Unit 4 Answers

In: Business and Management

Submitted By ob1ab
Words 10563
Pages 43
CHAPTER 4
Balance Sheet
ASSIGNMENT CLASSIFICATION TABLE
Topics 1. Disclosure principles, uses of the balance sheet, financial flexibility. Classification of items in the balance sheet and other financial statements. Preparation of balance sheet; issues of format, terminology, and valuation. Subsequent events. Questions 1, 2, 3, 5, 6, 7, 10, 18, 21, 24, 25 11, 12, 13, 14, 15, 16, 18, 19 4, 7, 8, 9, 16, 17, 20, 23, 26 Brief Exercises 1 Exercises Problems Cases 4, 5, 6

2.

1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11

1, 2, 3, 6, 7, 8, 9, 10

1, 2, 3

3.

4, 5, 6, 7, 11, 12

1, 2, 3, 4, 5

3, 4, 5

4.

22

13, 14

6

7

4-1

ASSIGNMENT CHARACTERISTICS TABLE
Item E4-1 E4-2 E4-3 E4-4 E4-5 E4-6 E4-7 E4-8 E4-9 E4-10 E4-11 E4-12 E4-13 E4-14 P4-1 P4-2 P4-3 P4-4 P4-5 P4-6 C4-1 C4-2 C4-3 C4-4 C4-5 C4-6 C4-7 Description Balance sheet classifications. Classification of balance sheet accounts. Classification of balance sheet accounts. Preparation of a classified balance sheet. Preparation of a corrected balance sheet. Correction of a balance sheet. Current asset section of the balance sheet. Current vs. long-term liabilities. Current assets and current liabilities. Current liabilities. Preparation of a balance sheet. Preparation of a balance sheet. Subsequent events. Subsequent events. Preparation of a classified balance sheet—periodic inventory. Balance sheet preparation. Balance sheet adjustment and preparation. Preparation of a corrected balance sheet. Balance sheet adjustment and preparation. Corrected balance sheet—subsequent events. Reporting for financial effects of varied transactions. Current asset and liability classification. Identifying balance sheet deficiencies. Critique of balance sheet format and content. Identifying balance sheet deficiencies. Reporting Property, Plant, and Equipment. Subsequent events. Level of Difficulty Simple Simple…...

Similar Documents

Unit 4

...UNIT 3 INDIVIDUAL PROJECT PHIL201-Introduction to Philosophy by Kendra M Hutchins AIU Online 11-25-2012 Because philosophy is so important in our society, we have to study also the logical errors that will occur. Upon research of fallacies, I have learned they are statements or ideas that may sound reasonable or sketchily true but are actually weak or dishonest. If there is any error in an idea, than a logical fallacy is apparent. Depending on how the fallacy is formed or what it is geared around, determines the type of fallacy the argument or idea is. These come up in the philosophy world very often. This is why philosophers have different categories for them. Depending on how the error comes about determines the type of fallacy it is. Mere Assertion is an argument that lacks factual support. It’s merely an opinion that is formed more so by belief then logical evidence. For example, Robert is a vampire; I can feel his cold blood when I touch him. This argument has no real logic behind it, only reasoning that makes sense to the person stating it. Because this statement is not backed by facts of Robert being a vampire, then it is a mere assertion. With not giving enough information in an argument, this can cause confusion. Robert could just have cold blood, that does not mean he is indeed a vampire. Circular Reasoning is an argument that aids support to a statement by repeating itself in a bolder definition. For example, I am human because my mother is human and......

Words: 1168 - Pages: 5

Unit 4

...William Findley Unit 4 Short answer 1. How do modules help you reuse code in a program? MODULES ALSO REDUCE THE DUPLICATION OF CODE WITHIN A PROGRAM..THIS BENEFIT OF USING MODULES IS KNOWN AS code reuse BECAUSE YOU ARE WRITING THE CODE TO PERFORM A TASK ONCE AND THEN REUSING IT EACH TIME YOU NEED TO PERFORM A TASK. 2. Name and describe the two parts that a module definition has in most languags. A header and a body. Header indicates starting point, and the body is a list of statements. 3. When a module is executing, what happens when the end of the module is reached? It’s executed and returned back to the point in main program where it was sidetracked from. 4. What is a local variable? What statement are able to access a local variable? A variable declared inside a local module, only statement within a module 5. In most languages, where does a local variable’s scope begin and end? Begins at the variables declaration within a module and ends at the end of the module in which the variable is declared. 6. What is the difference between passing an argument by value and passing it by reference? By value only a copy of the argument’s value is passed. By reference its passed into a special modification parameter. 7. Why do global variables make a program difficult to debug? Because global is used throughout all modules and hard to track. Algorithm Workbench Review 1, 5, 6, 7 #1 Design a module named timesTen. The module should accept an Integer...

