...1. If the cost of goods sold is greater than the cost of goods manufactured, then: a. work in process inventory has decreased during the period. b. finished goods inventory has increased during the period. c. total manufacturing costs must be greater than cost of goods manufactured. A: d. finished goods inventory has decreased during the period. 2. Wages paid to the factory supply shop foreman are considered an example of: Direct Labor Period Cost A) Yes Yes B) Yes No A: C) No Yes D) No No 3. The following costs were incurred in April: Direct materials $18,000 Direct labor $21,000 Manufacturing overhead $33,000 Selling expenses $14,000 Administrative expenses $19,000 Conversion costs during the month totaled: A) $39,000. A: B) $54,000. C) $105,000. D) $51,000. 4. . The following costs were incurred in April: Direct materials $29,000 Direct labor $24,000 Manufacturing overhead $14,000 Selling expenses $18,000 Administrative expenses $18,000 Direct costs during the month totaled: A: A) $53,000. B) $67,000. C) $38,000. D) $103,000. 5. In a job-order cost system, the application of manufacturing overhead usually would be recorded as a debit to: A) Cost of Goods Sold. A: B) Work in Process inventory. C) Manufacturing Overhead. D) Finished Goods inventory. 6 The Work in Process inventory account of a manufacturing firm shows a balance of $3,000 at the end of...
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...TRUE-FALSE STATEMENTS 1. Analysts are interested in sustainable income, which is equal to the past year’s net income. Ans: F, SO: 1, Bloom: K, Difficulty: Easy, Min: 1, AACSB: None, AICPA BB: Legal/Regulatory Perspective, AICPA FN: Reporting, AICPA PC: None, IMA: Performance Measurement 2. One objective of the income statement is to separate the results of continuing operations from those of discontinued operations. Ans: T, SO: 2, Bloom: K, Difficulty: Easy, Min: 1, AACSB: None, AICPA BB: Legal/Regulatory Perspective, AICPA FN: Reporting, AICPA PC: None, IMA: Reporting 3. When the disposal of a significant segment occurs, the income statement should report both income from continuing operations and income (loss) from discontinued operations. Ans: T, SO: 2, Bloom: K, Difficulty: Easy, Min: 1, AACSB: None, AICPA BB: Legal/Regulatory Perspective, AICPA FN: Reporting, AICPA PC: None, IMA: Reporting 4. An event or transaction should be classified as an extraordinary item if it is unusual in nature or if it occurs infrequently. Ans: F, SO: 2, Bloom: K, Difficulty: Easy, Min: 1, AACSB: None, AICPA BB: Legal/Regulatory Perspective, AICPA FN: Reporting, AICPA PC: None, IMA: Reporting 5. Companies report most changes in accounting principle currently. Ans: F, SO: 2, Bloom: K, Difficulty: Easy, Min: 1, AACSB: None, AICPA BB: Legal/Regulatory Perspective, AICPA FN: Reporting, AICPA PC: None, IMA: Reporting 6. The loss on disposal of a significant...
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..._______________ is primarily concerned with the preparation of financial information for specific purposes, usually for internal users. Selected Answer: Managerial accounting Answers: Managerial accounting Financial accounting Cost accounting Revenue cycle Question 2 20 out of 20 points In accouting, Duality means: Selected Answer: Assets = Liabilities + Equity Answers: Assets = Equity Equity = Assets + Liabilities Assets = Liabilities + Equity Liabilities = Equity + Assets Question 3 In ________________, transactions are recognized when that are received or paid. Selected Answer: Cash accounting Answers: Stable monetary unit Cash accounting Accrual accounting Duality Question 4 20 out of 20 points Money the organization spends to maintain and grow operations is called: Selected Answer: Expenses Answers: Liabilities Assets Revenue Expenses Question 5 0 out of 20 points A laboratory purchases a microscope, on credit, for $50,000. The result would be an increase of $50,000 in _________________ and an increase of $50,000 in ____________________. Selected Answer: Liabilities, Equity Answers: Assets, Equity Assets, Liabilities Liabilities, Equity Assets, Equity Question 1 | | | Which of the following is the primary goal of a not-for-profit healthcare organization? | |...
