ACC501 GDB Solution

A-20,000 B-10,000
Liquidity
A-2
B-1.125


Net Working Capital = Current Assets - Current Liabilities
Company A = 40000 - 20000 = 20000
Company B = 90000 - 80000 = 10000

On liquidity term Company A is better than Company B

Liquidity Ratio = Current Assets / Current Liabilities
Liquidity Ratio A = 40000/20000 = 2
Liquidity Ratio B = 90000/80000 = 1.125

IT430 Online Quiz No. 1

Question # 1 of 10 ( Start time: 08:08:20 PM ) Total Marks: 1

var txt="Hello World!" document.write(txt.length), it would return the length as.
Select correct option:

13
12
11
10

Question # 2 of 10 ( Start time: 08:09:20 PM ) Total Marks: 1
__________ is an event handler in JavaScript.
Select correct option:

None of the given
onloading
onpress
onbuttondown

Question # 3 of 10 ( Start time: 08:10:48 PM ) Total Marks: 1
In Java script , New key word is used to create:
Select correct option:

Instance of method
Instance of Object
Initialize the Variable
Assign the vale of object

Question # 4 of 10 ( Start time: 08:11:57 PM ) Total Marks: 1
Border-style: specifies the style of all borders in the order _________________.
Select correct option:

border top style, border right style, border bottom style, border left style
border top style, border left style, border bottom style, border right style
border bottom style, border right style, border top style, border left style
border top style, border bottom style, border bottom right, border left style

Question # 5 of 10 ( Start time: 08:12:59 PM ) Total Marks: 1
Which is NOT a correct name for an XML element?
Select correct option:


<1dollar>
All 3 tags are incorrect

Question # 6 of 10 ( Start time: 08:15:31 PM ) Total Marks: 1
___________ is a valid JavaScript variable.
Select correct option:

first_name
2nd_name
third name
*lastname*

Question # 7 of 10 ( Start time: 08:16:58 PM ) Total Marks: 1
_________ is not a comparison operator.
Select correct option:

>
<
!=
=

Question # 8 of 10 ( Start time: 08:17:47 PM ) Total Marks: 1
In CSS, how do you make the text bold?
Select correct option:

font:b
font-style:bold
font-size:bold
font-weight:bold

Question # 9 of 10 ( Start time: 08:19:16 PM ) Total Marks: 1
_______________ will display the border having top border = 10 pixels, bottom border = 5 pixels, left border = 20 pixels and right border = 1 pixel.
Select correct option:

border-width:10px 1px 5px 20px
border-width:5px 1px 10px 20px
border-width:10px 20px 5px 1px
border-width:5px 20px 10px 1px

Question # 10 of 10 ( Start time: 08:20:26 PM ) Total Marks: 1
The control statement on a while loop is tested
Select correct option:

once at the start
after each time through the loop
once at the end
before each time through the loop


Question # 1 of 10 ( Start time: 08:52:04 PM ) Total Marks: 1
The first control statement in a for loop usually
Select correct option:

increments a counter
sets the termination condition
creates a control variable
All of the given

Question # 2 of 10 ( Start time: 08:53:33 PM ) Total Marks: 1
How does a "for" loop start?
Select correct option:

for i = 1 to 8
for (i = 0; i <= 8)
for (i = 0; i <= 8; i++)
for (i <= 8; i++)


Question # 3 of 10 ( Start time: 08:54:42 PM ) Total Marks: 1
_________ will refer to an external script called "xyz.js".
Select correct option:

STA630 Assignment No.1 solution-2

Effective managers always make sound and effective decisions on the basis of scientific research. Scientific research focuses on solving problems in a step by step, logical and organized manner (i.e. Identifying problem, Gathering data, analyzing it & drawing a conclusion). Scientific research conducted in a proper manner always produces repeatable and comparable research findings. Hallmarks of scientific research are as follows:

• Purposiveness
• Rigor
• Testability
• Replicability
• Precision and confidence
• Objectivity
• Generalizibility
• Parsimony

As for the given case, the research has a clear purpose (i.e. to pinpoint the problem / internal issues that are affecting the customer base).

