Majors Biology II Laboratory (BIOL1406L)
*This schedule is tentative and subject to change with advanced notice from your instructor.
Topic and Assignment Due Dates
Taylor Economics Chapter 30 Test Bank
Multiple Choice Questions
1. If South Dakota's governor reports a budget surplus in 2011, that state
A. received more in taxes than it spent in that year.
B. increased the proportional tax level.
Typical Daily Schedule - AnPham
Order in Day
Brush the teeth/
Wash the Face
Get Ready for School
Frist class done
Find some thing to eat
Chapter 8 Problems
1. At the beginning of 2006, Western Furniture Company planned to produce
35,000 chairs. Each chair was expected to require 10 feet of lumber at a cost of
$3 per foot. At the end of 2006, it was determine
Summer II 2007
Chapter 9 Problems
1. Bilbo Company has a current margin of 6% with operating income of $6,000. What is
the companys turnover, if the company has $50,000 in operating assets?
Turnover = Sales / OA
Margin = OI
1. McMichaels Company has completed its sales budget for the first quarter of 2005.
Projected unit credit sales for this quarter are as follows:
The companys past recor
Benjamin Tools produces a variety of cutting instruments at its
Amarillo manufacturing plant. The plant is highly automated and uses
an ABC system to allocate overhead costs to its various product lines.
The company expects to produce 48,000
Chapter 1 Problems - Solutions
1. Sugars Company makes candy. During the most recent accounting period Sugars
paid $5,000 for raw materials, $6,000 for labor, and $3,000 for overhead costs
that were incurred to make candy. Sugars started and completed 20,
The Art and Science of Marketing Article
For this assignment I would like to touch on the Scion marketing strategy. The article I
read online describes in further detail how they have marketed to Generation Y.
Generation Y is a d
Chapter 2 Problems
1. When volume increases:
a. fixed cost in total increases and fixed cost per unit decreases
b. fixed cost in total remains constant and fixed cost per unit decreases
c. fixed cost in total and fixed cost per unit remain constant
Chapter 5 Problems
Use the following information to answer the next three questions.
Harcourt Marketing (HM) has the capacity to produce 10,000 fax machines per year. HM currently
produces and sells 7,000 units per year. The fax machines normally sell for
Chapter 4 Problems
1. Opelika Products Company operates three production departments
within a single facility. Each department produces its own products and
maintains its own production equipment. Although they share a
Sales collection cycle:
Payroll cycle: involved in paying people
Inventory convergence cycle: creating inventory
Capital acquisition and repayment cycle:
o Financing activities accounts
Longer than 30 day terms (A/P)
1. Fundamental Concepts and Characteristics of Fraud
a. Evaluation of the auditors fraud detection responsibilities
b. Treadway Committee Report findings
c. Who commits fraud and why?
2. The Auditors Responsibility for Detecting and Repo
Standard unqualified audit report:
1. Report title
Should include the word independent
2. Audit report address
Addressed to the company, its stockholders, or the board of directors
3. Introductory paragraph
Indicates that the CPA firm has per
Probabilistic Sample Selection methods statistical sampling requires a probabilistic sample to
measure sampling risk. For probabilistic samples, the auditor uses no judgment about which
sample items are selected, except in choosing which of the
1. Evidential Matters (AU 326)
a. Audit Evidence Concepts
b. Forms of Audit Evidence
2. Audit Documentation (AU 339)
3. The Four Audit Evidence Accumulation Decisions
a. Which Audit Procedures to Apply
b. What Sample Size to Select
c. When to Pe
Big Four international firms: the four largest CPA firms in the US
o Have offices throughout the US and the world
o Audit nearly all of the largest companies both in the US and worldwide and many
smaller companies as well
National firms: four CP
Chapter 6 (Shortened)
Cycle approach: keeping closely related types (or classes) of transactions and account balances in
the same segment
o A common way to divide an audit
o EX: sales, sales returns, cash receipts, and charge-offs of uncollectible account
Managements responsibilities: adopting sound accounting policies, maintaining adequate
internal control, and making fair representation of the FS
o Obtaining reasonable assurance that materiality threshold has been sat
Auditing: the accumulation and evaluation of evidence about information to determine and
report on the degree of correspondence between the information and established criteria
o Should be done by a competent, independent person
To do an audit,
Chapters 1 &2
Financial statement audits:
Compliance audits: done by internal auditors
o Verify all controls comply to all standards and controls that were established
o EX: Getting something signed in the first place
Operational audit: going in
ACCOUNTING QUIZ 1
Which of the following would not be needed to determine net cash
provided by operating activities?
be deducted from net income in the operating section.
On the statement of cash flows using the indirect method, patent
Accounting Exam III Answers
Unearned Rent Revenue is
a contra account to Rent Revenue.
a revenue account.
reported as a current liability.
debited when rent is received in advance.
Crawford Company has total proceeds (before s
1. The income statement for the month of June, 2013 of Camera Obscura Enterprises contains the
The entry to close the expense accounts includes a
debit to Income Summary for $1,800.
credit to Rent Expense for $1,000.
only the balance sheet.
only the income statement.
both the balance sheet and the income statement.
neither the balance sheet nor the income statement.
The factor which determines whether or not goods should
Recording Transactions Affecting the Enterprise Fund and Business-Type Activities
Governmental funds owe their existence to legal constraints placed on the raising of revenues
and the use of resources. In contrast to the governmental funds, prop
Chapter 9 Reporting Results
Chapters 1 and 2 provide overviews of Governmental Accounting Standards Board (GASB)
financial reporting requirements, and financial reporting requirements for specific fund types.
Chapters 2 through 8 present extended discussi
Chapter 6 Transactions Affecting General Long-Term Liabilities and Debt Service
The use of long-term debt is a traditional part of the fiscal policy of state and local governments,
particularly for financing the acquisition of general capital assets. Alth