ACCT2201 CORPORATE ACCOUNTING Tutorial 8 – Week beginning 5th of May REVIEW QUESTIONS Chapter 15 8. When are potential voting rights considered when deciding if one entity controls another? Potential voting rights are rights to obtain voting rights of an investee‚ such as within an option or convertible instrument. Potential voting rights are only considered if the rights are substantive ie practical or utilitarian. This depends on the terms and conditions associated with the options.
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Chapter 8 Questions 1. Using your adopted business or current place of employment as your primary example‚ please answer the following question. Do you think that most people are satisfied or dissatisfied with their work? What factors primarily contribute to their satisfaction or dissatisfaction? Using my current place of employment‚ I am going to say that I think most people are satisfied with their work. The factors that seem most important are that they enjoy the kind of work they’re doing
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Chapter 12 Discussion Questions 1-5 Dan Yohe 1. Approximatley how far ahead would one need to plan for the following types of facilities? A. Restaurant-At least one to three nights in advance. You could go to the farmers market to get fresh vegetables but you may only be able to get staples/necessities once or twice a week. B. Hospital-I would say at least a week if not a month to be enough to take care of all the patients they might get. C. Oil refinery-An oil refinery I would
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Chapter 1 Discussion Questions 14) No longer the domain of technical personnel‚ information systems are the business of every professional because information systems has became the simplest way and the most efficient 15) as a business professional your involvement in in information systems and projects would be to organize and carry out the projects. 16) Yes. Because even word documents and emails can already be spoken through speech reorganization. It needs to develop some more
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Solutions to Textbook Answers Chapter 1 Introduction Solutions to questions 1. Finance involves three main areas—corporate finance‚ financial institutions and markets‚ and investments—that are closely related and complementary. For example‚ in corporate finance the central issues are how to acquire and employ or invest funds. To acquire funds a financial manager must deal with financial institutions‚ so some knowledge of the operations of financial institutions and markets is essential. Similarly
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Chapter 1 Review Questions The financial statements most frequently provided include all of the following except the: statement of retained earnings An effective process of capital allocation is critical to a healthy economy‚ which: promotes productivity‚ encourages innovation‚ provides an efficient and liquid market for buying and selling securities Challenges facing financial accounting include all of the following except: financial measurements All of the following are objectives of
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Chapter 4 Case Study Questions REI Climbs the Web Mountain 1. Create a simple logical design and physical design for REI.com A simple logical design for REI.com would include the following concepts: HTTP requests and other data from a customer’s client computer that travels to Web servers‚ application servers‚ and data servers which displays specific Web pages in response to those requests. When the customer’s order is submitted‚ it is then forward to an order-processing application database
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Chapter 2 Reveiw questions 1.) on sperate sheet of paper 2.) -1/2 in : 1 foot or 1 in : 2 feet -1:2 -1:1 3.)Scale 1/8" = 1’ 4.)High stability in a miniature size and Wide operating temperature are two advantages of polyester film 5.)Orthographic projection‚ Auxiliary projection‚ Isometric projection‚ Oblique projection 6.) - Visible lines‚ Cutting-plane lines‚ Veiwing-plane lines‚ short-break lines‚ chain lines. - Hidden lines‚ section lines‚ centerline‚ symmetry‚ dimension line‚ long-break
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Chapter 7 Homework Solutions Q7-1 Absorption and variable costing differ in how they handle fixed manufacturing overhead. Under absorption costing‚ fixed manufacturing overhead is treated as a product cost and hence is an asset until products are sold. Under variable costing‚ fixed manufacturing overhead is treated as a period cost and is expensed on the current period’s income statement. Q7-2 Selling and administrative expenses are treated as period costs under both variable costing and absorption
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Chapter 10 Review Questions 1. A market is customers who have the power to purchase. Without marketing research‚ an entrepreneur would have no idea what type of business venture to take on. 2. (1) Defining the purpose and objectives of the research- meaning that you will need to explain the informational requirements of the decision to be made accurately. (2) Gathering secondary data- involves using data that is already compiled. There are two forms‚ internal and external. (3) Gathering primary data-
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