FIN 3403 – 2011 Spring Term – Mock Exam 1 – Solutions
Name (Printed) ___________Solutions_____________
UF ID# ______________________
Group Number ________________
READ THIS PAGE CAREFULLY BEFORE YOU BEGIN
YOU MUST BE IN THE CORRECT ROOM OR YOUR EXAM WILL NOT BE GRADED
DO NOT OPEN THIS EXAM UNTIL INSTRUCTED TO DO SO
Close all books.
The only items allowed on the desk are a #2 pencil (no pens), your exam, the
equation packet supplied by us, a non-text storing calculator(s), and your scantron answer sheet,
also supplied by us.
All other materials, such as computers, cell phones (please turn them off),
PDAs, iPODs, text messaging devices, ear buds/speakers/microphones, Bluetooth devices, etc.
must be placed in a closed backpack or purse (not visible to you or others), which, in turn, must
be placed on the floor under your chair.
Calculators which store text, such as the TI-83, are not allowed
and their use will be considered a
violation of the honor code.
Print your name on this exam, fill in your UF ID# and Group Number, and then sign this exam in
the space provided: we will collect this first page when you turn in your scantron sheet.
Fill in the information requested on the scantron answer sheet and then bubble in the
corresponding data: Last Name, First Initial, Middle Initial, UF ID, Exam Code (Test Form Code),
and Group Number (right justified in the space for Section Number: e.g., Group 3 = 0003; Group
25 = 0025, etc.).
Your UF ID is on your Gator 1 ID card.
Failure to follow steps 3, 4, and 5 above will result in a 10-point penalty being subtracted from
your raw score.
This exam consists of 38 questions: 1 Administrative question worth 10 points, 10 True/False-
type questions worth 1 point each based on the Current Events discussions in class, 14 Basic
Problems worth 2 points each, and 13 Problem-oriented questions worth 4 points each.
your answers in Rows 1-38 of the scantron.
There is no penalty for guessing, so you should
attempt to answer all of the questions.
Select the most correct (best) answer
Proctors will not answer questions involving the exam materials or questions on the exam: being
able to understand the question is part of the exam.
Proctors will not review your scantron for correctness at the end of the exam before you turn it in.
Items 3, 4, and 5 above are your responsibility, not theirs.
Proctors may move students during the exam to lessen the possibility for cheating.
If you are
asked to move, it does not mean that you are cheating: you may be moved so that another
student cannot copy from your exam.
Cheating is a serious matter and will be dealt with severely.
By turning in the scantron answer
sheet to this exam you are confirming that all work on this exam is your own and that you have
not received help from any other source (i.e., cheated) in answering the questions on this exam.