The researchers and consultants carried out the research in a Rigorous manner (i.e. the researchers developed a theoretical base & collected relevant detailed information from a carefully picked sample of 25 employees and 100 customers).

The research mentioned in the case is Replicable and generalizable to other similar situation in same / different organizations.

The management of the company is confident to have 90% precision (which is very close to accuracy) in the research.

The research is being conducted by and independent consultants firm. Furthermore, the researches (employees and customers) are being conducted parallel to each other by independent researchers, which eliminates / reduces the chances of biasness to the minimum level.

The research is conducted in a parsimonious manner.

..............

Another:

This is not the solution you have to write points according to given case.

The Hallmarks of Scientific Research

PURPOSIVENESS:

: SHOULD HAVE DEFINITE AIM

It has to start with a definite aim or purpose.

The focus is on increasing employee commitment.

Increase employee commitment will translate into less turnover, less absenteeism and increased performance levels.

Thus it has a purposive focus.

REFLECT RIGOR

REFLECT RIGOR: SHOW CAREFULNESS, SCRUPULOUSNESS & DEGREE OF

EXACTITUDE IN RESEARCH INVESTIGATIONS

A good theoretical base and sound methodological design would add rigor to the purposive study.

Rigor adds carefulness, scrupulousness and the degree of exactitude in research.

Example:

A manager asks 10-12 employees how to increase the level of commitment. If solely on the basis of their responses the manager reaches several conclusions on how employee commitment can be increases, the whole approach to the investigation would be unscientific. It would lack rigor for the following reasons

TESTABILITY

TESTABILITY: CAN BE TESTED BY APPLICATION OF CERTAIN STATISTICAL

TESTS TO COLLECTED DATA

After random selection manager and researcher develops certain hypothesis on how manager employee commitment can be enhanced, then these can be tested by applying certain statistical tests to the data collected for the purpose.

REPLICABILITY

REPLICABILITY: SHOULD PROVIDE SAME RESULTS IF TESTS ARE

REPEATED IN OTHER SIMILAR CIRCUMSTANCES

It means that it can be used again if similar circumstances prevail.

Example:

The study concludes that participation in decision making is one of the most important factors that influences the commitment, we will place more faith and credence in these finding and apply in similar situations. To the extent that this does happen, we will gain confidence in the scientific nature of our research

PRECISION AND

PRECISION AND CONFIDENCE: HAVE ACCEPTABLE DEGREE OF

ACCURACY AND PROBABILITY OF APPLICATION TO THE WHOLE

Precision refers to the closeness of the findings to "reality" based on a sample.

It reflects the degree of accuracy and exactitude of the results of the sample.

Example: If a supervisor estimated the number of production days lost during the year due to absenteeism at between 30 and 40, as against the actual of 35, the precision of my estimation more favorably than if he has indicated that the loss of production days was somewhere between 20 and 50.

OBJECTIVITY

OBJECTIVITY: BASED ON FACTS AND NOT ON SUBJECTIVE OR EMOTIONAL

VALUES

The conclusions drawn through the interpretation of the results of data analysis should be objective; that is, they should be based on the facts of the findings derived from actual data, and not on our subjective or emotional values.

Example: If we had a hypothesis that stated that greater participation in decision making will increase organizational commitment and this was not supported by the results, it makes no sense if the researcher continues to argue that increased opportunities for employee participation would still help

GENERALIZABILITY

GENERALIZABILITY: HAVE SCOPE OF APPLICATION TO OTHER SETTINGS

It refers to the scope of applicability of the research findings in one organization setting to other settings.

Example: If a researcher's findings that participation in decision making enhances organizational commitment are found to be true in a variety of manufacturing, industrial and service organizations, and not merely in the particular organization studied by the researcher, then the generalizability of the findings to other organizational settings in enhanced. The more generalizable the research, the greater its usefulness and value.

PARSIMONY

PARSIMONY: SIMPLICITY IN EXPLAINING THE PHENOMENA THAT OCCUR

AND IN GENERATING SOLUTIONS FOR THE PROBLEMS

Simplicity in explaining the phenomenon or problems that occur, and in generating solutions for the problems, is always preferred to complex research frameworks that consider an unmanageable number of factors.

...............................

Effective managers always make sound and effective decisions on the basis of scientific research. Scientific research focuses on solving problems in a step by step, logical and organized manner (i.e. Identifying problem, Gathering data, analyzing it & drawing a conclusion). Scientific research conducted in a proper manner always produces repeatable and comparable research findings. Hallmarks of scientific research are as follows:
• Purposiveness
• Rigor
• Testability
• Replicability
• Precision and confidence
• Objectivity
• Generalizibility
• Parsimony

As for the given case, the research has a clear purpose (i.e. to pinpoint the problem / internal issues that are affecting the customer base).

The researchers and consultants carried out the research in a Rigorous manner (i.e. the researchers developed a theoretical base & collected relevant detailed information from a carefully picked sample of 25 employees and 100 customers).

The research mentioned in the case is Replicable and generalizable to other similar situation in same / different organizations.

The management of the company is confident to have 90% precision (which is very close to accuracy) in the research.

The research is being conducted by and independent consultants firm. Furthermore, the researches (employees and customers) are being conducted parallel to each other by independent researchers, which eliminates / reduces the chances of biasness to the minimum level.

The research is conducted in a parsimonious manner.

........................

The company having a large a large number of customers and was going in success. Now the company is in loss and not generating profit this is very alarming situation for management and directors.
In this way they the researcher will collect data through different employees and make a conclusion of the problem external or internal causing loss for the company.
In this case according to hallmark of scientific method they should act upon following research method to reach the problem.

1) Observation of the situation

2) identifying the problem.

3) Formulating a theory.

4) Generate a hypothesis.

5) Analyzing the data collection or hypothesis.

6) Result or conclusion of the research process.

Mgt111 GDB solution

GDB MARKS 10:

Experience from the recent past reveals that the governments across the globe have devolved many of their functions to the local governments. On contrary, some functions have been transferred to private sector. Please discuss those exclusive roles of the government that make public administration a separate enterprise from private organizations.

n the recent past reveals the government across the globe have developed many of their functions to the local governments, and some of them are transferred to private sectors because the public administration centrally concerned with the organization of government policies and programmes as well as the behavior of officials usually non-elected formally responsible for their conduct. The public administrators are public servants working in public departments and agencies, at all levels of government, but in the private sectors there are rules and regulation are more concerned to their scope of work and also this is a field of to show more encouragements as compare to government sectors. Basically the Public administration is a field of inquiry with a mixture of range in which it is presupposes that the basic goals are to move on management and policies so that government can function with steadiness. While on the other side the private organizations are self-sustaining, particular curiosity groups, set up by people acting wholly outside the scope of any administrator capability as officers, employees, or agents of the Federal Government.

Tasks that can not be done by private sector.

• Resistance to external threats, i.e. protection of country’s boundaries and improving peace and harmony.

• Regulating the imports and exports by formulating policies.

• Framing the laws and legislative structure, i.e. constitution development and implementation. Protection of basic human rights in the country.

• Inoculating people against the cultural and societal assaults. i.e. keeping intact the nation’s identity and uniqueness.

• Managing country wide, gigantic disasters, problems, if any.

• Creating harmony various religious, cultural, and societal schools of thoughts.

This is just the idea, discuss and elaborate these points to get full marks in the gdb.

Fin621 Quiz No. 2

Question # 1 of 15 ( Start time: 03:55:07 AM ) Total Marks: 1

Which of the following account would NOT be closed to the income summary account at the end of a period?
Select correct option:

Rent expense
Revenue earned
Wages expense
Accumulated depreciation

Question # 2 of 15 ( Start time: 03:55:30 AM ) Total Marks: 1
Which of the following is not true about the "Account"?
Select correct option:

Accounts are only prepared by the business entities
Account always reflects the amount of the single transaction only
Account is effected both by economic and non economic events
All of the given options

Question # 3 of 15 ( Start time: 03:55:53 AM ) Total Marks: 1
An entry that effects more than one accounts is knows as _____________.
Select correct option:

