...12345) Mid-Term Exam – Review Questions 1) All of these are pitfalls an organization should avoid in strategic planning EXCEPT (Ch. 1) Some pitfalls to watch for and avoid in strategic planning are these: Using strategic planning to gain control over decisions and resources Doing strategic planning only to satisfy accreditation or regulatory requeriments Too hastily moving from mission development to strategy formulation Failing to communicate the plan to employees, who continue working in the dark Top managers making many intuitive decisions that conflict with the formal plan Top managers not actively supporting the strategic-planning process Failing to use plans as a standard for measuring performance Delegating planning to a “planner” rather than involving all managers Failing to involve key employees in all phases of planning Failing to create a collaborative climate supportive of change Viewing planning as unnecessary or unimportant Becoming so engrossed in current problems that insufficient or no planning is done Being so formal in planning that flexibility and creativity are stifled 2) The strategic-management process represents a(n) logical , systematic , and objective approach for determining an enterprise's future direction. 3) Strategic Management is used to refer to strategic formulation, implementation and evaluation, with strategic planing referring only to strategic formulation. 4) Which statement best describes intuition...
Words: 1938 - Pages: 8
...Auditing Exam 1 Review Ch 1 Nature of Auditing: * Auditing is the accumulation and evaluation of evidence about information to determine and report on the degree of correspondence b/w the information and established criteria. * Auditing should be done by a competent, independent person. Information and Established Criteria: * To do an audit, there must be information in a verifiable form and some standards (criteria) by which the auditor can evaluate the information. Accumulating Evidence and Evaluating Evidence: * Evidence is any information used by the auditor to determine whether the information being audited is stated in accordance with the established criteria. Competent, Independent Person: * The auditor must be qualified to understand the criteria used and must be competent to know the types and amount of evidence to accumulate to reach the proper conclusion after the evidence has been examined. * The competence of the individual performing the audit is of little value if he or she is biased in the accumulation and evaluation of evidence. Reporting: * The final stage in the auditing process is preparing the Audit Report, which is the communication of the auditor’s findings to users. Distinguish b/t auditing and accounting: * Accounting is the recording, classifying, and summarizing of economic events for the purpose of providing financial information used in decision making. * Auditing is determining whether recorded information...
Words: 1056 - Pages: 5
...BIOL 3332 Spring 2016 Unit 1/Exam 1 Review (Chapters 1, 3, 6, and part of 4) A. Chapter 1 Microbial Life: Origin & Discovery a. Impact of microbiology on our lives i. Ecology, public health, biotechnology, knowledge of cell biology and genetics b. Defining what a microbe is: * a microbe is a living organism that requires a microscope to be seen c. Where did microbes come from? Evolutionary origins, fossil evidence; prokaryotic cells eukaryotic cells * bacteria is the oldest known life form. Oldest datable geographical evidence was 3.8 bya * eukayotic cells arose from divergent prokaryotic lines. Endosymbioses came from mitochondria and chloroplasts. Unicellular types came from simple multicellular forms metazoans; significance of cyanobacterial ancestors * presence of cyanobacteria-like chains of cells in stomatolite fossils represent growth of cyanobacteria * cyanobacteria photosynthesize like plants; they use H2O to synthesize O2. d. Microbial taxonomy & phylogeny (3 domains: Archaea, Bacteria, & Eukarya ) * the 3 domains (bacteria, archaea, and eukaryotes) evolved from a common cell * Archaea and bacteria include prokaryotes * Eukarya includes algae, plants, fungi, animals, and protists eukaryotes * Monera includes all 3 domains i. Taxonomic groupings: microbes in the different kingdoms of those domains ii. Similarities & differences: eukaryotic & prokaryotic cells; genomes iii. Metagenomics e....
Words: 3125 - Pages: 13
...1. What is Geography? Geography (from geo, “earth”, and grapein, “to write”) is the science that studies the relationships among natural systems, geographic areas, society, and cultural activities and the interdependence of all of these over space. 2. What is physical geography? Physical geography is the spatial analysis of all the physical elements and process systems that make up the environment: energy, air, water, weather, climate, landforms, soils, animals, plants, microorganisms, and Earth itself. 3. What are the inner core, outer core, mantle, asthenosphere, lithosphere, oceanic crust, and continental crust? o Inner core: solid iron well above the melting temperature of iron at the surface, but remains solid b/c tremendous pressure (combination of silicon, oxygen, sulfur) o Outer core: molten, metallic iron (fluid) with lighter densities than the inner core o Mantle: 80% of earth’s total volume, rich in oxides of iron and magnesium and silicates (FeO, MgO, and SiO2), • Lower mantle: denser, contain a mixture of iron, magnesium, and silicates, with some calcium and aluminum. • Upper mantle: a high-velocity zone just below the crust where seismic waves transmit through a rigid, cooler layer, divides into three fairly distinct layers: i. Upper mantle ii. Asthenosphere iii. Uppermost mantle o Asthenosphere: (plastic layer) contains pockets of increased heat from radioactive decay and is susceptible to slow convective currents in these hotter, less dense...
