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Business Fundamentals was developed by the Global Text Project,
which is working to create open-content electronictextbooks that are freely available on the website
http://globaltext.terry.uga.edu. Distribution is also possible viapaper, CD, DVD, and via this collaboration, through Connexions.
The goal is to make textbooks available to the manywho cannot afford them. For more information on getting
involved with the Global Text Project or Connexions email us atdrexel@uga.edu and dcwill@cnx.org.
Editor: Donald J McCubbrey (Daniels College of Business, University of Denver, USA)
Reviewer: Roger K Baer (CPA, LLC; and Former Partner, Arthur Andersen&Co., USA)
- Explain the difference between financial accounting and managerial accounting. Which one is most important to owner/managers of a start-up organization and why?
- List and give examples of the six basic types of accounts. What are the characteristics of each?
- Why is it important to have a chart of accounts that is tailored to particular types of organizations rather than one chart of accounts that applies to all types of organizations?
- Where can you find sample charts of accounts that apply to your type of organization?
- Explain the advantages of double-entry bookkeeping. Do you agree with Goethe’s description of double-entry bookkeeping as Goethe as "one of the most beautiful discoveries of the human spirit"?
- Please discuss the advantages and disadvantages of using computer software packages for your accounting system.
- What sort of difficulty can you imagine the manager of an organization would be in if the organization did not routinely prepare cash flow forecasts and working capital analyses?
- Why is it important for managers to understand the concept of a break-even point?
- Please give examples of how information from a customer profitability report could be used?
- Why is it important for an organization to prepare and use a budget (or financial plan)?
- Please give examples of alternative scenarios an organization should prepare and how they might be used.
Questions & Answers
(Pcos∅+qsin∅)/(pcos∅-psin∅)
how to answer the activity
how to solve the activity
Chabelita
solve for X,,4^X-6(2^)-16=0
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t he silly nut company makes two mixtures of nuts: mixture a and mixture b. a pound of mixture a contains 12 oz of peanuts, 3 oz of almonds and 1 oz of cashews and sells for $4. a pound of mixture b contains 12 oz of peanuts, 2 oz of almonds and 2 oz of cashews and sells for $5. the company has 1080
If
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3 2 0,
x px qx r
Find the value of
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Parts of a pole were painted red, blue and yellow. 3/5 of the pole was red and 7/8 was painted blue. What part was painted yellow?
Parts of the pole was painted red, blue and yellow. 3 /5 of the pole was red and 7 /8 was painted blue. What part was painted yellow?
Patrick
how I can simplify algebraic expressions
Lairene and Mae are joking that their combined ages equal Sam’s age. If Lairene is twice Mae’s age and Sam is 69 yrs old, what are Lairene’s and Mae’s ages?
lairenea's age is 23yrs
ACKA
Laurene is 46 yrs and Mae is 23 is
Solomon
age does not matter
christopher
solve for X, 4^x-6(2*)-16=0
Alieu
prove`x^3-3x-2cosA=0
(-π<A<=π
create a lesson plan about this lesson
Excusme but what are you wrot?
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Source:
OpenStax, Business fundamentals. OpenStax CNX. Oct 08, 2010 Download for free at http://cnx.org/content/col11227/1.4
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