OC28032

University of Toronto St. George

79Uploads
11Likes
0Blog Articles
All Activity
Uploads (79)
Blog Articles (0)
Homework Help (0)
UTSGRSM222H1Stojanovic DraganWinter

Chapter eight.docx

OC280323 Page
7 Apr 2013
26
Chapter eight: variable costing: a tool for management. Absorption costing assigns both variable and fixed costs to products the bully them in a way th
View Document
UTSGRSM222H1Stojanovic DraganWinter

RSM222H1 Lecture Notes - Main Source, Budget, Household-Responsibility System

OC280326 Page
7 Apr 2013
22
A budget is a quantitative plan for the accusation and use of financial and other resources over a specified future time period. The act of preparing a
View Document
UTSGRSM222H1Stojanovic DraganWinter

RSM222H1 Chapter Notes - Chapter 4: Weighted Arithmetic Mean, Microsoft Powerpoint, Indian Railways

OC280324 Page
7 Apr 2013
26
The differences between these two costing systems is: the flow of units in a process costing system is more or less continuous, these units are indisti
View Document
UTSGRSM222H1Stojanovic DraganWinter

RSM222H1 Lecture Notes - Business Process, Marginal Cost, Financial Statement

OC280324 Page
7 Apr 2013
24
Avoidable cost: any cost that can be eliminated (in whole or in part) by choosing one alternative over another in decision-making situation. In manager
View Document
UTSGRSM260H1John OeschSummer

RSM260H1 Lecture Notes - Cost Driver, Deutsche Luft Hansa, Statistical Process Control

OC280326 Page
7 Apr 2013
34
A standard is a benchmark or more for measuring performance. Management by exception: a system of management and rights standards are set for various o
View Document
UTSGRSM260H1John OeschSummer

RSM260H1 Lecture Notes - Balanced Scorecard, Transfer Pricing, Cost Leadership

OC280327 Page
7 Apr 2013
40
Decentralized organization: an organization in which decision making is spread throughout the organization rather than being confined to a few top exec
View Document
UTSGRSM225H1Dan ShearWinter

chapter 7

OC280321 Page
13 Jan 2013
13
The contractual liability of minors upon attaining the majority. A minor"s liability to pay for necessary and beneficial contracts of service continues
View Document
UTSGRSM225H1Dan ShearWinter

RSM225H1 Lecture Notes - Profit Motive, General Partnership, Shoppers Drug Mart

OC2803215 Page
13 Jan 2013
25
Three kinds of partnerships: general partnership ( gpp , limited liability partnership ( llp , limited partnership ( lp ) Two or more legal entities (i
View Document
UTSGRSM225H1Dan ShearWinter

RSM225H1 Chapter Notes - Chapter 4: Financial Statement, Corporate Security, Issued Shares

OC280329 Page
13 Jan 2013
38
For-profit (share capital) corporation: public corporation, private corporation, federal (canada) corporation, provincial (ontario) corporation, profes
View Document
UTSGRSM225H1Dan ShearWinter

RSM225H1 Lecture Notes - Bona Fide Purchaser

OC280322 Page
13 Jan 2013
18
Chapter eight: grounds upon which a contract may be set aside: mistake and misrepresentation. Legal mistakes is not seen as misstate in its general mea
View Document
UTSGRSM225H1Dan ShearWinter

RSM225H1 Lecture Notes - Rescission

OC280321 Page
13 Jan 2013
25
When a person makes an innocent misstatement, no tort is committed. If that person later discovers her error, she must inform the other party of the tr
View Document
UTSGRSM225H1Dan ShearWinter

RSM225H1 Lecture Notes - Limited Partnership, Sole Proprietorship, Professional Corporation

OC280324 Page
13 Jan 2013
22
Business organizations - overview: several legal types of business organizations, main legal types, sole proprietorship, partnership, corporation. The
View Document
UTSGRSM225H1Dan ShearWinter

chapter 2B

OC280321 Page
13 Jan 2013
26
Only one individual owns a business that is not incorporated. Formed automatically when one individual starts running the business. Formation of spp: r
View Document
UTSGRSM219H1Alexander EdwardsFall

RSM219H1 Lecture Notes - Cash Flow Statement, Asset, Financial Statement

OC280326 Page
19 Dec 2012
27
Financial information is provided by general purpose financial statements, which are used to access the financial position and performance cost, curren
View Document
UTSGRSM219H1Alexander EdwardsFall

RSM219H1 Lecture Notes - Perpetual Inventory, Consignor, Consignee

OC280326 Page
19 Dec 2012
19
Taking a physical inventory of goods on hand and 2. Taking a physical inventory involves actually counting, weighing, or measuring each kind of invento
View Document
UTSGRSM219H1Alexander EdwardsFall

RSM219H1 Lecture Notes - The Purchase Price, Intangible Asset, Capital Asset

OC280327 Page
19 Dec 2012
29
Chapter 9: reporting and analyzing long-lived assets: property, plant, and equipment and. 1. 1 capital assets are long-lived assets acquired for use th
View Document
UTSGRSM219H1Alexander EdwardsFall

RSM219H1 Lecture Notes - Debit Card, Child Custody, Bank Reconciliation

OC280325 Page
19 Dec 2012
18
1. 1 fraud is an intentional to misappropriate (steal) assets or misstate financial statements: many high-profile collapses of companies due to fraud,
View Document
UTSGRSM219H1Alexander EdwardsWinter