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...even with the current economic situation, knowing that new jobs may not be available by the time I finish with my MBA. An MBA would benefit me greatly in a variety of ways. Pursuing an MBA will aid in the development of the skills I need in the finance and accounting areas. Of course the increase in pay from possessing an MBA does not hurt either. When researching jobs online I am finding that by having a master’s degree, the pay is substantially higher than those with a bachelor’s degree. Other than career and financial reasons, I do have a personal goal to achieve more than my siblings. Out of four sisters only two of us have a bachelor’s degree. I would love nothing more than to become the other sibling to obtain a masters degree. Plain and simple, I want to do better than all of my sisters. In this economy, having a good paying job with security is vital. “In nearly every sector of the globe, the prospect of making more money and living a better economic life draws thousands of students to MBA programs” (Euders.com, 2009). I plan hopefully to open my own business someday in the very near future. With running my own business the part of running a business that I feel I need stronger skills would be in the finance or accounting areas. These areas would be of great value to me while running my own company. If I do have my own company I think that having excellent financial skills would be beneficial. This...
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...CAMPUS STAY CPI: 8.8 Volunteer in Ritambhara, participated in 2-3 robotics events etc. PRE-PLACEMENT PREPARATION - When it came to resume building, I mentioned my internship (which was in Samsung), projects I did and the co-curricular activities - I was confident about my aptitude and was focussing mainly core and analytics. - I didn’t prepare for GD but finally had to give GD in Coca Cola, ITC and Schlumberger. So you can never be too sure of what comes your way during the placements. PLACEMENT EXPERIENCE - I started my placement journey by getting shortlisted in Capital One on Day 1. They shortlisted 125 candidates on the basis of resume. Then they took a case study interview and reduced the number to 30. Then again took an aptitude test but finally didn’t give offer to anyone. - Then came Coca Cola on Day 2. They organised GD in the groups of ten each and then there was a single interview of about half an hour which mainly consisted of HR based questions. The topic of the GD was “Are Engineering students wasting time in studies ?”. The interview mainly focussed on the commitment to work with them and asked whether I did any activity depicting leadership skills. - Coca Cola shortlisted candidates with medium profile like moderate CPI with few extracurrecs. I had a target of gettng placed in Qualcomm from second year itself. It came on Day 2 and I got a call from Qualcomm in the middle of the interview of Coca Cola so I could not take their call. Immediately after this I went...
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...Electronics, Instrumentation, Ceramics, Civil, Computer Science (IT), Mining or Chemical Engineering. For Computer Science discipline, MCA (3 years full time) with 65% marks ( average of all semesters) are also eligible. Management For HR, Marketing and Materials : Bachelors’ degree in any discipline with 60% Trainee marks ( average of all subjects) with at least two years full time MBA/PG Diploma in (Administration) Management with 60% marks in Human Resources/ Personnel Management & Industrial Relations/ Personnel Management/ Masters in Human Resources & Organizational Development for HR discipline,Marketing for Marketing discipline and Production/Operations/Materials/ Logistics/ Supply Chain Management. for Materials discipline. For Finance : CA/ICWA For Management Trainee (Technical) posts, candidates having degree in related disciplines as given below can also apply against the respective discipline: Main Disciplines...
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...Instrumentation, Ceramics, Civil, Computer Science (IT), Mining or Chemical Engineering. For Computer Science discipline, MCA (3 years full time) with 65% marks ( average of all semesters) are also eligible. | Management Trainee (Administration) | For HR, Marketing and Materials : Bachelors’ degree in any discipline with 60% marks ( average of all subjects) with at least two years full time MBA/PG Diploma in Management with 60% marks in Human Resources/ Personnel Management & Industrial Relations/ Personnel Management/ Masters in Human Resources & Organizational Development for HR discipline,Marketing for Marketing discipline and Production/Operations/Materials/ Logistics/ Supply Chain Management. for Materials discipline. For Finance : CA/ICWA | For Management Trainee (Technical) posts, candidates having degree in...
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... How do I remit the application fee? The applicants can pay the fees using any of the following facilities Payment Gateway using Debit/Credit Card( will be activated in website by 09.10.12) Internet Banking. NEFT (remittance through any Commercial Bank of your choice) Fee Payment Challan provided for remittance at Federal Bank Branches. 3. What is the selection procedure? Candidates shall be selected by Federal Bank through a selection process consisting of an open online exam followed by Personal interview and /or Group Discussion. Online Aptitude test: The online aptitude test will be for duration of 2 hours and shall comprise of the following tests, with a sufficiently high degree of difficulty: Logical aptitude / reasoning Quantitative / numerical aptitude English language General Awareness and Marketing Aptitude Computer Awareness 4. How will a candidate be intimated of the online test and interview? The Candidates should note that the entire selection procedure will be Online and that all the instructions/ intimations will be provided on the Bank’s website. The candidates are requested to check the website for the same from time to time for important dates and notifications. 5. What kind of documents am I supposed carry with me for the online examination? The candidates are requested to bring the following documents at the time of attending the online examination. Call Letter for the online examination with latest passport size photo ...
