Just finished my Financial Accounting mid-term exam, a quick 45-minute test of the core concepts and rules of the discipline in Australia. One tough question - how to record the sale/profit of sub-letting a long-term lease for telecommunications infrastructure if it's paid for up front. Several students have come up with very different answers.
Next assessment: an Analysis of my Syndicate's Team Performance (due Wednesday), and then a very imporant mid-term exam (40%) for Managerial Economics on Friday.
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