ACCOUNTING EXAM 2 STUDY GUIDE Chapter 5 1. Know the following terms: merchandise inventory‚ sales‚ sales returns and allowances‚ sales discounts‚ net sales‚ cost of merchandise sold‚ gross profit‚ operating expenses‚ operating cycle‚ purchase discounts‚ purchase returns and allowances‚ FOB shipping point‚ FOB destination‚ and inventory shrinkage. 2. Be able to prepare a multiple step income statement. 3. Be able to prepare the journal entries for the seller and buyer including
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Clay Robinson Chapter Study Questions Chapter One: The Social‚ Economic‚ Ecological‚ and Political Systems of Texas 1 What percentage of Texans live in urban areas (cities & suburbs)? 2 75% 2 Name the three cities in Texas that are three of the largest in US? 2 Houston‚ San Antonio‚ Dallas 3 What are the three diverse economic businesses in Texas? 4 Oil and gas producer now work alongside high-tech companies‚ telecommunications giants‚ and other important business sectors. 4
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Adam Martin M1- Analyse different types of business information and their sources. Merseytravel uses a lot of different communications to communicate with people‚ which includes; verbal‚ written‚ on-screen‚ multimedia and web-based communication. Using these five different types of communications‚ Merseytravel can communicate with other people using different ways to communicate which includes technology and face-to-face. Verbal Communication in Merseytravel Verbal
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IS589: Networking Concepts and Applications Textbook Questions Chapter 1 March 09‚ 2014 Chapter 1: Question 7‚ 14‚ and 17 Question 7. How do local area networks (LANs) differ from metropolitan area networks (MANs)‚ wide area networks (WANs)‚ and backbone networks (BNs)? Most LAN’s are connected to (BNs) backbone networks that connect multiple LAN’s‚ BN’s‚ MAN’s and WAN’s and can range in size and distance from several hundreds of feet to miles and can have data transmission speed ranging
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Legal Environment of Business Chapter 2 Assignment Questions for Review and Discussion 5. Statutory laws are passed by either the state or federal legislature. Federal statues must be signed by the president of the United States While‚ state statues must be signed by the governor. Statutory law must be followed by everyone unless considered un-constitutional by the Supreme Court. 7. Common laws are similar to morals. When there are no laws or statues that relate specifically to a case‚ the
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M1: ANALYZE THE DIFFERENT TYPES OF BUSINESS INFORMATION AND THEIR SOURCES WHICH YOU HAVE DESCRIBED FOR P1 INTRODUCTION In P1 i talked about types of communications used by Tesco and these are Verbal‚ written‚ on- screen‚ web-based‚ multimedia. In this task I am going to show you the advantages and disadvantages of each type of communication referring it to my chosen company and that is Tesco. VERBAL ADVANTAGE It’s easier to communicate verbally than any other way because you get to understand
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mistreatment with the other person. In the abuse situation‚ the person has the high authority treats negatively with the person which has the lower authority (Larimer 2013 p.47). Types of Abuse There are several types of abuse. Some of the most important types of abuse are as follows: Abuse of authority In this type of abuse‚ the political leaders are involved in the political corruption and use the authorised powers in order for their private gain. Abuse
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main types of businesses in America. These five types of businesses are Sole Proprietorship‚ Limited Liability Company‚ Cooperative‚ Corporation‚ and Partnership. Each type of business effects the government and economy in several different ways; either working to better the economy and government or working against it. The way each business works is quite similar‚ they all work together to accomplish the same goal; to make a successful‚ plentiful business worth a lot of money. The first type of
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ee Business Information Systems TABLE OF CONTENTS Page 1 & 2………………………………………………………………………… Purpose and Scope of TPS‚ MIS‚ DSS‚ ESS and ERP Page 3………………………………………………………………………………… Business Value of a DSS Use of ERP to Major Corporation Page 4 & 5…………………………………………………………………………………. How ESS Supports Managerial Decision Making Components of Information System Reference Purpose and Scope
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Chapter 2 Review Questions 10-18 (page 79) 10. List and define the basic organizational structures. Organizational structure is organizational subunits and the way they relate to the overall organization. The types of organizational structures normally include the following: Traditional Organizational Structure Also called “hierarchical structure” – which is like a managerial pyramid where the hierarchy of decision making and authority flows from the strategic management at the top down to
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