AFM 391 Winter 2011 Intermediate Financial Accounting 2 University of Waterloo Midterm Exam Solutions Professor Khim Kelly Part A 1) B 2) C 3) A 4) D 5) C 6) B Part B 1) D $4‚000‚000 (IFRS is applicable because Street is listed on TSE‚ no agreement was in place at year end). 2) C PV of $8‚000‚000 at 5% for 15 years. 3) D $540‚000 – $435‚000 = $105‚000 ($600‚000 + $72‚000) – $540‚000 = $132‚000. 4) A 5) C = $2.70. 6) B
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I’ve often wondered how best to define education. I’d like to define education as the procurement of those preternatural skills which would enable a person to choose between what is right and what is not. Our Indian system of education since time immemorial has been sailing magnificently on the winds of hope‚ moral coherence and ethical values with the principal objective of making all of us good human beings as opposed to mere knowledge banks. As of today‚ ‘Indian Education’ is an immaculate mélange
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True / False Questions (2 points each/20 points total) 1. Top managers use social intelligence to define the future of the business‚ analyzing markets‚ industries and economies to determine the strategic direction the company must follow to remain unprofitable. False 2. A variable is a business intelligence characteristic that stands for a value that cannot change over time. False 3. Business process management systems evaluate and improve processes that include both person-to-person
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1. Explain the three (3) key competencies needed by Human Resource professionals to become full business partners? Rank the three (3) in order of importance in your opinion and discuss the rationale behind your rankings. To become a Human Resources professional and to be considered successful in the role‚ each individual much possess these competencies to be considered top executive. Business mastery‚ HR mastery‚ and personal credibility will propel a HR employee to a top executive HR manager
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A company’s "macroenvironment" refers to C. All the relevant forces and factors outside a company’s boundaries⎯general economic conditions‚ population demographics‚ societal values and lifestyles‚ technological factors‚ governmental legislation and regulation and closer to home‚ the industry and competitive arena in which it operates Which one of the following is not part of a company’s macroenvironment? E. The company’s resource strengths‚ resource weaknesses and competitive capabilities Which
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As a ruler in the Warring States period‚ my kingdom’s survival has the utmost importance. Therefore‚ choosing a philosophy to base my government upon is a crucial decision. Legalism‚ Confucianism‚ Mohism‚ and Daoism are all great philosophies but for my state‚ I choose to implement Legalism. Legalism supports a rigid system based on publicized laws that deals out punishments and rewards accordingly. Legalism also emphasis an adherence to laws and customs‚ obedience to the ruler and receiving influential
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David Wilensky A massive earthquake just hit California! It turns out to be a 9.3 on the Richter Scale! San Francisco and other large cities as well as their surrounding areas have been destroyed‚ as well as businesses and homes. There have been over 100‚000 reported deaths and nearly half a million civilians have been injured. The director of FEMA has been called on by the Mayor of San Francisco along with the joint hospital response team and the First Baptist church. They will do their best
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Name: Brittany Cassanova Prof. Helvie ENG 066 Foundations for College Reading & Writing 7 MAR 2012 Essay #3 Working hard always pays off at the end....One feature for the new high school that I will suggest to the design committee is Fun Room. A fun room will be for all students who reach the requirements‚ students who receive the award from their achievements will enjoy an hour of their school day of having extra time to finish homework or playing games and this will also benefit students
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Hmich University Success Module 3 Journal Entry Grand Canyon University strives to support student learning by creating an online community. A “community” feeling inside an online course can help me as well as other students stay motivated. Online classrooms have the same characteristics as a traditional classroom; however‚ the class instructors direct course materials through a Grand Canyon University online portal. The course instructor presents topic-based questions to the students in the
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It has already passed more than one year since I entered this university. Now‚ I think that it is good for me to talk about my university life. I want to focus on an aspect this time. It is also relevant to my aim which I had had when I entered this university. It is the language study. I am majoring in English‚ so I have many English classes every week. At first‚ I got very nervous whenever I have to give my opinion and make a presentation in class‚ because I had not had such experiences before
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