ADMS2500W.MT94 - NAME(Please print STUDENT NUMBER YORK...

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1 NAME (Please print):_____________________ STUDENT NUMBER: _____________________ YORK UNIVERSITY ATKINSON COLLEGE DEPARTMENT OF ADMINISTRATIVE STUDIES AK/ADMS 2500.03 MIDTERM EXAMINATION SECTION (circle one): J - Monday 7 - 10 p.m. K - Tuesday 4 - 7 p.m. L Wednesday 7- 10 p.m. N Thursday 7 10 p.m. TIME ALLOWED 2 ½ HOURS TOTAL MARKS 120 WEIGHTING 25% OF COURSE GRADE QUESTION MARKS TIME SCORE 1 22 27 2 12 15 3 15 19 4 20 25 5 21 26 6 30 38 TOTAL 120 150 MINUTES
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2 (1) The exam has two parts - write your name and student number on both parts. (2) All questions are to be answered on the examination. (3) Budget your time on each question by using times given. (4) Some scratch paper is supplied for rough work. It will not be graded. Leave on your desk for recycling. (5) Work that is illegible (e.g. writing too small, using faint pencil, poor penmanship, etc.) will not be graded. (6) Use point-form answers to written questions. (7) You may not leave the examination room for the first 30 minutes. No one is permitted to start the exam after 30 minutes have expired. (8) All books, coats and personal effects must be placed on the floor beside you - not on the tables. (9) Only one student at a time is permitted to go to the washroom and must be accompanied by a proctor. (10) Students with "wandering eyes" will receive one warning during the exam. A second warning will result in confiscation of the exam. Students are encouraged to report to the proctors any observed instances of academic dishonesty by other students. (11) You may turn in your exams and leave the room until the proctors announce that there are 15 minutes remaining. After that all students must remain in their seats until the proctors have collected every student's paper. Conversation or continued writing during this period will result in a grade of zero on the exam and reporting of the incident to the University Panel on Academic Dishonesty. (12) Remain calm throughout the entire exam and avoid shallow breathing.
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3 QUESTION 1 MULTIPLE CHOICE - 22 MARKS (2 MARKS EACH) (27 MINUTES) Required: For each of the following, select the single best response by circling the appropriate letter. If you change your choice, clearly indicate your final selection by putting "FC", i.e. final choice, beside the letter. If two responses are circled, the question will not be graded. 1. The trial balance of Spraakman Ltd. shows the following balances: Cash $1,000 Accounts Receivable $2,000 Land $9,000 Accounts Payable $2,000 Capital Stock $2,000 Dividends $2,000 Service Revenue $11,000 Miscellaneous Expenses $4,000 Allowance for Doubtful Accounts $1,000 Deposits from Customers $2,000 What amounts will Spraakman report on the financial statements for Total Assets and Total Shareholders' Equity?
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