1. Access the Library of Congress library catalog at http://catalog.loc.gov and read the Basic Search Tips. Then, find the information to answer the question. Under the 1951 edition of The Catcher in the Rye, what is listed as the publishing city?
A. New York
B. Chicago
C. Philadelphia
D. Boston
2. What would you type into a search engine for a quick way to get the definition of mensa?
A. allintitle:mensa
B. mensa organization
C. define:mensa
D. info:mensa
3. In which section of the Penn Foster library is the link “Evaluating Information on the Web”?
A. Subject Guides
B. EDSeek
C. Guidebooks and Tips
D. Virtual Reference Room
1. What is an effective truncation method for searching the Internet?
A. Reading all the hits from your first search
B. Using an asterisk (*)
C. Using several synonymous terms in the search
D. Entering one or two related words
2. On the EDSeek database, which of the following is not listed under the tools?
A. Return to Library
B. Logout
C. Change Databases
D. Dictionary
3. At www.pennfoster.edu, identify the website for the school’s accrediting body, which is listed by the U.S. Department of Education as a nationally recognized accrediting agency.
A. www.detc.org/
B. www.pde.state.pa.us/pdi_internet/site/default.asp
C. www.iacet.org/
D. www.css-msa.org/
1. Which of the following sets of Dewey Decimal call numbers is in the correct order?
A. 004. 15 KWA, 010. 1 ABR, 100.01 PRO, 100.1 BLU
B. 100. 1 BLU, 010.1 ABR, 004. 15 KWA, 100.01 PRO
C. 010.1 ABR, 004.15 KWA 100.01 PRO, 100.1 BLU
D. 100.01 PRO, 100.1 BLU, 010. 1 ABR, 004. 15 KWA
2. Use the World Factbook through the Virtual Reference Room to determine which of the following is listed as an official language of Canada.
A. Canadian
B. German
C. Spanish
D. French
3. Using the Internet and the search skills you’ve learned in Information Literacy, answer the following question. You may wish to use the search engines, meta-search engines, or virtual reference collections discussed in the study unit. According to the 2010 U.S. Census, what is the most populated city in the United States?
A. Philadelphia, Pennsylvania
B. New York, New York
C. San Francisco, California
D. Los Angeles, California
1. Using the Internet and the search skills you’ve learned in Information Literacy, answer the following question. You may wish to use the search engines, meta-search engines, or virtual reference collections discussed in the study unit. What U.S. city is listed as the cleanest?
A. Cheyenne, Wyoming
B. San Francisco, California
C. New York, New York
D. Charlotte, North Carolina
2. Access the Library of Congress library catalog at http://catalog.loc.gov and read the Basic Search Tips. Then, find the information to answer the question. What is the page count on the 2001 edition of the book The Life of Pi?
A. 319
B. 417
C. 375
D. 340
3. Access the Library of Congress library catalog at http://catalog.loc.gov and read the Basic Search Tips. Then, find the information to answer the question. Who is listed as the publisher for the individual books in the Sookie Stackhouse series by Charlaine Harris?
A. Ace
B. Penguin
C. McGraw Hill
D. Harcourt
1. Which one of the following sections of EDSeek is most helpful in providing possible keywords related
to your topic?
A. Browse Publications
B. Subject Guide Search
C. Home
D. Help
2. Using the Internet and the search skills you’ve learned in Information Literacy, answer the following question. You may wish to use search engines, meta-search engines, or virtual reference collections discussed in the study unit. When did the U.S. purchase Alaska and how much did it cost?
A. 1867, $7.2 million
B. 1959, $7.2 billion
C. 1912, $7.2 million
D. 1967, $7.2 billion
3. Use the World Factbook through the Virtual Reference Room to determine which of the following is
listed as an official language of Canada.
A. Canadian
B. German
C. Spanish
D. French
1. for each of the following independent situations, determine: (a) whether the bonds sold at face (maturity) value, at a premium (more than face value), at a discount (less than face value), and (b) whether interest expense recognized each year for the bonds was less then, equal to or greater than the amount of interest paid on the bonds.
a. The bonds with a stated rate of 8% were sold to yield an effective rate of 9%.
b. The bonds with a stated rate of 12% were sold to yield an effective rate of 9%.
c. The bonds with a stated rate of 9% were sold to yield an effective rate of 9%.
