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Practice Case Exam answer.pdf

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Department
Administrative Studies
Course
ADMS 2500
Professor
All Professors
Semester
Fall

Description
York University APAdms 250003 Introduction to Financial Accounting Midterm Examination 1Test Form A Fall 2011 Time 3 hours Questions 33Instructions1 Submit Only the pink mark sense sheet will be collected you may keep this midterm examination paper Mark your answers on it for later reference2 Mark Sense SheetRecord your name and student number and answer all questions on the computer mark sense sheet provided with an HB soft lead pencil Bring several pencils in case one breaks The computer will not recognize ink or hard lead pencils Test Form is A and Code is your Section in the left column Fill in the bubbles for your name and student number in pencil your phone number is not required Leave the last column of the student number BLANK If you change an answer use a high quality eraser to completely remove the previous mark If the computer senses two answers to a question only the first scanned will be recognized3 Exam AidsOnly calculators without alphanumeric programmable memories are allowed It is strongly suggested you bring a couple of cheap 4 function computers to the exam in case one fails Be prepared to be challenged by invigilators if you bring a fancy calculatorCompact foreign languageEnglish dictionaries may be used However these will be examined by invigilators If there are any loose pages or handwriting in the dictionary it will be seized and you will be charged with academic dishonesty Electronic dictionaries are banned4 Exam StrategyCareful budgeting of time on an accounting exam is essential Bring a watch and check your progress regularly Poor time management is the most common reason for poor exam performance in accountingIt is always a good idea to attempt the questions you deem easiest first In an interrupted exam that is not restarted your exam will be scored based on questions attemptedIt is essential to transfer your answers to the grading sheet after each question in case the exam is interrupted by fire alarmThe last ten minutes of an exam should be devoted to double checking your transfers What you submit is what is graded If you have not transferred your answers to the mark sense sheet at the end of the exam the invigilator will not wait Your answer sheet will be seized and it will be graded based on whatever questions have choices filled inRemember there is no penalty for guessing on a multiple choice computer graded exam Submit a choice for every question Also note that in 2500 choice E None of the above does indeed represent a frequent correct choice to questions 1 5 Exam room regulationsAll personal belongings either on the floor or at the front of the exam room All items on your desk will be examined by invigilatorsBring appropriate ID as proof of registration You will be required to sign in and show appropriate documentation Students without ID will be allowed to write the exam but will be photographed and asked to submit registration and photo ID to the School of Administrative Studies the next dayNo student may leave the exam in the first hour No student may start the exam after an hour Students requiring restroom visits must be accompanied by an invigilatorThe proctors will announce when there are 15 minutes remaining and any answers not transferred should be recorded at this time No one is to leave their seat in the last 10 minutesWhen time is called the proctors will go down the rows collecting your answer sheets and this exam paper They will not wait and they will not accept your sheet once they have passed Any violation of this protocol will result in a grade of zero recorded for the exam6 Fire AlarmsA frequent occurrence in York exams In the event of a fire alarm you are to leave your exam and answer sheet face down on your desk and immediately proceed outside with coats and all personal belongings Print your surname on the back of the exam so you know which seat to return to An invigilator will lead the group outside to a place of safety There is to be no talking during the evacuation or outside Most rooms are cleared so that exams can recommence within 30 minutes of the alarm You will be told after this time whether to reenter the room and recommence the exam or to go home7 Academic DishonestyYou are reminded that cheating is a serious offense which can result in expulsion from universityExams at York are held in regular classrooms which may involve tiered seating Consequently neck exercises are not allowed during exams First instance of wandering eyes has the student relocated to the front of the room Second instance results in seizure of paper8 Special InstructionsThis exam is a case which then has a series of questions based on that case While an attempt has been to minimize the impact of the impact of carryforward errors in question design some questions of necessity are related to multiple computations or previous questions so an error potentially can have multimark impact However such questions are kept to an absolute minimum Most questions stand alone In 2500 invigilators answer no questions of interpretation Accounting exams contain so many numbers that some times typos creep into the exam questions despite proofreading If you notice what appears to be a typo ask the nearest invigilatorThey will pass along questions regarding possible errors typosmissing data to the head invigilator If there is a typo and it is caught early during the exam a correction will be announced and placed on the front board Typos caught late in the exam will just result in that particular question not being scored by the computer If you believe a question contains an error and do not receive a response during the exam then this is an issue for you to send an email to your instructor post exam2
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