) net income and retained earnings.

8. Elston Company compiled the following financial information as of December 31, 2014:
Service revenue $700,000
Common stock 150,000
Equipment 200,000
Operating expenses 625,000
Cash 175,000
Dividends 50,000
Supplies 25,000
Accounts payable 100,000
Accounts receivable 75,000
Retained earnings, 1/1/14 375,000

Elston's stockholders' equity on December 31, 2014 is

A) $525,000.
B) $550,000.
C) $400,000.
D) $600,000.

Page, 2
 9. Marvin Services Corporation had the following accounts and balances:

Accounts payable $18,000 Equipment $21,000

Accounts receivable 3,000 Land 21,000
Buildings ? Unearned service revenue 6,000
Cash 9,000 Total stockholders' equity ?

If total stockholder's equity was $57,000, what would be the balance of the Buildings Account?
A) $21,000
B) $81,000
C) $87,000
D) $27,000

10. Equipment is classified on the balance sheet as

A) a current asset.
B) property, plant, and equipment.
C) an intangible asset.
D) a long-term investment.

11. Use the following data to determine the total amount of working capital.
Koonce Office Supplies
Balance Sheet December
31, 2014

Cash $ 130,000 Accounts payable $ 140,000

Accounts receivable 100,000 Salaries and wages payable 20,000
Inventory 110,000 Mortgage payable 160 000
Prepaid insurance 60,000 Total liabilities $320,000
Goodwill 170,000
Land 180,000
Buildings $210,000 Common stock $240,000
Less:Accumulated Retained earnings 500,000
depreciation (40,000) 170,000 Total stockholders' equity $740,000
Trademarks 140 000 Total liabilities and
Total assets $1 060 000 stockholders' equity $1 060 000
A) $240,000
B) $390,000
C) $130,000
D) $180,000

Page 3
12. Use the following data to calculate the current ratio.
Eddy Auto Supplies
Balance Sheet
December 31, 2014

Cash $ 84,000 Accounts payable $ 110,000

Accounts receivable 80,000 Salaries and wages payable 20,000
Inventory 140,000 Mortgage payable 180.000
Prepaid insurance 60,000 Total liabilities $310,000
Goodwill 170,000
Land 190,000
Buildings $226,000 Common stock $240,000
Less: Accumulated Retained earnings 500 000
depreciation (40,000) 186,000 Total stockholders' equity $740,000
Trademarks 140 000 Total liabilities and
Total assets $] 050 000 stockholders' equity $1 050 000
A) 2.34: 1
B) 2.80: 1
C) 3.31 : 1
D) 1.26: 1

13. At December 31, 2014 Lowery Company had retained earnings of $2,384,000 after
closing entries. During 2014 they issued stock for $98,000, and declared and paid
dividends of $34,000. Net income for 2014 was $402,000. The retained earnings balance at
the beginning of 2014 was
A) $2,752,000.
B) $2,016,000.
beg Re + 402000 - 34000 = 2384000
C) $2,114,000.
D) $2,654,000.

14. The current ratio is

A) current assets plus current liabilities.
B) current assets minus current liabilities.
C) current assets divided by current liabilities.
D) current assets times current liabilities.

15. Generally accepted accounting principles

A) are accounting rules formulated by the Internal Revenue Service.
B) are sound in theory but rarely used in real life.
C) are accounting rules that are recognized as a general guide for financial reporting.
D) have eliminated all errors in accounting.

Page 4
16. If total liabilities decreased by $4,000, then
A) stockholders' equity must have decreased by $4,000.
B) assets must have decreased by $4,000, or stockholders' equity must have increased
by$4,000.
C) assets and stockholders' equity each increased by $2,000.
D) assets must have increased by $4,000.

17. If services are rendered for cash, then

A) assets will increase.
B) liabilities will increase.
C) stockholders' equity will decrease.
D) liabilities will decrease.

18. The purchase of an asset on credit

A) increases assets and stockholders' equity.
B) increases assets and liabilities.
C) decreases assets and increases liabilities.
D) leaves total assets unchanged.