Words: 335 - Pages: 2
...Prompt 1: Migration * According to anthropologists, where did the first human beings live? Why did they leave that place? How did they get to North America? According to anthropologists the first human beings lived in Ethiopia, Africa around 2 million years ago for example: Lucy known as the oldest human found there. The most probable reason why the first human left Africa is because of the Ice Age. The cold made life so difficult to survive and somehow reduced in their population. They went through a land bridge, which existed to connect North America and Asia during the Ice Age. * What was the Columbian Exchange? How did the Columbian Exchange affect Europe? How did it affect North America? The Columbian Exchange is basically understand as the exchange in foods, animals, plants as well as diseases between the New World (North America) and the Old World (Europe) followed after the discovery of America by Columbus. The Columbian Exchange affected both world in many ways. For Europe, it brings avocado, potato, tomato, corn, beans, tobacco, turkeys as positive effects and the negative effect are diseases like tuberculosis and syphilis. For North America, positive effects: coffee beans, olive, banana, sugar cane, grape, sheep, pig, horse. And the negative effects impact North America are: smallpox, chickenpox, measles etc… * Name four groups of people who migrated to British North America in the 17th century. Why did each of those groups migrate...
Words: 1673 - Pages: 7
...The exam is closed book and no notes. This is testing basic managerial accounting knowledge that everyone should know and understand to be able to add value to any type of organization. Make sure you bring a calculator. Please feel free to ask questions about the review sheet if you do not understand what I am asking. You will also have access to the answers to the online quizzes you have taken, so I would review these quizzes. The textbook website has interactive quizzes that you can take at the textbook website and get instant feedback, so that would probably be a good review process. Also, make sure you review the exercises I have set out below by the problem explanations. You have access to the partial chapter solutions in the course resources area after we have covered a chapter, so make sure you are solving the exercises correctly. You can definitely do well on this exam if you study. If you get to a problem on the test and feel confused, try to put something down so you might earn partial credit. If you understand the review sheet, you should do well on the exam. 25 Multiple choice 2 pts. each 1. Understand what Financial and Management accounting are? 2. What are the differences among Manufacturing, merchandising, and service companies? 3. How do you compute COGM, COGS, and operating income and what do these figures represent? 4. What are prime and conversion costs? 5. What is customer-profitability analysis? 6. Understand how changes in volume...
Words: 699 - Pages: 3
...Faculty, College of Accounting Education University of Mindanao Abstract The paper employed a simulation model to determine probability of passing the CPA licensure exam. The predictor variables of the study were GPA, pre-review grade, and the subject clusters of the exam. The study covered periods 2007-2011. It was noted that the performance of the Accounting Education for the period covered was found to be impressive. Pre-review and the GPA have high statistical influence in passing the board exam. The threshold GPA is 2.2 while 2.4 for the prereview. Of the subject clusters in the board exam, accounting problems have the highest impact in the actual board score followed by theory of accounts, management services, practical accounting problems 2, practical accounting problems 1 and the least yet still bear impact is the business law and taxation. The collegiate validation exam used as indicator of readiness showed statistical association with the actual exam. A simulated model revealed that the scores of management and services, auditing problems, audit theory, business law and taxation and accounting problems 1 have strong board outcome effects. The theory of accounts and accounting problems 2 showed no statistical significance. Keywords: Accounting education, intervention measures, maximum likelihood 1 Electronic copy available at: http://ssrn.com/abstract=2394997 INTRODUCTION It had been claimed that licensure examination secures protection of the profession...
Words: 4951 - Pages: 20
...12:30PM – 1:50PM BUS 1-10 BUS 3-10 Course Description and Objectives: ACCTG 415/615 is the second part of Intermediate Financial Accounting. This course builds upon materials learned in previous financial accounting courses including ACCTG 311 and ACCTG 414/614. The focus of this course is on accounting for financing, liabilities and equity, and related income measurement, and disclosure with an in-depth examination of complex measurement issues. Together with ACCTG 414/614, Intermediate Financial Accounting covers virtually every important corporate reporting topic. Students are expected to master the vast body of knowledge on accounting for activities of an enterprise and preparing accounting information. A professional accountant’s expertise depends on both technical skill and professional judgment. During this course, students are expected to work towards developing the expertise through a lot of quantitative practice and a thorough understanding of the rationale (conceptual basis, assumptions, facts of circumstances, etc.) for each accounting method. This is a difficult course. For each topic covered, there will be two or three lectures that will progressively cover more difficult and technically challenging material. If you do not understand the earlier material, then you WILL NOT be able to understand the later lectures. In the past, students who failed to keep up with the course materials throughout the semester did very poorly on the exams. Please...