2. For each of the situations that follow, determine whether a liability should be reported on the balance sheet. If a liability should be reported, suggest an account name and indicate whether it should be reported as a current liability or as a long term liability. If no liability should be reported indicate why.
a. The last installment payment on a three year note payable is due next month.
b. Specialized production machinery has been acquired under a capital lease.
c. A $14 million lawsuit has been filed by a customer who claims injury from one of the company’s products.
d. The labor services of employees have been consumed but not paid for yet. Payment is not anticipated until the next regular payday in two weeks.
e. A 20 year issue of bonds has been outstanding for 19 years and is expected to be repaid in cash at its maturity date.
f. The company has signed a contract promising to buy $600,000 worth of merchandise during the coming year.
3. Fast Start Corporation manufactures automobile ignitions. Selected portions of the company’s recent financial statements are given on the following page.
a. What was fast starts total contributed capital at year end?
b. How many shares of common stock were outstanding at year end?
c. What dollar amount of treasury stock did fast start hold at year end?
d. What dollar amount of treasury stock did fast start repurchase during the year? How much common stock did the company issue?
e. What was the amount of dividends paid during the year?
f. How much cash flow came from financing activities associated with shareholders equity during the current year, excluding the effect of net income? What were the sources of the cash flow?
g. How much net income came from financing activities associated with shareholders equity during the current year?
P9-3
ISSUANCE AND AMORTIZATION OF BONDS
Sky king Company sold $9 million of four-year,8% debentures on July 1, 2007. The bonds sold to yeld a real of 7%. Interest is paid annually on June 30.
Required:
a. Determine the price of the bonds.
b. Prepare an amortization schedule for the bonds.
c. Using the format presented in this chapter, record the entry to the accounting system that is necessary to recognize interest on the bonds at June 30, 2008.
d. assume the bonds had been sold to yield a real rate of 9%. At what price would they have sold?
P9-5 ETHICAL ISSUES RELATED TO DEBT
Ethan Jones is an investment broker. Recently he contacted potential investors and offered to sell them bonds that were paying an 8% annual rate of interest. He noted that the bonds were paying a much higher return than other investment and that similar bonds were selling at a real of 6% interest. The bonds had a 10-year maturity and paid interest but later were concerned to learn that the maturity value of $1,000 per bonds was considerably less than the $1,350 they had paid for each bonds.
Reuried:
Compare the price of the bonds sold by Ethan to bonds yielding a real rate of 6%. What was the approximate real rate of return earned by the investors? Did they have a right to be concerned about their investments? Do you see any ethical problems with Ethan’s sales pitch?
P9-7 CHOOSING BETWEEN FINANCING OPTIONS
Careful Electric Company is planning to purchase equipment for one of its generating plants. Dealer A has offered to sell the equipment at a total cost of $2 million, including installation. This dealer requires a 6% return and is willing to spread the payments over a 10-year period. Payment are to be made at the end of each year in equal installments.
Dealer B is askng $1.8 million for the same wquipment and will charge an additional $50,000 for installation, to be paid when the equipment is delivered. Payments can be spread over 10 year, made at the end of each year. This dealer requires an 8% return.
Required:
a. Calculate the amount of the annual payment required by each dealer. Rounded to nearest whole dollar.
b. . Determine the projected total cash outflow under each option.
c. If careful could pay cash for the new equipment, how much money (interest) would it save under each option?
d. Which option should be chosen?
e. Assume the equipment is acquired using the financing offered by Dealer A. How will the financing activities section of the statement of cash flows be affected by these transactions in the first year?
