Exhibit 55
Use the Information Below for the Following Problem(S)

question 29

Multiple Choice

Exhibit 5.5
Use the Information Below for the Following Problem(S)
$$\begin{array} { c c c c c } \text { Stack } & \begin{array} { c } \text { 31-Dec-03 } \\\text { Price }\end{array} & \begin{array} { c } \text { 31-Dec-03 } \\\text { Shares }\end{array} & \begin{array} { c } \text { 31-Dec-04 } \\\text { Price }\end{array} & \begin{array} { c } \text { S1-Dec-04 } \\\text { Shares }\end{array} \\\hline W & \$ 75.00 & 10000 & \$ 50.00 & 20000 \\X & \$ 150.00 & 5000 & \$ 65.00 & 10000 \\Y & \$ 2500 & 20000 & \$ 35.00 & 20000 \\Z & \$ 20.00 & 25000 & \$ 50.00 & 25000\end{array}$$
Stocks W and X had 2 for 1 splits after the close on Dec 31, 2003.
-Refer to Exhibit 5.5.Calculate the percentage return in the value weighted index for the period Dec 31,2003 to Dec 31,2004.

• A) 12.68%
• B) 20.00%
• C) 21.76%
• D) 33.33%
• E) 40.00%

Recognize the factors influencing a private company's decision to report under IFRS in Canada.

Distinguish between the financial reporting choices available to private enterprises in Canada.

Understand the assumptions underlying accounting principles such as the Historical Cost Principle.

Comprehend the definition and classification of different entities (public, private) under Canadian GAAP and their reporting requirements.

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Definitions:

Internal Control

A process, effected by an entity's board of directors, management and other personnel, designed to provide reasonable assurance regarding the achievement of objectives in effectiveness and efficiency, financial reporting, and compliance with laws and regulations.

Less Burnout

A reduced state of physical, emotional, and mental exhaustion related to stress and overload at work, contributing to higher job satisfaction and well-being.

High Degree

An advanced level of academic achievement, typically a master's or doctorate degree.

Work-family Conflict

The tension that arises when the demands of work and family roles are incompatible in some manner, making it difficult to fulfill both roles effectively.