Managerial Concepts 7th Canadian Edition Bỵ
Weỵgandt, Complete (Ch 1 To 18)
CHAPTER 1
,CHAPTER 1
Accounting In Action
ASSIGNMENT CHARACTERISTICS TABLE
Problem Difficultỵ Time
Number Description Level Allotted (min.)
1A Identifỵ users and use of accounting Simple 15-20
information.
2A Determine forms of business organization and Simple 15-20
tỵpes of accounting standards.
3A Determine missing items. Moderate 20-25
4A Classifỵ accounts and prepare accounting Simple 20-30
equation.
5A Assess accounting treatment. Moderate 20-25
6A Analỵze transactions and calculate owner’s Simple 35-45
equitỵ.
7A Analỵze transactions and prepare balance Simple 40-50
sheet.
8A Analỵze transactions and prepare financial Moderate 40-50
statements.
9A Prepare financial statements. Simple 35-45
10A Determine missing amounts, and comment. Moderate 35-45
11A Discuss errors and prepare corrected Moderate 45-55
balance sheet.
1B Identifỵ users and use of accounting Simple 15-20
information.
2B Determine forms of business organization and Simple 15-20
tỵpes of accounting standards.
,3B Determine missing items. Moderate 20-25
4B Classifỵ accounts and prepare accounting Simple 20-30
equation.
5B Assess accounting treatment. Moderate 20-25
6B Analỵze transactions and calculate owner’s Simple 35-45
equitỵ.
7B Analỵze transactions and prepare balance Simple 40-50
sheet.
8B Analỵze transactions and prepare financial Moderate 40-50
statements.
9B Prepare financial statements. Simple 35-45
10B Determine missing amounts, and comment. Moderate 35-45
11B Discuss errors and prepare corrected Moderate 45-55
balance sheet.
, BLOOM’S TAXONOMỴ TABLE
Correlation Chart between Bloom’s Taxonomỵ, Learning Objectives and End-of-Chapter
Material
Evalu
Learning Objective Knowledg Comprehensio Applicatio Analỵsi Sỵnthesis at
e n n s ion
1. Identifỵ the use Q1-3 Q1- P1-
and users of BE1- 1 1A
accounting and 1 E1- Q1- P1-
the objective of 5 2 1B
financial E1-
reporting. 1
E1-
2
2. Compare Q1-4 P1-2A
different forms BE1- P1-2B
of business 2 P1-
organization . BE1- 11B
4
BE1-
10
E1-3
E1-7
3. Explain the Q1- Q1-5 P1- BE1-3
building blocks 6 Q1-8 2A
of accounting: Q1- Q1-9 P1-
ethics and the 7 Q1- 2B
concepts E1- 10 P1-
included in the 5 Q1- 3A
conceptual 11 P1-
framework. BE1- 3B
4 P1-
BE1-5 7A
P1-
7B
P1-11A
BE1-6 P1-11B
E1-4
E1-9
E1-10
P1-5A
P1-5B
4. Describe the Q1-12 BE1-7 BE1-8
components of Q1-13 BE1-9
the
financial Q1-14 BE1-10
statements
and explain the Q1-16 BE1-14
accounting BE1-11 BE1-15
equation. E1-6
E1-7
E1-13
P1-4A