Words: 707 - Pages: 3

Unit 4

...Unit 4 Assignment 1 1. Read the following article Agans, R., & Shaffer, L. (1994). The hindsight bias: The role of the availability heuristic and perceived risk. Basic and Applied Social Psychology, 15(4), 439-449. “ This article can be located by using the Kaplan Online Library article search feature. Click here to access the Kaplan Library. You may also access the Kaplan Library by following these instructions: 1. Click the Academic Tools tab 2. Click Online Library. 3. Log in to your account 2. Read the narrative for Exercise 11-38 – found on page 459 in your textbook. Assume that you are a business consultant hired to advise Earth Baby, Inc. (EBI) on the proposed venture from Great Deal, Inc. (GDI). Your task is to analyze the proposal and make a recommendation to either accept or reject it. Your analysis must include critical thinking and analysis supported by evidence using independent references. Your analysis must also include any biases that might be relevant to the proposal. The analysis must be Word document, 2 to 2 and ½ pages long, not including the Title Page and Reference List. The analysis must be presented in proper APA, 6th Edition formatting, including a Title Page with properly formatted Running head. A “Conclusion” section is also 11-38 Special Order Earth Baby Inc. (EBI) recently celebrated its tenth anniversary. The company produces organic baby products for health-conscious parents. These products......

Words: 969 - Pages: 4

Unit 4

...6/25/2013 6/25/2013 Table of Content 1. Introduction………………………………………………………………..…………………………..p2 2. Different types of business communication………………………………..…….…….p3 3. Research……………………………………………………………………………………….…………p13 4. Evaluation of external communication………………………...…………………………p39 5. Issues involving Business communication………………..……………………………..p44 6. Electronic Communication………………………………………………………………………p49 Attachments * Filled in Questionnaires * Sales Letter * Terms & Conditions – Scotch & Soda * Leaflet * Promotion Poster Introduction Welcome to my unit, In this unit I’m going to discuss Business Communication, there’s a lot of different kind of communication. The company I’ve used in this unit is Scotch & Soda, Scotch & Soda is a Dutch brand created since 1985. The company does not believe in target groups, but just does his best to keep it simple. They want to create products that look good, good quality and also contemporary and affordable. The clothing must do according to the word Scotch & Soda. Scotch & Soda currently consists of 3 lines; Scotch & Soda for men, for women Maison Scotch and Scotch Shrunk for young boys. From January 2011 there will also be a line for young girls launched called Scotch R'Belle. The Dutch brand now distributes to 31 countries worldwide. Scotch & Soda is a unique concept and that radiates the store too. It is a true experience, the recognizable......

Words: 7875 - Pages: 32

Unit 4

...BTEC NATIONAL DIPLOMA IN BUSINESS Marketing Principles Report: marketing process introduction: Marketing process The process of (1) analyzing marketing opportunities; (2) selecting target markets; (3) developing the marketing mix; and (4) managing the marketing effort. Marketing strategy The marketing logic by which the business unit hopes to achieve its marketing objectives. Marketing research The systematic design, collection, analysis, and reporting of data relevant to a specific marketing situation facing an organization. Introduction This discusses the details of marketing principles and this assignment has considered Coca cola, a company which is in the soft drinks industry as the base. This includes evaluation of benefits and costs of a company being market oriented and the deviation from its core activities. Further this discusses the micro and macro factors that affect Coca cola and how the marketing decisions should be taken considering these factors. The segmentation aspect which is adopted in Coca cola is discussed here. And effective strategies adopted in a company lead the company to achieve competitive advantage is been highlighted in this assignment. Further Targeting strategies, buyer behaviours that impact Coca cola is been discussed along with proposition for new positioning of the beverages of Coca cola. The distribution also plays a major part in a company’s marketing activities.......

