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Course Number: ACC ACC 101A, Spring 2010

College/University: UC Riverside

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Name Chapter 10--Current Liabilities and Payroll Description Instructions Modify Add Question Here Question 1 True/False 0 points Modify Remove Question Receiving payment prior to delivering goods or services causes a current liability to be incurred. Answer True False Add Question Here Question 2 True/False 0 points Modify Remove Question For a current liability to exist, the following two tests must...

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Chapter Name 10--Current Liabilities and Payroll Description Instructions Modify Add Question Here Question 1 True/False 0 points Modify Remove Question Receiving payment prior to delivering goods or services causes a current liability to be incurred. Answer True False Add Question Here Question 2 True/False 0 points Modify Remove Question For a current liability to exist, the following two tests must be met. The liability must be due usually within a year and must be paid out of current assets. Answer True False Add Question Here Question 3 True/False 0 points Modify Remove Question All long-term liabilities eventually become current liabilities. Answer True False Add Question Here Question 4 True/False 0 points Modify Remove Question The borrower is the one who issues a note payable to a creditor. Answer True False Add Question Here Question 5 True/False 0 points Modify Remove Question The payee of a note records it as a notes payable on its books. Answer True False Add Question Here Question 6 True/False 0 points Modify Remove Question Interest expense is reported in the operating expense section of the income statement. Answer True False Add Question Here Question 7 True/False 0 points Modify Remove Question A loan in which the lender deducts interest from the amount borrowed before the money is advanced to the borrower is called an interest bearing note. Answer True False Add Question Here Question 8 True/False 0 points Modify Remove Question For an interest bearing note payable, the amount borrowed is equal to the face amount of the note. Answer True False Add Question Here Question 9 True/False 0 points Modify Remove Question The amount of money a borrower receives from the lender is called discount rate. Answer True False Add Question Here Question 10 True/False 0 points Modify Remove Question The proceeds of a discounted note are equal to the face value of the note. Answer True False Add Question Here Question 11 True/False 0 points Modify Remove Question The discount on a note payable is charged to an account that has a normal credit balance. Answer True False Add Question Here True/False 0 points Modify Remove Question 12 Question The proceeds from discounting a $20,000, 60-day, note payable at 6% is $20,200. Answer True False Add Question Here Question 13 True/False 0 points Modify Remove Question Amounts withheld from each employee for Social Security and Medicare varies by state. Answer True False Add Question Here Question 14 True/False 0 Form points Modify Remove Question W-4 is a form used by employers to determine the amount of federal taxes to withhold from their employees. Answer True False Add Question Here Question 15 True/False 0 points Modify Remove Question Form W-2 is called the Wage and Tax Statement. Answer True False Add Question Here Question 16 True/False 0 points Modify Remove Question If, prior to the last weekly payroll period of the calendar year, the cumulative earnings for an employee are $98,800, earnings subject to social security tax are $100,000, and the tax rate is 6.0%, the employer's social security tax on the $2,000 gross earnings paid on the last day of the year is $120. Answer True False Add Question Here Question 17 True/False 0 points Modify Remove Question An employee's take home pay is equal to gross pay less all voluntary deductions. Answer True False Add Question Here Question 18 True/False 0 points Modify Remove Question Taxes deducted from an employee's earnings to finance social security and medicare benefits are called FICA taxes. Answer True False Add Question Here Question 19 True/False 0 points Modify Remove Question Generally, all deductions made from an employee's gross pay are required by law. Answer True False Add Question Here Question 20 True/False 0 points Modify Remove Question Payroll taxes are based on the employee's net pay. Answer True False Add Question Here Question 21 True/False 0 points Modify Remove Question Most employers are required to withhold federal unemployment taxes from employee earnings. Answer True False Add Question Here Question 22 True/False 0 points Modify Remove Question FICA tax is a payroll tax that is paid only by employers. Answer True False Add Question Here Question 23 True/False 0 points Modify Remove Question Medicare taxes are withheld from an employee's pay only until the employee has earned a specific amount each year. Answer True False Add Question Here Question 24 True/False 0 points Modify Remove Question Medicare taxes are paid by both the employee and the employer. Answer True False Add Question Here Question 25 True/False 0 points Modify Remove Question Federal unemployment taxes are paid by the employer and the employee. Answer True False Add Question Here Question 26 True/False 0 points Modify Remove Question Federal unemployment compensation taxes that are collected by the federal government are not paid directly to the unemployed but are allocated among the states for use in state programs.

