Economics 1103 080 - Principles of Macroeconomics PRACTICE Midterm Exam Part A: Multiple Choice (30 marks) Answer the following questions on the scantron sheet. 1. Which of the following goods best meets the definition of scarcity? a) air b) water in the ocean c) water in a city d) wood in a forest 2. When the government attempts to cut the economic pie into more equal slices‚ what happens? a) It is easier to cut the pie‚ and therefore the economy can produce a larger pie. b) The
Premium Inflation Economics Minimum wage
ACCT 350—TENTATIVE SCHEDULE—Spring 2015 DATE TOPICS/CLASS WORK HOMEWORK 1-14 Course Introduction Chapter 2: Basic Cost Management Concepts 1-21 Chapter 2 continued Chapter 4: Activity-Based Costing Read Chapters 2 and 4 Ch 2: 28‚ 32‚ and 33 Ch 4: 28 and 29 1-28 Chapter 4 continued Chapter 7: Allocating Costs of Support Departments and Joint Products Introduce Time-Driven ABC article and Kemps LLC case Read Chapter 7 Ch 4: 30‚ 32‚ and 33 Ch 7: 7‚ 8‚ 9‚ 12‚ 20‚ 21‚ and 34 2-4 Chapter 7 continued
Premium Management accounting Cost Costs
Chapter 1. 5. What does the statement “costs can be assets or expenses” mean? 6. Why are the salaries of production workers accumulated in an inventory account instead of being expensed on the income statement? 7. How do product costs affect the financial statements? How does the classification of product cost (as an asset vs. an expense) affect net income? ATC 1-1 | Business Applications Case | Financial versus managerial accounting | The following information was taken from the 2008
Premium Costs Management accounting Cost
• Consolidation journals are posted into the consolidation worksheet in “adjustment” columns as follows: Extract only Parent P Ltd. $’000 Subsidiary S Ltd. $’000 Adjustments DR Lecture 9 part b Consolidation: Wholly owned subsidiaries Prepared by Emma Holmes and Rick Newby Land Invt in S Ltd Receivables Cash 400 120 200 40 760 150 Share capital Retained earnings Creditors 500 160 100 760 100 20 50 170 Cons. Balances CR XX XX XX
Premium Balance sheet Generally Accepted Accounting Principles Goodwill
Professional Level – Options Module Advanced Audit and Assurance (International) Monday 3 June 2013 Time allowed Reading and planning: Writing: 15 minutes 3 hours This paper is divided into two sections: Section A – BOTH questions are compulsory and MUST be attempted Section B – TWO questions ONLY to be attempted Do NOT open this paper until instructed by the supervisor. During reading and planning time only the question paper may be annotated. You must NOT write in your answer booklet
Premium Auditing Balance sheet Audit
UNIVERSITY OF CALIFORNIA‚ RIVERSIDE School of Business Administration BUS 109 – Competitive and Strategic Analysis SPRING 2013 Dr. Sean D. Jasso EXAM 2 The following are the questions to prepare for your second exam. On exam day we will randomly select among the four questions – the quantity of questions will be determined on exam day. Please answer each question as thoroughly as possible‚ providing rich detail from our lectures‚ readings‚ and discussions. The organization of your answers‚ the complexity
Premium Strategic management Balanced scorecard
Piyabalo Padaro MGT 301 Midterm Exam 17 November‚ 2012 1. A re-organization will require that some employees are provided severance packages while other reassigned. What interpersonal managerial roles developed by Mintzberg will a manager confronted with this employ? Explain. Most of us agree that for the companies to function more efficiently and effectively‚ some changes need to be made sometimes to ensure that the current requirements are met. Managers most of time have to reorganize
Premium Social responsibility Management Hawthorne effect
AMERICAN INTERNATIONAL UNIVERSITY-BANGLADESH Summer’ 2012-2013 FINAL EXAM SCHEDULE (Released on July 13‚ 2013) Day 1: July 29‚ 2013 (Monday) TIME CAMPUS 1 ‚4 & 5 GLOBAL TRADE HEALTH AND SAFETY FINANCIAL ACCOUNTING E-GOVERNANCE URBAN DESIGN-2 E-MARKETING AUDITING CAMPUS 7 SECTIONS ALL ALL ALL ALL ALL ALL ALL ALL ALL ALL ALL ALL ALL ALL ALL ALL ALL A‚B‚C‚D‚E‚F‚G‚H‚I‚J‚K‚L ALL ALL ALL M‚N‚O‚P‚Q‚R‚S‚T‚U ALL ALL ALL ALL ALL ALL ALL ALL ALL ALL ALL ALL ALL 9:3011:30 ELECTRICAL CIRCUITS 1 ELECTRICAL
Premium Management Economics Marketing
CHM2330 (Winter 2015) Midterm # 1 Review Short answer questions - 9 Long answer questions - 15 Possible bonus questions - 5 Short Answer Questions: 1) Draw the Maxwell Distribution graph‚ with all axis labeled as well as descriptions of each curve. 2) What does the correspondence principle state? 3) What is the ultraviolet catastrophe? What is one of the consequences of the ultra violet catastrophe? 4) What does the de Broglie hypothesis state? 5) Write down the integrals which describe orthonormal
Premium Quantum mechanics
Operations Management - OM726 - SAMPLE Midterm Questions 1. UBurger is a fastfood restaurant whose windows announce its focus on burgers‚ fries‚ and shakes. After perhaps queueing‚ customers place an order with and pay a cashier‚ then await completion of the order. Upon receiving the order‚ 25% of customers depart‚ and the remaining 75% proceed to the seating area‚ where they sit for an average of 40 minutes before departing. The restaurant has 25 seats‚ and assume that they are fully
Premium Variable cost Process management Cost