WQQ) 3 \EU
24. (6 points) The following was determined, in a survey of 150 students and their eating habits:
80 students liked pizza 3: VKP); C5
73 students liked tacos -; vs \T) $1 3
68 students like
(2 points each)
1- ~10
1? V 2?
is an example of: T S:
(a) A Converse P T
(b) A Contrapositive
(c) A Logical Equivalence
(d) None of these
(e diction
f) A ATautology
(a) Tautology
(b) Cilliidiction
The
Determine whether the pair of statements is (a) Logically equivalent, or (b) Not logically
equivalent ,
W
8. an; a P)and(P /\ ;Q)
70
9. AP 9 Q'and u(P/\ Q)/\ (PVQ)
P r F
_ For problems 10 through 12
31. (5 points) Complete the following truth table:
P am ~11) .R we) www.
T v T r r
T c w 1 1'" r
T II: it 1 r r
r T T ,
r i v v" t 5
F T 1 r a
F v <~
F F F T 1- V~ T i:
32.
, . _ w: wt, K x X
Use the followmg InformatIon for problems 18 and 19: U = cfw_1, 2, 3, 4, 5, 6, 7, 8, 9, 10, X = cfw_1, 3,
5, 7, 9, Y 2 cfw_3, 4,1. g, and z = (6.3.8.9.10.
18. Determine (YZ) n x )4?
Math M118 Summer 2011 Test #la Name
(Please print first and last clearly)
Questions 1-14 are worth 2 points each; questions 15-23 are worth 3 points each.
Write answers to questions 123 on this cover
27. (3 points)
Shade in (A B) U (B A) in the Venn Diagram below.
28. (4 points)
Write a statement which could replace * in the following truth table:
7Z7
QVEC
29. (3 points) Given MA - B): 19, n(A)=
Question R: A student inherits 20,000 that he would like to invest in the stock market. He is
considering whether to open an on-line share-trading account or invest in a professionally managed
equity
V2: Consolidation of shares as a form of investment for a student
Merits
Freedom. The student will be able to decide exactly when and where to invest and cash out,
this is one of the main advantages.
Script
The following assumptions need to be made in order to answer our question. The
person who is investing is a student in the age range of 18 to 21 and he has a
student loan to support his living
CHAPTER 8
Valuation of Inventories: A Cost-Basis Approach
SOLUTIONS TO EXERCISES
EXERCISE 8-1
Items 2, 3, 5, 8, 10, 13, 14, 16, and 17 would be reported as inventory
in the financial statements.
The f
The single-step income statement emphasizes
the gross profit figure.
extraordinary items and accounting changes more than these are emphasized in the multiplestep income statement.
the various compone
CHAPTER 1
FINANCIAL ACCOUNTING AND
ACCOUNTING STANDARDS
MULTIPLE CHOICEConceptual
Answer
d
d
a
d
d
c
c
b
c
c
d
d
d
a
b
b
b
c
d
b
c
c
d
d
d
d
d
d
a
c
No.
Description
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
E5-2 (Classification of Balance Sheet Accounts) Presented below are the captions of Faulk Companys
balance sheet.
(a) Current assets.
= 6. Equity investments (trading). + 9. Allowance for doubtful acc
21.
22.
23.
24.
25.
S
26.
S
27.
P
28.
29.
30.
Which of the following is a limitation of the balance sheet?
a. Many items that are of financial value are omitted.
b. Judgments and estimates are used.
c
Computerized Accounting With
PEACHTREE COMPLETE ACCOUNTING 2012
CHAPTER 4 QUIZ
TRUE/FALSE MULTIPLE CHOICE QUESTIONS:
1.
The total of the balances of the individual accounts in the subsidiary ledger mu
Computerized Accounting With
PEACHTREE COMPLETE ACCOUNTING 2012
CHAPTER 5 QUIZ
TRUE/FALSE MULTIPLE CHOICE QUESTIONS:
1
Businesses or individuals to which a company owes money to are known as
which of
CHAPTER 10 ACCOUNTING HOMEOWORK
QUESTION 1
1.
All of the following are true except
A favorable labor efficiency variance could result from using higher quality
materials that result in fewer inspectio
1.
TMA Grade Distribution:
Content
Bahrain
Criteria
Telecommunications
Company (BATELCO)
Marks
20
Deductions:
Format & Presentation; Referencing;
Word count and E-library
<1 0> each ; in total maximum
1.
QUESTION 1
A production budget is most important for which of the following?
retail stores
manufacturing firms
not-for-profit
agencies
local government
agencies
all of these
ANSWER: B: manufacturin
Financial ratios for the year 2012 of PepsiCo.
1. Profitability Ratio:
(i)
Return on Investment = Net Operating Profit/Capital Employed*100
=9,112/74,638*100
=12.21%
(ii)
Return on Shareholders Fund=
CHAPTER 10
ACQUISITION AND DISPOSITION OF
PROPERTY, PLANT, AND EQUIPMENT
IFRS questions are available at the end of this chapter.
TRUE-FALSEConceptual
Answer
F
T
F
T
F
T
F
F
F
T
T
T
T
F
F
T
T
F
F
T
No
CHAPTER 8
VALUATION OF INVENTORIES:
A COST-BASIS APPROACH
IFRS questions are available at the end of this chapter.
TRUE-FALSEConceptual
Answer
T
F
F
F
T
T
F
T
F
T
T
F
F
T
T
F
F
T
F
T
No.
Description
1
CHAPTER 13
CURRENT LIABILITIES AND CONTINGENCIES
IFRS questions are available at the end of this chapter.
TRUE-FALSEConceptual
Answer
F
F
T
T
F
F
T
F
T
F
T
F
T
F
T
T
F
F
F
T
No.
Description
1.
2.
3.
4