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UC Riverside - ACC - ACC 101A
Name Chapter 11-Corporations: Organization, Stock Transactions, and Dividends Description InstructionsModifyAdd Question HereQuestion 1True/False0 pointsModifyRemoveQuestion Twenty percent of all businesses in the United States are corporations an
UC Riverside - ACC - ACC 101A
Name Chapter 12-Long-Term Liabilities: Bonds and Notes Description InstructionsModifyAdd Question HereQuestion 1True/False0 pointsModifyRemoveQuestion A bond is simply a form of an interest bearing note. Answer True False Add Question HereQuestio
UC Riverside - ACC - ACC 101A
Name Chapter 13-Investments and Fair Value Accounting Description InstructionsModifyAdd Question HereQuestion 1True/False0 pointsModifyRemoveQuestion As with other assets, the cost of a bond investment includes all costs related to the purchase. A
UC Riverside - ACC - ACC 101A
Name Chapter 14-Statement of Cash Flows Description InstructionsModifyAdd Question HereQuestion 1True/False0 pointsModifyRemoveQuestion The statement of cash flows is not one of the basic financial statements. Answer True False Add Question HereQ
UC Riverside - ACC - ACC 101A
Name Chapter 15-Financial Statement Analysis Description InstructionsModifyAdd Question HereQuestion 1True/False0 pointsModifyRemoveQuestion If comparative balance sheets indicate no liability for bonds payable on the preceding year and a liabilit
UC Riverside - ACC - ACC 101A
Chapter 1 Introduction to Managerial AccountingOBJECTIVESObj 1 Obj 2 Obj 3 Obj 4Describe managerial accounting, and the role of managerial accounting in a business. Define and illustrate the following costs: direct and indirect, direct materials, direc
UC Riverside - ACC - ACC 101A
Chapter 2 Job Order Cost SystemsOBJECTIVESObj 1 Obj 2 Obj 3 Obj 4Describe accounting systems used by manufacturing businesses. Describe and prepare summary journal entries for a job order cost accounting system. Use job order cost information for decis
UC Riverside - ACC - ACC 101A
Chapter 3 Process Cost SystemsOBJECTIVESObj 1 Obj 2 Obj 3 Obj 4 Obj 5Explain and illustrate the characteristics and cost flows for a process manufacturer. Prepare a cost of production report accounting for completed units under the FIFO method. Prepare
UC Riverside - ACC - ACC 101A
Chapter 4 Cost Behavior and Cost-Volume-Profit AnalysisOBJECTIVESObj 1 Obj 2 Obj 3 Obj 4 Obj 5Classify costs by their behavior as variable costs, fixed costs, or mixed costs. Compute the contribution margin, the contribution margin ratio, and the unit
UC Riverside - ACC - ACC 101A
Chapter 5Variable Costing For Management AnalysisOBJECTIVESObj1 Obj 2 Obj 3 Obj 4 Obj 5 Obj 6Describe and illustrate income reporting under variable costing and absorption costing. Describe and illustrate income analysis under variable costing and abs
UC Riverside - ACC - ACC 101A
Chapter 6 BudgetingOBJECTIVESObj 1 Obj 2 Obj 3 Obj 4 Obj 5Describe budgeting, its objectives, and its impact on human behavior. Describe the basic elements of the budget process, the two major types of budgeting, and the use of computers in budgeting.
