Practice Exam Chapters 9-12 1. Montana Co. has determined its year-end inventory on a FIFO basis to be $600‚000. Information pertaining to that inventory is as follows: What should be the carrying value of Montana ’s inventory? A. $600‚000. B. $520‚000. C. $590‚000. D. $510‚000. 2. On July 8‚ a fire destroyed the entire merchandise inventory on hand of Larrenaga Wholesale Corporation. The following information is available: What is the estimated inventory on July 8 immediately
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Practice Exam 2 Psychology 1215 Langara College Dr. V. Lloyd‚ Instructor. Student Name: _________________________________ Date: __________________ Family name Given name Student Signature: ___________________________ Student Number: ______________ Multiple choice questions (1 point each) |1. |Research on the environmental conditions that influence sexual orientation indicates that | |A) |homosexuals are more likely
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Practice Exam Multiple choice questions. 1) Which of the following statements about natural monopoly is correct? A) A natural monopoly’s average cost is decreasing. B) A natural monopoly’s marginal cost is decreasing. C) A natural monopoly usually has a small fix cost. D) Governments usually want to ban natural monopoly. 2) Which of the following statements about perfect price discrimination is correct? A) A firm in a perfect competitive market can apply perfect price discrimination
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Curriculum Students final report card grade will be based on the evidence provided of these overall curriculum expectations: Scientific Investigation Skills and Career Exploration • Demonstrate scientific investigation skills in four areas: initiating and planning‚ performing and recording‚ analysing and interpreting and communicating. • Identify and describe a variety of careers related to the fields of science under study‚ and identify scientists‚ including Canadians‚ who have made contributions
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1. (TCO A) Suppose you are hired to manage a small manufacturing facility that produces Widgets. (a.) You know from data collected on the Widget Market that market demand has recently decreased and market supply has recently increased. As manager of the facility‚ what decisions should you make regarding production levels and pricing for your Widget facility? Remember that supply and demand are about the market supply and market demand‚ which is bigger than your own company. You are being
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Name: __________________________ Date: _____________ 1. Super-Tech Industries had the following department information about physical units and percentage of completion: Physical Units Work in process‚ June 1 (75%) 8‚000 Completed and transferred out 18‚000 Work in process‚ June 30 (50%) 12‚000 If materials are added at the beginning of the production process‚ what is the total number of equivalent units for materials during June? A) 15‚000. B) 30‚000. C) 32‚000. D) 24‚000. 2. A department had the
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Practice questions for EC340 Midterm Exam #2 1. To help its domestic producers‚ the United States unilaterally raised tariffs on ____ in early 2002‚ but after a ruling against the United States by the WTO‚ it was forced to remove the tariff. A) autos B) steel C) tires D) dairy products Use the following to answer questions 2-6: SCENARIO: GUATEMALA ’S TELEVISION MARKET This table gives the hypothetical supply and demand of television sets in Guatemala. Guatemala is a small country that is unable
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CGA-CANADA FINANCIAL ACCOUNTING 4 EXAMINATION December 2005 Marks Time: 4 Hours Notes: 1. 2. 3. 4. 5. 6. 7. 30 All calculations must be shown in an orderly manner to obtain part marks. Round all calculations to the nearest dollar. Narratives for journal entries are not required unless specifically requested. Assume a December 31 fiscal year-end unless specifically stated otherwise. Assume all amounts are material unless directed otherwise. Assume all companies are public
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ECN 104 Final Exam December 9th 2011 104F11FE Multiple Choice Identify the choice that best completes the statement or answers the question. ____ 1. An increase in income will cause a shift in the budget constraint a. outward. b. towards the good most consumed. c. inward. d. towards the good least consumed. ____ 2. If the consumption of one good is reduced‚ how must a consumer alter his consumption of another good in order to remain indifferent between two bundles? a. He must not change his consumption
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Choose four (4) of the following questions and answer them in short essay format. All questions are worth equal marks. (12.5 marks each) QUESTION 1 (12.5 marks) Discuss the key factors in the international environment that managers of emerging global organisations look to as threats to their international operations. Provide examples as appropriate. International Environment is the management of business operations conducted in more than one country and usually outside of the organisations
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