Intermediate Financial Accounting II
Fall 2011
ADM3340 Sections A & B
ID#:
Name:
Section:
Tuesday & Friday
Tuesday evening
Instructions:
•
•
•
•
•
•
•
•
•
•
•
Write your name and student ID number above.
Turn off all cell phones.
This examination comprises 5 questions over 20 numbered pages.
Answer Question 1’s multiple-choice questions on the SCANTRON sheet provided.
Answer Questions 2-5 in this booklet. Booklet is not to be removed from the examination room.
You may not separate the pages.
Limit your answer to the space provided. Blank sheets for rough work and supporting calculations are given at the end of each question.
This exam will be marked out of 100 marks for convenience and is 3 hours long. You should budget approximately 1.8 minutes per mark. The exam is worth 50% of the overall course mark.
Please do not ask the invigilator or the professor any questions, as they will not be answered. State reasonable assumptions, if you feel they are necessary.
Present value tables are provided on pages 19-20.
Language (non-electronic) dictionaries are allowed if permitted by the professor.
You must sign the Statement of Academic integrity on page 2 of this exam.
Marks
Question
1
20 x 1-mark multiple choice questions 2: part 1
Financial instrument classification /6
2: part 2
Convertible bond: issuance
/6
2: part 3
Convertible bond: conversion
/6
2: part 4
Non-financial derivative
/8
3
EPS
/20
/15
4: part 1
Accounting
/8
4: part 2
changes
/6
and
4: part 3
4: part 4
error analysis Statement of Cash Flows
5
TOTAL
ADM3340 Fall 2011 Final Examination for posting to docdepot
/6
/6
/13
/100
1/20
Statement of Academic Integrity
The Telfer School of Management does not condone academic fraud, an act by a student that may result in a false academic evaluation of that student or of another student. Without limiting the generality of this definition, academic fraud occurs when a student commits any of the following
offences: