KISV_SM_CH05COMPLETE - 5-1CHAPTER 5 Balance Sheet and...

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Unformatted text preview: 5-1CHAPTER 5 Balance Sheet and Statement of Cash Flows ASSIGNMENT CLASSIFICATION TABLE (BY TOPIC) Topics Questions Brief Exercises Exercises Problems Concepts for Analysis1. Disclosure principles, uses of the balance sheet, financial flexibility. 1, 2, 3, 4, 5, 6, 7, 10, 18, 22, 23, 25 2 4, 5 2. Classification of items in the balance sheet and other financial statements. 11, 12, 13, 14, 15, 16, 18, 19 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11 1, 2, 3, 4, 5, 6, 8, 12 1, 2, 3 3. Preparation of balance sheet; issues of format, terminology, and valuation. 4, 7, 8, 9, 16, 17, 20, 21, 24 3, 5, 7, 8, 9, 10, 11, 12 1, 2, 3, 4, 5 3, 4, 5 4. Statement of cash flows. 25, 26, 27, 28, 29, 30, 31, 32 12, 13, 14, 15, 16 13, 14, 15, 16, 17, 18 6, 7 6 5-2ASSIGNMENT CLASSIFICATION TABLE (BY LEARNING OBJECTIVE) Learning Objectives Brief Exercises Exercises Problems 1. Explain the uses and limitations of a balance sheet. 6 2. Identify the major classifications of the balance sheet. 1, 2, 3, 4, 5 6, 8, 9 3. Prepare a classified balance sheet using the report and account formats. 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 14 1, 2, 3, 4, 5, 6, 7 4. Determine which balance sheet information requires supplemental disclosure. 12 5 5. Describe the major disclosure techniques for the balance sheet. 6. Indicate the purpose of the statement of cash flows. 7. Identify the content of the statement of cash flows. 13 8. Prepare a statement of cash flows. 12, 13, 14, 15 14, 15, 16, 17, 18 6, 7 9. Understand the usefulness of the statement of cash flows. 16 16, 17, 18 6, 7 5-3ASSIGNMENT CHARACTERISTICS TABLE Item Description Level of Difficulty Time (minutes) E5-1 Classification of balance sheet accounts. Simple 1520 E5-2 Classification of balance sheet accounts. Simple 1520 E5-3 Preparation of a classified balance sheet. Simple 3035 E5-4 Balance sheet classifications. Simple 1520 E5-5 Corrections of a balance sheet. Complex 3035 E5-6 Current assets and current liabilities. Complex 3035 E5-7 Current vs. long-term liabilities. Moderate 1015 E5-8 Current assets section of the balance sheet. Moderate 1520 E5-9 Preparation of a corrected balance sheet. Simple 3035 E5-10 Balance sheet preparation. Moderate 2530 E5-11 Preparation of a balance sheet. Moderate 3035 E5-12 Current liabilities. Moderate 1520 E5-13 Statement of cash flowsclassifications. Moderate 1520 E5-14 Preparation of a statement of cash flows and a balance sheet. Moderate 3035 E5-15 Preparation of a statement of cash flows. Moderate 2535 E5-16 Preparation of a statement of cash flows. Moderate 2535 E5-17 Preparation of a statement of cash flows, analysis. Moderate 2535 E5-18 Preparation of a statement of cash flows. Moderate 2535 P5-1 Balance sheet preparation. Moderate 3540 P5-2 Balance sheet adjustment and preparation. Moderate 4045 P5-3 Preparation of a classified balance sheet, periodic inventory....
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KISV_SM_CH05COMPLETE - 5-1CHAPTER 5 Balance Sheet and...

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