1st Semester AY 2023-2024

Intermediate Accounting II
Final Examination

TABLE OF SPECIFICATION
 No. of Weight LEVELS of EDUCATIONAL OBJECTIVE No. of
Content Objective Item Location
hrs. (%) Remembering Understanding Applying Analyzing Evaluating Creating items
 Understand the
concepts of Depletion.
 Develop the ability to
Depletion 6 12% 2 3 3 8 1-5, 46-48
compute depletion
rates and
expenditures.
 Understand and
appreciate the
Revaluation 5 10% 2 3 2 7 6-10, 49-50
concepts in
revaluation.
 Discuss impairment of
assets.
 Identify the
Impairment 5 10% 2 3 2 7 11-15, 51-52
measurement and
recognition of
impairment of assets.
 Define intangible
assets.
Intangible assets  Properly recognize 5 10% 2 3 1 1 7 16-20, 53-54
and measure
intangible assets.
 Discuss the
importance of
research and
Research and Development development cost.
5 10% 2 3 1 1 7 21-25, 55-56
Cost  Define the different
terminologies used in
Research &
Development.
 Discuss the concepts
of liabilities.
 Explain the accounting
and recording of
accrued liabilities and
deferred revenues.
Current liabilities (Premiums,  Explain the proper 26-38, 41, 44-
18 30% 8 8 1 3 20
Warranties, Contingencies) accounting for 45 57-60
provision and
contingent liability.
 Classify properly the
liabilities on the
statement of financial
position.
 Discuss and explain
the concepts,
principles and issues
on bonds payable.
Bonds Payable  Identify the different 2 4% 1 2 3 42, 65-66
types of bonds.
Prepared by: Reviewed by: Approved by:

ANTHONY CEASAR F. ZAMBALE, CPA, MBA

REYMOND I. DOMINGO, CPA, MBA, MSA ANTONIA JOSEFA A. TAGUINOD, MBM
RACHELLE ANNE D. GUINUCUD, CPA, MBA

JIVANI S. NICOBESA, CPA

Course Professors Course Coordinator College Dean
Date: Date: Date: