Final Exam Information

Final Exam Information - Exam Information BIGGIES: I....

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Exam Information BIGGIES: I. Demonstrate knowledge/understanding of allowance/reserve accounts: a. LIFO Reserve b. LCM Adjustment c. Fair Value Adjustment d. Accumulated Depreciation (see, for example question 1 below) II. Retail Inventory Method Including Retail LIFO III. Interest Capitalization/Expense IV. Equity Investment Methods Including the Equity Method V. Errors Including Inventory Errors VI. Dollar Value LIFO (you are not responsible for dollar value LIFO retail method) VII. Basic Inventory and Depreciation Accounting The above list are things you are guaranteed to see on the final. It does not mean that things not on it will not be on the exam. But you certainly won’t see some huge problem or multiple multiple choice questions addressing something not on the list. The course syllabus on the website is now current and lists recommended problems for each chapter. The final consists of 20 multiple choice questions 6 work-out possible J/E questions, and one required discussion question (you are told what this question is about in other
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Final Exam Information - Exam Information BIGGIES: I....

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