I9. When collection is made on Accounts Receivable,

A) total assets will remain the same.
B) stockholders equity will increase.
C) total assets will increase.
D) total assets will decrease.

20. Which of the following items has no effect on retained earnings?

A) Expense
B) Dividends
C) Land purchase
D) Revenue

21. If a company pays dividends of$10,000,

A) stockholders' equity will be reduced by $10,000.
B) net income will be reduced by $10,000.
C) retained earnings will be reduced by $10,000.
D) Both retained earnings and stockholders' equity will be reduced by $10,000.

Page 5
22. The right side of an account
A) is the correct side.
B) reflects all transactions for the accounting period.
C) shows all the balances of the accounts in the system.
D) is the credit side.

23. Debits
A) increase both assets and liabilities.
B) decrease both assets and liabilities.
C) increase assets and decrease liabilities.
D) decrease assets and increase liabilities.

24. The normal balance of any account is the

A) left side.
B) right side.
C) side which increases that account.
D) side which decreases that account.

25. An accountant has debited an asset account for $1,000 and credited a liability account
for $500. What can be done to complete the recording of the transaction?
A) Nothing further must be done.
B) Debit a stockholders' equity account for $500.
C) Debit another asset account for $500.
D) Credit a different asset account for $500.

26. Which pair of accounts has the same normal balance?

A) Salaries Expense and Notes Payable
B) Common Stock and Rent Expense
C) Prepaid Rent and Advertising Expense
D) Service Revenue and Equipment

27. A revenue account

A) is increased with a debit.
B) is decreased with a credit.
C) is increased with a credit.
D) has a normal balance of a debit.

Page 6
28. Why are expenses increased with a debit?
A) They are always paid by cash, which is credited. Thus expenses are debited.
B) They decrease stockholders' equity thus they increase with a debit.
C) They have the same rules of debits and credits as the retained earnings account.
D) None of the statements are correct.

29. At October 1, 2014, Metz Industries had an Accounts Payable balance of$70,000.
During the month, the company made purchases on account of $50,000 and made
payments on account of $80,000. At October 31, 2014, the Accounts Payable balance is
A) $70,000 debit
B) $10,000 credit
C) $40,000 credit
D) $80,000 credit

30. When a company has performed a service but has not yet received payment, it
A) debits accounts receivable and credits service revenue.
B) debits revenue from services and credits accounts receivable.
C) debits revenue from services and credits accounts payable.
D) makes no entry until the cash is received.

31. Which statement is incorrect?

A) A chart of accounts is a listing of accounts used by a business.
B) New accounts can be added to the chart of accounts.
C) Stockholders' Equity is an account that is included in the chart of accounts.
D) Account titles for the chart of accounts are used in general journal entries.

32. Which of the following errors, each considered individually, would cause the trial
balance to be out of balance?
A) A payment of$148 to a creditor was posted as a debit to Accounts Payable and a
debit of$148 to Cash.
B) Cash of $530 received from a customer on account was posted as a debit of $350 to
Cash and as a credit of $350 to Accounts Payable.
C) A payment of $59 for supplies was posted as a debit of $95 to Supplies and a credit
of$95 to Cash.
D) A transaction was not posted.

33. Expenses are recognized when:

A) they contribute to the production of revenue.
B) they are paid.
C) they are billed by the supplier.
D) the invoice is received.

Page 7
34. Otto's Tune-Up Shop follows the revenue recognition principle. Otto services a car on
August 31. The customer picks up the vehicle on September 1 and mails the payment to Otto
on September 5. Otto receives the check in the mail on September 6. When should Otto show
that the revenue was recognized?
A) August31
B) August 1
C) September 5
D) September 6

35. On April 1, 2013, nPropel Corporation paid $48,000 cash for equipment that will be
used in business operations. The equipment will be used for four years. nPropel records
depreciation expense of $48,000 for the calendar year ending December 31, 2013.
Which accounting principle has been violated?
A) Depreciation principle.
B) No principle has been violated.
C) Cash principle.
D) Expense recognition principle.