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...perceived stress scale. All three of these scales are imperative in finding out what kind of state the patient is in cognitively. Daily hassles are defined as “irritating, frustrating demands that occur during everyday interactions with the environment (Wright et al., 2010). Daily hassles are normally those daily interactions with family or friends that have regular occurrences; however are more difficult when trying to determine a beginning and an end. The Kanner Hassel scale is the most commonly used it generates eight scores on eight dimensions of time, pressure, work, financial responsibilities, health, neighborhood/environment, inner concerns, household responsibilities, and future security. Another scale was later revised to include work, finances, health, social/environmental issues, household/home maintenance, personal life, and family and friends. The assessment was revised to better suit assessing the hassle level of adults and is more fitted for them due to the fact it ask respondents to rate the frequency and severity of each event. The Daily Hassel Scale is designed...
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...Introduction As a group, we decided to base our research on comparing the recruitment experiences of two recent recruits within the “Big 4” accounting firms. The group agreed on this method so we could analyze the differences between the two processes and also the similarities as the companies work within the same industry sector. Also, to gain a more extensive view we chose to select two different types of recruit. One member of the team interviewed a Postgraduate employee and another asked questions of a direct entry employee. We chose these interviewees as it is a relevant area for our team and it was insightful to see the recruitment process they went through considering we may engage in a related process in the near future. Review of Literature Interview Once a candidate is selected, it is the responsibility of the recruiter to determine the method necessary to select the ideal employee for a given position. There are a number of techniques that can be utilized for this assessment, the primary ones being interviewing, psychometric testing, and provided work samples or references. The type of evaluation chosen must take into account the nature of the position, the expectations of the company, and how accurately it will provide insight into a candidate. The success of this process hinges on the ability to accurately compare all candidates on many levels. Finding a method that is both standardized and minimizes bias provides a greater opportunity for successful recruitment...
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...Pass or equivalent is the minimum qualification. The Examination will comprise of a Written Objective Type Examination followed by Data Entry Skill Test / Typing Test . The Commission will not undertake detailed scrutiny of applications for eligibility and other aspects at the time of written examination and, therefore, the candidature is accepted only provisionally. Before applying, candidates are advised to go through the requirements of educational qualification, age etc. and satisfy themselves that they are eligible for the concerned posts. Copies of supporting documents will be sought only from those candidates who qualify for the Skill Test/ Typing Test. When scrutiny is undertaken, if any claim made in the application is not found substantiated, the candidature will be cancelled and the Commission’s decision shall be final. BEFORE APPLYING, CANDIDATES IN THEIR OWN INTEREST ARE ADVISED TO GO THROUGH THE DETAILED INSTRUCTIONS CONTAINED IN THIS NOTICE AND ALSO AVAILABLE ON THE WEBSITE OF THE COMMISSION( http://ssc.nic.in) Candidates seeking reservation benefits available for SC/ST/OBC /PH/EXS must ensure that they are entitled to such reservation as per eligibility prescribed in the Notice .They should also be in possession of the certificates in the prescribed format in support of their claim at the time of Skill Test/Typing Test Only those candidates with visual disability of 40% or more would be considered as VISUALLY...
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...i Вторая страница обложки ii Cambridge Practice Tests for IELTS 1 Vanessa Jakeman Clare McDowell C AMBRIDGE UNIVERSITY PRESS iii PUBLISHED BY THF PRESS SYNDICATE OF THE UNIVERSITY OF CAMBRIDGE The Pitt Building Trumpington Street Cambridge CB2 1RP United Kingdom CAMBRIDGE UNIVERSITY PRESS The Edinburgh Building, Cambridge CB2 2RU, United Kingdom 40 West 20th Street, New York, NY 10011-4211, USA 10 Stamford Road, Oakleigh, Melbourne 3166, Australia © Cambridge University Press 1996 This book is in copyright. Subject to statutory exception and to the provisions of relevant collective licensing agreements, no reproduction of any part may take place without the written permission of Cambridge University Press. First published 1996 Third printing 1997 Printed in the United Kingdom at the University Press, Cambridge ISBN 0 521 49767 1 Self-Study Student`s Book ISBN 0 521 49766 3 Set of 2 cassettes Copyright The law allows a reader to make a single copy of part of a book for purposes of private study. It does not allow the copying of entire books or the making of multiple copies of extracts. Written permission for any such copying must always be obtained from the publisher in advance. iv Contents Acknowledgements iv Introduction 1 Practice Test 1 12 Practice Test 2 34 Practice Test 3 54 Practice Test 4 75 General Training Reading and Writing Modules Tapescripts Answer keys 94 107 130 ...
