What is a cash generating unit? For the purposes of asset impairment testing‚ when is it necessary to consider cash generating units rather than the individual assets comprising the unit? Question 22: (4 marks) Explain the general nature of the accounting requirements specified in AASB 1039: Concise Financial Reports. Question 23: (4 marks) Define the terms ‘consolidated entity’ and ‘reporting entity’. SECTION C Question 24: (5 + 5 = 10 marks) Liquidation One
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Practice Exam 2 1. Short Stay Surgery uses a job costing system for all patients who have surgery. The clinic uses a normal costing system with operating hours as the allocation base. For the month of March‚ estimated total operating hours in the surgery suits were 3‚200 hours. The estimated overhead costs for the suites were $640‚000. Patient Sarah Handy was in surgery for 2.5 hours. Other costs related to Handy’s surgery include: Patient medicine $ 50
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PMP Exam Sample Questions (1) A Project Manager is at the project kick-off meeting. He confidently states the vision and mission for the project. This PM is exhibiting the following leadership style: 1. Hierarchal 2. Authoritarian 3. Charismatic 4. Associative Answer:C (2) You are in charge of developing a new product for an organization. Your quality metrics are based on the 80th percentile of each of the last three products developed. This is an example of: 1. Statistical
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SAMPLE EXAM 3 2010 1. Which of the following statements about the payment of defense costs by the PAP is (are) true? I. They are paid in addition to the policy limits. II. They are payable even after the limit of liability is exhausted. A) I only B) II only C) both I and II D) neither I nor II Answer: A 2. Defects of financial responsibility laws include which of the following? I. Accident victims may not be fully compensated for their injuries. II. They apply only to property
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CHEM 120 (Fall 2011) 1. Test #1 (Version 001) Page 2 of 8 (0.5 marks) Elemental mercury‚ Hg(l)‚ has a density of 13.6 g mL−1 at 25°C. What is the volume of 4.25 grams of Hg(l)? A. B. C. D. E. 0.313 mL 3.20 mL 17.8 mL 57.8 mL none of the above 2. (0.5 marks) What is the mass of 0.45 mol S? Choose the closest value. A. B. C. D. E. 9.7 g 0.45 g 14 g 0.049 g 15 g 3. (0.5 marks) Balance the following equation using the smallest whole number coefficients. C5H10O5 + O2 → H2O + CO2 What
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changing & challenging environments on business practice in all sectors Task 1: Assignment/ Research (Due: mid Feb) LO 1 AS 3 Socioeconom issues e.g. HIV/Aids OR unemploym’t programme LO 1 AS 1 – 4 LO 2 AS 1 & 2 LO 4 AS 1 & 2 Task2: March Exam (1 Paper – 2hrs) Task1. Assignment (Due: March) Social‚ cultural & demographic issues PHASE 2 (8 April 2013 – 21 June 2013) TERM 1/ 2 Module 2 Business Ventures Identify & research viable business opportunities & explore these & related
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BUS/475 Sample Final Exam 1. Which of the following is NOT an element of manufacturing overhead? a. Factory employee’s salary b. Depreciation on the factory c. Plant manager’s salary d. Factory repairperson’s wages 2. What accounts are NOT classified in the current assets section of the balance sheet? a. Cash b. Accounts payable c. Security deposits d. Inventory 3. The starting point of a master budget is the preparation
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Solution to Mid-Term Exam ADM 4348M Winter 2011 SPECIAL TOPICS IN FINANCIAL ACCOUNTING March 1‚ 2011 DMS 4140 17:30-20:30 Professor : Sheldon Weatherstone Duration: 3 hours Instructions 1. Non-programmable calculators are permitted‚ but you cannot share calculators. 2. Books and notes are not permitted. 3. Please do not ask the professor or the invigilator to explain or interpret questions. State any assumptions you feel are necessary. 4. Write your
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Sample paper Note: not 30 questions have been included here. Look at the on line Quizzes for revision questions. PART A This section is worth 30 marks Answer all the questions in Part A on the answer sheet provided‚ using pencil only: Question 1 Which of the following statements is true? (a) A profit maximising monopolist will always set price and output at a level where demand is price elastic. X (b) A profit maximising monopolist always produces where Average Revenue equals Average
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Bovenkant formulier H1 |1 |Which of the following statements best encapsulates the marketing mix? | |[pic] |Marketing comprises product decisions‚ pricing strategy‚ promotion and distribution. | |[pic] |Marketing comprises product decisions‚ sales strategy‚ PR and distribution. | |[pic] |Marketing comprises product decisions‚ sales strategy‚ promotion and personnel policy.
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