BUSN1009 Quantitative methods Tutorial 2
Q1. The following are fourteen responses to a graduate survey on the salaries offered to Bachelor of
Business graduates (in $ thous).
STUDENT ID: 2181657
Question 1. The number of cars that went through a car wash of a petrol station in the morning
over a seven-day period is as follows:
Note Green = My answer
60 30 90 60 70 50 10
Ascending Order = 10 30 50 60
BUSN1009 Quantitative methods Tutorial 4
1. The number of car radios sold each week by a large company has been recorded for the past
100 weeks. No radios have been sold in 3 of the weeks. One radio has been sold in 20 of the
weeks. Two radios in 50 of th
1 A) Cash basis of accounting revenue is recognised when cash is received and in the
Accrual Based accounting revenue is recognised when service or good is provided to
2 Supplies are usually recorded in an asset account because they are
BUSN1009 Quantitative methods Tutorial 1
a) A manufacturer of mint lollies claims that less than 10% of his product is defective. When 1,000
lollies were drawn from a large production run, 7.5% were found to be defective. What is: the
population of in
BUSN1001 Accounting Principles
6. Example of Transaction that results in
A) Buying equipment on credit.
B) Selling Equipment for Cash
C) Investment or earning income
D) Pay cash for debt
E) Owner withdrawing cash or expenses
F) Part payment / half credit,
BUSN1009 Quantitative methods
Q1. With each purchase of a large pizza at Tonys Pizza, the customer receives a coupon that can be
scratched to see if one prize will be awarded. The chance of winning a free soft drink is 1 in 10,
and the chance o
BUSN 1019 Law for Business, Semester 2 2017
Tutorial 2, Week 3.
Topic: Introduction to the Court System and Legal Problem Solving
Develop an appreciation of the doctrine of separation of powers
Understand the importance of the doctrine o
BUSN 1019 Law for Business, Semester 2 2017
Tutorial 3, Week 4.
Topic: Introduction to Legal Concepts: Property in Context+ Introduction to Contracts
1. Explain the main types of property and be able to categorise things into each category.
BUSN1009 Quantitative Methods
(Due date: Sunday, 27 August 2017, at 11.59pm midnight)
Note: Completed work can be submitted either as a PAIR or INDIVIDUAL submission. Your work
must be typewritten and submitted on FLO. When submitting your work
Please note that the objective of this sample exam paper is for you to accustom yourself with the
format and style of questions that may be examined in the final (and supplementary, if applicable)
exams. This may help you with the timing of your answers.
CHAPTER 18 & 19 SHARES & SHAREHOLDINGS PT 2
This chapter looks at how a company must control its on share capital. The main areas are;
Reduction of capital (Pt2J 1)
Companies acquiring or controlling its own shares. (Pt2J 1)
Companies giving financial ass
Chapter 10 - Meetings
Key features of the board meeting PG.209
Board Meetings -Board meetings are when the directors come together.
For a meeting to have taken place there must be evidence of notice to the meeting as well as written
evidence of any action
CHAPTER 9 - MEMBERSHIP
Generally members are shareholders of a company.
Every company must have at least one share holder. S 113
A proprietary must have a maximum of 50 members.
A company can be a shareholder of another company however there are restricti
CHAPTER 12 DIRECTORS DUTIES GOOD FAITH AND PROPER PURPOSE
The duties of good faith are owed to the company and not the individuals.
The duty to act in good faith for the interest of the company is perceived by what the directors is
best for the company, n
CHAPTER 11 DIRECTORS DUTIES, DUTY OF CARE, SKILL & DILIGENCE
Directors duties fall into three broad categories;
The duties of care, skill and diligence. S 180, S 588G
The duties of good faith and proper purpose
The duties to avoid conflicts of interest an
CHAPTER 13 Directors duties, Conflict of interest
Public listed companies must comply with the disclosure obligations in the ASX corporate
governance principles and recommendations with 2010 amendments.
Companies are encouraged to by industry associations
The companys financial reports are constructed so that members, creditors or potential investors
can have access to accurate information about the companys financial position.
The companys financial reports have to comply with;
The Corporations Act
Chapter 14 Members rights & Remedies
The object of members remedies is to protect members (especially minority members) from the
abuse at the hands of the controllers of the company, whether they are directors or the majority of
CHAPTER 19 - DIVIDENDS
Pt 2. H.5 of the Corps Act involves dividends. And the rules governing the procedure for the payment
of dividends can be found in a companys internal rules.
Dividends are usually paid in cash, although they can be paid in other form
CHAPTER 16 SHARE CAPITAL
The capital of a company is made up of equity and debt, it is expressed as a ratio called gearing.
Equity is the amount available to members of the company after all liabilities have been paid.
A company limited by shares obtains
A. A plant manager recently made the following statement at a team
No bean counter knows enough about my responsibilities to be of any
use to me. As I see it, our accountants may be needed to keep records
for shareholders and the Austr
Greenheaters Pty Ltd
TAX INVOICE / DATE: DD/MM/YYYY
Use this space for comments to your client.
Price Per Unit
Tax - 0%
Section 2, Activity 11
The team of people you would need for this project should include:
- HR Department
- Finance Department
- Head Management
- Current staff supervisors
By actively encouraging people to have input, the project manager is able to foste