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...i Вторая страница обложки ii Cambridge Practice Tests for IELTS 1 Vanessa Jakeman Clare McDowell C AMBRIDGE UNIVERSITY PRESS iii PUBLISHED BY THF PRESS SYNDICATE OF THE UNIVERSITY OF CAMBRIDGE The Pitt Building Trumpington Street Cambridge CB2 1RP United Kingdom CAMBRIDGE UNIVERSITY PRESS The Edinburgh Building, Cambridge CB2 2RU, United Kingdom 40 West 20th Street, New York, NY 10011-4211, USA 10 Stamford Road, Oakleigh, Melbourne 3166, Australia © Cambridge University Press 1996 This book is in copyright. Subject to statutory exception and to the provisions of relevant collective licensing agreements, no reproduction of any part may take place without the written permission of Cambridge University Press. First published 1996 Third printing 1997 Printed in the United Kingdom at the University Press, Cambridge ISBN 0 521 49767 1 Self-Study Student`s Book ISBN 0 521 49766 3 Set of 2 cassettes Copyright The law allows a reader to make a single copy of part of a book for purposes of private study. It does not allow the copying of entire books or the making of multiple copies of extracts. Written permission for any such copying must always be obtained from the publisher in advance. iv Contents Acknowledgements iv Introduction 1 Practice Test 1 12 Practice Test 2 34 Practice Test 3 54 Practice Test 4 75 General Training Reading and Writing Modules Tapescripts Answer keys 94 107 130 ...
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...as one of the recent “innovative” approaches to assessments most pursued by states. CBT is lauded as the answer to having cheaper and speedier test delivery for state and district-wide assessments. It is also seen by some as an avenue toward greater accessibility for students with disabilities. In this report we explore the context of CBT, current state computer-based tests, and considerations for students with disabilities, in part as follow-up to a similar exploration that occurred in the early 2000s when just a few states were beginning to develop and implement CBT for their state assessments. Nine considerations for states and districts are presented: • Consider the assumptions and beliefs of various stakeholders about computer-based instruction and assessments. • Consider the system as a whole, from the computer infrastructure to classroom and instructional experiences with computers before deciding whether and how to use CBT. • Consider the computer or online platform first, with input from individuals who know students with disabilities and their accessibility needs. • Consider a process for bringing in the needed expertise to delineate the specific accessibility features of CBT, and to determine what specific accommodations may still be needed by students with disabilities, as well as to determine whether a computer-based test may create new accessibility issues. • Determine the policies for which accessibility features will be available to all students and which are...
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...acquired abilities (skills) or attitude. The innate nature of aptitude is in contrast to achievement, which represents knowledge or ability that is gained.[1] Contents [hide] 1 Intelligence 2 Combined aptitude and knowledge tests 3 See also 4 References Intelligence[edit] Aptitude and intelligence quotient are related, and in some ways opposite views of human mental ability. Whereas intelligence quotient sees intelligence as being a single measurable characteristic affecting all mental ability, aptitude refers to one of many different characteristics which can be independent of each other, such as aptitude for military flight, air traffic control, or computer programming.[2] This is more similar to the theory of multiple intelligences. Concerning a single measurable characteristic affecting all mental ability, analysis of any group of intelligence test scores will nearly always show them to be highly correlated. The U.S. Department of Labor's General Learning Ability, for instance, is determined by combining Verbal, Numerical and Spatial aptitude subtests. In a given person some are low and others high. In the context of an aptitude test the "high" and "low" scores are usually not far apart, because all ability test scores tend to be correlated. Aptitude is better applied intra-individually to determine what tasks a given individual is more skilled at performing. Inter-individual aptitude differences are typically not very significant due to IQ differences...
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