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ADM 2342 Mid Term Exam.doc

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ADM 2342MID TERM EXAMIntermediateFinancialAccounting1Winter2009SOLUTIONSInstructions1This examination comprises 4 questions over 14 pages The last page page 14 is an extra page for rough work Answer all questions in this bookletThe booklet is not to be removed from the examination roomYou may separate the pages but ensure that you put them back together and stapled before handing in2Limit your answer to the space providedBlank sheets for rough work and supporting calculations are given at the end of each question3This exam is out of 85 marks and is 25 hours long You should budget between 17 and 18 minutes per mark4Please do not ask the invigilator or the professor any questions as they will not be answeredState reasonable assumptions if you feel they are necessary5Language dictionaries nonelectronic are allowed if the invigilator permits them They must be shown to the invigilator before the start of the exam6The use of electronic communication devices such as cell phones is strictly prohibited during the exam7You must sign the Statement of Academic integrity on page 2 of this examQuestionMarksCombined Statement of 125Income and Retained EarningsBalance Sheet227Cash Flow318Conceptual Framework415TOTAL85 Statement of Academic IntegrityThe Telfer School of Management does not condone academic fraud an act by a student that may result in a false academic evaluation of that student or of another student Without limiting the generality of this definition academic fraud occurs when a student commits any of the following offences plagiarism or cheating of any kind use of books notes mathematical tables dictionaries or other study aid unless an explicit written note to the contrary appears on the exam to have in hisher possession cameras radios radios with head sets tape recorders pagers cell phones or any other communication device which has not been previously authorized in writing Statement to be signed by the studentI have read the text on academic integrity and I pledge not to have committed or attempted to commit academic fraud in this examinationSignedNote an examination copy or booklet without that signed statement will not be graded and will receive a final exam grade of zero
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