...Finance 316 practice problems for final exam 1. True or False: According to the CAPM, a stock's expected return is positively related to its beta. 2. In practice, the market portfolio is often represented by: A. a portfolio of U.S. Treasury securities. B. a diversified stock market index. C. an investor's mutual fund portfolio. D. the historic record of stock market returns. 3. A stock's beta measures the: A. average return on the stock. B. variability in the stock's returns compared to that of the market portfolio. C. difference between the return on the stock and return on the market portfolio. D. market risk premium on the stock. 4. If the slope of the line measuring a stock's historic returns against the market's historic returns is positive, then the stock: A. has a beta greater than 1.0. B. has no unique risk. C. has a positive beta. D. plots above the security market line. 5. One of the easiest methods of diversifying away firm-specific risks is to: A. buy stocks with a beta of 1.0. B. build a portfolio with 20-25 individual stocks. C. purchase the shares of a mutual fund. D. purchase stocks that plot above the security market line. 6. An investor was expecting a 18% return on his portfolio with beta of 1.25 before the market risk premium increased from 8% to 10%. Based on this change, what return will now be expected on the portfolio? A. 20.0% B. 20.5% C. 22.5% D. 26.0% 7. If a two-stock portfolio is equally invested in stocks with betas of...
Words: 1098 - Pages: 5
...Practice Final Exam ENGL032 Part 1: In this section of the final exam, you will be asked questions about Active Reading Strategies. You will need to know the definitions of each one in order to answer the questions on the final exam. As a way of preparing, test your knowledge of each strategy by defining or describing each one in the space below. Prediction Questioning/Wondering Summarizing Visualizing Making Connections Part 2: Read the following passage in the left column. In the right column, read the thoughts of someone who has already read this passage. Then, in each blank, identify the reading strategy this reader activated while reading the passage “Chicago and Cleveland.” Chicago and Cleveland (1) Chicago, at the southern tip of Lake Michigan, is a port city.(2) It is also an important commercial (3) and industrial center of the Midwest. It is well known for its educational, cultural, and recreational centers. Chicago draws thousands to its concert halls, art museums, and sports arenas.(4) Cleveland, on the south shore of Lake Erie, is also a port city and a commercial and industrial center important to its area (5). Like Chicago, it has several important educational, cultural, and recreational centers. It has colleges and universities, and a distinguished (6) symphony orchestra. It has one of the finest art museums of the world, and many recreational centers. The location of the two cities contributed to their growth, but this similarity is...
Words: 2210 - Pages: 9
...ACC604 Final Exam Practice Questions – Series H 1. The Work in Process inventory account of a manufacturing company shows a balance of $18,000 at the end of an accounting period. The job cost sheets of the two uncompleted jobs show charges of $6,000 and $3,000 for materials, and charges of $4,000 and $2,000 for direct labor. From this information, it appears that the company is using a predetermined overhead rate, as a percentage of direct labor costs, of: A. 50% B. 200% C. 300% D. 20% 2. Job 607 was recently completed. The following data have been recorded on its job cost sheet: The company applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $14 per machine-hour. The total cost that would be recorded on the job cost sheet for Job 607 would be: A. $4,107 B. $6,319 C. $3,432 D. $4,863 3. Trauscht Corporation has provided the following data from its activity-based costing system: The company makes 340 units of product P23F a year, requiring a total of 710 machine-hours, 80 orders, and 40 inspection-hours per year. The product's direct materials cost is $40.05 per unit and its direct labor cost is $14.35 per unit. The product sells for $121.90 per unit. According to the activity-based costing system, the product margin for product P23F is: A. $9,223.20 B. $7,853.60 C. $5,401.60 D. $22,950.00 4. Kraska Corporation has provided the following data from its activity-based costing system: ...