Words: 369 - Pages: 2

Unit 4

...Unit 4 Assignment: Problem 1 & 2 Name: - Sydney Gerald Course Number: - AB224 Section Number: - 04 Unit Number: - 4 Date: - March 21st 2014 Problem 1 Suppose that the U.S. Department of Agriculture (USDA) administers the price floor for cheese, set at $0.17 per pound of cheese. (In real life, the actual price floor was officially set at $16.10 per hundredweight of cheese. One hundredweight is 100 pounds.) At that price, according to data from the USDA, the quantity of cheese produced in 2009 by U.S. producers was 212.5 billion pounds, and the quantity demanded was 211 billion pounds. To support the price of cheese at the price floor, the USDA had to buy up 1.5 billion pounds of cheese. The accompanying diagram shows supply and demand curves illustrating the market for cheese. [pic] a. In the absence of a price floor, the maximum price that a few of the consumers are willing to pay is $0.20 for a pound of cheese whereas the market equilibrium price is $0.13 per pound. The graph also shows that the minimum price at which a few of the producers are willing to sell is $0.06 per pound. In the absence of a price floor, how much consumer surplus is created? b. How much producer surplus? c. What is the total surplus d. The maximum price that a few of the consumers are willing to pay is $0.20 per pound of cheese, and the price floor is set at $0.17 per pound. With the price floor at $0.17 per pound of cheese, consumers......

Words: 881 - Pages: 4

Unit 4

...Deborah Rodriguez April 22, 2014 Social Security & Disability Seminar Assignment Unit 4 In unit four, we learned about the attorney fees that came up with our assignment. There are two main sources of attorney’s fees in Social Security cases. Most awards by far are paid by the claimant, usually out of past-due benefits. Another source of fees is the Equal Access to Justice Act (EAJA), a federal fee-shifting statute. For the most part, attorney’s fees for OASDI and SSI claims are governed by the same or similar rules. Many of the same rules apply also to non-attorney representatives. Attorney’s fees paid out of the claimant’s benefits are regulated by statute and regulations. Fees for claims resolved within SSA are authorized at the administrative level where the final decision is reached. Thus, administrative law judges approve fees in cases where a favorable hearing decision was issued, and the Appeals Council authorizes fees in cases decided finally only by the Appeals Council. The representative must file a request for fees in writing, which must include a list of services performed, the amount of the fee, and any expenses incurred. SSA considers a number of factors when evaluating a representative’s request for fees, including the type and amount of services performed, the difficulty of the case (including the skill required of the representative), and the results achieved. Although the amount of benefits received is taken into consideration, it does...

Words: 344 - Pages: 2

Pt1420 Unit 4 Short Answer

...1. How do modules help you to reuse code in a program? A module can be written once to perform an operation and then be executed any time it is needed. 2. Name and describe the two parts that a module definition has in most languages. The two parts of a module definition are the header and a body. The header show the starting point of the module. The body is a list of statements that belong to the module. 3. When a module is executing, what happens when the end of the module is reached? When the end of the module is reached the computer jumps back to the part of the program that called the module, and the program resumes execution from that point. 4. What is a local variable? What statements are able to access a local variable? A local variable belongs to a module in which it is declared and only statements inside that module can access the variable. 5. In most languages, where does a local variable’s scope begin and end? The local variable’s scope begins at the variable’s declaration and ends at the end of the module in which the variable is declared. 6. What is the difference between passing an argument by value and passing it by reference? Passing an argument by value means that only a copy of the argument’s value is passed into the parameter variable. Passing an argument by reference means that the argument is passed into a special type of parameter known as a reference variable. 7. Why do global variables make a program difficult to debug? A global variable...

