Final Study Guide Intro to Advertising Parts/Elements of Advertising: 1. Headline – the promise of the benefit 2. Subhead – (optional) spelling out the promise 3. Amplification – emphasizes the product/service 4. Proof of claim – something that validates the product/service 5. Action to take – incase it’s not obvious… Media planner – reach the target market in the most cost effective way possible Media buyer – negotiate a specific media placement‚ and monitoring CPM – Cost
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Bio Biology 105 Final Study Guide QUIZ 1: SCIENCE 1. What is science? a. A way of knowing about the natural world using a process designed to reduce the chance of being misled 2. List the 8 steps for the process of science: b. Observation: c. Question: d. Literature review: e. Multiple hypotheses: f. Deductions: g. Tests: h. Tentative conclusions: i. Peer review: 3. 3 rules of science: j. maximize sample size
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The Financial Accounting Standards Board employs a "due process" system which (Points: 5) has all CPAs in the United States vote on a new Statement. enables interested parties to express their views on issues under consideration. identifies the accounting issues that are the most important. requires that all accountants receive a copy of financial standards. 2. (TCO A) The IASB: (Points: 5) governs accounting standards in the U.S. is working on a convergence project with the FASB. sets the
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ACCT1501 ACCOUNTING & FINANCIAL MANAGEMENT 1A SEMESTER 1 2008 COURSE NOTES Last Revised: 13th August 2008. kaheiyeh.web.officelive.com Contents Page 3: The Nature of Accounting Page 5: The Balance Sheet & Transaction Analysis Page 8: The Income Statement & Transaction Analysis Page 13: Financial Reporting Principles Page 18: Adjustment to Accounting Entries Page 23: Completing the Accounting Cycle Page 26: Accounting for Cash Holdings & Receivables Page 30: Accounting for Inventory Page 37:
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Limitations of Financial Accounting: Financial accounting is the only branch of accounting and it is not perfect. There are large numbers of limitations which open new way to use other tools of accounting. To know what are the main limitations of financial accounting. It is very necessary for accountants. Accountants are often blind to these limitations. So‚ I am covering its limitation a lot of ground. Read below and understand:- 1. Financial accounting is of historical nature Net effect
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• Accounting is the system that measures business activities and process information into reports. • Accountant maintain‚ audit and prepare financial records for a person or a company. • Main careers in accounting - bookkeeper‚ auditor‚ financial advisor‚ taxation‚ carbon accountant and accountant etc… • Bookkeeping is recording financial recorders and summaries of financial transaction. Accounting is measuring business activities and process information into reports. • Main professional accounting
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Financial accounting is one kind of accounting different from the management accounting in the accounting system. As management accounting is for “internal” whereas financial accounting is for “external”. The following is a detailed explanation and analysis of the major objective and role of financial accounting. The purpose of financial accounting is to measure the performance of the entity and therefore provides the financial information to different stakeholders. Stakeholders will have their
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Though we often think of the field of accounting as a single discipline‚ there are‚ in fact‚ several specialties that are practiced. These include financial accounting‚ managerial accounting‚ tax accounting‚ cost accounting‚ international accounting and social accounting‚ among others. Of these‚ the former two classes of accounting are the most common. This paper will explore the key differences between financial and managerial accounting and discuss some of the standards of ethical conduct placed
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evaluate the industry‚ analyze general environment if needed Draw strategic implications of analysis result‚ so what?... Provide conclusion to the industry analysis to show what it all means Five forces model (section 2) Who are the buyers? Includes final consumers as well as other distribution channels (retail stores) * DRAW STRATEGIC IMPLICATIONS..SO WHAT? INTERNAL ANALYSIS Value chain (section 3) Do not just summarize what they are doing‚ but also state their strengths and weaknesses accordingly
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| | Retained earnings at December 31‚ 2012 | 25‚000 | What was the economic effect of the payment of Raymond’s dividends? a. | The dividend reduced net income for 2012. | b. | The dividend should be equal to net income if the company’s accounting equation is in balance. | c. | The dividends reduce total retained earnings for the year. | d. | The dividends must be paid whenever Raymond Corp. reports net income. | __B__ 2. If a company has $152‚000 of revenues‚ declares and pays $55
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