Wenzhou-Kean University Fall 2013 ACCT 2200 30 MINUTE QUIZ-CH.1/CH.2 True/False Circle the correct answer T 1. Accounting is the information system that identifies‚ records‚ and communicates the economic events of an organization to interested users. True T 2. Bookkeeping deals with the record-keeping process and is only one aspect of accounting. True T 3. 4. 5. 6. 7. 8. False Collection of an accounts receivable will increase both cash and accounts receivable. True F False The
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needs if it plans to sell 30‚000 cars this year (assume it always wants some cars in the inventory). What should a soft drinks company do if it spent this year $1.2 million on raw materials instead of the $1 million it planned to spend? Syllabus See on Blackboard Chapter 1: Introduction to Managerial Accounting 5 Managers’ Responsibilities Planning Decision Making Setting goals and objectives Directing Overseeing day-to-day operations Controlling Evaluating
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Chapter 1 Introduction Solutions to questions 1. Finance involves three main areas—corporate finance‚ financial institutions and markets‚ and investments—that are closely related and complementary. For example‚ in corporate finance the central issues are how to acquire and employ or invest funds. To acquire funds a financial manager must deal with financial institutions‚ so some knowledge of the operations of financial institutions and markets is essential. Similarly‚ corporate finance involves
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CARBOHYDRATES 1322 Classification • Simple carbs consist of 1 or 2 sugar units • Monosaccharides • Glucose‚ fructose‚ galactose • Disaccharides • Sucrose‚ lactose‚ maltose • Oligosaccharides consist of 3-10 sugar units • Not a simple or a complex carb • Complex carbs consist of 10 + sugar units • Polysaccharides • Starch and fiber Monosaccharides 6 carbons= hexose Monosaccharides • Glucose • Most abundant carbohydrate • Preferred source of energy for the RBC‚ brain‚ and nervous system
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PART I CHAPTER I Vocabulary nettles - prickly plants aforesaid - previously mentioned briars - thorny plants wittles - [dialect] food weather-cock - a weather vane gibbet - a device used to hang people‚ gallows l. How does Pip get his name? Where is he at the beginning of the story? Pip gets his name because his father’s name is Pirrip and his real name is Philip and when he was little he couldn’t say the name so he called himself Pip. At the beginning of the story he is at a marsh country
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Russia i. Domination issues ii. Tensions iii. Mistrust/Hatred N Crisis: 1908-1913 O Association of Austria Archduke and his wife assassinated at the same time i. Francis Ferdinand‚ December 18‚ 1863 – June 28‚ 1914 ii. Sophia Ferdinand‚ March 1‚ 1868 – June 28‚ 1914 P Austrian leaders were backed up by Germany‚ Serbia was backed up but Russia i. Tensions between even more countries grew Q Ultimatum i. Austria to Serbia ii. Serbia’s demands so high that Austria refused to fulfill all of
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Version A Fin 536 Quiz 4 Solutions Name_______________ Section_4pm/7pm Use the following table of swap quotes when you need it. Years 1 2 3 4 5 Euro Bid 2.99 3.08 3.24 3.44 3.63 Ask 3.02 3.12 3.28 3.48 3.67 Swiss franc Bid Ask 1.43 1.47 1.68 1.76 1.93 2.01 2.15 2.23 2.35 2.43 U. S. dollar Bid Ask 5.24 5.26 5.43 5.46 5.56 5.59 5.71 5.74 5.79 5.83 Japanese yen Bid Ask 0.23 0.26 0.36 0.39 0.56 0.59 0.82 0.85 1.15 1.18 1. （Fill out the answers， 7 pts） a. (Motivation of Interest
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Sure enough‚ we have all heard before how stress can actually drive people out of procrastination and inertia‚ and into achieving results. But‚ did you know that this claim only works if the pressure remains at a moderate amount? During the exams‚ it is easy for stress levels in children to escalate and spiral out of control as they might not know how to burn it off‚ except during play which they are going to get less of. Soon enough‚ you will find your kids suffering from weakened immune systems
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Strayer ACC 562 Advance Auditing MIDTERM EXAM (CH 1 – 3) Question 1 CPAs are licensed by the Correct Answer: state’s board of accountancy. Question 2 The Certified Internal Auditor program is administered by the Correct Answer: IIA. Question 3 The objective of an operational audit is to Correct Answer: evaluate the effectiveness and efficiency with which resources are employed. Question 4 As it relates to an audit‚ materiality is Correct Answer: determined
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Finance Exam #1 1. True or false? A pure arbitrage takes advantage of price discrepancies by buying low and selling high in such a way as to place no wealth at risk. 2. SKR is the ISO code for the Swedish Currency‚ the krona. A Swedish band quotes SKR 8/USD Bid and SKR 9/USD Ask. These quotes are in: A. American terms B. Direct terms from a U.S perspective C. Direct terms from a Swedish perspective D. Indirect terms from a Swedish perspective 3. U.S. bank quotes $1.27/€ ask (€ is
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