Words: 324 - Pages: 2

Unit 4

...------------------------------------------------- BU224 Unit 4 Assignment Template: Name: - J’Nique J. Bryan Course Number: - BU224 Section Number: - 03 Unit Number: - 4 Date: - March 13, 2014 ---------------------------------- General Instructions for all Assignments----------------------------------- 1. Unless specified differently by your course instructor, save this assignment template to your computer with the following file naming format: Course number_section number_LAST_FIRST_ unit number 2. At the top of the template, insert the appropriate information: Your Name, Course Number, Section Number and Date 3. Insert your answers below, or in the appropriate space provided for in the question. Your answers should follow the APA format with citations to your sources and, at the bottom of your last page, a list of references. Your answers should also be in Standard English with correct spelling, punctuation, grammar, and style (double spaced, in Times New Roman, 12-point, black font). Respond to questions in a thorough manner, providing specific examples of concepts, topics, definitions, and other elements asked for in the questions. 4. Provide a list of references at the end of the last page of your assignment. 5. Upload the completed assignment to the appropriate dropbox. 6. Any questions about the assignment, or format questions, should be directed to your course instructor. ------------------------------------------- Career......

Words: 1089 - Pages: 5

Unit 4 Activity 1 Itt Tech Short Answer 1-7

...Short Answer 1-7 on page 111 How do modules help you to reuse code in a program? Because you are writing a code to perform a specific task Name and describe the two parts that a module definition has in most languages. Heather and body When a module is executing, what happens when the end of the module is reached? When the end is reached, the computers go back to the part of the program that called the module and the program resume execution. What is a local variable? What statements are able to access a local variable? The Module can only call on a local variable. Statement made inside the same module can call on a local variable In most languages, where does a local variable’s scope begin and end? Star from where the variables is defined and runs to the end on the block in which it is defined. What is the difference between passing an argument by value and passing it by reference? Passing an argument by value means that only a copy of the argument’s value is passed into the parameter variable. Passing an argument by reference means that the argument is passed into a special type of parameter known as a reference variable. Why do global variables make a program difficult to debug? Global variables make a program difficult to debug because any statement in a program file can change the value of a global variable. If you find that the wrong value is being stored in a global variable, you have to track down every statement that......

Words: 276 - Pages: 2

Unit 4

...u04a1 Worksheet Name: _Vanessa Mitchell______________________ Provide answers in complete sentences. Be sure to include, in your answers, several of the key terms and concepts from your reading in this unit. 1. Identify the group type. Focus group- are collections of individuals who are familiar with a problem or issue and are asked in a somewhat unstructured format to describe the issue and any recommendations they might have. 2. Using the worksheet on page 213 of your text, identify the formal roles and group communication roles of the group members. There were 6 group members in this focus group, Kia the clarifier, initiator and tension reliever, Chung the attacker, Traci the clown, never takes anything seriously, Tamika the social supporter, compromiser and opinion giver, Yolanda the follower and Diana the information giver. 3. Identify and describe the stages the group has experienced. Refer to the “Team Effectiveness article. We experienced the storming, norming and performing stage. In the beginning it was only arguments, yelling and pointing fingers. No one wanted to listen to the other but everybody wanted to plea their case. We progressed to the norming stage where we were able to speak to each accordingly, and discuss the issue at hand which was the student and ways to help him and not about the teachers. They finally progressed to the performing stage, they worked together on issues that......

Words: 424 - Pages: 2

Unit 4

...assignments, borrowing books for their courses and borrow an ipad to do their work. | The purpose for of the Study Hub is help students with their studies in the college instead of doing their work at home. | Picture G | Written | Timetable | A timetable is a written document for the students can referrer to so they can see what lessons they have got in the week. | The purpose for a timetable is to help students to get to lessons and know tutor you have got. | Picture B | Written | Assignment | An assignment is a written document to give instructions to the student to do a specific task for example to achieve P1, P2, M2 , D2 | The purpose for an assignment is help to student to achieve the unit that has been given to them and also they can achieve with their final grade for that specific unit | Picture F | On Screen | PowerPoint | A PowerPoint offers students and tutors an opportunity to prosade in front of the class or in front of a group of students, also put pictures that are fit for purpose. | The purpose for a PowerPoint is to help students with their assignments and learn more about the college. | Picture A | On Screen | TV slides show | TV slides show will allow students know important information about the college for example enrolment and the opening times of the student hub. | The purpose of a TV slides show to show students and tutors what is going on in the college. | Picture H | Multimedia | Smart board | A smart board will allow students to do......

