Paper-16 : ADVANCED FINANCIAL ACCOUNTING & REPORTING DIRECTORATE OF STUDIES‚ THE INSTITUTE OF COST AND WORKS ACCOUNTANTS OF INDIA Group-IV : Paper-16 : Advanced Financial Accounting & Reporting 47 FINAL EXAMINATION (REVISED SYLLABUS - 2008) GROUP - IV Paper-16 : ADVANCED FINANCIAL ACCOUNTING & REPORTING Q1. Write short notes on the Advantages and disadvantages of setting of Accounting Standards. Answer 1. The Accounting Standards seek to describe the accounting principles‚ the valuation
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In order to accurately answer this question you must be familiar with the basic properties of water‚ in which case the correct answer is obvious. Swamp-living plants will produce the following fossil fuel(s): * A. coal B. natural gas C. oil D. A and B E. B and C This is a basic content-oriented question‚ with a twist. You are offered a variety of combinations within which to fit the correct answer. The bottom line is that you will need more than
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Oxygen production d) cell type e) color 17) You have isolated a gram-positive rod. What test will you perform next? a) gram stain b) lactose fermentation c) endospore stain d) flagella stain e) DNA fingerprint Short answers. Fill in the blanks or give a short answer for the following. 1) Your field of view through a microscope is 0.3 millimeters. If you have a worm that takes up half of your field of view it would be ______ micrometers.
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Thinking Test 1. Why bother with critical thinking. - Three reasons; 1-Avoid being led into error. 2- Develop skills to improve our own skill of persuasion. 3-The pursuit of truth. 2. What is a conjunction fallacy? - Assuming only one of any given answers must be correct. 3. What is the purpose of an argument (2 points.) 1-To provide others with reasons for your belief. 2-To allow others to evaluate your reasons‚ and to allow them to accept or reject your claims. 4. Philosophers are concerned with
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in the most fundamental questions in our lives: What kind of person do I want to be? What lifestyle do I want? What purpose or goals should I seek? Ethics is the branch of study dealing with what is the proper course of action for us as humans. It answers the question‚ "What do I do?" It is the study of right‚ wrong‚ good and bad‚ in human endeavors. It is the method by which we categorize our values and pursue them. Do we pursue our own happiness‚ or do we sacrifice ourselves to a greater cause? Is
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Reorganization and Troubled Debt Restructuring 135 CHAPTER 8 MULTIPLE CHOICE ANSWERS AND SOLUTIONS 8-1: a Trade accounts payable (P52‚000 + P62‚700) P114‚700 12% preferred stock (5‚000 x P1) P 5‚000 Paid in capital in excess of par (5‚000 x P9) 45‚000 Cash (P62‚700 x P0.80) _50‚160 _100‚160 Gain from discharge of indebtedness P 14‚540 8-2: c 8-3: c 8-4: b Carrying value of the
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Quiz 1 Study Guide Towns: Chapter I What does “prolegomena” mean? Things that were said before. What are the three presuppositions of prolegomena? 1: There is a God. 2: Truth exist. 3: A person can know the truth. What is the contemporary usage of the word “theology?” The science of religion or doctrine of the church. What is catechism? The study of theology stimulated by questions. What are five presuppositions for the task of theologizing? 1.there is a God and he has revealed himself
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Chapter 1 1. A Chapter 2 1. Which event brought Queen Isabella to the throne in 1474? a. The death of her brother Henry 2. How did a sea route to Asia impact Europe? a. The route allowed merchants to charge lower prices for imported Eastern goods 3. The government of which country sponsored Christopher Columbus’s 1492 exploration? a. Spain 4. How did Ferdinand and Isabella react to Columbus’s first voyage? a. They believed Spain could challenge Portuguese dominance of the seas 5. The Treaty of Tordesillas
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the second project will result in smaller earnings reported to shareholders than the first. How might management’s observation influence its choice between the two investment projects? Ans: Sometimes‚ because of the conservatism of financial accounting‚ expenditures that are "investments" are not capitalized‚ but are written off currently‚ depressing current earnings but boosting future earnings. Such a phenomenon may well influence management to prefer projects with short-term benefits at the
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Week 7 Quiz 6 Return to Assessment List Part 1 of 1 -20.0/ 20.0 Points 2.0/ 2.0 Points A mental disorder is defined as ________________. A.The inability to distinguish right from wrong B.Behavior that violates cultural standards C.Behavior or emotional states that cause an individual distress‚ are self-destructive‚ or endanger D.Behavior that deviates strongly from the norm and prevents a person from functioning normally. Answer Key: C 2.0/ 2.0 Points Mary goes to the emergency room
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