A100+Exam+1+Fall+1+2007

A100+Exam+1+Fall+1+2007 - A100 Exam 1 Fall 1 2007 First...

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A100 Exam 1 Fall 1 2007 First Eight Weeks Exam version A Instruction 1: Fill in the information below. Write clearly: NAME (print): E-mail address: . Name (Signature): Student i.d. # : . Course Section #: . Instruction 2: Read carefully and follow the directions below: There are 32 multiple-choice questions on this exam. Be sure your exam is complete. You will have until 11:00 p.m. to finish the exam. For each question, select the best answer from among the alternatives provided. In order to receive credit for your answers, you must mark them on the machine-readable answer sheet provided. Answers on the exam itself will not be considered in grading the exam. The answer sheet should be completed as follows: - Name (Last name (followed by a space), then first name. Fill in the bubbles below. See example at the front of the room. - Student identification number. Fill in the bubbles below. See example at the front of the room. - In the “Special Codes” area, fill in your section number in columns (k through o). Fill in the bubbles below. See example at the front of the room. - There are multiple versions of this exam. Indicate your version on the answer sheet by entering an “A” in the very last space of the NAME section of your answer sheet. Fill in the “A” bubble below. See example at the front of the room. You may not use scrap paper during the exam. The only calculator you may use is the one specifically required for A100. When you complete the exam (including checking your work if you have time), place your answer sheet behind your exam and turn both the exam and answer sheet in to the exam proctor as you leave the room. NO EXAM MATERIALS MAY LEAVE THIS ROOM. Failure to turn in all exam materials is a violation of the Honor Code. Do not ask the exam proctors questions during the exam. If you discover an error or ambiguity on the exam, make the best assumption you can and continue working. GOOD LUCK!
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1 Which of the following is NOT a big four accounting firm? a KPMG c IBM d PricewaterhouseCoopers e Deloitte 2 The FASB and IASB are both engaged in: a Law enforcement on behalf of their respective governments in prosecuting publicly traded companies' illegal acts b Providing auditing services to companies that are publicly traded on major stock exchanges around the world c Setting accounting standards d Creating rules that are used by governments to assess and collect taxes levied against publicly traded companies e Collecting and publishing financial statements of publicly traded companies in countries that adhere to their rules 3 The difference between the price a bakery sells land for and the price it originally paid for the land is reported as: a an operating activity on the statement of cash flows
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This note was uploaded on 02/24/2011 for the course ECON 302 taught by Professor Prof.ds during the Summer '09 term at Harvard.

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A100+Exam+1+Fall+1+2007 - A100 Exam 1 Fall 1 2007 First...

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