The President of Northern University Wants to Forecast Student Enrolments

question 131

Multiple Choice

The president of Northern University wants to forecast student enrolments for this academic year based on the following historical data: What is the forecast for this year using a three period moving average?

• A)16,333
• B)17,250
• C)18,000
• D)19,667
• E)21,000

Describe the characteristics and accounting treatments of derivatives and hedges.

Distinguish between the classifications of marketable securities and their reporting requirements.

Account for the changes in fair value of investments and their impacts on financial statements.

Explain the process and impact of purchasing additional shares that change the investment's classification.