SOLUTIONS MANUAL for Understanding Financial Accounting, 3rd Canadian Edition, by Christopher D. Burnley.
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Course
Institution
Cambridge University (CAM)
CHAPTER 1 Overview of Corporate Financial Reporting CHAPTER 2 Analyzing Trans action s and Their Effects on Financial Statement CHAPTER 3 Double-Entry Accounting and the Accounting Cycle CHAPTER 4 Revenue Recognition and the Statement of Income CHAPTER 5 The Statement of Cash Flows CHAPTER 6 Cash a...
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, Burnley, Understanding Financial Accounting, Third Canadian Edition
Summary of Questions by Learning Objectives and Bloom’s Taxonomy
Item LO BT Item LO BT Item LO BT Item LO BT Item LO BT
Discussion Questions
1. 1 K 6. 2 C 11. 5 C 16. 4 C 21. 5 C
2. 3 K 7. 2 C 12. 4 C 17. 4 C 22. 5 C
3. 3 C 8. 2 C 13. 4 C 18. 5 C 23 5 C
4. 3 C 9. 2 C 14. 4 C 19. 5 C
5. 2 C 10. 4 C 15. 4 C 20. 5 C
Application Problems
1. 4 C 4. 5 C 7. 5 AP 10. 5 AP 13. 5 AP
2. 4 C 5. 5 AP 8. 5 AP 11. 5 AP 14. 5 AP
3. 4 AP 6. 5 AP 9. 5 AP 12. 5 AP 15. 5 AP
User Perspective Problems
1. 2 C 2. 2 C 3. 3 C 4. 2 C 5. 2 C
Work in Process
1. 5 C 3. 5 C 5. 5 C
2. 5 C 4. 5 C 6. 5 C
Reading and Interpreting Published Financial Statements
1. 5 AN 3. 5 AN 5. 2,5 C
2. 5 AN 4. 5 AN 6. 5 AN
Cases
1. 2 C
, Burnley, Understanding Financial Accounting, Third Canadian Edition
Legend: The following abbreviations will appear throughout the solutions
manual file.
LO Learning objective
Bloom's
BT Taxonomy
K Knowledge
C Comprehension
AP Application
AN Analysis
S Synthesis
E Evaluation
Difficulty: Level of difficulty
E Easy
M Medium
H Hard
Time: Estimated time to complete in minutes
AACSB Association to Advance Collegiate Schools of Business
Communication Communication
Ethics Ethics
Analytic Analytic
Tech. Technology
Diversity Diversity
Reflec. Thinking Reflective Thinking
CPA CM CPA Canada Competency Map
Ethics Professional and Ethical Behaviour
PS and DM Problem-Solving and Decision-Making
Comm. Communication
Self-Mgt. Self-Management
Team & Lead Teamwork and Leadership
Reporting Financial Reporting
Stat. & Gov. Strategy and Governance
Mgt. Accounting Management Accounting
Audit Audit and Assurance
Finance Finance
Tax Taxation
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