Words: 1508 - Pages: 7
...Accounting Week 1 to 6, Assignment, WilyPLUS, DQ, Final Purchase here http://homeworkonestop.com/ACC%20561/acc-561-accounting-week-1-to-6-assignment-wilyplus-dq-final Product Description ACC 561 Accounting WEEK 1 Individual Assignment, Financial Statement Review Paper Individual Assignment, Wileyplus BE1-7, BE1-8, BE1-9 Discussion Question 1 and 2 WEEK 2 Individual Assignment, Sarbanes-Oxley Act of 2002 Individual Assignment, Wileyplus E13-5, E13-6, E13-8, E13-9 Learning Team Summary Learning Team Reflection Discussion Question 1 and 2 WEEK 3 Individual Assignment, American Corporation Analysis Individual Assignment, Wileyplus BE15-5, E16-1, E17-9 Discussion Question 1 and 2 WEEK 4 Individual Assignment, WileyPLUS BYP17-2 Managerial Analysis Individual Assignment, Wileyplus BE18-1, BE18-7, BE18-11, E19-2 Learning Team Summary Learning Team Reflection Discussion Question 1 and 2 WEEK 5 Individual Assignment, Costing Methods paper Learning Team Assignment, CVP and Break-Even Analysis Paper Individual Assignment, Wileyplus E20-2, E20-5, BE21-4, E22-5 Learning Team Deliverable Discussion Question 1 and 2 WEEK 6 Individual Assignment, Wileyplus E23-1, E23-2 Learning Team Summary Learning Team Reflection ACC 561 Final Exam WileyPLUS (30 Q & A) ACC 561 Final Exam 2 (30 Q & A) ACC 561 Final Exam 3 (54 Q & A) ACC 561 Final Exam 4 (54 Q & A) ACC 561 Final Exam 5 (54 Q & A) ACC 561 Final Exam 6 (52 Q & A) ACC 561 Final Exam 7 (45 Q & A) ...
Words: 4411 - Pages: 18
...Instructor: Ka Va Math Learning Skills 7B Tentative Tuesday/Thursday Schedule Spring 2016 |Week |Month |Tuesday |Thursday | |1 |January |26 |28 | | | |Evaluating Polynomials and |Sections 5.6 and 5.7 | | | |Sections 5.4 and 5.5 | | |2 |February |2 |4 | | | |Sections 6.1, 6.2 and 6.3 |Sections 6.4 and 6.6 | |3 |February |9 |11 | | | |Sections 6.7 and 6.8 |Sections 7.1 and 7.2 | |4 |February |16 |18 | | | |Section 7.5 ...
Words: 264 - Pages: 2
...October 19, 2015 CONTENTS EXECUTIVE SUMMARY……………………………………………………………………..ii INTRODUCTION…………………………………………………………………………........1 REQUIREMENTS TO APPLY FOR AND SIT FOR THE TEXAS CPA EXAM…….............1 Moral character………………………………………………………………………….1 Degrees&150 hours…………………………………………………………………......2 Accounting, business, and ethics courses…………………………………………….....2 FOUR SECTIONS AND TEST STRUCTURES………………………………………….........5 Coverage and structure………………………………………………………………….5 THE RULES, TESTING WINDOWS, AND SITES……………………………………...........6 Rules…………………………………………………………………………………….6 Testing window………………………………………………………………………….6 Testing center……………………………………………………………………………6 PREPARE FOR AND TAKE THE UNIFORM CPA Exam…………………………………….7 Courses and options……………………………………………………………………...8 Taking the Uniform CPA Exam under rules…………………………………………….9 Receiving scores…………………………………………………………………………9 ADDITIONAL REQUIREMENT FOR TEXAS CPA…………………………………...........10 Submit a licensure application…………………………………………………………10 Ethics exam……………………………………………………………………………..10 Work experience in Texas……………………………………………………………...10 BENEFITS TO BECOME A TEXAS CPA…………………………………………………..11 CONCLUSIONS……………………………………………………………………………….11 WORKS CITED…………………………………………………………………………….....11 EXHIBITS AND NOTES……………………………………………………………………...12 APPENDIXES…………………………………………………………………………………17 Appendix 1-Application of Intent………………………………………………….. …..17 Appendix 2-Work Experience Form……………………………………………………19 Executive Summary ...
