STUDY GUIDE – FINANCIAL ACCOUNTING FINAL EXAM I.Date/time II.Bring to class a.Calculator & Pencil b.“Cheat sheets” i.Full sheet (8.5x11) with notes on 1 side only ii.Can also copy the ratio formulas on page 557 in text III.50 multiple choice questions @ 2 points each for 100 points. IV.Study guide by chapter a.Chapter 8; Accounting for Long-Term Assets, 9 questions: i.6 theory questions; 2 general questions about plant assets, 1 depreciation methods, 1 depreciation terms, 1 depletion, 1 types of intangibles. ii.3 computation questions; group purchase allocation, 1 each on depreciation calculation under double-declining balance and units-of-production. b.Chapter 9; Accounting for Current Liabilities, 6 questions: i.3 theory questions; all general questions about current liabilities. ii.3 computation questions, 1 each; accrual of interest at year-end, vacation benefit expense, warranty expense. c.Chapter 10; Accounting for Long-Term Liabilities, 9 questions: i.
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