ACO01 – FINANCIAL ACCOUNTING MOCK EXAM Time: 90 minutes PART 1. MULTIPLE CHOICE QUESTIONS (40 points) This is a multiple choice part containing 20 questions. Each question is followed by THREE suggested answers – only one of which is correct. You will score 2 points for each correct answer. You will not lose any mark for wrong answers. You may attempt as many questions as you wish. 1. Which of the following items would most likely be classified as an operating activity? A. Issuance of debt. B
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I have made significant progress in my exercise plan these past few weeks. Exercise has actually made me feel energized‚ improved my mood‚ and reduced my overall level of anxiety. I noticed this on the first day I went to the gym and I determined that my rigid schedule should just be thrown out the window. For the rest of the semester I am just going to work out as many days as I can or am able. I will increase the time if necessary‚ but I would like to stick to 30 minutes. For example‚ this week
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1) ZZZ Stock Broking Company Pte Ltd has 2000 lots of ABC shares in its stock account. Recommendation of ABC shares by its research department is: (A) Strictly prohibited due to conflict of interest (B) Allowed as there is proper Chinese walls between the dealing and research department (C) Allowed provided a statement on the Company’s interest in ABC shares is included and the font is not smaller than the remainder of the written communication (D) Allowed provided a concise statement of the nature of the Company’s
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Answer All Questions Question 1 A trader decided to open a Provision for Doubtful Debts Account in 2007. Provision was to be provided at 5% of debtors outstanding at each year end. $ $ Debtors balance at 31 Dec 2008 10 900 Debtors balance at 31 Dec 2009 10 500 Debtors balance at 31 Dec 2010 10 000 The following information has to be taken into account when preparing the provision for doubtful account. 1 The provision account has a balance of $600 on 1 January 2008.
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The important pursuit of financial success is an idea that has been drilled into my head by the adults in my life from early on; my parents struggled in life‚ and for me they wanted a better‚ easier‚ future for me. What I took away from this was that I would not be successful and happy without the money and credentials as well. I could not understand why so many of my classmates wanted to be writers and artists; didn’t they too want to be successful? However‚ the summer before my senior year‚ I had
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e TCH321 – CORPORATE FINANCE MOCK EXAM Time: 1 hour 30 minutes The exam lasts 1 hour and 30 minutes and consists of 5 questions. Approved calculators are permitted. You are not allowed to use Excel. This is a closed book exam. You are NOT permitted to access any other material in either written or electronic form. All numerical answers should be reported to TWO decimal places. To ensure the accuracy of your answer‚ you should perform all intermediate calculations to at least THREE decimal places
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The Tale of the Boo Jem Scout Maycomb County - In the small neighborhood on my block lives a house that may or may not contain a malevolent phantom. This is the Radley’s place. Dill‚ Scout‚ and I know the tale of this evil Boo Radley‚ and during the summer we share the tale of him to tell people of the tales. It started with one summer‚ when Dill dared me to go touch the Radley’s house. Usually ‚ we play out scenes of the stories of Arthur. As Dill says‚ “I played old Mr.Arthur and walked
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together and be a part of each other. But in mock-epic the author puts less emphasis on concern in broad discourse‚ the slowly developing balance of epic narration bonds with the awareness of individual satire. As far as mock-epic is concerned‚ within the plot the representatives of the ritualistic become given to bouts of ill temper‚ poise and self-respect transforms into vanity and the state of being esteemed is disguised yet visible and known. Mock-epic makes a parody of whole social classes hence
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My class and I did a mock trial mirroring the one from Native Son‚ written by Richard Wright. The class was divided between the prosecution‚ jury‚ defense and the judge. We did this case to interpret the book’s case in our own reality. During the mock trial‚ both sides introduced their claims. The prosecuting side argued that Bigger should be sentenced to death and the defense side argued that Bigger acted upon insanity and should be put in rehabilitation. Each side brought up a witness and each
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Version 1 FINANCE 261 FINANCE 261 Test Answer Sheet Name: __________________________________________ Student ID Number:_______________________________ Please use CAPITAL LETTERS when writing your answers. Question Answer Question Answer Question Answer 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Question Answer 16 17 18 19 20 1 Version 1 FINANCE 261 THE UNIVERSITY OF AUCKLAND Department of Accounting and Finance FINANCE
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