36. The primary difference between prepaid and accrued expenses is that prepaid expenses have:
A) been incurred and accrued expenses have not.
B) not been paid and accrued expenses have.
C) been recorded and accrued expenses have not.
D) not been recorded and accrued expenses have.

Page 8
37. Boyce Company purchased office supplies costing $5,000 and debited Supplies for the
full amount. At the end of the accounting period, a physical count of office supplies
revealed $1,800 still on hand. The appropriate adjusting journal entry to be made at the
end of the period would be:
A) debit Supplies Expense, $3,200; credit Supplies, $3,200.
B) debit Supplies, $1,800; credit Supplies Expense, $1,800.
C) debit Supplies Expense, $1,800; credit Supplies, $1,800.
D) debit Supplies, $3,200; credit Supplies Expense, $3,200.

38. If a business pays rent in advance and debits a Prepaid Rent account, the company
receiving the rent payment will credit:
A) cash.
B) prepaid rent.
C) unearned rent revenue.
D) accrued rent revenue.

39. Mary Richardo has performed $500 of CPA services for a client but has not billed the
client as of the end of the accounting period. What adjusting entry must Mary make?
A) Debit Cash and credit Unearned Service Revenue
B) Debit Accounts Receivable and credit Unearned Service Revenue
C) Debit Accounts Receivable and credit Service Revenue
D) Debit Unearned Service Revenue and credit Service Revenue

40. Which account will have a zero balance after closing entries have been journalized and
posted?
A) Service revenue.
B) Supplies.
C) Prepaid Insurance.
D) Accumulated Depreciation.

41. Which type of accounts will not appear in the post-closing trial balance?
A) Asset accounts
B) Permanent accounts
C) Liability accounts
D) Temporary accounts

Page 9
42. A company using the cash basis of accounting reports net income for 2014 of$45,460. If
the company had used the accrual basis of accounting it would have reported the
following year-end balances:

2014 2013
Accounts receivable $3,850 $5,100
Supplies 1,740 1,950
Salaries and Wages payable 3,600 2,250
Other unpaid amounts 2,400 2,100

Instructions:
Determine the company's net income under the accrual basis of accounting. Show your
calculations. Use the column headings shown below.

Explanation Amount

43. Net income will result if gross profit exceeds

A) cost of goods sold.
B) operating expenses.
C) purchases.
D) cost of goods sold plus operating expenses.

44. A credit sale of $1,900 is made on April 25, terms 2/10, net/30, on which a return of
$100 is granted on April 28. What amount is received as payment in full on May 4?
A) $1,764
B) $1,862
C) $1,900
D) $1,800

45. When using a perpetual inventory system, why are discounts credited to Inventory?
A) The discounts are debited to discount expense and thus the credit has to be made to
merchandise inventory.
B) The discounts reduce the cost of the inventory.
C) The discounts are a reduction of business expenses.
D) None of these answers choices are correct.

Page 10
46. Anderson Inc. sells $900 of merchandise on account to Baltic Company with credit terms
of2/10, n/30. If Baltic Company remits a check taking advantage of the discount offered,
what is the amount of Baltic Company's check?
A) $882
B) $900
C) $810
D) $840

47. Which sales accounts normally have a debit balance?

A) Sales Discounts
B) Sales Returns and Allowances.
C) Both Sales Discounts and Sales Returns and Allowances have debit balances.
D) Neither Sales Discounts or Sales Returns and Allowances have debit balances.

48. Which of the following would not be classified as a contra account?

A) Sales Revenue
B) Sales Returns and Allowances
C) Accumulated Depreciation
D) Sales Discounts

49. Financial information is presented below:

Operating expenses $ 36,000
Sales revenue 150,000
Cost of goods sold 105,000
Gross profit would be
A) $114,000.
B) $ 36,000.
C) $ 45,000.
D) $ 24,000.

50. At the beginning of the year, Uptown Athletic had an inventory of $400,000. During the
year, the company purchased goods costing $1,500,000. If Uptown Athletic reported
ending inventory of $500,000 and sales of $2,000,000, their cost of goods sold and gross
profit rate would be
A) $1,000,000 and 70%.
B) $1,400,000 and 30%.
C) $1,000,000 and 30%.
D) $1,400,000 and 70%.

