Problem Library

DISCIPLINEAdd Filter »Collapse »
35 Biological Sciences 1 Biotechnology 11 Chemistry 9 Accounting 1 Aviation Science 1 Business Administration 3 Chemistry and Biochemistry 3 Composition and Rhetoric 3 Economics 7 Education 5 English 3 Environmental Science 4 Faculty Development 2 Finance 1 Food and Resource Economics 1 Foreign Languages 2 Geography 1 Mechanical Engineering 1 Medical Education 1 Multidisciplinary 5 Nutrition 4 Nutrition and Dietetics 10 Physics and Astronomy 1 Plant and Soil Sciences 3 Political Science 7 Psychology 1 Public Policy 1 Research Design 1 Science Education 1 Sociology 1 Statistics 2 Women’s Studies
LENGTHAdd Filter »Collapse »
18 1 Hour or Less 40 1-3 Hours 36 3-6 hours 22 6+ Hours
LEVELAdd Filter »Collapse »
13 Advanced (majors) 1 Any 22 Intermediate (majors and non-majors) 20 Intermediate (majors) 5 Intermediate (non-majors) 53 Introductory 1 Introductory (high school or college) 17 Introductory (majors and non-majors) 11 Introductory (majors) 1 Introductory (middle grade, gifted) 16 Introductory (non-majors) 1 Introductory (professors and teachers) 1 Introductory (science majors) 1 Introductory (variety of audiences) 2 Introductory (workshop participants)

Where is That Long-Term Debt Program for Big Moo?

Length: 1-3 Hours

Discipline: Accounting

Level: Intermediate (majors)

Author: Hansen, James

With this long-term debt problem, students will identify the types of evidence that they need and where they can get them (knowledge) to form an opinion about LTD. They will then need to determine the objectives and procedures for auditing LTD (knowledge and comprehension). Next, they will audit LTD using evidence provided by the client and others (provided by the instructor) and by following the procedures previously determined (application, and analysis). Finally, the students will reach a conclusion about the fairness of LTD (evaluation). With this problem, students need to use knowledge, comprehension, application, and the higher-order thinking skills of analysis and evaluation.

Download Document (.zip)

Return to Library