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Accounting 2311 Final Exam Problems – Spring 2004 - Revised
Be prepared to work the following types of problems:
Topic Some Examples/Problems to Study
New Material Covered Since Exam 3
16 Pts. ... See chapter 9 class examples; HH-Accounting for
9 Powerpoint slides) for when to record a contingent liability Contingencies (Central Perk); class example-warranties;
vs. ...
Tentative Point breakdown:
Problems (see above) 118
Multiple choice, matching questions & problems 22
Total points 140
Accounting 2311 Final Exam – Spring 2004 - Other Material to Study
(For multiple choice, matching, short-answer, & miscellaneous short problems)
Chapter 1
A. ... Accrual Accounting Class Example;
C. Definitions/terminology: Accounting; Stakeholders; Financial Accounting vs. Managerial
Accounting
D. ... Conceptual Framework of Accounting (yellow handout)--This summarizes the elements of
financial statements; objectives of financial accounting; qualitative characteristics of information;
accounting principles (revenue recognition, matching, cost principle, etc), assumptions and
constraints. ... Transaction Analysis - when is a business event an accounting transaction; homework M2-4
C. ... See handout on Accounting Cycle & Need for Adjusting Entries--Purpose of closing entries
Chapter 5 and Chapter 11
A.
Approximate Word count = 1611
Approximate Pages = 6.4
(250 words per page double spaced)
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