Words: 3158 - Pages: 13
...1 American Conference of Governmental Industrial Hygienists (ACGIH) Threshold Limit Value (TLV) TWA = Time-Weighted Average Volatile Organic Compounds = (VOCs) North American Free Trade Agreement (NAFTA) International Register of Potentially Toxic Chemicals (IRPTC). WHMIS: Workplace Hazardous Materials Information System MSDS stands for: Material Safety Data Sheet IRPTC stands for: International Register of Potentially Toxic Chemicals HAART = Highly active antiretroviral therapy = three-drug cocktail treatment for AIDS OTC means over the counter SSRI = Selective serotonin reuptake inhibitors CFC = Chlorofluorocarbon 1% = 104 ppm = 107 ppb conversion N2 (g) + 3 H2 (g) → 2 NH3 (g) molar mass of ethanol (C2H5OH) = 46.06 g/mol d= st m/s km/hr 1 cm3 =1 ml Micro =1 µ g = 1 x 10 -6 g NANO =1 n g = 1 x 10 -9 g The largest vol of these is 1.0 L 1000 mL 1.0 × 106 µL >>1.0 × 104 cm3 Chemicals causing malformation in newborns are: Teratogenic Chemicals causing changes in DNA are known as: Mutagens A concentration of 21.0 ppm for a gas in air is equal: 2.10 × 10-3 % A concentration of 51.0 ppb for a gas in air is equal: 5.10 × 10-2 ppm Based upon TLV-TWA which poses the most risk: ( answer is the least) Sulfur dioxide (2 ppm) Carbon monoxide (2.5 × 104 ppb) >>Ozone (100 ppb) Nitrogen dioxide (3.0 × 10-4 %) A worker is repeatedly exposed to a concentration of 2.50 × 10...
Words: 1912 - Pages: 8
...ADMN 232 Administrative Principles Sample Final Examination Questions NOTE TO STUDENTS: This sample final examination is representative of the TYPES of questions you will encounter on the actual exam. However, it is NOT representative of the NUMBER of questions you can expect—the actual final examination will have many more questions. Answers are provided at the end of this document. Section 1: Multiple Choice Questions 1. Which of the following is one of the four conditions that must be met if a firm’s resources are to be used to achieve a sustainable competitive advantage? a. inexpensive b. easily imitated c. easily duplicated d. nonsubstitutable 2. Which of the following is (are) a major approach to corporate-level strategy? a. portfolio strategy b. adoptable strategies c. both of the above are such approaches d. neither (a) nor (b) are such approaches 3. Significant cost reductions, employee layoffs, closing poorly performing stores, offices, or manufacturing plants, or closing or selling entire lines of products or services would be characteristic of a ________ strategy. a. portable b. retrenchment c. stability d. first-level 4. Which of the following is not one of the five industry forces that determine an industry’s overall attractiveness and potential for long-term profitability? a. character of the rivalry b. threat of nonsubstitutable...
Words: 1710 - Pages: 7
...How to Study for a Final Exam Teneisha Bonner AIU Online Abstract In order to pass final exams, students have to make sure they take the time out to study. Studying for a final exam will help students to do well and pass. It is important for students to give themselves enough time to get ready for a final exam. There are a lot of steps that students have to take in order to remember and not to forget what is being asked on the final exam. How to Study for a Final Exam Final exams determine if students will pass or fail their classes. Preparing to study for a final exam can sometimes be very stressful for students. The advantages of preparing for a final exam surpass the stress of studying at the last minute. Students need to take their time to study; so that they will be able to do well on their exam. It is important that students know the proper steps to prepare for a final exam in order to succeed. Studying Early The first step that students should do to prepare for a final exam is study early. Students should always start studying early before they take the final exam. Studying early will help students to remember the material and know what they are asked. They should gather up all of their notes and tests they have taken; and at least study them twice a day until it is time to take the exam. Studying for the exam early will give students the opportunity to take their time to do well on the final exam. Practice Tests In the second step, students...