Journal entry
Compound entry
Adjusting entry
Reversing entry

Question # 4 of 15 ( Start time: 03:56:20 AM ) Total Marks: 1
In statement of cash flows, which of the following would not be considered an item from an "investing" activity?
Select correct option:

Collections on loan
Purchase of marketable securities
Purchase of fixed assets
Payments of dividends

Question # 5 of 15 ( Start time: 03:57:10 AM ) Total Marks: 1
When preparing a statement of cash flows under the indirect method, supplemental disclosure should be made for which of the following?
Select correct option:

Net cash consumed by operating activities
Cash dividend distributions
Cash paid for interest and taxes
Cash paid for wages

Question # 6 of 15 ( Start time: 03:58:38 AM ) Total Marks: 1
Which of the following is a special temporary account used to close all of the revenue and expense accounts?
Select correct option:

Close-out Summary
Owner's Capital
Income Summary
Temporary Summary

Question # 7 of 15 ( Start time: 03:59:03 AM ) Total Marks: 1
Company XYZ purchases Machinery on credit; Journal entry would be:
Select correct option:

Accounts Payable debit; Machinery Credit
Accounts Receivable debit; Machinery Credit
Machinery Debit; Accounts Payable credit
Machinery Debit; Accounts Receivable credit

Question # 8 of 15 ( Start time: 03:59:42 AM ) Total Marks: 1
On November 30, 2008 ABC Company borrowed Rs. 4,000 from bank by issuing an interest-bearing note payable. This loan is to be paid in three months along with interest computed at an annual rate of 9%. What will be the entry on Nov 30 to record this borrowing?
Select correct option:

Cash – Debit; Notes payable – Credit
Notes payable – Debit; Cash – Credit
Interest expense – Debit; Cash – Credit
Interest payable – Debit; Notes payable - Credit

Question # 9 of 15 ( Start time: 04:00:44 AM ) Total Marks: 1
Closing entries result in net income being calculated in the income summary account and then transferred to which of the following account?
Select correct option:

Revenue account
Common Stock account
Dividends account
Retained Earnings account

Question # 10 of 15 ( Start time: 04:01:09 AM ) Total Marks: 1
Net current assets are equivalent to:
Select correct option:

Stock plus debtors plus cash
Current liabilities less current assets
Working capital
Fixed assets plus current assets less current liabilities

Question # 11 of 15 ( Start time: 04:01:36 AM ) Total Marks: 1
Assets of the business are valued and recorded at cost in the financial statement as these are not for resale purposes, according to which of the following?
Select correct option:

Going concern assumption
Cost Principle
Separate entity principle
Objectivity principle

Question # 12 of 15 ( Start time: 04:01:52 AM ) Total Marks: 1
Which of the following is the third step of accounting cycle?
Select correct option:

Preparing financial statements
Preparing trial balance
Posting
Making adjusting entries

Question # 13 of 15 ( Start time: 04:02:13 AM ) Total Marks: 1
The right side of an account is a:
Select correct option:

Debit side
Credit side
Balance of that account
Carried to the next accounting period

Question # 14 of 15 ( Start time: 04:02:26 AM ) Total Marks: 1
How the transactions in a journal are initially recorded?
Select correct option:

Alphabetical order
Ascending order
Chronological order
Alphanumeric order

Question # 15 of 15 ( Start time: 04:02:43 AM ) Total Marks: 1
Which of the following is the next step after the preparation of trial balance?
Select correct option:

Adjusted trial balance
Financial statements
Adjusting entries
Closing entries

Question # 1 of 15 ( Start time: 02:40:03 PM ) Total Marks: 1
A journal entry that has more than one debit or credit is known as:
Select correct option:

1. Double entry
2. Multiple entry
3. Compound entry page#8
4. None of the given option



Question # 2 of 15 ( Start time: 02:41:04 PM ) Total Marks: 1
In the long run, a business must generate positive net cash flow from which of the
following activities, if it is to survive?
Select correct option:

