UNIVERSITY OF TORONTO RSM 222 H1S MIDTERM EXAM‚ Winter 2014 Midterm Details: Duration: Total number of pages: Total number of marks: 110 minutes (1 hour 50 minutes) 15 (double-sided; including this cover page) 100 Please write clearly. Illegible responses may result in a mark of zero. When giving a quantitative answer‚ please show your supporting calculations. For nonquantitative questions‚ you may answer in point form‚ if appropriate. You may use a pen and/or pencil‚
Premium Management accounting Variable cost Costs
Accounting 3200 Midterm Exam‚ Term 3 - Chapters 1 - 5 and 17 1‚7‚ Questions #1‚ 6 and 9 are SIX points each. Questions #2 and 7 are FIVE points each. Question #3 is TEN points. Questions #4 and 5 are EIGHT points each. Question #8 is TWELVE points. Question #10 is SIXTEEN points. Question #11 is EIGHTEEN points. BE SURE TO SHOW ALL SUPPORTING COMPUTATIONS. NO COMPUTATIONS = NO POINTS IF ANSWER IS WRONG. Version: HMT03midon 1) Describe management accounting and financial accounting. Managerial
Premium Management accounting Costs Variable cost
1. The term planning involves a. the development of future objectives and the preparation of various budgets to achieve these objectives. b. the steps taken to ensure that objectives set down by management are attained. c. the steps taken to ensure that all parts of the organization function in a manner consistent with organizational policies. d. comparing budgeted and actual results and taking steps to remedy
Free Budget
my grade in accounting 203. I am not sure you are aware of this but my father passed away a few weeks ago while I was in the course and I had to miss a week and a half of class. Before his passing I was doing well in the course and I received a 89 on the first exam‚ but after his passing and missing class and dealing with his estate my final was a 50 and I looked on banner and saw I received a 76 for the course. I am not saying I did not earn a C in the class because I did take the exams‚ but my mind
Premium
How did mobilizing for war change the economy and its relationship to government? Which of these changes‚ if any‚ spilled over to the postwar years? Mobilizing for war normally would cause outrage among the public‚ but that was not the case when Wilson’s war message was delivered. The public response was extremely enthusiastic; many prominent public figures endorsed the call to arms. Above all‚ war mobilization was a campaign to unify the country. In August 1917‚ Congress passed the Food and
Free Great Depression World War II Popular culture
Ateneo de Zamboanga University SCHOOL OF MANAGEMENT AND ACCOUNTANCY Accounting 206: Cost Accounting and Cost Management‚ Part II Midterm Examination Kelvin J. Culajara‚ BSA‚ CPA Name: _____________________________________ Date: _______________ Score: __________ Test 1: Comprehensive Problem/Reporting Assume that you are the newly-hired chief cost accountant of Wapayutana Company. As the chief officer‚ you are tasked to monitor the flow of costs throughout the process‚ and hence‚ you are
Premium Cost Costs Labor
Review Test Submission: Midterm Exam Part 1 Instructions This midterm exam consist of 25 multiple choice questions and covers the material in Chapters 1 through 4. Question 1 4 out of 4 points The flat-screen plasma TVs are selling extremely well. The originators of this technology are earning higher profits. What theory of profit best reflects the performance of the plasma screen makers? Answer Selected Answer: innovation theory of profit Correct Answer: innovation
Premium Supply and demand Price elasticity of demand Regression analysis
Anthro 368 Midterm Due Monday‚ May 5th at 11:55p 75 points This exam is worth 74 points. Part 1 consists of You get one additional point for putting your name on your exam. You may use your book and notes to answer the questions. You may ask me about any question you don’t understand‚ however‚ if you ask questions over the weekend‚ or the night the exam is due‚ you may not get a prompt response. The deadline for the exam is set for your convenience; I am not available online the night the
Premium Grammar Question Answer
ACCT112 Midterm Assignment – Week 9 Due at the end of week 9. There are 70 marks. This assignment is worth 20 % of the total grade. True or False: (15 Marks) 1. In spite of its weaknesses‚ the cost principle is most often used because it is the most reliable basis of valuation. TRUE 2. The going concern assumption assumes the company will continue to operate for at least two years. TRUE 3. The economic entity assumption states that economic events can be identified with a
Premium Balance sheet Generally Accepted Accounting Principles Revenue
Grammar – MIDTERM EXAM #1 1. Underline the subject‚ operator and predication in the following sentences: 1. Peter carefully searched the room. 2. Most people enjoy listening to good music. 3. CD players have improved the quality of recorded music. 4. Mary’s sister is sleeping. 5. Music with a fast rhythm is good for dancing. 6. I have a brother. 7. Charlie Chaplin was given an Academy Award in 1972. 8. You should have told me that before! 9. The process of changing a computer programmed
Premium Anxiety