|__|__|__|__|__|__|__|__| Family Name _____________________ First Name _____________________ Venue ____________________ Seat Number ________ Student Number |__|__|__|__|__|__|__|__| Family Name _____________________ First Name _____________________ This exam paper must not be removed from the venue School of Business SAMPLE EXAMINATION ACCT1101 Account for Decis Making This paper is for St Lucia Campus students. For Examiner Use Only Question Mark 1 | | 2 | | 3 | | 4 | | | |
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ANSWERS to Homework #7 E201 Spring 2009 1. If the government places a $500 tax on luxury cars‚ will the price paid by consumers rise more than $500‚ less than $500‚ or exactly $500? Explain. Price will rise by less than $500. The only way price could rise by exactly $500 is if demand (or supply) is perfectly inelastic. 2. The FICA tax funds Social Security programs. Congress established a 15.3% FICA tax rate; by law‚ the tax burden is split 50-50 between employer and employee. So‚
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There is more to Financial Accounting than meets the Eye ACCT 201 The Impact of Financial Accounting The current economy reinforces the necessity for businesses and organizations to maintain a strict watch over their assets. “Two-thirds of new establishments survive two years and 44 percent survive at least four years” (Knaup‚ 2005‚ p. 50). These survival rates are based across the spectrum of all industries. Despite the views that other industries survive more frequently‚ research shows that
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inventory‚ salaries‚ and material‚ and revenue is generated through sales. When revenue are higher than the expenses‚ the company has an operating profit‚ and the company has an operating loss when the expenses exceed the operating revenue. 2) The accounting equation (A=L+SE) is a fundamental business concept. Explain what this equation reveals about a company’s sources and uses of funds and the claims on company resources. The equation reveals how heavily dependent a company is on debt versus owner
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Chapter 15 pp478-493 o Data Analysis Procedure: pp478 o Validation and Editing: pp478-486 (NOT Required for Final Exam) o Coding: pp486-490 o Data Cleaning: pp491-493 (NOT Required for Final Exam) o Structure of the Reports: pp648-653 (NOT Required for Final Exam) o Guideline for a good report pp 652 (NOT Required for Final Exam) L11.2: Fundamental Data Analysis Read: Slides‚ SPSS Guide I‚ Chapter 15 pp 493-496‚ 500-508‚ o One-Way Frequency
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What have you learned about Managing Organizational Change (MOC) and how are you going to apply MOC concepts to benefit your career? 1.0. Executive Summary Based on my time in class these last 7 weeks‚ I have learned a process that I never knew really existed. I have worked for several companies‚ large and small‚ in my lifetime and I have never really experienced an Organizational Change process like what has been introduced in this class. I felt that the information provided could be very useful
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the financial statements Potential accounts at risk: Provision for compensation claims/litigation Inventory Accounts receivable Accounts payable Brand name PRACTICE EXAM 2‚ QUESTION 3‚ PART 1 (PP.240-241) Identify 5 business factors and explain their impact on risk of material misstatement Also identify account balance most affected. Business factor (i) Listed on stock exchange Explanation of impact Risk - increased compliance with regulations - increased reliance on financial information
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July 13‚ 2007 Thank you‚ ladies and gentlemen. Today our resolution is legalization of drugs does not damage society. We are on the negative group strongly against this resolution. Let’s look at the important points. The affirmative team had four points: personal behavior‚ price‚ safety and management. Their first point is personal behavior. They said that everyone has the right to choose his or her own lifestyle. It’s true. But one’s own choice should be based on social morality and within
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Macbeth How does Macbeth explore unique and interesting ideas and concepts(themes and ideas). Make reference to techniques and forms and features that help add meaning to the text. Other aspects you may want to consider: Relationships (dynamucs) between characters or characterisation. Social‚ Cultural and Historical concepts within the text. *Use the website to obtain the themes e.g. Good vs. Reality‚ appearance hiding reality. Then incorporate the motifs (imagery) e.g. blood and a quote + literary
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Critical analysis Article descriptions The journal article named “The crisis of fair-value accounting: Making sense of the recent debate” is written by Christian Laux and Christian Leuz in Accounting and Organisations and Society journal (2009). Mr Laux works as a professor of finance at the Goethe University in Frankurt and his research has been published in many journals. Mr Leuz works as a professor of International Economics at University of Chicago Booth School of Business. He has done
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