1.When something is practiced in a group of people in accordance to
their believes or culture might not be morally right in general or in
the perspective of other culture people but other people cannot
make any claims it to be right or wrong, this
1. I generally understood egoism as someone character to believe only in its own emotions to do
something. It has two branches, descriptive and normative. In this chapter I understand different
kinds of egoism. I will be able to describe how egoism
Accnt Chapter 3 Interactive Presentation
The value of information is often linked to its timeliness. Useful information must reach decision makers frequently and
promptly. To provide timely information, accounting systems prepare reports at regular interv
Accnt CH2 Interactive Presentation
Examples of transactions
1.Which of the following is not a step in processing accounting transactions?
Preparing financial operating budgets
Preparing purchase requisitions
Negotiating sales contracts
wiL62279_CA_CA-CA1.indd Page 2 22/08/14 5:34 PM f-500
Chart of Accounts
Following is a typical chart of accounts, which is used in several assignments. Each company has its own unique set of acc
Principles of internal control
Maintain adequate records.
Insure assets and bond key employees.
Separate recordkeeping from custody of assets.
Divide responsibility for related transactions.
Apply technological cont
Available for Sale
Cost of Goods Available for Sale
Transaction General Journal
(a) Dec.31 Supplies Expense
To record supplies used ( 13,400+ 4,000- 2,554)
To record expired i
July-01 Merchandise inventory
Accounts payable- Bolden
To record credit purchase.
Jul-02 Accounts receivable- Creek Co.
Sold merchandise on credit.
Jul-02 Cost of goods sold
Test 2- Chapter 10 Study Guide- Acct 2123- Carol Knapp
Direct Materiais Variance ChartAQxAP
I Materials Price
Direct Labor _/_ionce ChartARxAH
Name: ‘ Date:
Use the following to answer question 1:
Barnes Corporation‘s income statement for last year appears below:
Direct labor (vaIiahle). 150,000
Variable overhead . . 75,000
Fixed overuse.“ m
Use the following to answer question 1:
Home Company will open a new store on January 1. Based on experience from its other retail
outlets, Homo Company is making the following sales projections:
Cash Safes Credit Soles
January $60,000 $40,000
Spring 2010, Exam 2
Overhead allocation based solely on a measure of volume such as direct labo
._ WWW MW
B. is a key aspect of the activity-based costing model.
C. must be used for external ﬁnancial reporting.
® will syste
Worksheet 4: Confidence Intervals & Sample Size Determination
Which of the following changes would cause a confidence interval for the population mean to be narrower?
A larger probability content and a larger variance
A smaller sample si
Topics List for Statistics Departmental Exam
Below is a list of topics to be covered on summative department exam given at the end of the semester. A good way to
ensure that you are prepared to answer all the questions is to create an outline for each cha
Study guide for Statistics Departmental Exam
Below is a list of topics to be covered on summative department exam given at the end of the semester.
A good way to ensure that you are prepared to answer all the questions is to create an outline for each
Professor Price got either food poison or just a stomach bug, and will not make it to class or office hours on
Dont forget that your exam will be next class, but if you are taking it in the testing center, then please e-mail me
ASAP at [email protected]
Practice Final Exam: Material from Exams 1, 2, and 3, and Linear Regression
There is no multiple choice on the actual final, but there are some practice to help with concepts.
Questions 1 4 refer to the following.
A survey of 10 students was taken and the
Practice Exam 3 Confidence Intervals and Hypothesis Testing
A sample is taken of 61 German Shepherds. The sample mean of hair shed in one year is 5 pounds. The population
standard deviation is 2 pounds. Construct an 80% interval for the population mean