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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
calculate molarity of NaOH solution when 25.0ml of NaOH titrated with 27.2ml of 0.2m H2SO4
the study of the heat energy which is associated with chemical reactions
Kaddija
How was CH4 and o2 was able to produce (Co2)and (H2o
First twenty elements with their valences
what is the best way to define periodic table for jamb
what is the change of matter from one state to another
what is isolation of organic compounds
Read Chapter 6, section 5
Dr
Read Chapter 6, section 5
Kareem
Atomic radius is the radius of the atom and is also called the orbital radius
Kareem
atomic radius is the distance between the nucleus of an atom and its valence shell
Amos
Read Chapter 6, section 5
paulino
Bohr's model of the theory atom
when a gas is compressed why it becomes hot?
ATOMIC
It has no oxygen then
Goldyei
read the chapter on thermochemistry...the sections on "PV" work and the First Law of Thermodynamics should help..
Dr
Which element react with water
an increase in the pressure of a gas results in the decrease of its
definition of the periodic table
what were atoms composed of?
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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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