SYDNEY INSTITUTE OF BUSINESS AND TECHNOLOGY ACST101 TECHNIQUES AND ELEMENTS OF FINANCE REVISION - LECTURES 1‚ 2 & 3 Sample Class Test 1 Instructions: For Questions 1‚ 2 and 4 write your answer in the space provided. For Question 3 all working must be shown. Total marks for the test = 10. Time: 50 minutes writing time (no reading time) Question 1 (2 Marks ) (i) Vincent invested a sum of $5‚000 in a bank account earning 5½% p.a simple interest on 1 September 2003. On what date will Vincent’s bank
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Week 1 quiz Week 1‚ Quiz 1 Points Received 40/40 (100%) 1. Total cost equal the fixed cost plus the variable cost per unit divided by volume • True • False 2. Objective probabilities that can be stated prior to the occurrence of an event are • Subjective • A priori • Classical or a priori • None of the above 3. An experiment is an activity that results in one of several possible outcomes. • True
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Math 1210 Summer 2012 Quiz Name___________________________________ SHOW WORK!!!! (No Work‚ No Credit) Estimate the indicated probability. 1) The table shows the number of college students who prefer a given pizza topping. toppings freshman sophomore cheese 14 16 meat 19 26 veggie 16 14 junior 20 16 19 senior 26 14 26 1) Determine the empirical probability that a student prefers cheese toppings. Find the probability. 2) A bag contains 2 red marbles‚ 4 blue marbles‚ and 8 green
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quiz 2 TCO 2) A statement that reports inflows and outflows of cash during the accounting period in the categories of operations‚ investing‚ and financing‚ is called a(an): Income statement Statement of retained earnings Balance sheet Statement of cash flows Report of management Question 2. Question : (TCO 2) Two major methods of asset valuation are: : historical cost and future cost historical cost and acquisition cost historical cost and replacement cost acquisition cost and future cost
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FIN 301 – MW – Tu Nguyen – Quiz #2 – Solution: 1. The relevant discount rate for the following set of cash flows is 14 percent. What is the profitability index? A. 0.89 B. 0.93 C. 0.99 D. 1.03 E. 1.07 AACSB: Analytic Bloom’s: Application Difficulty: Basic Learning Objective: 9‐7 Section: 9.6 Topic: Profitability index 2. A firm evaluates all of its projects by using the NPV decision rule. At a required return of 14 percent‚ the NPV for the follo
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Quiz Submissions - Weekly Test 02—Organisational Environments and Cultures Top of Form Question 1 1 / 1 point What are the two types of external organisational environments? public and private market-specific and the product-specific organisational and the interpersonal global and the national general and the specific Question 2 1 / 1 point In terms of external organisational environments‚ the ____ environment affects all organisations while the ____ environment is unique to each company
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Name: ___________________________________________________________ Quiz #2 1. List the four main types of scales identified in Chapter 6. Makes sure in your response below to explain the difference between each through the use of an example. The four main types of scales indentified in chapter 6 are the nominal level of measurement‚ ordinal level of measurement‚ interval level of measurement‚ and the ratio level of measurement. The nominal level of measurement is defined by the text as the characteristics
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questions: a. How do you interpret the intercept‚ and the coefficient of the factors? First‚ the P value for this model is less than .05 so this model is significant. Then we can figure out the P value for each factor is significant‚ which means Factor 1‚ 2‚ 3 and 4 do have some effects on Price. Price=110.70+48.5*F1+33.49*F2+57.20*F3-8.30*F4 It means every unit increased on factor1‚ the price of this house would be increase 48.5 units as well. If the value of factor2 (section and age) increase one unit
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Explanation: Page 121 Points Received: 2 of 2 Comments: 2. Question : (TCO 4) The principal issue to be resolved in cases involving alleged negligence is usually: Student Answer: the amount of the damages suffered by plaintiff. whether to impose punitive damages on defendant. the level of care exercised by the CPA. whether defendant was involved in fraud. Instructor Explanation: Page 119 Points Received: 2 of 2 Comments: 3. Question : (TCO 4)
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. Contract duties are obligations imposed by law. False 2. Contract law reduces the cost of economic transactions. true 3. A quasi-contract is not a contract‚ but a fiction created by the courts to prevent injustice. true 4. An agreement that is illegal is void. True 5. A contract need not be in writing to be enforceable. False 6. Specific performance is a limited remedy as it is only available for breach of contract to sell a unique item. True 7. A _____ is a promise or a set of promises
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