ECON 2020 A Mid-Term Examination I - SOLUTIONS Instructor: Derek Olmstead Note: Non-programmable calculators permitted Summer 2012 Duration: 105 minutes Total marks: 20 points Part A: Short-answer questions [3 points each] Note: Use diagrams and/or equations to explain your answer. I. Explain the difference between diminishing total returns to labour and diminishing marginal returns to labour. Diminishing returns to labour means that an increase in the number of labour units
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Joshua Cooper 7/24/12 Final Exam Project My Major and Different opportunities with it My major is Health Science Informatics Track I chose this major because I am interested in the medical field. I started out as a Nursing major but I quickly changed in because I figured out I could do what I really wanted to do without taking all the difficult Nursing classes and having to pass the Nursing exam once you graduate. I am currently a sophomore so I am early on in my college career I still
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online payment we should pays exchange rate into 50% higher than dealing on local products. Third is delivering process‚deliver process through airlines and ship.airlines delivery more fastest way and using a lots of money‚the item received within 12 hours.the problems is the fastest way also have a problems for example airlines workers not arrange the item carefully and the problems is if the item fall from racks the item might be in problem.online shopping is more risks if we do not know how
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offices. A) is used / being used B) had been used / is using C) was used / is used D) has been used / is used 11.A: What did Julia buy? B: I don’t know ______. A) what she bought B) what she’s bought C) what did she buy D) what she had bought 12. Don’t look at your friend’s paper. The teacher warned me ______ my friend’s paper. A) to look at B) I don’t look at C) you don’t look at D) not to look at 13. Bryan Adams is the
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Child Protective Services (CPS) is a specific social service program provided by DHR to assist children believed to be neglected or abused by parents or other adults having permanent or temporary care or custody‚ or parental responsibility. The program also offers service to household or family members who may require intervention to decrease the risk of any continuing physical‚ sexual or mental abuse or neglect. The first priority of CPS is to safely maintain a child in their home and to protect
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Chapter 12 Fundamentals of Management Control Systems Solutions to Review Questions Accounting assigns costs and revenues to “responsibility centers” that correspond to the decision authority of managers. This allows the firm to measure performance based on the results of decisions by the manager. An effective corporate cost allocation system separates the results of decisions by corporate managers from those of business unit managers. Although there are well-developed standards for many
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due process in issuing IFRS. CA1-3 CA1-3 (Financial Reporting and Accounting Standards) Answer the following multiple-choice questions. 1. GAAP stands for: ANS: D) generally accepted accounting principles. 2. Accounting standard-setters use the following process in establishing accounting standards: ANS: (d) Research‚ discussion paper‚ exposure draft‚ standard. 3. GAAP is comprised of: ANS: (d) any accounting guidance included in the FASB Codification. 4. The authoritative
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CHAPTER 12 ACCOUNTING FOR PARTNERSHIPS AND LIMITED LIABILITY COMPANIES DISCUSSION QUESTIONS 1. a. Proprietorship: Ease of formation and nontaxable entity. b. Partnership: Expanded owner expertise and capital‚ nontaxable entity‚ and moderate complexity of formation. c. Limited liability company: Limited liability to owners‚ expanded access to capital‚ nontaxable entity‚ and moderate complexity of formation. 2. The disadvantages of a partnership are that its life is limited
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INTRODUCTION From natural gas‚ crude oils‚ and other fossil materials such as coal‚ few intermediates are produced that are not hydrocarbon compounds. The important intermediates discussed here are hydrogen‚ sulfur‚ carbon black‚ and synthesis gas. Synthesis gas consists of a nonhydrocarbon mixture (H2‚CO) obtain- able from more than one source. It is included in this chapter and is fur- ther noted in Chapter 5 in relation to methane as a major feedstock for this mixture. This chapter discusses
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Agenda – Submit term projects to TURNITIN ASAP – Assignment #2 due April 1st 1159pm • List the coauthor’s name in the subject line. • Teaching Evaluation • Transfer pricing (cont.) – Stanco Inc. • Review chapters 11 and 12 & the practice final – Practice Q1 and Q2 • Review chapters 8 and 9 and the practice final – Practice Q3 and Q4 ACTG 2020 Week 11 1 • Online Course Evaluations (ONCE)/ & Seymour Schulich Teaching Excellence Awards (Schulich TEA) – TEA: http://schulich.yorku.ca/tea. – ONCE:
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