UC Riverside - ACC - ACC 101A
Chapter 7 Performance Evaluation Using Variances From Standard CostsOBJECTIVESObj 1 Obj 2 Obj 3 Obj 4 Obj 5 Obj 6Describe the types of standards and how they are established for businesses. Explain and illustrate how standards are used in budgeting. Ca
UC Riverside - ACC - ACC 101A
Chapter 8 Performance Evaluation for Decentralized OperationsOBJECTIVESObj 1 Obj 2 Obj 3 Obj 4 Obj 5List and explain the advantages and disadvantages of decentralized operations. Prepare a responsibility accounting report for a cost center. Prepare res
UC Riverside - ACC - ACC 101A
Chapter 9 Differential Analysis and Product PricingOBJECTIVESObj 1Obj 2 Obj 3Prepare a differential analysis report for decisions involving leasing or selling equipment, discontinuing an unprofitable segment, manufacturing or purchasing a needed part,
UC Riverside - ACC - ACC 101A
Chapter 10 Capital Investment AnalysisOBJECTIVESObj 1 Obj 2 Obj 3 Obj 4Explain the nature and importance of capital investment analysis. Evaluate capital investment proposals, using the following methods: average rate of return, cash payback, net prese
UC Riverside - ACC - ACC 101A
Chapter 11 Cost Allocation and Activity-Based CostingOBJECTIVESObj 1 Obj 2 Obj 3 Obj 4 Obj 5 Obj 6Identify three methods used for allocating factory overhead costs to products. Use a single plantwide factory overhead rate for product costing. Use multi
UC Riverside - ACC - ACC 101A
Chapter 12 Cost Management for Just-In-Time EnvironmentsOBJECTIVESObj 1 Obj 2 Obj 3 Obj 4 Obj 5Compare and contrast just-in-time (JIT) manufacturing practices with traditional manufacturing practices. Apply just-in-time manufacturing practices to a tra
UC Riverside - ACC - ACC 101A
Chapter 13 Statement of Cash FlowsOBJECTIVESObj 1 Obj 2 Obj 3Summarize the types of cash flow activities reported in the statement of cash flows. Prepare a statement of cash flows, using the indirect method. Prepare a statement of cash flows, using the
UC Riverside - ACC - ACC 101A
Chapter 14 Financial Statement AnalysisOBJECTIVESObj 1 Obj 2 Obj 3 Obj 4List basic financial statement analytical procedures. Apply financial statement analysis to assess the solvency of a business. Apply financial statement analysis to assess the prof
École Normale Supérieure - BUS - Busi307
StratSim Industry 1/Firm AAffordable Cars business strategyThe business dictionary defines a business as an economic system in which goods and services are exchanged for one another or money, on the basis of their perceived worth. Businesses require inv
Academy of Design Tampa - CHEM - che 435
UC Davis - CHEM 2B - 993029
UC Davis - CHEM 2B - 993029
Lecture 2 Internal Energy First Law of Thermodynamics State Functions versus Path Functions Heat Transfer during a Physical Change Heat Transfer During a Chemical Change At constant volume (qv) At constant pressure (qp) Standard State and Standard Enthal
UC Davis - CHEM 2B - 993029
Lecture 3 Using Thermochemical Equations. Hesss Law. Standard Enthalpy of Formation of a Substance. Determination of Ho : A summary. Indirect determination of Ho : A summary.TOUPADAKIS Chapter 7 Lecture 3Using Thermochemical Equations Enthalpy and the
UC Davis - CHEM 2B - 993029
Chapter 12 Why study liquids and solids?In order to answer questions like: Why is carbon dioxide normally a gas, whereas water is normally a liquid? Why do any liquids form anyway? Why do liquids freeze to solids as the temperature is lowered? Why ice fl
UC Davis - CHEM 2B - 993029
Lecture 5! ! ! ! ! ! ! ! ! Phase Diagrams and their Features. The Phase Diagrams of H2O and CO2. Types of Structures. Crystal Structure. Seven Crystal Systems or Shapes of Unit Cells. Cubic Unit Cell. Three Forms of Cubic Unit Cell. Occupancy. The Crysta
UC Davis - CHEM 2B - 993029
