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: | 8/3/2013 | Time Spent: | 24 min ‚ 43 secs | Points Received: | 90 / 100 (90%) | | Question Type: | # Of Questions: | # Correct: | Multiple Choice | 10 | 9 | | | Grade Details - All Questions | 1. | Question : | (TCO A) Which of the following statements is CORRECT? | | | Student Answer: | |
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Question 1: At any of these dates‚ did Intel have a contingent liability as defined by SFAS #5? June 30: Intel has discovered the flaw No contingent liability‚ no disclosure. According to Intel‚ a series of tests has showed that an error would occur only once every nine billion random calculations‚ or every 27‚000 years for most users. Therefore‚ the chance that customers would encounter errors in calculations on their Pentium-driven PCs is slight and the event that customers would
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3. Explain the post-16 options for young people and adults Due to rise in levels of unemployment for those in the age brackets of 16-24year old over the last 10 years‚ the government set up the September Guarantee to give this age range more opportunity post education. It is predominantly aimed at 14-19yr olds and meant that once they left compulsory education‚ by the end of September that same year they would have a place in some kind of further education. This was to avoid them becoming ‘NEETS’
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CHAPTER REVIEW Kieso 13e 1. Chapter 16 examines the issues related to accounting for dilutive securities at date of issuance and at time of conversion. Also‚ the impact of the computation of earnings per share is presented. The significance attached to the earnings per share figure by stock-holders and potential investors has caused the accounting profession to direct a great deal of attention to the calculation and presentation of earnings per share. Dilutive Securities 2. (S.O. 1) Dilutive
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CHAPTER 7 Inventory LEARNING OBJECTIVES 1. Identify what items and costs should be included in inventory and cost of goods sold. 2. Account for inventory purchases and sales using both a perpetual and a periodic inventory system. 3. Inventory is composed of goods held for sale in the normal course of business. Cost of goods sold is the cost of inventory sold during the period. For a manufacturing firm‚ the three types of inventory are raw materials‚ work in process‚ and finished
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Homework Assignment: Week 1 Keller School of Management ACCT 573 Accounting Fraud Criminology and Ethics How can corporations ensure that their employees behave ethically? There are many things that a corporation can do to make sure that their associates are behaving in an ethic manner. Management must be ambitious and give enticements to work hard in the interests of stockholders and shareholders. Their behavior must also be analyzed to safeguard they do
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ECO 561 Week 5 Quiz ------------------------------------------------- ** Important ** … ECO 561 Week 5 “FREE” Quiz w/ answers I see lots of views ‚ but no one comments ….. : ( PLEASE COMMENT(add notes) at this site or .. go to ROGUEPHOENIX.39 fAcEb**K ‚ and LET ME KNOW THAT THIS IS HELPING you . If no comments are made …. This will be my last post . ------------------------------------------------- Good luck …. 1. The Classical Theory of Asset Prices assumes which
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Chapter 15/16 Worksheet Problem (1996 #2) 1) HOCl <--> OCl- + H+ Hypochlorous acid‚ HOCl‚ is a weak acid commonly used as a bleaching agent. The acid-dissociation constant‚ Ka for the reaction represented above is 3.2 x 10-8. (a) Calculate the [H+] of a 0.14-molar solution of HOCl. (2 points) (b) Write the correctly balanced net ionic equation for the reaction that occurs when NaOCl is dissolved in water and calculate the numerical value of the equilibrium constant for the reaction
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1. Question : (TCO A) Which of the following statements is CORRECT? Student Answer: One of the disadvantages of a sole proprietorship is that the proprietor is exposed to unlimited liability. It is generally easier to transfer one’s ownership interest in a partnership than in a corporation. One of the advantages of the corporate form of organization is that it avoids double taxation. One of the advantages of a corporation from a social standpoint is that every stockholder has
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A CASE STUDY ON THE USE OF COST-PLUS PRICING ABSTRACT In the business world of economic manufacturing and production‚ there are actually several ways and approaches for one business entity to recover their production expenses and realize profit. In this aspect‚ the production output is primarily the key factor in the profit generation of the business as their output serves as their revenue. In the accounting perspective‚ generation of revenue through using the invested resources of the
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