CHAPTER 1 MANAGERIAL ACCOUNTING‚ TYPES AND ETHICS. 1) Managerial Accounting: Firms internal accounting system and designed to support the information needs of managers in order to make decisions. Not bound by GAAP. a) Managerial accounting has 3 objectives: i) To provide information for planning organization actions ii) To provide information for controlling organization actions. iii) To provide information for making effective decisions. b) Reports that help mangers that are nonfinancial are:
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The Wright Brothers: The Fathers of Aviation Matthew Jackson US History 2 F Mr. Kirkland May 10‚ 2012 Everyday millions of people fly in an airplane but no one person knows who is responsible. The ones who are responsible are the Wright Brothers. On December 17‚ 1903 the Wright Brothers did the unthinkable‚ invented the airplane (Wright-Brothers.Org). The airplane is still widely used today and every day. As a result of the invention
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Chapter 1 Introduction Backround of the Study The Philippine education system pursues the achievement of excellent undergraduates In the elementary and secondary level. The department of education pronounces the addition – of two more years in the basic education of the student‚ which according to them will benefit not only Filipino youth but all Filipino in the Philippines The administration asserts that with the implementation of such program‚ the problem of unemployment in the
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CISCO4 CHAPTER 1 WAN is a data communications network that operates beyond the geographic scope of a LAN. WAN allows the transmission of data across greater geographic distances. 3 Major characteristics of WANs • Generally connect devices that are separated by a broader geographical area than can be served by a LAN. • Use the services of carriers‚ such as telephone companies‚ cable companies‚ satellite systems‚ and network providers. • Use serial connections of
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Nutrition Chapter 1 Worksheet Important Math Calculations ___g. fat X 9 = ____ kcalories from fat divided by total kcalories= ___% kacl from fat ___g. carbohydrates X 4 = ___ kcalories from CHO divided by total kcalories= ___% kacl from CHO ___g. protein X 4 = ___ kcalories from protein divided by total kcalories= ___% kacl from protein ___g. alcohol X 7 = ___ kcalories from alcohol divided by total kcalories= ___% kacl from alcohol 1. A food contains 4 grams of fat‚ 40 grams of carbohydrates
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Chapter 1: Introduction 1.1. Background of the topic After a long time the consumers are familiar with brands such as KFC‚ Lotteria and Jollibee‚ Subway ... fast food market is truly disturbed by the new faces. In 2013 McDonald’s officially joined the Vietnam fastfood market is surprised. Before that‚ in the end of 2012‚ the brand was rated the second most in the world is Burger King (USA) has officially joined in VN through franchise partners. In 2011‚ the total market turnover reached fast food
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Accounting Information Systems‚ 6th edition James A. Hall COPYRIGHT © 2009 South-Western‚ a division of Cengage Learning. Cengage Learning and South-Western are trademarks used herein under license Objectives for Chapter 1 Primary information flows within the business environment Accounting information systems and management information systems The general model for information systems Financial transactions from non-financial transactions The functional areas of a business
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RESEARCH DESCRIPTION 1.1 Overview of the Current State of Technology It is evident this time that in any form‚ technology is being utilized. Technology is a general term for the processes by which human beings fashion tools and machines to increase their control and understanding of the material environment (Meritt‚ 2006). The modern world of high technology could not have come about except for the development of the computer. Different types and sizes of computers find uses throughout
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Chapter 1 Starting up a Proprietorship Proprietorship-an unincorporated business owned by one individual Easy to start Three advantages o Easily and inexpensively formed o Few government regulations o Its income is not subject to public taxation Three limitations o May be difficult for them to obtain capital needed for growth o Proprietor has unlimited personal liability o Life of a proprietorship is limited to the life of the founder Used primarily for small businesses Only account for
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Cost Accounting - Chapter 1 1. Flexibility is said to be the hallmark of modern management accounting‚ whereas standardization and consistency describe financial accounting. Explain why the focus of those two accounting systems differs. Financial accounting is more about the bigger picture—it evaluates the finances of the organization as a whole‚ using historical‚ quantitative‚ monetary‚ and factual data. It is more formal and requires the use of GAAP. The information financial accounting
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