Barbara Carper introduced ways of knowing in 1978 and the description involves intuitive, empirical, ethical, and esthetic knowing. All revolving around learned knowledge and gut feelings.

Discussion questions

Examine your own intuitive process and describe your ways of knowing. Give examples of intuitive moments

2.516 g of a compound containing carbon, hydrogen and oxygen (C_XH_YO_Z) is subjected to combustion analysis.

The results show that 3.082 g of CO₂ and 2.705 g of H₂O were produced.

What is the empirical formula for the compound?

If the molecular weight of the compound is 160.2 g/mol, what is the molecular formula of the compound?   

The compound known as butylated hydroxytoluene, abbreviated as BHT, contains carbon, hydrogen, and oxygen. A 1.126 g sample of BHT was combusted in an oxygen rich environment to produce 3.373 g of CO2(g) and 1.105 g of H2O(g). Insert subscripts below to appropriately display the empirical formula of BHT.

Data show that an average Canadian and American citizen hold CA$2000 and US$4000 of their currency respectively. Since money is bulky, it can be stolen, pays no interest and in general we do not see our fellow Canadians holding $2000 in their pockets, where are these dollars and who is holding them?

Suppose the incidence rate of myocardial infarction (MI)
was 5 per 1000 among 45- to 54-year-old men in 2000.
To look at changes in incidence over time, 5000 men in this
age group were followed for 1 year starting in 2010. Fifteen
new cases of MI were found.

7.12 Using the critical-value method with α = .05, test the
hypothesis that incidence rates of MI changed from 2000
to 2010.

7.13 Report a p-value to correspond to your answer to
Problem 7.12.

Suppose that 25% of patients with MI in 2000 died within
24 hours. This proportion is called the 24-hour case-fatality
rate.

7.14 Of the 15 new MI cases in the preceding study,
5 died within 24 hours. Test whether the 24-hour case fatality
rate changed from 2000 to 2010.

7.15 Suppose we eventually plan to accumulate 50 MI
cases during the period 2010–2015. Assume that the
24-hour case-fatality rate is truly 20% during this period.
How much power would such a study have in distinguishing
between case-fatality rates in 2000 and 2010–2015

Extracts of the Statement of Comprehensive Income for the year ended 31 December 2018 and
the Statement of Financial Position as at 31 December 2018 are given below for two companies
viz. Amazon Limited and Gibson

Extract of the Statement of Comprehensive Income for the year ended 31 December 2018:

Extract of the Statement of Financial Position as at 31 December 2018:

Additional Information:                                                                                                           

• Inventories as at 31 December 2017 are as follows:                                                

Amazon Limited          R800 000                                                                                           

Gibson Limited            R230 000                                                                               

• All sales and purchases of inventories are on credit.

Required:

Compare the performance of Amazon Limited and Gibson Limited (both in same industry) with regard to the following ratios and in each case state your observations:

4.1.      The ability of each company to repay its short term debts without relying on sale of its inventories.                                                                                                                                    (6)

4.2.      The return earned by shareholders on their investment.                                                       (6)

4.3.      The operational effectiveness of each company before considering interest income, interest expense and income tax.                                                                                                          (6)

4.4.      The effectiveness with which the goods for sale have been managed.                                (6)

4.5.      An evaluation of each company’s performance with regard to the management of its trade creditors.

1. A donor, Jill Brown, puts an entry into her last will and testament to leave Miss University in Mississippi $15,000,000 on October 10, 2018 to be used to pay for a new classroom building named after her late husband, Billy Brown. The university was immediately informed of this bequest by the donor's attorney on October 21, 2018. The donor dies on January 2, 2019. The university receives the check for the bequest on May 4, 2019. The classroom building planning and construction began December 3, 2019 and was placed into operation in January 2, 2021. When should the $15,000,000 bequest be recognized by Miss University?

A. October 21, 2018.

B. January 2, 2019.

C. May 4, 2019.

D. January 2, 2021.

2. A donor pledges $100,000 on December 15, 2018 to be paid in one amount to Columbia University. No donor restrictions were applied. The contribution is to be received four years from the pledge. If the present value of $1 at 3 percent is 0.8885, the journal entry to record the pledge would include: A. Debiting contributions receivable, $88,850. B. Crediting contributions—with donor restrictions, $100,000. C. Crediting discount of pledges, $11,150. D. Debiting net assets—without donor restrictions, $100,000 3. Cathleen Hallmark, president of the save-the-professor foundation, a non-for-profit, spends 80 percent of her time on presidential and board-related duties, which half of that time is also spent fundraising. She spends the remaining 20 percent of her time working on mission-oriented activities. On the statement of activities, Cathleen Hallmark's salary and benefits:

A. Should all be recognized as management and general expenses.

B. Should be subdivided as half in fundraising and half in management and general expenses.

C. Should be subdivided as 20 percent in program expenses, 40 percent in management and general, with the remainder in fundraising expenses.

D. Should never be allocated to program expenses.

3. Cathleen Hallmark, president of the save-the-professor foundation, a non-for-profit, spends 80 percent

of her time on presidential and board-related duties, which half of that time is also spent fundraising. She

spends the remaining 20 percent of her time working on mission-oriented activities. On the statement of

activities, Cathleen Hallmark's salary and benefits:

A. Should all be recognized as management and general expenses.

B. Should be subdivided as half in fundraising and half in management and general expenses.

C. Should be subdivided as 20 percent in program expenses, 40 percent in management and general, with

the remainder in fundraising expenses.

D. Should never be allocated to program expenses.

If you were designing your distributed database system to maximize system availability, you would use:

Subject: Accounting information system/Resource event agent(REA)

Question: Briefly explain how the REA system replaces the need for journals and ledgers and is still able to provide the data for an accounting database.

Although database systems have become the system of choice for new and reengineered systems, are there any situations where a traditional file based system might be chosen instead? Explain your answer with examples.