Page 11
51. A company shows the following balances:
Sales Revenue $1,000,000
Sales Returns and Allowances 175,000
Sales Discounts 25,000
Cost of Goods Sold 560,000

What is the gross profit rate?

A) 56%
B) 70%
C) 44%
D) 30%

52. If goods in transit are shipped FOB destination

A) the seller has legal title to the goods until they are delivered.
B) the buyer has legal title to the goods until they are delivered.
C) the transportation company has legal title to the goods while the goods are in
transit.
D) no one has legal title to the goods until they are delivered.

53. At December 31, 2014 Mohling Company's inventory records indicated a balance of
$602,000. Upon further investigation it was determined that this amount included the
following:
• $112,000 in inventory purchases made by Mohling shipped from the seller 12/27/14
terms FOB destination, but not due to be received until January 2nd
• $74,000 in goods sold by Mohling with terms FOB destination on December 27th.
The goods are not expected to reach their destination until January 6th .
• $6,000 of goods received on consignment from Dollywood Company

What is Mohling's correct ending inventory balance at December 31, 2014?

A) $490,000
B) $596,000
C) $410,000
D) $484,000

Page 12
54. Olympus Climbers Company has the following inventory data:
July I Beginning inventory 20 units at $19 $ 380
7 Purchases 70 units at $20 1,400
22 Purchases 10 units at $22 220
$2,000
A physical count of merchandise inventory on July 30 reveals that there are 32 units on
hand. Using the FIFO inventory method, the amount allocated to cost of goods sold for July
is
A) $620.
B) $660.
C) $1,340.
D) $1,380.

55. Quiet Phones Company has the following inventory data:

July 1 Beginning inventory 20 units at $19 $ 380
7 Purchases 70 units at $20 1,400
22 Purchases 10 units at $22 220
$2,000
A physical count of merchandise inventory on July 30 reveals that there are 32 units on
hand. Using the LIFO inventory method, the amount allocated to cost of goods sold for July
is
A) $620.
B) $660.
C) $1,340.
D) $1,380.

56. Orange-Aide Company has the following inventory data:

July 1 Beginning inventory 20 units at $20 $ 400
7 Purchases 70 units at $21 1,470
22 Purchases 10 units at $22 220
$2,090
A physical count of merchandise inventory on July 30 reveals that there are 25 units on hand.
Using the average cost method, the value of ending inventory is
A) $535
B) $523
C) $525
D) $550

57. Which of the following items will increase inventoriable costs for the buyer of goods?
A) Purchase returns and allowances granted by the seller
B) Purchase discounts taken by the purchaser
C) Freight charges paid by the seller
D) Freight charges paid by the purchaser

Page 13
58. Carryable CDs has the following inventory data:
Nov. 1 Inventory 30 units@ $4.00 each
8 Purchase 120 units@ $4.30 each
17 Purchase 60 units @ $4.20 each
25 Purchase 90 units@ $4.40 each
A physical count of merchandise inventory on November 30 reveals that there are 100
units on hand. Cost of goods sold under LIFO is
A) $438
B) $846
C) $421
D) $863

59. Hoover Company had beginning inventory of$15,000 at March 1, 2014. During the
month, the company made purchases of $55,000. The inventory at the end of the month is
$17,300. What is cost of goods sold for the month of March?
A) $52,700
B) $55,000
C) $70,000
D) $72,300

60. Which inventory method generally results in costs allocated to ending inventory that will
approximate their current cost?
A) LIFO
B) FIFO
C) Average cost method
D) Whichever method that produces the highest ending inventory figure

61. When applying the lower of cost or market rule to inventory valuation, market generally
means
A) current replacement cost.
B) original cost.
C) resale value.
D) original cost, less physical deterioration.

62. Which statement concerning lower of cost or market (LCM) is incorrect?

A) LCM is an example of a company choosing the accounting method that will be
least likely to overstate assets and income.
B) Under the LCM basis, market does not apply because assets are always recorded
and maintained at cost.
C) The LCM basis uses current replacement cost because a decline in this cost usually
leads to a decline in the selling price of the inventory item.
D) LCM is applied after one of the cost flow assumptions has been applied.

