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
Premium Generally Accepted Accounting Principles Finance Management
Prologue Prologue Chapter One Maus 1. The literary device that Spiegelman is using is called a catachresis. 2. Vladek’s response was him questioning if they were his real friends. It shows that Artie and Vladek aren’t that close. 1. We first learned that she committed suicide. 2. Vladek objects because he says that they have many wooden hangers and that wooden hangers are fancier. It’s as if he is trying to impress Artie. 3. Vladek believes that Artie should be drawing
Premium Fiction Selfishness Maus
TP Lesson Number Level of group Number of Ss Minutes 01 Intermediate 20 Lesson Aims (By the end of the lesson Ss will be better able to…) Main aim (systems: pronunciation): By the end of this lesson‚ Ss will be better able to ask personal questions focusing on using stress‚ intonation and tone more accurately Sub aim (skills: speaking): By the end of the lesson‚ Ss will have practiced the phonological features aforementioned and will be more confident and accurate when asking personal
Premium Phonology Meaning of life Question
Chapter 1 THE PROBLEM AND ITS BACKGROUND Introduction Juvenile Delinquency has long been a problem of the Philippine society. The deviant behavior of today’s children was greatly disapprove and has become a great concern of the public. Long ago‚ adults committed crimes. They were charged and convicted accordingly but with the changing world come the change in nature of the crime and the doer of the crime. We know children as innocent. They are vulnerable and they need someone to guide
Premium Crime Juvenile delinquency Criminology
Chapter 1 Lecture Earth: An Introduction to Physical Geology Eleventh Edition An Introduction to Geology Tarbuck and Lutgens © 2014 Pearson Education‚ Inc. The Science of Geology • Geology is the science that pursues an understanding of planet Earth • Physical geology examines Earth materials and seeks to understand the many processes that operate on our planet • Historical geology seeks an understanding of the origin of Earth and its development through time © 2014 Pearson Education‚ Inc
Premium Geology Earth Igneous rock
Chapter 1 H.W. Quiz Questions 1. Data differ from information in which way? b. Information is output‚ and data are input. 2. Which of the following is NOT a characteristic that makes information useful? c. It is inexpensive 3. Which transaction cycle includes interactions between an organization and its suppliers? b. expenditure cycle 4. Which of the following is NOT a means by which information improves decision making? a. increases information overload 5. In the value chain concept‚ upgrading
Premium Economics Expense Factory
Chapter 2 Exercises Solutions Answer to end of chapter questions: 2. The labour force is calculated as the sum of the employed and the unemployed‚ which in this case is 22‚000‚000 + 1‚000‚000 = 23‚000‚000. The labour force participation rate is calculated as the ratio of the labour force to the working age population: 23‚000‚000 / 30‚000‚000 = 77 %. The unemployment rate is calculated as the ratio of the number of unemployed workers to the size of the labour force: 1‚000‚000 / 23‚000‚000 = 4
Premium Consumer theory Supply and demand
CHAPTER 1 OUTLINE “The first job we have is to turn out quality merchandise that consumers will buy and keep on buying. If we produce it efficiently and economically‚ we will earn a profit‚ in which you will share.” - William Cooper Procter Quality assurance ...is any action directed toward providing customers with goods and services of appropriate quality. HISTORY OF QUALITY * Egyptian * Zhou Dynasty * Age of craftmanship * Early 20th Century: (1900s) * Quality
Premium Malcolm Baldrige National Quality Award Management Quality assurance
Chapter 1 1.1 The study of Biology * Biology is the organised study of life and living things‚ and their interactions with one another and the natural environment. The importance of Biology * Biological research brought benefits to our lives and environment. a.) A better understanding of how the human body functions. b.) Finding cures for diseases. c.) Saving animal and plant species which are facing extinction. d.) A better management
Premium Biology Ecology Life
SOLUTIONS TO SELECTED PROBLEMS FROM NAHMIAS’ BOOK CHAPTER 2 FORECASTING 2.13 Fcst 1 Fcst 2 Demand Err 1 Err 2 Er1^2 Er2^2 |Err1| 223 210 256 33 46 1089 2116 33 289 320 340 51 20 2601 400 51 430 390 375 -55 -15 3025 225 55 134 112 110 -24 -2 576 4 24 190 150 225 35 75 1225 5625 35 550 490 525 -25 35 625
Premium Forecasting Summation