ADM 204348 20Mid 20Term 20Exam 20Fall 2
ADM 4348
MID TERM EXAM
Selected Topics in Financial Accounting
Fall 2012
SOLUTIONS
Student Name: _________________________________
Student #: _____________________________________
Course: (Professor Collier)
Instructions:
1. This examination comprises 4 questions over 16 pages. The last page (page 16) is a page for rough work. Present value tables of an annuity due and an ordinary annuity are attached at the end of the exam. Answer all questions in this booklet. The booklet is not to be removed from the examination room. You may separate the pages but ensure that you put them back together and stapled before handing in.
2. Limit your answer to the space provided. Blank sheets for rough work and supporting calculations are given at the end of each question.
3. This exam is out of 90 marks and is 3 hours long. You should budget approximately 2 minutes per mark.
4. Please do not ask the invigilator or the professor any questions, as they will not be answered. State reasonable assumptions, if you feel they are necessary. Narrative explanations to any journal entries are not required.
5. Language dictionaries (non-electronic) are allowed if the invigilator permits them.
They must be shown to the invigilator before the start of the exam.
6. The use of electronic communication devices such as cell phones is strictly prohibited during the exam.
7. You must sign the Statement of Academic integrity on page 2 of this exam.
Question
Marks
1
Leases
/42
2
Pensions
/18
3
Pensions
/20
4
Segmented and Interim
Financial Reporting
/10
TOTAL
/90
Statement of Academic Integrity
The Telfer School of Management does not condone academic fraud, an act by a student that may result in a false academic evaluation of that student or of another student. Without limiting the generality of this definition, academic fraud occurs when a student commits any of the following offences: plagiarism or cheating of any kind, use of books, notes, mathematical tables, dictionaries or
MID TERM EXAM
Selected Topics in Financial Accounting
Fall 2012
SOLUTIONS
Student Name: _________________________________
Student #: _____________________________________
Course: (Professor Collier)
Instructions:
1. This examination comprises 4 questions over 16 pages. The last page (page 16) is a page for rough work. Present value tables of an annuity due and an ordinary annuity are attached at the end of the exam. Answer all questions in this booklet. The booklet is not to be removed from the examination room. You may separate the pages but ensure that you put them back together and stapled before handing in.
2. Limit your answer to the space provided. Blank sheets for rough work and supporting calculations are given at the end of each question.
3. This exam is out of 90 marks and is 3 hours long. You should budget approximately 2 minutes per mark.
4. Please do not ask the invigilator or the professor any questions, as they will not be answered. State reasonable assumptions, if you feel they are necessary. Narrative explanations to any journal entries are not required.
5. Language dictionaries (non-electronic) are allowed if the invigilator permits them.
They must be shown to the invigilator before the start of the exam.
6. The use of electronic communication devices such as cell phones is strictly prohibited during the exam.
7. You must sign the Statement of Academic integrity on page 2 of this exam.
Question
Marks
1
Leases
/42
2
Pensions
/18
3
Pensions
/20
4
Segmented and Interim
Financial Reporting
/10
TOTAL
/90
Statement of Academic Integrity
The Telfer School of Management does not condone academic fraud, an act by a student that may result in a false academic evaluation of that student or of another student. Without limiting the generality of this definition, academic fraud occurs when a student commits any of the following offences: plagiarism or cheating of any kind, use of books, notes, mathematical tables, dictionaries or