app_c - A PPENDIX C TIME VALUE OF MONEY SUMMARY OF...

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APPENDIX C TIME VALUE OF MONEY SUMMARY OF QUESTIONS BY STUDY OBJECTIVES AND BLOOM’S TAXONOMY Item SO BT Item SO BT Item SO BT Item SO BT Item SO BT True-False Statements 1. 1 K 3. 1 K 5. 2 K 7. 4 K 9. 5 K 2. 1 K 4. 2 K 6. 3 K 8. 4 K 10. 5 K Multiple Choice Questions 11. 2 K 19. 3 AP 27. 3 AP 35. 4 C 43. 5 C 12. 2 C 20. 3 AP 28. 3 AP 36. 4 C 44. 5 AP 13. 2 C 21. 3 AP 29. 3 AP 37. 4 AP 45. 5 AP 14. 2 AP 22. 3 C 30. 3 AP 38. 4 AP 46. 3 AP 15. 2 AP 23. 3 AP 31. 3 AP 39. 4 AP 47. 4 AP 16. 3 AP 24. 3 AP 32. 3 AP 40. 5 C 17. 3 AP 25. 3 AP 33. 4 AP 41. 5 C 18. 3 C 26. 3 C 34. 4 AP 42. 5 C Exercises 48. 3 AP 51. 3 AP 54. 4 AP 57. 4 AP 60. 5 AP 49. 3 AP 52. 3 AP 55. 4 AP 58. 4 AP 61. 5 AP 50. 3 AP 53. 3 AP 56. 4 AP 59. 4 AP Completion Statements 62. 1 K 63. 2 K 64. 4 K 65. 4 K 66. 5 K
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Test Bank for Accounting Principles, Eighth Edition C - 2 SUMMARY OF STUDY OBJECTIVES BY QUESTION TYPE Item Type Item Type Item Type Item Type Item Type Item Type Item Type Study Objective 1 1. TF 2. TF 3. TF 62. C Study Objective 2 4. TF 11. MC 13. MC 15. MC 5. TF 12. TF 14. MC 63. C Study Objective 3 6. TF 19. MC 23. MC 27. MC 31. MC 49. Ex 53. Ex 16. MC 20. MC 24. MC 28. MC 32. MC 50. Ex 17. MC 21. MC 25. MC 29. MC 46. MC 51. Ex 18. MC 22. MC 26. MC 30. MC 48. Ex 52. Ex Study Objective 4 7. TF 34. MC 37. MC 47. MC 56. Ex 59. Ex 8. TF 35. MC 38. MC 54. Ex 57. Ex 64. C 33. MC 36. MC 39. MC 55. Ex 58. Ex 65. C Study Objective 5 9. TF 40. MC 42. MC 44. MC 60. Ex 66. C 10. TF 41. MC 43. MC 45. MC 61. Ex Note: TF = True-False C = Completion MC = Multiple Choice Ex = Exercise Appendix C also contains one set of five Matching questions.
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Time Value of Money C - 3 CHAPTER STUDY OBJECTIVES 1. Distinguish between simple and compound interest. Simple interest is computed on the principal only, while compound interest is computed on the principal and any interest earned that has not been withdrawn. 2. Identify the variables fundamental to solving present value problems. The following three variables are fundamental to solving present value problems: (1) the future amount, (2) the number of periods, and (3) the interest rate (the discount rate). 3. Solve for present value of a single amount. Prepare a time diagram of the problem. Identify the future amount, the number of discounting periods, and the discount (interest) rate. Using the present value of 1 table, multiply the future amount by the present value factor specified at the intersection of the number of periods and the discount rate. 4. Solve for present value of an annuity. Prepare a time diagram of the problem. Identify the future amounts (annuities), the number of discounting periods, and the discount (interest) rate. Using the present value of an annuity of 1 table, multiply the amount of the annuity by the present value factor specified at the intersection of the number of periods and the interest rate. 5.
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app_c - A PPENDIX C TIME VALUE OF MONEY SUMMARY OF...

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