Chapter 02 Student Revision Quiz 1. According to Australian Accounting Standards (AAS), assets are carried on the financial statements at the higher of current market value or historical cost. | True | | False | The Australian Accounting Standards state the assets are to be 'carried on the books ' (recorded) at what the firm paid for them. 2. Suppose KLM Inc. just received a patent on a new anti-cholesterol drug. This patent is an intangible fixed asset. | True | | False |
Quiz Chapter 1 1. What is data? What is information? (p.10) Data are facts, which may or may not be processed and have no direct effect on a user’s actions. Information causes the user to take an action that he or she otherwise could not, or would not have taken. 2. List tasks of database management. (p.12) Three database management tasks are data storage, data retrieval, and data deletion. 3. What services could not public accountings provide with their audit clients? (p.22) There are:
young experts and sport administration understudies get to be pioneers in various regions of sports. Dockweiler, S. (2014, August 2). Https://www.themuse.com/advice/the-most-useful-personality- quiz-youll-take-this-week. Retrieved September 25, 2016, from http://time.com/3074037/personality-quiz/ This quiz by Dockweiler will not only help you to discover traits about yourself that you may have not noticed before, but its an actual eye opener and he has some great ideas that may be beneficial in the
Imagine being a student at EJMHS having college classes to be attractive to other colleges. These classes take up students after school time. For students to do all of their homework, and study for tests and quizzes is difficult because they have no time. There is a pressure for students to take upper level classes and that means more homework and not enough time to work on all of it. This problem is grievous. As a student, can say that I have times where I struggle with the amount of homework
Name: ________________________ Class: ___________________ Date: __________ Quiz 7 1) Which of the following involves significant financial investments in projects to develop new products, expand production capacity, or remodel current production facilities? A) capital budgeting B) working capital C) master budgeting D) project-cost budgeting Answer: A Diff: 1 Terms: capital budgeting Objective: 1 AACSB: Reflective thinking 2) The two factors capital budgeting emphasizes are:
Acct Quiz week 7 1. Which of the following might cause a materials variance? Failing to take purchase discounts. Using a better grade of raw material. Changes in the market supply for the raw materials. All of the above. 2. What is the term that describes the rate companies frequently use to apply fixed overhead costs to units produced? Predetermined overhead rate. 3. Activity-based costing is commonly used with standard costing. Using more activity drivers increases the potential
means that it is imperative to do well when it comes to the “easy points” – that is the lecture participation, section participation, and chapter quizzes. These are some of the things that worked best for me in ensuring a high grade: Attending every quiz section and lecture section is important, since
On the surface level, all the games presented for this assignment are directly applicable to the everyday lives that the student gamers or their parents and guardians are exposed at school or in life. While some of the games were developed to be more deliberate in their approach to reach certain content or social agenda, these games could easily be incorporated into school curricula if planned carefully. In fact, a couple of games in this week’s offerings could be a more than relevant supplement
When implemented technology properly, the tech can produce substantial gains in student achievement and increase engagement among students most at risk. Replacing teachers with technology is not a successful formula. Instead, strong gains in achievement occur by pairing technology with classroom teachers who provide real-time support and encouragement to underserved students. Technology has made a positive difference in the learning outcomes of students at risk of failing courses and dropping out
Education has and always been all about learning through textbooks and in-person lectures from school rather than using technologies to teach. For example, most schools located in the rural areas are still using the traditional way of teaching to deliver the materials to the students. In fact, most of the public high schools in the urban are not even aware of the existence of high-end technologies out there like the virtual reality, 3-Dimensional simulators, or even touchscreen devices. Students