CGA-CANADA ADVANCED MANAGEMENT ACCOUNTING [MA2] EXAMINATION March 2011 Marks 30 Time: 3 Hours Question 1 Select the best answer for each of the following unrelated items. Answer each of these items in your examination booklet by giving the number of your choice. For example‚ if the best answer for item (a) is (1)‚ write (a)(1) in your examination booklet. If more than one answer is given for an item‚ that item will not be marked. Incorrect answers will be marked as zero. Marks will not be awarded
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to accounting scandals that occurred in a number of prominent companies in the United States. Those companies were Enron‚ Tyco International and World Com (MCI). World Com revealed that it had overstated it earnings by more than 3.8 billion for the past five quarters in June 25‚ 2002. They were able to do this by improperly accounting for its operating costs (Sarbanes ¡V Oxley Act). Due to these scandals the public trust was damaged and questions were raised as to practices in the accounting a reporting
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“It ’s Funny Because He ’s Fat” By x A research paper submitted to x in partial fulfillment Of the requirements for PWR 1-DW Stanford University Stanford‚ California March 9‚ 2011 Introduction The quote listed in the title comes from 2009 box-office hit The Hangover. The events that incite Mr. Chow (played by Ken Jeong) to say laughing “it ’s funny because he ’s fat” feature Alan Garner (played by Zach Galifianakis) charging
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which support their roles in creating and maintaining successful organizations. A key responsibility managers undertake is the ability to manage financials appropriately. "First and foremost‚ financial management is a decision science. Whereas accounting provides decision makers with a rational means by which to budget for and measure a business’s financial performance‚ financial management provides the theory‚ concepts‚ and tools necessary to make better decisions” (Gapenski‚ 2007). For leaders
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ASSUME YOUR WORK AS AN ACCOUNTANT FOR FEB REALITY CO.‚ A SMALL LAND DEVELOPMENT COMPANY THAT DESPERATELY NEEDS ADDITIONAL FINANCING TO CONTINUE N BUSINESS .THE CEO OF YOUR CO. IS MEETING THE MANAGER OF UIC BANK AT THE END OF THIS MONTH TO TRY OBTAIN A LOAN. THE CEO HAS APPROACHED YOU WITH TWO IDEAS TO IMPROVE THE CO. REPORTED FINANCIAL POSITION. FIRST‚ HE CLAIMS THAT BECAUSE A BIG PART OF THE COMPANY VALUE COMES FROM ITS KNOWLEDGEABLE AND DEDICATED EMPLOYEES‚ YOU SHOULD REPORT THEIR INTELLECTUAL
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Federation of Accountants (IFAC). Its mission is to serve the public interest‚ strengthen the worldwide accountancy profession and contribute to the development of strong international economies by establishing and promoting adherence to high quality professional standards‚ furthering the international convergence of such standards and speaking out on public interest issues where the profession’s expertise is most relevant. This publication may be downloaded free-of-charge from the IFAC website http://www
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Reorganization and Troubled Debt Restructuring 135 CHAPTER 8 MULTIPLE CHOICE ANSWERS AND SOLUTIONS 8-1: a Trade accounts payable (P52‚000 + P62‚700) P114‚700 12% preferred stock (5‚000 x P1) P 5‚000 Paid in capital in excess of par (5‚000 x P9) 45‚000 Cash (P62‚700 x P0.80) _50‚160 _100‚160 Gain from discharge of indebtedness P 14‚540 8-2: c 8-3: c 8-4: b Carrying value of the
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described privacy as “…important because it serves to define one’s individuality” (p.142). It is likely Jeff Quan did not give any indication to his peers of his outlandish sexual preferences‚ although he kept it private these character traits gave him is individuality. DesJardin concludes‚ “that certain personal decisions and information are rightfully the exclusive domain of the individual” (p.142). Therefore‚ the content of Mr. Quan’s text messages was private and he had the right to “be informed
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Name:__Allencia Sibley_______________________ Date:_2/5/15_________ Period:___5th__ Digestive System Worksheet 1. Peristalsis is: a) the rhythmic contraction of the smooth muscle in the gut wall to push food along b) the secretion of bile into the small intestine when a fatty meal is eaten c) the churning movement of the stomach to mix its contents d) the rhythmic contractions of the diaphragm to produce hiccups 2. Arrange the following parts of the digestive system in the order in which
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Accounting Information Systems ACCOUNTING SYSTEMS‚ INTERNAL CONTROLS‚ AND ETHICS Prepared for the course team by Vimlesh B. Narayan Unit 1 Contents Unit 1 Contents 2 Concept Map 3 Learning Outcomes 4 1.1 Introduction 5 1.2 Accounting System Design 6 System Objectives and Design Factors 6 Designing the System 8 1.3 Internal Control Systems 17 Objectives of Internal Control Systems 17 Structure of Internal Control Systems 18 Why You Should Consider the Components? 21 Internal
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