ADMS2500F.FL93 - NAME: STUDENT NUMBER: SECTION (PLEASE...

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1 SECTION (PLEASE CIRCLE ONE) B: Tues 7-10 pm Brian Gaber CLH-B C: Mon & Wed 4 - 5:30 pm Brian Gaber CLH-E D: Thurs 7-10 pm Kate Bewley CLH-C E: Tues 5-8 pm Kate Bewley Ontario Hydro G: Wed 5-8 pm Sharon Freedman Sick Kids Hospital H: Thurs 7-10 pm Brian Gaber Humber College Tuesday, December 14, 1993 7 -10 p.m. Weighting of final results: Term Work Final Examination Time allowed: 3 hours Total marks: 100 INSTRUCTIONS: Notes for those reviewing this exam: 1. The paper provided may be a combination of more than one exam. Hence, the instructions on the following page concerning division of the paper may not apply. 2. Omissions will be noted near to the specific question affected. NAME: STUDENT NUMBER: YORK UNIVERSITY ATKINSON COLLEGE COMMON FINAL EXAMINATION SESSION: FALL 1993 AK/ADMS 2500.03 50% 50% See next page
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2 INSTRUCTIONS THE EXAM IS DIVIDED INTO TWO PARTS. PART 1 CONSISTS OF 30 COMPUTER GRADED MULTIPLE CHOICE QUESTIONS WORTH 2 MARKS EACH. PART 2 CONSISTS OF 3 QUESTIONS TO BE ANSWERED IN THE SPACE PROVIDED ON THE EXAM. AS A GUIDE TO ALLOCATING YOUR TIME, YOU SHOULD BE SPENDING 1.8 MINUTES PER MARK. PART 1 (QUESTIONS 1 - 30) 60 MARKS (108 MINUTES) PART 2 (QUESTION 1) 10 MARKS (18 MINUTES) PART 2 (QUESTION 2) 10 MARKS (18 MINUTES) PART 2 (QUESTION 3) 20 MARKS (36 MINUTES) QUESTIONS 1 TO 30 ARE TO BE ANSWERED ON THE ACCOMPANYING COMPUTER GRADING SHEET. PLEASE ENSURE THAT: 1) YOUR NAME, STUDENT ID, INSTRUCTOR'S NAME AND SECTION NUMBER ARE ENTERED AT THE TOP OF THE FORM. YOUR ID # SHOULD BE CODED. 2) YOU FILL OUT THE FORM USING A SOFT LEAD PENCIL (HB OR SOFTER - DO NOT USE H OR 2H). 3) RECORD ANSWERS USING A HORIZONTAL STROKE THAT COMPLETELY FILLS THE BOX FOR THAT LETTER. THE EXAMPLE IN THE TOP RIGHT CORNER OF THE FORM SHOWS THE CORRECT PROCEDURE. 4) IF YOU CHANGE YOUR ANSWER, YOU MUST ENSURE THAT THE ORIGINAL PENCIL MARK IS COMPLETELY ERASED. IF THE COMPUTER SENSES THAT 2 BOXES ARE FILLED IN, IT MARKS THE QUESTION WRONG. 5) TAKE SPECIAL CARE TO ENSURE THAT THE QUESTION NUMBER ON THE ANSWER SHEET WHERE YOU RECORD YOUR ANSWER CORRESPONDS TO THE SAME QUESTION NUMBER ON THE EXAM. 6) IN ANSWERING EACH QUESTION, CIRCLE THE APPROPRIATE LETTER ON THE EXAM BEFORE RECORDING YOUR ANSWER ON THE COMPUTER SHEET. THIS WILL ALLOW YOUR EXAM TO BE USED AS A BACKUP IF THE COMPUTER ANSWER SHEET IS MISPLACED.
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3 Entries for the following items were either omitted or recorded incorrectly. Indicate the amount and nature (U = understatement, O = overstatement, N = no impact) of the impact on the financial statements. Ignore income tax effects. EXAMPLE : Depreciation of $1000 was unrecorded. Total assets = $1000 O Total Liabilities = N Net Income = $1000 O (a) A payment of $2000 was received from a customer for an order that has not even been produced yet. The $2000 was credited to Sales Revenue. (b)
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This note was uploaded on 01/24/2011 for the course ADMS 2500 taught by Professor Warner during the Spring '08 term at York University.

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ADMS2500F.FL93 - NAME: STUDENT NUMBER: SECTION (PLEASE...

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