Chapter 13Why study solutions?In order to answer questions like: How does antifreeze work at the molecular level? How does salt work in melting ice on the roads? Why does sea water has higher boiling point than spring water? Why does a swimmers fingers
UC Davis - CHEM 2B - 993029
Lecture 7 Solution Formation as a Process Towards Equilibrium. Solubility Curves. Henrys Law: Solubility of Gases. Raoult's Law: Vapor Pressure Lowering. Fractional Distillation. Azeotropic Solutions.TOUPADAKIS Lecture 7 Chapter 13Solution Formation as
UC Davis - CHEM 2B - 993029
Lecture 8 Colligative Properties of a Solution. Solutions of Nonelectrolytes. Pure Solvent and Solution Phase Diagram. Osmotic Pressure. Osmotic Pressure in Biology. Reverse Osmosis Desalination. Solutions of Electrolytes. Vant Hoff Factor (i).TOUPADAKI
UC Davis - CHEM 2B - 993029
Lecture 9 Interionic Interactions: Debye and Hckel. Colloidal Mixtures. Summary. Problems.TOUPADAKIS Lecture 9 Chapter 13Interionic Interactions: Debye and Hckel Ions in solution do not behave independently from each other. Each ion is surrounded by o
UC Davis - CHEM 2B - 993029
Chapter 15Why study chemical equilibrium ?In order to answer questions like: How do we increase the yield of a chemical reaction in industry? Why aspirin and alcohol should not be taken together. Why and how stalagmites and stalactites form? How do we c
UC Davis - CHEM 2B - 993029
Lecture 11 Using Keq to predict the extent of a reaction.What does the size of Keq really tell us? Using Keq to calculate the extent of a reaction.Calculating equilibrium concentrations in order to find the yield of a reaction. Using Keq and Q to pre
UC Davis - CHEM 2B - 993029
Lecture 12 Le Chtelliers Principle. Factors that Alter the Composition of an Equilibrium Mixture. Concentration Pressure and Volume Temperature The No Effect of a Catalyst on the Composition of an Equilibrium Mixture.TOUPADAKIS Lecture 12 Chapter 15Wha
UC Davis - CHEM 2B - 993029
Chapter 16Why study Acids and Bases?In order to answer questions like: What makes a substance behave as an acid or as a base? How do acids and bases function in plant and animal cells for the survival of individual organisms? What are the characteristi
UC Davis - CHEM 2B - 993029
Lecture 14 Strong acids versus weak acids and strong bases versus weak bases. Percent ionization. Various ways to describe acid strength. Problems Calculating the pH of a strong acid and the pH of a weak acid solution. Calculating the pH of a strong base
UC Davis - CHEM 2B - 993029
Lecture 15Ions as Acids and Bases. The Conjugate Seesaw. Hydrolysis and the pH of Salt Solutions. Molecular Structure and Acid-Base Behavior. Lewis Acids and Bases. Complex Ions. Acid Rain.TOUPADAKIS Lecture 15 Chapter 16Ions as Acids and BasesNH4+ +
UC Davis - CHEM 2B - 993029
Lecture 16 The Common-Ion Effect in Acid-Base Equilibria. Suppression of Ionization of a Weak Acid. Suppression of Ionization of a Weak Base.TOUPADAKIS Lecture 16 Chapter 17The Common-Ion Effect in Acid-Base Equilibria The Common-Ion Effect describes t
UC Davis - CHEM 2B - 993029
Lecture 17 Buffer Solutions. Solutions of Weak Acids and Their Salts. Solutions of Weak Bases and Their Salts. How a Buffer Works. The Henderson - Hasselbalch Equation. Calculating the pH of a Buffer Solution.TOUPADAKIS Lecture 17 Chapter 17Buffer Solu
UC Davis - CHEM 2B - 993029
Lecture 18 Calculating the pH of a Buffer Solution After the Addition of a Strong Base. Buffer Capacity. Preparing a Buffer Solution. Acid-Base Indicators.TOUPADAKIS Lecture 18 Chapter 17Calculating pH Changes in Buffer SolutionsTOUPADAKIS Lecture 18
UC Davis - CHEM 2B - 993029
Lecture 19 Neutralization Reactions and Titration Curves: Terminology Titration of a Strong Acid with a Strong Base. Titration of a Strong Base with a Strong Acid. Titration of a Weak Acid with a Strong Base. Titration of a Weak Base with a Strong Acid.
