MBA 607 Examination I I will select five of the following questions for the mid-term exam. You should be able to answer all of them. You may work together in study groups and analyze and answer the questions. Obviously‚ the exam will be an individual effort. 1 Accounting and Control The controller of a small private college is complaining about the amount of work she is required to do at the beginning of each month. The president of the university requires the controller to submit
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1. | Question : | (TCO F) Assume there is no beginning work in process inventory and the ending work in process inventory is 100% complete with respect to materials costs. The number of equivalent units with respect to materials costs under the weighted-average method is: | Student Answer: The same as the number of units put into production. | 2. | Question : | (TCO F) Process costing would be appropriate for each of the following except: | Student Answer: custom furniture
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Multiple choice When preparing a bank reconciliation‚ which of the following items should be added to the book balance? EFT receipts deposits in transit collection items both EFT receipts and collection items Which of the following must be added to beginning Retained Earnings to compute ending Retained Earnings? net income expenses dividends all of these answers are correct The use of the FIFO method increases taxable income: when prices are constant when prices are declining
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Grading Summary These are the automatically computed results of your exam. Grades for essay questions‚ and comments from your instructor‚ are in the "Details" section below. Date Taken: 8/3/2014 Points Received: 188 / 200 (94%) Question 1. Question : (TCO A) The Financial Accounting Standards Board employs a "due process" system‚ which: has all CPAs in the United States vote on a new statement. enables interested parties to express their views on issues under consideration.
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Building C has the lowest present value which means that the lowest costs. E 7-2 (Determining Cash Balance) 1. Only checking account balance of $925‚000 should be reported as cash. Certificate of deposit $1‚400‚000 is a temporary investment‚ short – term paper (penalties to early conversion to cash). Cash advance to subsidiary of $980‚000 is treated as receivables (assumed to
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FIU MAN 6726 MID-TERM ESSAY EXAM EXAMPLE QUESTION Instructions: There are five essay exam questions below. Select three of them to answer. Each question starts with an abstract of an article in Business Week Magazine. By clicking on the title of the article you can access the full article. NOTE: HERE IS AN EXAMPLE QUESTION TO GIVE YOU AN IDEA WHAT IS ON THE EXAM. THIS QUESTION IN NOT ONE OF THOSE ACTUALLY ON THE EXAM. Article: GM Pushes Hard with OnStar - Businessweek Reviewer:
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Question 1 0 out of 5 points A term for a target population’s abilities‚ current resources‚ and future resources is Question 2 5 out of 5 points Which of the following is NOT a key element to include in a mission statement Question 3 5 out of 5 points Caution should be used when using only existing lists as a sampling frame because they Question 4 5 out of 5 points What creates the basis or foundation for program planning? Question 5 5 out of
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1. Atlantis is a small‚ isolated island in the South Atlantic. The inhabitants grow potatoes and catch fresh fish. The accompanying table shows the maximum annual output combinations of potatoes and fish that can be produced. Obviously‚ given their limited resources and available technology‚ as they use more of their resources for potato production‚ there are fewer resources available for catching fish. Maximum annual output options Quantity
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CHE 145 B5z1 Lab Exam I Name_____________________ Direction: Answer the questions and show your work in the space provided. 1. Convert the following numbers to standard exponential form: a) 0.00352 _____3.52x10-3__ __ b) 0.01847 _____1.847x10-2____ c) 7‚604 ________7.604x103__ _ d) 536.2 x 105 ____5.362x107 _______ 2. How many significant figures are there in the following: a) 0.10849 ________5_________ b) 0.864 _______3_______
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B - 38. When a process fails to satisfy a customer: a. it is quite often the customer’s fault. b. it is considered a defect c. it is time to reengineer the process. d. it is usually half the customer’s fault and half the company’s fault. D - 39. Consumers consider five aspects when defining quality. Which one of the following is least likely to be one of these aspects? a. Value b. Fitness for use c. Psychological impressions d. Individual development B - 40. Which of the following
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