CHAPTER 5 Short Exercises SE1 – SE10‚ Exercises E3 and E5‚ and Problems P2 and P3. SE1. 1. Objective 2. Qualitative 3. Objective 4. Qualitative 5. Objective SE2. 1. Full disclosure 2. Materiality 3. Cost benefit 4. Conservatism 5. Consistency SE3. 1. Property‚ plant and equipment 2. Current liability 3. Current liability 4. Not included 5. Owner’s Equity 6. Current Asset 7. Intangible Asset 8. Current Asset 9. Investment
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Profitable Customer Relationships Multiple Choice 1. Marketing seeks to create and manage profitable customer relationships by delivering _____ to customers. a. competitive prices b. superior value c. superior service d. superior promotion (b; Easy) 2. The marketing manager at Sunshine Car Washes is holding a training session for new employees. She stresses that perhaps the most important concept of modern marketing is _____. a. customer relationship management b. e-mail advertising c. a quality Web
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judicial justification. The following are modes of ownership acquisition: 1. Occupation. When ownership is acquired by occupation‚ the property seized is without a known owner. For example‚ a person’s occupation is fishing or hunting. 2. Intellectual Creation. By intellectual creation‚ the composer owns his musical compositions while the author owns his literary‚ legal‚ historical‚ scientific or other work. 3. Donation. Donation is an act of liberality whereby a person disposes
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techniques on: 1 Always Get 1 4 Pick a number. Add 3. Multiply by 2. Subtract 4. Divide by 2. Subtract the number you started with. Tell a friend you can figure how much change she has in her pocket if she will tell you the answer to these steps: When Is Your Birthday? The last digit is 9‚ and the rest are her change! 1. 2. 3. 4. 5. 6. 2 Ask someone to follow these steps: 1. 2. 3. 4. 5. 6. 7. Multiply the number of the month by 5. Add 7. Multiply
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Tutorial 2 (Topic 2: Thinking like an Economist) 1. i) What is meant by positive analysis and normative analysis? ii) Classify each of the following statements as positive or normative. Explain. a) Society faces a short-run trade-off between inflation and unemployment. b) A reduction in the rate of money growth will reduce the rate of inflation. c) Bank Negara Malaysia (BNM – Central Bank) should reduce the rate of money growth.
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several important principles‚ which were clearly expressed in public policy. Republicans believed heavily in the legislative independence based on the separation of powers‚ and a strict construction of congressional power and states’ rights. They were also concerned with the relationship between citizens and government‚ the distribution of power among the different branches of government‚ and the limits on governmental power in the interest of individual liberty. The ideas and principles of Republican
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4324350539115500 020000500 47625035433030KN 0030KN -96202510922015KN 0015KN -66675015494000 109474050546000 42195756477022KN 0022KN Task 2 (P2) Using fig 2‚ calculate the support reactions R1 and R2 of the beam‚ also determine the balance of the beam. -325755100965Fig 2 R1 R2 6 m 2.0 m 3.5 m 200 N 400 N W=100 N/m 00Fig 2 R1 R2 6 m 2.0 m 3.5 m 200 N 400 N W=100 N/m Task 3 (P3) A copper strut with a diameter of 60mm and length 500mm is carrying a direct uniaxial
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years 1. Prior to being hired were you asked to take any physical ability tests? Yes 2. What do you perceive to be the physical demands of your job? A lot of walking‚ standing for periods of time‚ and although not required all the time‚ running. 3. On a scale of 1 to 5‚ with 5 meaning very physically demanding and 1 meaning not at all physically demanding‚ how physically demanding would you say your job is? 2 4. Are there physical demands you were unaware of prior to accepting your position
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the Real GDP in the long-run. Before stating that a country is in a recession‚ it must be true that there is a high unemployment rate‚ there are high wages‚ land and capital goods aren’t being fully used and there is a great demand for education. 2. What must be true to be counted as unemployed? What are the 3 types of unemployment and why does it matter? What is true about the full employment level of RGDP (the natural rate of unemployment) in terms of unemployment? In order to be counted
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The Development of Economic Activity Human Beings produce and consume goods and services from the resources in their environment. It is primarily for the reason that humans are called ECONOMIC ANIMAL‚ because he or she has the ability to use his or her hands and brain to satisfy his or her immediate personal needs. These are looked at as basic needs; these needs are food‚ shelter and clothing (Economic Activity). Economic Activity means activities which results in the satisfaction of needs. In order
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