UC Davis - CHEM 2B - 993029
Chapter 18Why Study Solubility and Complex-Ion Equilibria?In order to answer questions like: How does tooth enamel dissolves on acidic solutions causing tooth decay? How does fluoride in toothpaste prevent tooth decay? How does the precipitation of cer
UC Davis - CHEM 2B - 993029
Lecture 21 The Salt Effect. Salt Effect Versus Common Ion Effect. Ion Pair Formation: Incomplete Dissociation. Criteria for Precipitation: The Ion Product Qsp. Fractional Precipitation. The pH of the Solution Can Affect Solubility.TOUPADAKIS Lecture 2
UC Davis - CHEM 2B - 993029
Lecture 22Complex Ions: Definitions. Formation Constant of Complex Ions. Formation of Complex Ions Affects Solubility. Study Example 18-11. Qualitative Cation Analysis. Tooth Decay. Study Example 18-12.TOUPADAKIS Lecture 22 Chapter 18Complex Ions Comp
UC Davis - CHEM 2B - 993029
Chapter 19 Why Study Entropy and Free Energy?In order to answer questions like: Why physical and chemical changes under specified conditions tend to be favored one direction over another? What is the connection between energy and the extent of a reactio
UC Davis - CHEM 2B - 993029
Lecture 24 Determination of Stotal for a Chemical Change. Free Energy (G) and Free Energy Change (G). Criterion for Spontaneous Change based on Gsystem.TOUPADAKIS Lecture 24 Chapter 19Determination of Stotal for a Chemical ChangeStotal = Ssystem + Ssu
UC Davis - CHEM 2B - 993029
Lecture 26 Free Energy Change and Spontaneity Spontaneity of a Chemical Change at Nonstandard Conditions: G = G + RT ln Q Relationship of G to the Equilibrium Constant: G = - RT ln KeqTOUPADAKIS Lecture 26 Chapter 19Free Energy Change and Spontaneity
Baltimore Hebrew University - PHILOSOPHY - 1230uh
AN EXISTENTIAL READING OF CAMUS AND DOSTOEVSKY FOCUSING ON CAMUSS NOTION OF THE ABSURD AND SARTREAN AUTHENTICITYA Thesisby JI HYUN PARKSubmitted to the Office of Graduate Studies of Texas A&M University in partial fulfillment of the requirements for th
Wilson - MBA - mba
Supply Chain ManagementNetwork Design in the Supply Chain5-1OutlineA strategic framework for facility location x Multi-echelon networks x Gravity methods for location x Plant location modelsx5 -2Network Design DecisionsFacility role x Facility loc
Ohio State - STAT - 620
Chapter 1Probability TheoryIf any little problem comes your way, I shall be happy, if I can, to give you a hint or two as to its solution. Sherlock Holmes The Adventure of the Three Students 1.1 a. Each sample point describes the result of the toss (H o
Ohio State - STAT - 620
Chapter 2Transformations and Expectations2.1 a. fx (x) = 42x5 (1 x), 0 < x < 1; y = x3 = g (x), monotone, and Y = (0, 1). Use Theorem 2.1.5. fY (y ) = fx (g 1 (y ) = d 1 g (y ) dy = fx (y 1/3 ) d 1/3 1 (y ) = 42y 5/3 (1 y 1/3 )( y 2/3 ) dy 314y (1 y 1/