1. Investing activities
2. Financing activities
3. Operating activities
4. Non cash activities

Question # 3 of 15 ( Start time: 02:41:49 PM ) Total Marks: 1
Which of the following is the next step after the preparation of trial balance?
Select correct option:

1. Adjusted trial balance
2. Financial statements
3. Adjusting entries
4. Closing entries

Question # 4 of 15 ( Start time: 02:42:14 PM ) Total Marks: 1
A business has purchased a building on cash, how it would be recorded in the journal?
Select correct option:

1. Building - Debit; Cash - Credit
2. Cash - Debit; Building - Credit
3. Building - Debit; Owner's equity - Credit
4. Building - Debit; Accounts Payable - Credit

Question # 5 of 15 ( Start time: 02:42:36 PM ) Total Marks: 1
Decision makers compare net income to net cash from operating activities. To make these
amounts more comparable, the same accounts are included in each. The following accounts are used to compute both net income and net cash from operating activities EXCEPT:
Select correct option:

1. Dividends declared and paid
2. Dividend revenue
3. Interest expense
4. Interest revenue

Question # 6 of 15 ( Start time: 02:42:58 PM ) Total Marks: 1
Which of the following is the adjustment that is added during the reconciliation of net income to operating cash flows in indirect method?
Select correct option:

1. An increase in Accounts Receivable
2. An increase in Prepaid Expenses
3. Gain on sale of capital assets
4. Amortization Expense


Question # 7 of 15 ( Start time: 02:43:12 PM ) Total Marks: 1
The appropriate journal entry to record equipment depreciation expense would consist of a debit to Depreciation Expense and a credit to which of the following accounts?
Select correct option:

1. Equipment
2. Accumulated Depreciation: Equipment
3. Retained Earnings
4. Cash

Question # 8 of 15 ( Start time: 02:43:31 PM ) Total Marks: 1
In statement of cash flows, interest payment made on loan from bank is related to:
Select correct option:

1. Investing activity
2. Financing activity
3. Operating activity

4. Net changes in working capital


Question # 9 of 15 ( Start time: 02:44:44 PM ) Total Marks: 1
Net current assets are equivalent to:
Select correct option:

1. Stock plus debtors plus cash
2. Current liabilities less current assets
3. Working capital
4. Fixed assets plus current assets less current liabilities


Question # 10 of 15 ( Start time: 02:45:14 PM ) Total Marks: 1
The Drawing account is closed by which of the following entry?
Select correct option:

1. Capital – Debit; Drawing - Credit
2. Drawing – Debit; Capital - Credit
3. Income Summary – Debit; Drawing - Crediting
4. Drawing – Debit; Income Summary - Crediting

Question # 11 of 15 ( Start time: 02:45:42 PM ) Total Marks: 1
Which of the following is the largest single expense of most merchandising firms?
Select correct option:

1. Cost of goods sold
2. Rent Expense
3. Amortization Expense
4. Salaries Expense


Question # 12 of 15 ( Start time: 02:46:03 PM ) Total Marks: 1
The right side of an account is a:
Select correct option:

1. Debit side
2. Credit side
3. Balance of that account
4. Carried to the next accounting period


Question # 13 of 15 ( Start time: 02:46:43 PM ) Total Marks: 1
How the transactions in a journal are initially recorded?
Select correct option:

1. Alphabetical order
2. Ascending order
3. Chronological order
4. Alphanumeric order

Question # 14 of 15 ( Start time: 02:47:08 PM ) Total Marks: 1
The income statement of the UBL shows the interest revenue of Rs. 6,000, and the amount of accrued interest receivable has increased from Rs. 3000 to Rs. 4000 during the year.
Calculate the amount of interest received.
Select correct option:

1. Rs. 7000
2. Rs. 5000
3. Rs. 8000
4. Rs. 1000

Question # 15 of 15 ( Start time: 02:47:30 PM ) Total Marks: 1
If a company has paid dividends on its preference shares, under which one of the cash flow
statement headings would they appear?
Select correct option:

1. Returns on investments and servicing of finance
2. Financing
3. Equity dividends paid
4. Capital investment and financial investment