and finance was over...
and finance was over...
P (kat passes) = . 50
P (kat fails) = 1 - . 50
the basic accounting equation states that:
assets = liabilities + equity
following that logic in preparing a company's cash budget,
if projected assets > projected (liabilities + shareholders' equity), then external financing is needed, either through debt or equity.
however, in a BA 141 exam scenario,
if total points of short and long problems > total points for multiple choice items, then bonus points should account for more than half of the total no. of points.
nonsense.
that's what you get from an almost-four-hour exam, paired with an electricity shutdown, matched with the ceaseless rustling of paper sheets, along with the accompaniment of native instruments heard from across the hustling breeze of the sunken garden.
weeeeeeeeeh! one friggin' exam down.. :D
P (kat passes) = . 50
P (kat fails) = 1 - . 50
the basic accounting equation states that:
assets = liabilities + equity
following that logic in preparing a company's cash budget,
if projected assets > projected (liabilities + shareholders' equity), then external financing is needed, either through debt or equity.
however, in a BA 141 exam scenario,
if total points of short and long problems > total points for multiple choice items, then bonus points should account for more than half of the total no. of points.
nonsense.
that's what you get from an almost-four-hour exam, paired with an electricity shutdown, matched with the ceaseless rustling of paper sheets, along with the accompaniment of native instruments heard from across the hustling breeze of the sunken garden.
weeeeeeeeeh! one friggin' exam down.. :D
posted by kat at 11:02 PM
4 Comments:
hi
virge hear
kat, mali ang logic, you know from accounting that assets= liab + equity,
kaya kapag projected assets> liab + equity
kailangan ng financing, either through debt or equity
pero sa exam, dapat ganito
total exam > multiple choice actual score + actual short problems + actual long problems
therefore, bonus should be the deficiency to get perfect exam, hehe
how cerebral, pero alam ko naman na may poetic license ka, nanggugulo lang, hehe
should be virge here
ladies and gentlemen, i would like to manifest the presence of the honorable virgilio lapuz III... 4th year BS Business Administration and Accountancy student... ang nag-iisang BA118.1 exam passer sa buong batch nila... future CPA board topnotcher, no less. naks! :D
talaga naman.. it is apparent, if not evident, that you're so shocking as to shock the conscience of humanity! hehehe... oh well, tama ka..
bonus points should fill in the deficiency to perfect the exam. hehe.
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