Words: 6533 - Pages: 27
...Management 317: Organizational Behavior Spring Semester, 2012: 12:40-2:00 p.m. Tuesday & Thursday Professor: Dr. Kathi Lovelace Office/Email: Florence Moore 310A, kathi.lovelace@menlo.edu, (650) 543-3848 Office Hours: Tuesdays & Thursdays: 10:45-12:45 p.m., and by appointment. From March 1 to April 19: Thursdays 5:00-5:50 p.m. Required Texts/Materials: 1. Robbins, S. & Judge, T. (2012). Essentials of Organizational Behavior (11th ed.). Upper Saddle River, NJ: Pearson Prentice Hall. 3. MyManagementLab: This is an additional online resource that goes with our textbook. More information will be provided the first week of class (e.g., how to register, how we will use it). 2. Readings, case studies and other class materials will be posted on our Moodle http://menlo.mrooms3.net and Menlo Library http://apps.menlo.edu/library/courses/reserves.php sites. Please log-in the first week of class to ensure you can access our sites. Course Description and Approach: Organizational Behavior (OB) “is a field of study that investigates the impact that individuals, groups and structure have on behavior in organizations” (Robbins & Judge, 2012; pg.2). Topics include perceptions, personality, team dynamics, problem-solving, communication and collaboration, conflict management, and motivation. Building positive organizational cultures, understanding power and influence and leading and managing change effectively and ethically are also key topics covered...
Words: 2053 - Pages: 9
...analytical skills by examining various technical areas of financial accounting. Prerequisite: AP/ADMS 2500 3.00. Prior to Fall 2009 Prerequisite: AK/ADMS 2500 3.0. Course credit exclusion: AK/ADMS 3585 3.00. Learning Outcomes After completion of the course, apart from mastering the technical knowledge of the revenue and asset side of the financial statements, students should also 1. Understand the importance of ethics in the accounting profession and realize potential conflicts of interest that one may encounter in the profession. 2. Begin to learn how to see the inter-relationship between accounting issues, analyse them, and integrate the findings to draw reasonable conclusions. 3. Begin to learn the basics of case writing and communicate effectively. 4. Understand the importance of teamwork and learn how to develop work plans and resolve conflicts. Textbook Required Intermediate Accounting, 10th Canadian Edition, Volume 1, By Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Nicola M. Young, Irene M. Wiecek, and Bruce McConomy ISBN: 978-1-118-30084-8 ©2013 Do not use previous editions Page 1 of 15 Recommended Accounting recommendations, CPA Canada...
Words: 4600 - Pages: 19
...academic integrity. The University Policy on Academic Honesty is explained in detail in the student handbook On Campus and is available online at www.gsu.edu/oncampus. The course syllabus and class schedule provides a general plan for the course; deviations may be necessary. Attendance – Each student is expected to attend all scheduled class meetings for the entire duration of the class. Most students will find MBA 8115 to be very demanding. Poor attendance will almost certainly result in poor course performance. Exams – There will be three exams, each covering specified chapters. Exams may contain any content contained in the reading assignments, homework, and material covered in class. Exams will be closed book and closed notes. You may use a non-memory calculator. The scheduled dates for exams are included in the following Course Outline. Exams will be rescheduled only under unusual circumstances. Any questions regarding the grading of any of the exams given during the semester must be brought to the attention of the...
Words: 1324 - Pages: 6
...Econ 251 7:30 a.m. in EE 129 1:30 and 3 p.m. in CL50 224 Spring 2012 Instructor: Dr. Kelly Blanchard Office: KRAN 477 Office Phone: 494-7956 Office Hours: Tuesdays and Wednesdays 9-11 a.m. and by appointment Email: khb@purdue.edu Teaching Assistants: Curtis Ball (ball10@purdue.edu) KRAN B024E T/Th 11:30-1:30 p.m. 496-1664 Ross Winegar (rwinegar@purdue.edu) KRAN 487 W/Th 3-5 p.m. Weekly Review Session: Thursdays 6-7 p.m. in KRAN G9 Exam Review Sessions: Friday, February 10 from 6-7 p.m. in WTHR 200 and Monday, March 26 from 6-7 p.m. in WTHR 200 Administrative Assistant: Bree Miller KRAN 443 496-7964 (9 a.m. – 1 p.m. M-Th) bree2@purdue.edu Course Web Site(s): blackboard.purdue.edu (for accessing grades and course information or postings) www.pearsonmylabandmastering.com (for e-text, online homework, study guide) Course Overview: Econ 251 is intended to introduce you to microeconomic theory and its application in everyday life. The course will explain how individual consumers and producers together determine the prices and quantities of goods available in the marketplace. We will investigate the underlying incentives of consumers to buy goods and of firms to produce products that satisfy consumer demand. In addition, we'll look at how government can help or hinder market efficiency. The textbook for the course is Microeconomics for Economics 251, published by Pearson Custom Publishing (ISBN: 1256128546). The publisher has created an online resource site...
Words: 1729 - Pages: 7
