ARIGNAR ANNA COLLEGE(ARTS & SCIENCE) KRISHNAGIRI. INTERNAL ASSESSMENT-I CLASS: I B.COM/B.COM(CA) FINANCIAL ACCOUNTING-II TIME: 1.50 HOURS PART- A 5X2=10 ANSWER ALL QUESTIONS 1. What is Branch account? 2. What are the main objectives of Branch account? 3. What is Departmental accounts? 4. What is “Stock Reserve”? 5. What is ’Direct expenses’? PART-B
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Sample Test_MT2_FINA 3101_summer_2013 ____ 1. Travis Corp.’s bonds currently sell for $1‚050. They have an 8% annual coupon rate and a 20-year maturity‚ but they can be called in 5 years at $1‚120. Assume that no costs other than the call premium would be incurred to call and refund the bonds‚ and also assume that the yield curve is horizontal‚ with rates expected to remain at current levels on into the future. Under these conditions‚ what rate of return should an investor expect to earn if
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article ‘The Danger of Social Responsibility’‚ emphasized that social issues are the function of government‚ not job of business. Until between 1960s and 1970s‚ this period witnessed a significant expansion of academic interest in literature of corporate social responsibility. The theory was discussed and examined in depth‚ which lead to many debates on business managerial implications as well as introduction of related concepts of business ethics (Kakabadse et al. 2005). The literature has been
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longer be apart of Soviet union and they said they would establish a commonwealth and not be controlled by the Soviet Union. Once one of the most powerful and scary empires has fallen. There were a generous amount of reasons for the Soviet Union’s collapse and some of the most important were the Chernobyl disaster‚ Mikhail Gorbachev radical reforms and local nationalism. Those were
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When I was three years old I fell off my bike and broke my arm. Since then I have experienced numerous falls not all from falling off my bike. I think I may be considered a clumsy person but am still coordinated and good at sports. One time I led my softball team to the State Championships. We lost but it was a good game I threw a no-hitter and my Mom cried with happiness. I cried because the season ended. Anyway I fall a lot and lose my balance when in small or constricted areas one time I
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The Bernie Madoff fraud happened because of greed. All of the people involved wanted more and more money and eventually the system collapsed. On March 12‚ 2009‚ Bernie Madoff pled guilty to the largest Ponzi scheme in history. He successfully took $65 billion from investors that trusted him with their money. Why the fraud case was created Bernie Madoff had his investors believe that they were making a lot of money through his investment firm (Bernard Madoff Securities)‚ by creating false trade
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In 2010 a horrible rushing hurricane hit the small country‚ Haiti with the population of about 10.85 million. On January 12‚ many people were horribly affected. Houses were destroyed with winds up to 145 mph‚ and an earthquake magnitude of 7.0. There was also a storm surge included in the hurricane. Crops were pulled apart and no one ever saw it coming. The hurricane in Haiti was one of the most enormous and destructive ever there. In response of this hurricane‚ people were left displaced‚ had little
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Chilean Mine Collapse Over two months trapped underground waiting to be rescued their waiting had finally come to an end on October 13‚ 2010. Two months ago on August 5th‚ 2010‚ in the city of Copiapo‚ Chile‚ near the Atacama desert an underground mining had collapsed trapping 33 miners 2300 feet below the surface. Now‚ given under the circumstances that the mine had a history of previous accidents and deaths‚ this led everyone to believe that the 33 men underground
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The collapse of the 1940 Tacoma Narrows Bridge stunned everyone‚ especially engineers. How could the most "modern" suspension bridge‚ with the most advanced design‚ suffer catastrophic failure in a relatively light wind? The State of Washington‚ the insurance companies‚ and the United States government appointed boards of experts to investigate the collapse of the Narrows Bridge. The Federal Works Administration (FWA) appointed a 3-member panel of top-ranking engineers: Othmar Amman‚ Dr. Theodore
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Research paper CORPORATE SOCIAL RESPONSIBILITY/PHILANTROPY A CASE STUDY OF KENYA AIRWAYS Presented to DR. MAGETO By CHRISTOPHER TARUS 09-0478 Date 07TH APRIL 2010 Table of contents Introduction............................................................................................................ 3 Corporate Social responsibility................................................................................4 Good citizenry..............................
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