Page 14
63. The inventory turnover is calculated by dividing cost of goods sold by
A) beginning inventory.
B) ending inventory.
C) average inventory.
D) 365 days.

64. An error in the physical count of goods on hand at the end of a period resulted in a
$10,000 overstatement of the ending inventory. The effect of this error in the current
period is
Cost of Goods Sold Net Income
a. Understated Understated

b. Overstated Overstated
C. Understated Overstated
d. Overstated Understated

65. An overstatement of ending inventory in one period results in

A) no effect on net income of the next period.
B) an overstatement of net income of the next period.
C) an understatement of net income of the next period.
D) an overstatement of the ending inventory of the next period.

66. Carson Company on July 15 sells merchandise on account to Tayler Co. for $2,000,
terms 2/10, n/30. On July 20 Tayler Co. returns merchandise worth $800 to Carson
Company. On July 24 payment is received from Tayler Co. for the balance due. What is
the amount of cash received?
A) $1,200
B) $1,176
C) $1,160
D) $2,000

67. The account Allowance for Doubtful Accounts is classified as a(n)

A) liability.
B) contra account of Bad Debt Expense.
C) expense.
D) contra account to Accounts Receivable.

68. Under the allowance method, writing off an uncollectible account

A) affects only balance sheet accounts.
B) affects both balance sheet and income statement accounts.
C) affects only income statement accounts.
D) is not acceptable practice.

Page 15
69. The collection of an account that had been previously written off under the allowance
method of accounting for uncollectibles
A) will increase income in the period it is collected.
B) will decrease income in the period it is collected.
C) requires a correcting entry for the period in which the account was written off.
D) does not affect income in the period it is collected.

70. A debit balance in the Allowance for Doubtful Accounts

A) is the normal balance for that account.
B) indicates that actual bad debt write-offs have exceeded previous provisions for bad
debts.
C) indicates that actual bad debt write-offs have been less than what was estimated.
D) cannot occur if the percentage of receivables method of estimating bad debts is
used.

71. Using the percentage-of-receivables method for recording bad debt expense, estimated
uncollectible accounts are $45,000. If the balance of the Allowance for Doubtful Accounts
is $11,000 debit before adjustment what is the balance after adjustment?
A) $45,000
B) $11,000
C) $56,000
D) $34,000

72. Using the allowance method, the uncollectible accounts for the year are estimated to be
$40,000. If the balance for the Allowance for Doubtful Accounts is a $9,000·credit
before adjustment, what is the balance after adjustment?
A) $9,000
B) $31,000
C) $40,000
D) $49,000

73. Net credit sales for the month are $750,000. The accounts receivable balance is
$160,000. The allowance is calculated as 5% of the receivables balance using the
percentage-of-receivables method. If the Allowance for Doubtful Accounts has a
credit balance of $5,000 before adjustment, what is the balance after adjustment?
A) $ 8,000
B) $ 3,000
C) $13,000
D) $ 8,250

Page 16
 74. During 2014 Sedgewick Inc. had sales on account of $264,000, cash sales of $108,000, and
collections on account of $168,000. In addition, they collected $2,900 which had been
written off as uncollectible in 2013. As a result of these transactions the change in the
accounts receivable balance indicates a
A) $201,100 increase.
B) $ 96,000 increase.
C) $ 93,100 increase.
D) $204,000 increase.

75. The interest on a $6,000, 6%, 90-day note receivable is

A) $360.
B) $180
C) $90.
D) $270.

