are not allowed to go to the toilet without the prior consent of the coordinating supervisor or invigilator. Tools allowed: Specific information on this exam: Version code 2 Please fill in the version code on your answer sheet before you start. On the answer sheet‚ Answer A corresponds with 1‚ B with 2‚ C with 3 and D with 4 The results of this exam will be published within 15 working days following the date of the exam. If the re-sit is scheduled to take place within 6 weeks following
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Final for Review 1 of 21 Student: Assignment: Final for Review Take Details Assignment score: 100% Total Time spent: Score for selected take: 100% (100/100) 1. Your answer: Fact Pattern 50-1B Shopping Mall‚ Inc. (SMI)‚ leases space to Toney Goods Company and Uneek Stuf Store. Later‚ Uneek begins to sell items that are similar to Toney ’s goods‚ and Toney abandons its space before the end of the lease term. Refer to Fact Pattern 50-1B. In a growing number of jurisdictions
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statement of cash flows e. statement of retained earnings ANS: D 4. The _____ is the government agency that enforces the securities laws of U.S.‚ including those that apply to financial reporting. a. Government Accountability Office (GAO) b. Public Company Accounting Oversight Board (PCAOB) c. International Accounting Standards Board (IASB) d. Financial Accounting Standards Board (FASB) e. U.S. Securities and Exchange Commission (SEC) ANS: E 5. The balance sheet of Allhear‚ a communications firm
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Sample Questions and Answers Tell me about yourself …. This is tricky not to waffle or give unrelated information. You need to aim to address your capability‚ commitment and cultural fit‚ here is a sample answer: ‘Good morning‚ my name is James Smith.* I am a qualified accountant with six years post qualified experience gained within the pharmaceutical industry. I worked with Glaxo Smith Klein* as an assistant accountant and I have spent the past 4 years working with Pfizer* where my most recent
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profitable or unprofitable in its operations. A) True B) False This is the correct answer. Feedback: The primary purpose of accounting is to provide information that is useful for decision-making purposes. Accounting is ’not an end’‚ but rather it is a ’means to an end.’ LO 1 2 Costs‚ prices‚ sales volume‚ profits‚ and return on investment are all accounting measurements. A) True This is the correct answer. B) False Feedback: A clear understanding of accounting terms and concepts is required
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Case Study 2 -Internal Control LJB Company‚ a local distributor‚ has asked your accounting firm to evaluate their system of internal controls because they are planning to go public in the future. The President wants to be aware of any new regulations required of his company if they go public so he met with a colleague of yours at a local restaurant. The President of the company explained the current system of internal controls to your colleague. Your colleague has since been promoted to a tax
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points ________ refers to the point at which an employee becomes fully entitled to a benefit. Selected Answer: vesting Response Feedback: correct Question 2 0.5 out of 0.5 points The process of having the NLRB certify a union based on 50% of the authorization cards indicating the employees want a union without an election is called _______. Selected Answer: card check Response Feedback: correct Question 3 0.5 out of 0.5 points Employers are increasingly
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E9-1 | | | | (Lower of Cost or Market) The inventory of Oheto Company on December 31‚ 2011‚ consists of the following items. | Part No. | Quantity | Cost per Unit | Cost to Replace per Unit | | 110 | | 600 | | $95 | | $100 | | | 111 | | 1‚000 | | 60 | | 52 | | | 112 | | 500 | | 80 | | 76 | | | 113 | | 200 | | 170 | | 180 | | | 120 | | 400 | | 205 | | 208 | | | a121 | | 1‚600 | | 16 | | 14 | | | 122 | | 300
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De Castro‚ Allan Paul B. 11196734 ManAcc Forner Carpet Company The case of Forner Carpet Company was about determining break-even points. This case requires to determine the appropriate price for a product in the market where the company is not a price leader. Forner Carpet Company‚ the market leader in high-grade carpet materials‚ plans to expand/diversify its production‚ and replace its equipment‚ hence‚ a need for fresh capital. In order to support this endeavour‚ Forner imposed
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Nike Case Answers– Spreading out to stay together 1. When Nike CEO Phil Knight stepped down and handed his job to Bill Perez‚ he stayed on as chairman of the board. In what ways could Knight’s continued presence on the board have created an informal structure that prevented Perez from achieving full and complete leadership of Nike? Answer: Informal structures are the set of unofficial relationships between organization members. Potential advantages of informal structures: ▪ Helping people
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