Words: 608 - Pages: 3
...W13 Acct110 COMPREHENSIVE PRACTICE Final Exam Question One: A/R and Bad debts (15 minutes) Part One. Read each transaction and record the appropriate journal entry for Morrison Consultants, which has a June 30 year end. Explanations are NOT required 1. On June 30 2012, Morrison prepares an aging schedule of accounts receivable that shows estimated uncollectible accounts of $5,200. Before journal entries, the Allowance for Doubtful accounts has a debit balance of $300 and Accounts Receivable has a balance of $85,000. 2. On July 5, Morrison was notified that Sperry Ltd has declared bankruptcy and Morrison writes off its A/R of $800. 3. On September 12, Sperry notifies Morrison that it can pay its $800 debt and includes a cheque for the entire amount. Part Two. 1. What is the net realizable value of the accounts receivable at June 30, 2012? ______________ 2. What is the net realizable value of the accounts receivable at July 5, 2012? _______________ Date Account Debit Credit Calculations: There is no representation that the practice questions reflect the actual exam questions. 1|Page Camosun College W13 Acct110 COMPREHENSIVE PRACTICE Final Exam B. Edwards Question Two: Capital Assets and amortization. (30 minutes) Townsend Engineers owns a piece of machinery that it purchased 3 years ago for $40,000. The machinery has an estimated salvage value of $5,000 and an estimated useful life of 10 years. Straight-line amortization is used...
Words: 1440 - Pages: 6
...Item ID: 1911 / 2 Item Description: Final Exam Pharmacy and Therapeutics Committee ____________________________________________________________________________ Question #: 2 In a road accident in Times Square, Manhattan, the driver of one of the cars suffered a concussion which the NYPD deemed as requiring...
Words: 946 - Pages: 4
...important in helping you progress? How can you focus your time and attention in future courses based on your career competencies and goals? Click the Assignment Files tab to submit your assignment. 2- Read Case Application 1, “Lessons from Lehman Brothers: Will We Ever Learn?” at the end of Ch. 5 of Management. Discuss the scenario with your team. Discuss the second, third, and fifth discussion questions at the end of the case with your team. Answer each question based on your team’s discussion in no more than 350 words per question. Click the Assignment Files tab to submit your assignment. 3-1. As a university student, your institution’s social principles and practices reflect on you, as a stakeholder, in the organization. Therefore, it is your right to question how these practices should be evaluated in relation to the social issues that your school is addressing. If your university was paying minimum wage when necessary and applying the minimum legal standards to its employees’ work environment, it would be said to have fulfilled its ________. social obligation social responsibility social responsiveness social expectation Bottom of Form Incorrect : An organization performs certain...
Words: 2347 - Pages: 10
...Indiana University of Pennsylvania Syllabus for Spring 2013 Distance Education Course ACCT304 Intermediate Accounting Instructor: Geoffrey Tickell, PhD, CPA, Professor Office: 418H Eberly College of Business & Information Technology Phone: 724-357-2753 (Office) E-Mail: Geoffrey.Tickell@iup.edu Office Hours: On-line, or, In my office on Monday & Wednesday 2 to 3pm and Tuesday & Thursday 2 to 4 pm. Class section: 801 Credits: 3 Prerequisite: Grade of C or higher in ACCT202. Required Text: Intermediate Accounting by Kieso, Weygandt, and Warfield, 14th Ed, Wiley. ISBN 978118088296 for the binder version packaged with WileyPlus access code available at the IUP Co-op store. Note that you will also use this text and WileyPlus for ACCT 305. WileyPlus: Learning resources and assessments are located on the WileyPlus website (see www.wileyplus.com). Further instructions as to how to log-in to this site is explained later in this syllabus. As this is an on-line course, it is vital to your success in this course that you make use of the resources on this website from the very first week. D2L: Other learning resources are located on the ACCT 304 Spring 2013 D2L site. These resources include this Syllabus, WileyPLUS instructions, chapter solutions, PowerPoint slides, and other resources. CATALOG DESCRIPTION ACCT304 primarily focuses on financial reporting for asset wealth typically found in business environments. Coverage...
Words: 1471 - Pages: 6
...Practice Final Exam ANSWER KEY College Reading 115 Bianco p.1 RD 115 FINAL EXAM REVIEW – WITH ANSWER KEY SPRING 2009 Dr. Martha J. Bianco This final review is exactly what the final exam will look like, except that the final exam will be based on a different reading. To prepare for the final exam: Read “The Age of Globalization,” pp. 687-702 from Opening Doors ahead of time so that you are familiar with it. This is the reading that most of the final exam will cover. The final is open book, but you may prefer to bring an annotated, highlighted, and marked-up photocopy of “The Age of Globalization” to class for the final, if you have been trying not to write in your book. Take the practice final, below; check your answers online at http://www.marthabianco.com/RD115/key.pdf, and follow through on studying areas where you need help. PRACTICE FINAL EXAM – WITH ANSWER KEY Introduction: This practice final exam is based on reading 11-1 in Chapter 11, “Cultural Diversity: Family Strengths and Challenges,” pp. 725-743. You may want to prepare for the practice final exactly like you would prepare for the real final. o Read and study Reading 11-1 on p. 725-743 before attempting the practice final. o Annotate, highlight, and mark up the reading and have it ready when you begin (either a photocopy or in the book itself). o You may use your book during the practice final, but remember, you will have only one hour in class, so try to complete the practice final...
