Reporting Final Exam Solution. Accounting standards (5 MARKS) 1. Explain what gives Australian accounting standards authority and how is it enforced? The Corporations Act gives the standards the force of law. ASIC administer the Corps Act. and hence enforce the standards. Failure to comply with the standards can include legal proceedings‚ goal‚ financial penalties and prevention from acting as a manager or director of a company in the future. In addition‚ members of the accounting bodies (CPA‚ ICAA
Premium Finance Economics Accountant
1) Which one of the following is not one of the four main tissue categories? A) muscle tissue B) neural tissue C) osseous tissue D) connective tissue E) epithelial tissue 2) The tissue that always has a "top" and a "bottom" is A) epithelial tissue. B) connective tissue. C) muscle tissue. D) basal tissue. E) apical tissue. 3) Characteristics of epithelia include all of the following except A) attachment. B) avascularity. C) regeneration. D) polarity. E) extracellular
Premium Connective tissue Epithelium Tissues
activities during 2013 is a. $1‚100‚000. b. $1‚300‚000. c. $1‚600‚000. d. $1‚800‚000. e. None of the above. 3. Which of the following should be disclosed in a Summary of Significant Accounting Policies? a. Depreciation method followed b. Types of executory contracts c. Amount for cumulative effect of change in accounting principle d. Claims of equity holders e. None of the above Use the following information for the next three questions. The balance sheet data of Kohler Company at the end of 2013
Premium Balance sheet Generally Accepted Accounting Principles Depreciation
Biomechanics II Practice Exam 1. Why is it important to video your subject from as far away as possible‚ and then zoom in? a) b) c) d) reduces parallax errors gives you the opportunity to better frame the picture helps stop you missing data makes no difference 2. What would the differential of angular displacement vs. time data give? a) b) c) d) angular acceleration vs. time angular velocity data vs. time linear displacement vs. time tangential velocity vs. time 3. Conventional NTSC video
Premium Classical mechanics Mechanics Subject
some companies. Answer: True Difficulty: 1 Objective: 1 2. At the start of the budget period‚ management will have made most decisions regarding the level of variable costs to be incurred. Answer: False Difficulty: 1 Objective: 1 At the start of the budget period‚ management will have made most decisions regarding the level of fixed costs to be incurred. 3. One way to manage both variable and fixed overhead costs is to eliminate nonvalue-adding activities. Answer: True Difficulty:
Premium Variable cost Costs Cost accounting
of Management MGMT 201 – Managerial Accounting I Spring 2015 Practice Midterm Exam This practice exam consists of 30 multiple choice questions on 11 pages (including this cover page). Answer all questions. No partial credit is available for multiple choice questions. Be sure to put your answers to the multiple choice questions on your Scantron form. The exam is closed book. A basic four function calculator is permitted. GOOD LUCK. Please circle the best answer and fill-in the corresponding circle
Premium Costs Variable cost Fixed cost
First discuss how energy can be converted from one form to another‚ giving specific example: There are two types of energy conversion‚ potential and kinetic. Potential energy can be converted to kinetic and vice versa (Tillery‚ Enger‚ & Ross‚ 2009‚ p. 63). Any form of energy can be converted to another form of energy. Energy conversion is evident in the following conversions-a light bulb converts electrical energy into radiant energy and a car converts chemical energy into mechanical energy.
Premium Petroleum Fossil fuel Energy development
BUS110-WA Chapter 10 Review (Even) 2. Both of the Hawthorne Studies experiments resulted that if employees are happy and satisfied with their work‚ they’re motivated to perform better. Lights and group pressure only slightly affected the test groups. 4. Herzberg’s theory is broken into two dimensions‚ Satisfaction and dissatisfaction. The elements that affect satisfaction are achievement‚ recognition‚ responsibility‚ advancement‚ growth‚ and the work itself. The elements that affect dissatisfaction
Premium Management Motivation Employment
Accounting II Final Exam Review Chapter 18 Direct and Indirect Costs -Cost – a payment of cash or a commitment to pay cash in the future for the purpose of generating revenues. A. Cost object – costs that are often classified by their relationship to a segment of operations. Ex. Product‚ sales territory‚ a department‚ or an activity‚ such as research and development 1. Direct Cost = identified with and can be traced to a cost object Ex. The wood for a guitar is a direct cost of the
Premium Variable cost Costs Fixed cost
risk. The prices of money market securities are very stable (low duration) and they can be converted to cash (i.e.‚ sold) on very short notice and with very low transaction costs. 3. Which of the following correctly describes a repurchase agreement? Answer a. A repurchase agreement is an agreement whereby the seller of a security agrees to “repurchase” it from the buyer on an agreed upon date at an agreed upon price. It is effectively a loan collateralized by the asset sold and repurchased. 4. What
Premium Bond Federal Reserve System