Ohio State - STAT - 622
Chapter 12Regression Models12.1 The point ( , y ) is the closest if it lies on the vertex of the right triangle with vertices (x , y ) x and (x , a + bx ). By the Pythagorean theorem, we must have (x x ) + y (a + bx ) 2 2+ (x x ) +( y ) y22= (x x )
Ohio State - STAT - 622
Chapter 11Analysis of Variance and Regression11.1 a. The rst order Taylors series approximation is Var[g (Y )] [g ()]2 VarY = [g ()]2 v (). b. If we choose g (y ) = g (y ) =y a1v (x)dx, then adg () d = d d1 v (x)dx =1 v (),by the Fundamental
Ohio State - STAT - 622
Chapter 10Asymptotic Evaluations10.1 First calculate some moments for this distribution. EX = /3, E X 2 = 1/3, VarX = 1 2 . 3 9 So 3Xn is an unbiased estimator of with variance Var(3Xn ) = 9(VarX )/n = (3 2 )/n 0 as n . So by Theorem 10.1.3, 3Xn is a c
Ohio State - STAT - 622
Chapter 9Interval Estimation9.1 Denote A = cfw_x : L(x) and B = cfw_x : U (x) . Then A B = cfw_x : L(x) U (x) and 1 P cfw_A B = P cfw_L(X ) or U (X ) P cfw_L(X ) or L(X ) = 1, since L(x) U (x). Therefore, P (A B ) = P (A)+ P (B ) P (A B ) = 1 1 +1 2 1
Ohio State - STAT - 622
Chapter 8Hypothesis Testing8.1 Let X = # of heads out of 1000. If the coin is fair, then X binomial(1000, 1/2). So1000P (X 560) =x=5601000 x1 2x1 2nx .0000825,where a computer was used to do the calculation. For this binomial, E X = 1000p = 50
Ohio State - STAT - 622
Chapter 7Point Estimation 7.1 For each value of x, the MLE is the value of that maximizes f (x|). These values are in the following table. x01 2 34 1 1 2 or 3 3 3 At x = 2, f (x|2) = f (x|3) = 1/4 are both maxima, so both = 2 or = 3 are MLEs. 7.2 a. L(
Ohio State - STAT - 622
Chapter 6Principles of Data Reduction6.1 By the Factorization Theorem, |X | is sucient because the pdf of X is f (x| 2 ) = 2 2 2 2 1 1 ex /2 = e|x| /2 = g ( |x| 2 ) 1 . 2 2h(x)6.2 By the Factorization Theorem, T (X ) = mini (Xi /i) is sucient because
Ohio State - STAT - 622
Chapter 5Properties of a Random Sample5.1 Let X = # color blind people in a sample of size n. Then X binomial(n, p), where p = .01. The probability that a sample contains a color blind person is P (X > 0) = 1 P (X = 0), where P (X = 0) = n (.01)0 (.99)n
Ohio State - STAT - 622
Chapter 4Multiple Random Variables4.1 Since the distribution is uniform, the easiest way to calculate these probabilities is as the ratio of areas, the total area being 4. a. The circle x2 + y 2 1 has area , so P (X 2 + Y 2 1) = . 4 2 b. The area below
Ohio State - STAT - 622
Chapter 3Common Families of Distributions3.1 The pmf of X is f (x) =1 N1 N0 +1 , N1x = N0 , N0 + 1, . . . , N1 . ThenN1 N0 1EX=x=N 0x1 1 = N1 N 0 +1 N1 N 0 +1xx=1 x=1x= =1 N1 N 0 +1 N1 + N0 . 2N 1N1 (N 1 +1) (N 0 1)(N 0 1 + 1) 2 2Similar
Ohio State - ESL - 104