Words: 3674 - Pages: 15
...Course Schedule Course Modules Review and Practice Exam Preparation Resources Introduction to Personal & Corporate Taxation [TX1] Course description and purpose Personal & Corporate Taxation [TX1] is the first of two courses in taxation in the CGA program of professional studies. It is a level four course that focuses on topics that aim to ensure you achieve a good understanding of the general principles and concepts of the Canadian Income Tax Act (ITA), as encountered by most individuals and corporations help you develop professional skills in the application of ITA principles and concepts to solve tax problems of individuals and corporations introduce you to the basic principles of income tax planning and international taxation, and introduce you to tax preparation software to aid in tax planning and in the preparation of individual T1 income tax and benefit returns. TX1 is designed to assist you in developing professional competence and skills to determine a taxpayer’s taxation requirements, exposure, and liability evaluate tax implications of proposed and completed transactions ensure compliance with all taxation reporting and filing requirements, and analyze and advise on tax planning issues. The CGA Program of Professional Studies is designed to help you develop the competencies that are essential to a professional accountant. For information on the competencies developed and strengthened specifically in TX1 and how they relate to the course topics, see the TX1 examination...
Words: 2652 - Pages: 11
...us at: SUPPORT@ACTIVITYMODE.COM LEG 505 ASSIGNMENT 5 LEG 505 Assignment 5 - Recommendations to Manage Common Compliance Issues A guide to best practices for contract administration•Refer the following resources to complete this assignment: (http://www.acquisition.gov/bestpractices/bestpcont.html) As the Contract Officer, you know it is time to assemble a team to manage compliance of the contract. Create a PowerPoint presentation based on the scenario you created to bring the team you have assembled up-to-date on what has occurred thus far. Prepare a twelve to twenty (12-20) slide PowerPoint presentation with speaker notes in which you: Analyze the importance of roles and responsibilities of contracting officers and administrators. Identify the various options of administrative and judicial processes available and select the appropriate process to resolve the dispute. Analyze the importance of improving methods of creating contract schedules and using a compliance matrix in government contract situations. Present ideas for brainstorming with your team in order to develop a policy that explains the role the Contract Officer should have played in the dealings between the government and the contractor, from the time the contract was awarded through completion of the work. Recommend three (3) best practices (one [1] from each section presented on Contracting Officer’s Technical Representative [COTR], voucher processing, and contract closeout) that will lend...
Words: 1265 - Pages: 6
...Best study strategies for a stressful exam Mohammed Sami Sachinwala University of Toronto Abstract Exams can be a nightmare for some students and a breeze for others. The purpose of this paper is to explore the possible reason why it is and create a method on to studying effectively and efficiently. Both mood and studying habits will be taken into account. We will be looking at a altered version of the KM cycle (Knowledge Management Cycle) for the intent of students and the coping strategies of students while under stress and their moods while studying. 100 3rd year students will be split into two groups, the control group and experimental group. All students will have a 70-80 averages on the final exams from the previous year. The experiment...
Words: 1366 - Pages: 6
.......................................... 3 How should I approach the course? ........................................................................................................... 3 Threaded Discussions.............................................................................................................................. 4 Homework Assignments ......................................................................................................................... 4 Course Project ......................................................................................................................................... 5 Midterm Exam ........................................................................................................................................ 5 Final Exam ............................................................................................................................................... 5 What resources are available? .................................................................................................................... 5 2 Why a success guide? Students frequently approach accounting with a certain level of anxiety about the difficulty of the course, the amount of math required and similar concerns. The purpose of this guide is to share...
Words: 1044 - Pages: 5
