ABFA1023 FUNDAMENTALS OF ACCOUNTING 1 Revision on Inventory Adjustments New practice question 2 questions: Does the good belong to us? o If yes‚ include in our closing inventory o If no‚ exclude from our closing inventory Axis Trading Sdn. Bhd. is preparing their financial statements for the year ended 31 December 2010. Physical inventory count was done on 27 December 2010. The inventory count sheets totalled RM212‚188. The draft Statement of Profit or Loss showed a net
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Exam Time Limit: 45min Name ………………………………………………………………………….. Max Marks: 100 (25x4) Guardian/Father’s Name…………………………………………….. Class ……………………………………………….. Date: …………………………. Contact No. ………………………………………… School………………………………………………………………………….. Marks obtained …………………………… Write Your Answers Here 1. 8. 15. 22. 2. 9. 16. 23. 3. 10. 17. 24. 4. 11. 18. 25. 5. 12. 19. 6. 13. 20. 7. 14. 21. Taught by IITians & Ex Kota
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CHAPTER 9: THE STRATEGIC GAINS FROM HORIZONTAL INTEGRATION AND DIVERSIFICATION Work‚ itself‚ is not organised as it used to be. Organisations are not now drawn as pyramids of boxes. [They] now have circles and amoeba-like blobs where boxes used to be. It isn’t even clear where the organisation begins and ends‚ with customers‚ suppliers and allied organisations linked into a varying ‘network organisation? Charles Handy‚ The Empty Raincoat (1994) The acid test of competitive success is the ability
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month is Monday. Then what is the 5th day after 21st of that month? 7. Blood relation question Aptitude Questions: 1. one pipe fills in 4 hrs and another in 5hrs when they both work alternately how much time will be taken to fill the tank. 2. LCM of 3 nos is 120 which of the following no must not be their HCF a. 8 ‚ b.24 c.12 d.24 and 30 3.two trains from the points A and B moving in opposite direction ‚ at the point they meet the second train travels 120 kms more than the first. The speeds
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Exercise 4.1 2. Establish each of the following for all n ≥ 1 by the Principle of Mathematical Induction. Solution a) S(n): ==‚ S(1): = = =1‚ So S(1) is true. Assume S(k): = Consider S(k+1) = = +=-1+= -1. Hence‚ it follows that S(k)⇒S(k + 1) is true for all n ∈ Z+ by the Principle of Mathematical Induction. b) S( n) for n=1‚ = 2 = 2+(1-1). So S(1) is true. Inductive Step: assume S(k)is true‚ for some (particular) k ∈ Z+—that is‚ assume that =2+(k-1). For n=k+1‚ = + (k+1)
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__________________________________________ Test Name: MAT 070 Spring 2012 Final Exam Version 2 1. Perform the indicated operation by removing the parentheses and combining like terms. Answer: ______________ 2. Find the LCM of the set of algebraic expressions. Answer: ______________ 3. Evaluate the given polynomial at = ‚ = . Answer: ______________ 4. Simplify the expression using the properties of exponents. (Note that the answer
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The objective of this project is to help students pull together various accounting concepts learned in this course and apply them to real-world business situations. The project is team-based. Students will be organised in small groups of no more than five students each. Each group is required to do online research of some selected public listed companies in Hong Kong. Students‚ expected to work closely together as a team‚ need to gather the background information and the most recent annual reports
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Inventories Additional Valuation Issues ASSIGNMENT CLASSIFICATION TABLE (BY TOPIC) TopicsQuestionsBrief ExercisesExercisesProblems Concepts for Analysis1.Lower-of-cost-or-market.1‚ 2‚ 3‚ 4‚ 5‚ 61‚ 2‚ 31‚ 2‚ 3‚ 4‚ 5‚ 61‚ 2‚ 3‚ 9‚ 101‚ 2‚ 3‚ 52.Inventory accounting changes relative sales value method net real-izable value.7‚ 847‚ 83.Purchase commitments.95‚ 69‚ 10964.Gross profit method.10‚ 11‚ 12‚ 13711‚ 12‚ 13‚ 14‚ 15‚ 16‚ 174‚ 55.Retail inventory method.14‚ 15‚ 16818‚ 19‚ 20‚ 22‚ 23‚ 266‚ 7‚ 8
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[pic] Instructions • Use black ink or ball-point pen. • Fill in the boxes at the top of this page with your name‚ centre number and candidate number. • Answer all questions. • Answer the questions in the spaces provided – there may be more space than you need. • Calculators must not be used. Information • The total mark for this paper is 60. • The marks for each question are shown in brackets – use this as a guide as to how much time to spend on each question. • Questions
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Rainforests A rainforest (or rain forest) is a tropical forest that gets a lot of rain. It usually has a lot of plants and animals. A very well known rainforest is the Amazon Rainforest. Most of it is in Brazil‚ though Ecuador‚ Colombia‚ Chile and other countries have parts of it.Scientists say over half of all plant and animal species live in the rainforest. Also more than 1/4 of all medicines come from here. Covering only 2% of the Earth’s land area they still provide 40% of the oxygen.. It
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