1. A method of locating bugs in a JavaScript program is to transform lines that you think may be causing problems into:
trace routes
write( ) or writeln( ) modules
comments
functions
2. Which of the following if statements is logically incorrect?
if (number1 < 5)
document.write(number1);
if (number2 <= 5) ;
document.write(number2);
if (number3 > 5)
document.write(number3);
if (number4 < 5) {
document.write(number4);}
3. In Script Debugger, what command allows you to skip function calls?
Step Into
Step Over
Break Out
Skip Over
4. In Script Debugger, a breakpoint is a statement in the code at which program execution enters what mode?
pause
step out
break
debugging
5. In JavaScript, what is the examination of individual statements in an executing program called?
commenting
tracing
debugging
trace.route
6. The creation of an infinite loop is an example of a(n) _____ error.
syntax
logic
run-time
scripting
7. In Script Debugger, what command can end a debugging session without executing the rest of the program?
Step Out
Run
Stop Debugging
Break
8. In JavaScript, _____ errors are problems in the design of a program that prevent it from running as you anticipate it will run.
syntax
logic
run-time
scripting
9. In Script Debugger, what command ends the debugging session and executes the rest of the program normally?
Break
Run
Stop Debugging
Step Out
10. In Script Debugger, what command executes an individual line of code and then pauses until you instruct the debugger to continue?
Run
Step Over
Step Into
Step Pause
1. The cause of an error in a particular statement is often the result of an error in _____ of code.
the preceding line
the next module
a preceding module
the next line
2. Which of the following statements causes a syntax error?
myDate = new Date( ) ;
return true;
document.writln(“this is a test”) ;
window.alert(“this is a test”) ;
3. In Script Debugger, what command executes all remaining code in the current function?
Step Out
Run
Step Into
Step Over
4. Consider the following function, which causes an error because it is missing both the opening and the closing braces ({ }) . What type of error is this?
function missingClosingBrace()
var message = “A missing closing brace.”;
window.alert(message) ;
syntax
debugging
logic
run-time
5. In the following line of code the writeln( ) method attempts to print the contents of a variable named messageVar. If the messageVar variable is not declared what type of error will occur?
document.writeln(messageVar);
syntax
debugging
logic
run-time
6. What is the term that refers to the order in which procedures, such as functions, methods, or event handlers, execute in a program?
stack call
stack window
window script stack
call stack
7. In JavaScript, _____ errors occur when the interpreter fails to recognize code.
logic
syntax
compiling
debugging
8. Form text fields only store data in the form of _____.
text strings and numeric values
text strings
numeric values
Boolean values
9. Which statement correctly appends a query string stored in savedData to a URL?
top.location.href = RegistrationForm.html + “?” + savedData;
top.location.href = “https://www.homeworkmarket.com/content/RegistrationForm.html” + “?” + savedData;
top.location.href = “https://www.homeworkmarket.com/content/RegistrationForm.html” + savedData;
top.location.href = “https://www.homeworkmarket.com/content/RegistrationForm.html + ? + savedData”;
10. Each individual server or domain can store a maximum of _____ cookies on a user’s computer.
30
20
300
200
1. Which function best handles reading special characters that are included in a cookie?
encodeURI( )
decodeURI( )
escape( )
unescape( )
2. All of the following are attributes of the cookie property except:
expires
path
domain
href
3. The secure attribute of the cookie property holds :
a value of 0 or 1
a value of “Yes” or “No”
a Boolean value of true or false
a value of “HTTP” or “HTTPS”
4. Assigning a new value to the cookie property:
replaces the last value
replaces the last value only if the browser cookie limit will be exceeded
builds a list of cookies
None of the above
5. All literal strings and string variables in JavaScript are represented by the _____ object.
Text
Data
Char
String
6. Which of the following is a method of the String object that will return the position number in a string of the first character in the text argument?
lastIndexOf( )
firstIndexOf( )
index( )
indexOf( )
7. When a query string is passed from one Web page to another, it is assigned to the _____ property of the Location object.
search
history
URL
link
8. By default, a cookie is available to all Web pages _____.
in the same directory
on the same computer
on the same server
on the same network
9. To remove the question mark at the start of the query string use the:
substring( ) method
string( ) method
charAt( ) method
toString( ) method
10. You have stored data that will be needed in a calculation in a form text field. What do you need to do before the data can be used in a calculation?
Use the parseInt( ) function to convert the text field to an integer.
Use the parseNum( ) function to convert the text field to an integer.
Use the ConvertInt( ) function to convert the text field to an integer.
It is not necessary to convert the data. JavaScript handles this automatically.
