accounting is based on 12 fundamental concepts. These fundamental concepts then form the basis for all of the Generally Accepted Accounting Principles (GAAP). By using these concepts as the foundation‚ readers of financial statements and other accounting information do not need to make assumptions about what the numbers mean. For this reason it is imperative to know and understand the eleven key concepts. | | | | | | | | ELEVEN KEY ACCOUNTING CONCEPTS Entity Accounts are kept for entities
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High-performance organizations emphasize all of the following EXCEPT: | Internationally-oriented | The goal of HRM could be stated as | To build organizational performance capacity through people | Employee orientation‚ training‚ and performance appraisal fall under the basic human resource management responsibility of | developing a quality workforce | | Cynthia has always performed well in her job‚ and has received good performance appraisals. She has been denied a promotion
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Chapter 1 Exam Questions 1. Which of the following is an example of interpersonal communication? A. Writing a letter to a column in a magazine B. Asking a server in a restaurant for a glass of water C. Talking to your parents about difficulties paying for school D. Asking someone at the help desk at your hotel for directions Correct Answer: C (found on page 3) It is essential to know the difference between interpersonal and impersonal communication. Impersonal communication is when you treat
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Venture Concepts Paper Fin/375 Venture Concepts Paper The venture that I chose is not conceptual but reality. The venture that my family started three years ago is SaMi ’s Place Mexican American Restaurant. This paper is to describe and analyze the startup of a business venture. The startup process would be to plan and develop this business by listing such details as 1) number of employees 2) type of facility/equipment needed 3) target customer demographics and 4) marketing channels. Research
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Chapter 1—Overview of Personal Selling MULTIPLE CHOICE 1. The part of marketing that relies heavily on interpersonal communication and interaction between buyers and sellers is called _____________ a. Advertising b. Sales promotion if c. Direct marketing d. Consumer behavior e. Personal selling ANS: E PTS: 1 DIF: Easy REF: p. 4 OBJ: 1 2. Kevin is a salesperson who relies heavily on trust building. The stylus selling is known as? a. Personal selling b. Mental states selling c. Trust-Based
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Vocabulary Quiz Name _______________ Chapter 1 1. An accounting principle that states that assets should be recorded at their cost. 2. Debts and obligations of a business. 3. Resources owned by a business. 4. The amount by which expenses exceed revenues. 5. An association of two or more persons to carry on as co-owners of a business for
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1. When determining the appropriate hardware components of new information system‚ what role must the user of the system play? 2. Identify two basic characteristic of RAM and ROM? - RAM is temporary and volatile‚ it lose its content (data) is turned off or disrupted. - ROM is nonvolatile and not lost its contests if the power is removed. 3. What is RFID technology? How does it work? - A technology that employs a microchip with an antenna to broadcast its unique identifier and location receivers
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Chapter One Colombian Exchange: Very similar to Triangular Trade‚ the Colombian Exchange was a trade route facilitated for a majority by Europeans that traded Food‚ animals‚ ideas‚ weapons‚ plants‚ slaves‚ and among other things‚ diseases. Nation-States: A nation or state unified by one common entity or idea‚ most commonly a government but also apart from politics‚ race‚ language‚ ancestry or culture. Protestant Reformation: The break in religion between Europe and England as prompted by
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Chapter 1 Exercise What is free software? List three characteristics of free software. Free software is code that is available for free to everyone‚ but it is also free in the sense that it can be used and altered freely to the user’s desires. It is free to be studied‚ redistributed‚ and modified. Why is Linux popular? Why is it popular in academia?Due to the operating system’s distribution among universities‚ students were able to become used to it’s sophisticated developing environment which
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THE EFFECTIVENESS OF UNANG YAKAP PROGRAM AMONG POST PARTUM MOTHERS ADMITTED IN OBSTETRIC WARD IN AFPMC A Study proposal Presented to the AFP Medical Service School In Partial Fulfilment of The Requirements for the Nurse Corps Specialty Training Course (Obstetric Nursing) By 1LT LYANN G ESCLARES 0-141496 NC 2014 Chapter 1 THE PROBLEM AND ITS BACKGROUND Introduction Pregnancy is one of the most risky events in a woman’s life. During the ancient times‚ delivery
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