BUS 506 Fall 2015 Test 2 Study Guide
1. Be able to calculate the Average price issued for Common Stock using the amounts available on the
Balance sheet. This will include the Common Stock and the Additional Paid in Capital.
For example, assume you purcha
90 minutes, 60/40 mix of 25 multiple choice questions@ 2.5 points each and 4 or 5
multi- part problems similar to the exercises loaded in Moodle, the problems I tagged at
the end of each chapter in Upcoming Class(es), and the Test Your Understandin
CH 1-15(not 14) Final Exam Study Guide
Know what an auditors opinion on an entity's financial statements is.
Does the SEC issue Accounting Standards?
Yes, in the form of Financial Reporting Releases (FRRs)
What is the FASB ? What is