Words: 1895 - Pages: 8

Ged 260 Unit 4 Examination Answers

...GED 260 Unit 4 Examination Answers Follow Below Link to Download Tutorial http://homeworklance.com/downloads/ged-260-unit-4-examination-answers/ For More Information Visit Our Website ( http://homeworklance.com/ ) Email us At: Support@homeworklance.com or lancehomework@gmail.com 1) Early definitions of white-collar crime focused on the 1. A) the work environment. 2. B) nature of the crime. 3. C) the violator involved. 4. D) All of the above 2) According to Braithwaite, the central explanatory variable in all criminalactivity is 1. A) self-control. 2. B) learning. 3. C) inequality. 4. D) social class. 3) Which of the following is not an example of a structural reform to addresswhite-collar crime? 1. A) Changing the process by which corporations are chartered to include controlover white collar crime 2. B) Increasing the funding for enforcement agencies that deal with white-collarcrime. 3. C) Adding members of the public to corporate boards of directors 4. D) Enhancing the flow of information among businesses, the public, and administrative bodies 4) Prohibition was repealed by passage of the __________ Amendment to theU.S. Constitution. 1. A) Twenty-first 2. B) Eighteenth 3. C) Twenty-fourth 4. D) Tenth 5) The St. Valentine’s Day massacre established Al Capone as the undisputedruler of organized crime in 1. A) Boston. 2. B) New York. 3. C) the United States. 4. D) Chicago. 6) In 1951, the Senate-sponsored __________......

Words: 909 - Pages: 4

Ged 260 Unit 4 Examination Answers

...GED 260 Unit 4 Examination Answers Follow Below Link to Download Tutorial http://homeworklance.com/downloads/ged-260-unit-4-examination-answers/ For More Information Visit Our Website ( http://homeworklance.com/ ) Email us At: Support@homeworklance.com or lancehomework@gmail.com 1) Early definitions of white-collar crime focused on the 1. A) the work environment. 2. B) nature of the crime. 3. C) the violator involved. 4. D) All of the above 2) According to Braithwaite, the central explanatory variable in all criminalactivity is 1. A) self-control. 2. B) learning. 3. C) inequality. 4. D) social class. 3) Which of the following is not an example of a structural reform to addresswhite-collar crime? 1. A) Changing the process by which corporations are chartered to include controlover white collar crime 2. B) Increasing the funding for enforcement agencies that deal with white-collarcrime. 3. C) Adding members of the public to corporate boards of directors 4. D) Enhancing the flow of information among businesses, the public, and administrative bodies 4) Prohibition was repealed by passage of the __________ Amendment to theU.S. Constitution. 1. A) Twenty-first 2. B) Eighteenth 3. C) Twenty-fourth 4. D) Tenth 5) The St. Valentine’s Day massacre established Al Capone as the undisputedruler of organized crime in 1. A) Boston. 2. B) New York. 3. C) the United States. 4. D) Chicago. 6) In 1951, the Senate-sponsored __________...

Words: 909 - Pages: 4

Ged 260 Unit 4 Examination Answers

...GED 260 Unit 4 Examination Answers Follow Below Link to Download Tutorial http://homeworklance.com/downloads/ged-260-unit-4-examination-answers/ For More Information Visit Our Website ( http://homeworklance.com/ ) Email us At: Support@homeworklance.com or lancehomework@gmail.com 1) Early definitions of white-collar crime focused on the 1. A) the work environment. 2. B) nature of the crime. 3. C) the violator involved. 4. D) All of the above 2) According to Braithwaite, the central explanatory variable in all criminalactivity is 1. A) self-control. 2. B) learning. 3. C) inequality. 4. D) social class. 3) Which of the following is not an example of a structural reform to addresswhite-collar crime? 1. A) Changing the process by which corporations are chartered to include controlover white collar crime 2. B) Increasing the funding for enforcement agencies that deal with white-collarcrime. 3. C) Adding members of the public to corporate boards of directors 4. D) Enhancing the flow of information among businesses, the public, and administrative bodies 4) Prohibition was repealed by passage of the __________ Amendment to theU.S. Constitution. 1. A) Twenty-first 2. B) Eighteenth 3. C) Twenty-fourth 4. D) Tenth 5) The St. Valentine’s Day massacre established Al Capone as the undisputedruler of organized crime in 1. A) Boston. 2. B) New York. 3. C) the United States. 4. D) Chicago. 6) In 1951, the Senate-sponsored __________......

Words: 909 - Pages: 4