7/22/2013 ACCT 90004 Accounting for Decision Making Brad Potter Room 7.064‚ 198 Berkeley Street Tel: 8344 4989 bnpotter@unimelb.edu.au 1 1 7/22/2013 Subject Overview Introduction • This subject provides a broad introduction to the accounting process‚ accounting information systems and the language of accounting. • It is designed to enable you to become an informed preparer and user of accounting information. • Successfully completing this subject will also assist you
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University of Phoenix OnlineCourse: RES / 341Final Exam(Chapters 9+17 from Applied Statistics in Business and Economics )SOLUTIONPlease mark one answer for all multiple choice questions with RED!Chapter 91. In hypothesis testing‚ Type I error isA) always equal to 5 percent. B) always smaller or equal to 5 percent. C) the probability of rejecting H0 when H0 is true. D) the probability of rejecting H0 when H1 is true. Answer: C2. In hypothesis testing‚ Type II error isA) equal to 1 - probability
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UNIVERSITY OF SOUTH AUSTRALIA UNISA BUSINESS SCHOOL SCHOOL OF COMMERCE at er ia ls fo rU N IS A ACCT 2005 (Study Period 2‚ 2014) Study guide FA 2 20 14 M FINANCIAL ACCOUNTING 2 Course coordinator Sue McGowan A IS N rU fo at er ia ls M 14 20 2 FA © University of South Australia 2014 IS A CONTENTS N HOW TO USE THIS STUDY GUIDE rU INTRODUCTION INTRODUCTION AND OVERVIEW OF REPORTING ENVIRONMENT TOPIC 2:
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Chapter 50- Real Property and Landlord- Tenant Relationship Landlord Tenant Relationship A Lease Contract arises when a property owner (Landlord) agrees to give another party (Tenant) exclusive rights to possess the property- usually for a price and for a specified term. Landlord Duties 1. Implied warranty of habitability- The premises must be fit for basic human habitation 2. Possession- A landlord is obligated to give a tenant possession of the property that the tenant has agreed to
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ACCT 346 Midterm Exam Answers http://www.homeworkwarehouse.com/downloads/acct-346-midterm-exam-answers/ ACCT 346 Midterm Exam Answers 1. Question : (TCO 1) Managerial accounting stresses accounting concepts and procedures that are relevant to preparing reports for 2. Question : (TCO 1) Which of the following costs does not change when the level of business activity changes? 3. Question : (TCO 1) You own a car and are trying to decide whether or not to trade
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places in mail to landlord. When should the rent be taxed? Prior year because of agency theory (cash was handed to landlord agent in prior year. Another tenant comes up‚ and gives the landlord an interest bearing note of $1‚000 with a FMV $950. Check is treated as property. The note should be picked up at FMV ($950) Business Bad Debt - Ordinary deduction; Intangibles: Amortization over 15 yrs‚ including Goodwill (SS197) Non Business Bad Debt - Short term capital loss Cash vs. Accrual Basis
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A. Sales discount E. FOB shipping point H. Purchase discount B. Credit period F. Gross profit I. Cash discount C. Discount period G. Merchandise inventory J. Trade discount D. FOB destination 1. Goods a company owns and expects to sell to its customers. G 2. Time period that can pass before a customer’s payment is due. B 3. Seller’s description of a cash discount granted to buyers in return for early payment. A 4. Reduction below list or catalog price that is negotiated in setting the
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Lord And Lady Of The Manor * Lived in the best house of the manor and had servants to care for them * Several rooms * Walls draped with tapestries to keep out the cold * Every room had furniture * No electricity or plumbing * Enjoyed having expensive things that depicted their status * Lords also had obligations to look after. * Had to keep contract with vassal * Had to marry and have children * No children meant the vassal could take back land
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Energy: the ability to do work. Work= force x displacement. Power=energy/time Power is measured in watts or horsepower. Joules/sec=watts 1hp=746w=1kw Basal metabolic rate 2000kcal/day= 100w Batteries store energy in chemical form. They release energy by pumping electrons’ through wires from the minus pole to the plus pole. Devices inbetween convert this energy to another form‚ Efficieny- e.motor=85%‚ combustion= 20% Hydrogen is not a source of energy but a means of transportation Types of energy:
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INDIVIDUAL ASSIGNMENT DUE MONDAY- POST THESE TO THE MAIN CLASSROOM FORUM [please don’t start answering these DQs until Sunday or Monday‚ thanks] Complete and post a comprehensive weekly summary - please note what you got out of the week‚ what you still have questions on‚ etc. Please do not simply review the week’s reading for me. INDIVIDUAL ASSIGNMENT DUE MONDAY- POST TO YOUR ASSIGNMENTS AREA Individual
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