76. Nance Co. holds Gant Inc.'s $25,000, 120 day, 9% note. The entry made by Nance Co.
when the note is collected, assuming no interest has previously been accrued is:
A) Cash 25,000
Note Receivable 25,000

B) Accounts Receivable 25,750

Note Receivable 25,000
Interest Revenue 750

C) Cash 25,750
Note Receivable 25,000
Interest Revenue 750

D) Accounts Receivable 25,750

Note Revenue 25,000
Interest Revenue 750

77. Burke Company purchases land for $90,000 cash. Burke assumes $2,500 in property taxes
due on the land. The title and attorney fees totaled $1,000. Burke has the land graded for
$2,200. They paid $10,000 for paving of a parking lot. What amount does Burke record as
the cost for the land?
A) $93,200.
B) $105,700.
C) $95,700.
D) $90,000. no parking lot

Page 17
78. Runge Company purchased machinery on January 1 at a list price of $250,000, with credit
terms 2/10, n/30. Payment was made within the discount period. Runge paid
$12,500 sales tax on the machinery, and paid installation charges of $4,400. Prior to
installation, Runge paid $10,000 to pour a concrete slab on which to place the machinery.
What is the total cost of the new machinery?
A) $261,900.
B) $271,900.
C) $276,900.
D) $252,500.

79. The balance in the Accumulated Depreciation account represents the

A) cash fund to be used to replace plant assets.
B) amount to be deducted from the cost of the plant asset to arrive at its fair market
value.
C) amount charged to expense in the current period.
D) amount charged to expense since the acquisition of the plant asset.

80. On October 1, 2014, Mann Company places a new asset into service. The cost of the asset
is $80,000 with an estimated 5-year life and $20,000 salvage value at the end of its useful
life. What is the depreciation expense for 2014 if Mann Company uses the straight-line
method of depreciation?
A) $3,000.
B) $16,000.
C) $4,000.
D) $8,000.

81. A plant asset was purchased on January 1 for $75,000 with an estimated salvage value of
$15,000 at the end of its useful life. The current year's Depreciation Expense is
$5,000 calculated on the straight-line basis and the balance of the Accumulated
Depreciation account at the end of the year is $25,000. The remaining useful life of the plant
asset is
A) 15 years.
B) 12 years.
C) 5 years.
D) 7 years.

Page 18
 82. An asset was purchased for $300,000. It had an estimated salvage value of $60,000 and
an estimated useful life of 10 years. After 5 years of use, the estimated salvage value is
revised to $48,000 but the estimated useful life is unchanged. Assuming straight-line
depreciation, depreciation expense in Year 6 would be
A) $36,000.
B) $26,400.
C) $18,000.
D) $25,200.

83. The book value of a plant asset is the difference between the
A) replacement cost of the asset and its historical cost.
B) cost of the asset and the amount of depreciation expense for the year.
C) cost of the asset and the accumulated depreciation to date.
D) proceeds received from the sale of the asset and its original cost.

84. A company sells a plant asset that originally cost $240,000 for $80,000 on December 31,
2014. The accumulated depreciation account had a balance of $120,000 after the current
year's depreciation of $20,000 had been recorded. The company should recognize a
A) $40,000 loss on sale.
B) $40,000 gain on sale.
C) $80,000 loss on sale.
D) $80,000 gain on sale.

Page 19
Answer Key

1. C
2. A
3. C
4. C
5. A
6. D
7. B
8. B
9. D
10. B
11. A
12. B
13. B
14. C
15. C
16. B
17. A
18. B
19. A
20. C
21. D
22. D
23. C
24. C
25. D
26. C
27. C
28. B
29. C
30. A
31. C
32. A
33. A
34. A
35. D
36. C
37. A
38. C
39. C
40. A
41. D

Page 20
42. (10 min.)
Explanation Amount
Cash basis net income $45,460
The decrease in accounts receivable would be
included in cash basis net income, but not
accrual basis net income (1,250)
The decrease in supplies would not be included
in cash basis net income ( 210)
The increase in wages payable would be
deducted in accrual basis net income (1,350)
The increase in other unpaid amounts would
be deducted in accrual basis net income ( 300)
Accrual basis net income $42 350
43. B
44. A
45. B
46. A
47. C
48. A
49. C
50. B
51. D
52. A
53. D
54. C
55. D
56. B
57. D
58. D
59. A
60. B
61. A
62. B
63. C
64. C
65. C
66. B
67. D
68. A
69. D
70. B
71. A
72. C
73. A
74. B
75. C

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76. C
77. C
78. B
79. D
80. A
81. D
82. B
83. C
84. A

Page 32