More Practice for the Final Exam Adjusting Entries Key _____ 1. Accruals occur when cash flows: A) Occur before expense recognition. B) Occur after revenue or expense recognition. C) Are uncertain. D) May be substituted for goods or services. Answer: B _____ 2. An example of a contra account is: A) Depreciation expense. B) Accounts receivable. C)
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expenses. c. accounts receivable. d. accounts payable. ANS: Q. Which of the following is considered an asset? a. Accounts payable b. Prepaid expense c. Bad debt d. Stockholders’ equity ANS: Compiled by Manek. 2011. P age |1 ACCY111 / SAMPLE TEST PAPER Q & A Q. The role of accounting in business is best defined as a. an information system that provides reports to stakeholders about the economic activities and condition of a business. b. a method of forecasting the future profitability of a company
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P4-39 a) Net Operating profit after Taxes (NOPAT) * NOPAT2011= 2114-714-2 +(51-87)*.37 * NOPAT2011=$1389 b) Net Operating Assets (NOA)= Operating Assets- Operating Liabilities * NOA2011= (17849-1103-22) - (8663-557-441)- 1183 NOA2011= $7876 * NOA2010= (18302-1826-90) – (8978-663-35) – 1256 NOA2010= $6850 c) RNOA2011= NOPAT/ AVG NOA * RNOA2011= 1389/((7876+6850)/2) RNOA2011= 18.86% NOPM2011= NOPAT/SALES * NOPM2011= 1389/50272 NOPM=2.76% NOAT2011=
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Jump to Navigation Frame Your location: Assessments › View All Submissions › View Attempt View Attempt 1 of 1 Title: | Ch01 Quiz | Started: | August 21‚ 2012 9:12 AM | Submitted: | August 21‚ 2012 9:22 AM | Time spent: | 00:09:30 | Total score: | 10/10 = 100%Total score adjusted by 0.0Maximum possible score: 10 | 1. | ch01001 | | Financial accounting information is: | | | Student Response | Value | Correct Answer | Feedback | A. | Designed to assist investors and creditors
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The format of Source B is very different to that of Source A and it also agrees with the statement. Source B is a table showing the losses of the British on the first day of the battle. The figures presented on the table show that more soldiers were killed/wounded/missing/taken as prisoners on the first day than officers. This is because firstly there were fewer officers to start with but also because officers usually gave directions and stayed behind the frontline instead of going out to fight.
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1st of February and today is 1st of March of the same year. You have just paid him his salary. What accounts will this transaction impact? Answer : Engineers cash account increases and company balance decreases . In terms of accounting head : (DR) Salary account (L) (CR) operating expense account ( Bank) (A) Bravo Corporation borrows Rs 1‚000‚000 on 1st Jan 2013 from a bank for corporate
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Maslow’s hierarchy of needs theorizes that an employee’s most basic needs must be met before he will be motivated by higher needs. The hierarchy consists of five categories physiological‚ safety‚ belongingness‚ esteem and finally self-actualization. Maslow theorized that we are driven by primary needs‚ however the strongest source of motivation is the lowest unsatisfied need at the time; as the lower level need is satisfied the next higher need in the hierarchy becomes the primary motivator. With
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senior bowler his temperament will be useful for the tourists as they seek to reverse a 1-0 series deficit. While Starc can be expected to come back into the team at a later date‚ Cowan may have played his last Test. He had taken part in 18 consecutive matches since his debut on Boxing Day 2011‚ but a record of only one century and an average of 31.28 always left him vulnerable to omission. Australia: 1 Shane Watson‚ 2 Chris Rogers‚ 3 Usman Khawaja‚ 4 Michael Clarke (capt)‚ 5
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Stages of Maslow’s Hierarchy Candice Jumper Everest Online SPCP 2300-12 Stages of Maslow’s Hierarchy 1. There are five levels to Maslow’s Hierarchy of Needs: · Physical Needs · Safety Needs · Belonging Needs · Self-Esteem Needs · Self-Actualization Needs Physical Needs: These needs are the most basic level‚ humans need to survive and communicate helps us to meet this need. Example: Being able to discuss all my problems with my family at home. Safety Needs: We meet safety needs through
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to achieve their life. According to Orlando (1960)‚ “need is a necessity of the person which‚ if supplied‚ relieves or diminishes his immediate distress or improves his immediate logic of adequacy or well-being”. Health and survival is the most important for human being to live longer and healthily. Hence‚ human needs medical treatment and consultation from doctors‚ who known as patient. Nurses play a vital role to fulfill patient’s needs. Patients have to be satisfied with nurses’ job as
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