Chapter 3-1 The Accounting Information System Chapter 3-2 Financial Accounting‚ Fifth Edition Study Objectives 1. Analyze the effect of business transactions on the basic accounting equation. 2. Explain what an account is and how it helps in the recording process. 3. Define debits and credits and explain how they are used to record business transactions transactions. 4. Identify the basic steps in the recording process. 5. Explain what a journal is and
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The basic principles of an accounting information system include all of the following except | | | Student Answer: | | cost effectiveness. (Cost effectiveness is one of the basic principles of accounting information systems.) | | | | flexibility. (Flexibility is one of the basic principles of accounting information systems.) | | | | useful output. (Useful output is one of the basic principles of accounting information systems.) | | | | periodicity. (Correct! Periodicity
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UNIVERSITI TUNKU ABDUL RAHMAN ACADEMIC YEAR 2013 / 2014 FHEL 1012 English for Academic Study _____________________________________________________________________________________ WORKSHEET LECTURE 4 Task 1: Read and identify the common theme shared by the articles below. Then‚ list the possible focus of writing using these articles. Article 1 In the summer of 2012‚ Steve Fan suspended his graduate studies at Stanford University and headed back to China‚ which he had left four years earlier. The
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CS113 Academic Strategies for the Business Professional Unit 4 Critical Thinking - Research & Evaluation of Sources ------------------------------------------------- Full Name: Deanna Nardone Two-digit Section #: 01 ------------------------------------------------- Instructions: Download this document to your computer before filling it out. Save using SAVE AS and add your name to the front removing the phrase “YourName” All of the gray boxes below should
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SMART Goals Part A: Reflect on your results from the Career Interest Profiler Activity and the Career Plan Building Activity: Competencies. Building on your strengths and weaknesses‚ create five SMART goals to help you with your personal academic and career journey. Resource: University of Phoenix Material: Goal Setting Example: Take a writing workshop in the next 2 to 3 weeks to help me improve my writing skills in order to successfully communicate with others. 1. Earn My Bachelor’s
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Academic Vocabulary 1. Abbreviate: to reduce by leaving out letters so shortened form can represent a word or phrase 2. Abstract: summary of a text; thought apart from concrete realities 3. According: agreeing or corresponding 4. Acronym: word formed by initial letters or groups of letters of words in set phrase 5. Address: a speech; direction to intended recipient; place where object is located 6. Affect: to act on‚ produce an effect or change in; feeling or emotion 7. Alter: to change
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Material Goal Setting Worksheet Review this week’s resources (for example SMART criteria‚ and the Career Plan Building Activities). Respond to the following in 50 to 100 words each: 1. Describe one academic goal that you have created using the SMART criteria. How do SMART criteria contribute to your academic goals? One academic goal I’ve created using the SMART criteria is trying to submit all assignments on time. The SMART criteria contributes to my academic goal by teaching me
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The basic accounting concepts have defined the conception of the preparation of financial statements and the process of preparation in the UK is well regulated. But financial accounting requires a fair amount of flexibility in some certain areas‚ so the need of judgements and estimations for accounts preparers is demand. Meanwhile it leaves a significant approach in accounting treatments. For example‚ when organizations decide which of several inventory valuation methods to utilize; managers make
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U. S. Generally Accepted Accounting Principles (U. S. GAAP) and International Financial Reporting Standards (IFRS) There are numerous companies that use different types of accounting standards or rules. International Financial Reporting Standards (IFRS) and U.S. Generally Accepted Accounting Principles the most popularly used by companies. IFRS is a set of accounting standards that provides a global framework for how public companies prepare and disclose their financial statements. The U.S. Generally
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YARMOUK UNIVERSITY FACULTY OF ECONOMICS AND ADMINISTRATION SCIENCES DEPARTMENT OF ACCOUNTING COURSE SYLLABUS FALL SEMESTER 2011/2012 COURSE: Title: ACC471— Accounting Information System Instructor:Dr. Iaad Sartawi Class Time: Section (1) – 8:00-9:00 Sunday‚ Tuesday‚ & Thursday. Section (2) – 10:00-11:00 Sunday‚ Tuesday‚ & Thursday. Section (3) – 8:00-9:30 Monday & Wednesday. Class Room: LAB 104A Office Hours: 11:00-12:00 Sunday‚ Tuesday‚ & Thursday. 9:30-10:30
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