RSM219H1 Lecture Notes - Subledger, General Ledger, Accounts Receivable

OC280327 Page
19 Dec 2012
36
1. 1receivables refer to amounts due from individuals and other companies that are expected to be collected in cash. 1. 2. 1 accounts receivable, are a
View Document
UTSGRSM219H1Alexander EdwardsFall

RSM219H1 Lecture Notes - Accounting Information System, Income Statement, Main Source

OC280322 Page
19 Dec 2012
17
Merchandising involves purchasing products which is inventory to resell to customers. Inventory for a merchandising company can consist of many differe
View Document
UTSGRSM219H1Alexander EdwardsWinter

RSM219H1 Lecture Notes - Deferral, Accrual, Revenue Recognition

OC280326 Page
19 Dec 2012
89
View Document
UTSGRSM219H1Alexander EdwardsWinter

RSM219H1 Lecture Notes - Electronic Funds Transfer, Debit Card, Internal Control

OC280326 Page
19 Dec 2012
36
1. 1 fraud is an intentional to misappropriate (steal) assets or misstate financial statements: many high-profile collapses of companies due to fraud,
View Document
UTSGRSM219H1Alexander EdwardsWinter

RSM219H1 Chapter Notes - Chapter 1: International Accounting Standards Board, Standard Accounting Practice, Legal Personality

OC280327 Page
19 Dec 2012
40
Chapter 1: the purpose and use of financial statements. Accounting: is the information system that identifies and records the economic events of an org
View Document
UTSGRSM219H1Alexander EdwardsWinter

RSM219H1 Chapter Notes - Chapter 3: Retained Earnings, Accounting Equation, In Step

OC280325 Page
19 Dec 2012
29
Accounting information system: the system of collecting and processing transaction data and communicating financial information to decision-maker is kn
View Document
UTSGRSM219H1Alexander EdwardsWinter

RSM219H1 Lecture Notes - Accounts Payable, Current Liability, Quick Ratio

OC280327 Page
19 Dec 2012
26
View Document
UTSGRSM219H1Alexander EdwardsFall

RSM219H1 Study Guide - Final Guide: Inventory Turnover, Accounts Receivable, Profit Margin

OC280325 Page
5 Dec 2012
89
Part a (15 marks: a, b, d, d, d, d, d, c, d, a, c, b, c, d, b ( 1 mark) 3. (2 marks: bank charges, bank interest, nsf cheques, eft deposits, eft paymen
View Document
UTSGECO102H1Michael HoFall

ECO102H1 Lecture Notes - Real Interest Rate, Investment Goods, Potential Output

OC280328 Page
5 Sep 2012
25
The aspect of economic growth is annual growth rate, the index of real per capital gdp and measure of productivity which is the index of real gdp per e
View Document
UTSGECO102H1Michael HoFall

ECO102H1 Lecture Notes - Potential Output, Output Gap, Investment Goods

OC280324 Page
5 Sep 2012
19
Chapter 25: the difference between short run and long one macroeconomics. The simplest illustration of the distinction between short run and the long-r
View Document
UTSGECO102H1Michael HoSummer

ECO102H1 Chapter Notes - Chapter 26: Absolute Advantage, Factor Endowment, Comparative Advantage

OC280325 Page
5 Sep 2012
24
Open economy: an economy that engages in international trade. Closed economy: an economy that has no foreign trade. Trade among individual allows peopl
View Document
UTSGECO102H1Michael HoFall

ECO102H1 Lecture Notes - Gross Domestic Product, Output Gap, Potential Output

OC280327 Page
5 Sep 2012
23
Macroeconomics: the study of the determination of economic aggregates, such as total output, total employment, the price level, and the real economic g
View Document
UTSGECO102H1Michael HoFall

ECO102H1 Lecture Notes - Nominal Rigidity, Potential Output, Output Gap

OC2803210 Page
5 Sep 2012
26
Chapter 24 from the short-run to the long-run. The level of real gdp fluctuates around a constant level of potential output, y*. This version of our ma
View Document
UTSGECO101H1Michael HoFall

ECO101H1 Lecture Notes - Marginal Cost, Monopolistic Competition, Allocative Efficiency

OC280326 Page
5 Sep 2012
20
Efficiency requires that factors of reductions are fully employed. Productive efficiency has two aspects one concerning production with being each firm
View Document
UTMECO100Y5Edward HoFall

ECO100Y5 Lecture Notes - Aggregate Demand, Aggregate Supply, Demand Curve

OC280329 Page
5 Sep 2012
50
The ae curve shifts in response to the change in the price level. This shift occurs because a change in the price level affects desired consumption exp
View Document
UTMECO100Y5Edward HoFall

ECO100Y5 Lecture Notes - Foreign Exchange Market, Reserve Currency, Capital Account

OC280328 Page
5 Sep 2012
51
Chapter 35: exchange rates and the balance of payments. Balance of payments accounts: a summery records of a country"s transactions with the rest of th
View Document
UTSGECO101H1Michael HoFall

ECO101H1 Lecture Notes - Imperfect Competition, Concentration Ratio, Perfect Competition

OC280327 Page
5 Sep 2012
24
We can"t abide to needy and industries into two broad groups those within large number of relatively small firms and those with a small number of relat
View Document
UTSGECO102H1Michael HoFall

ECO102H1 Lecture Notes - Demand For Money, Ceteris Paribus, Economic Equilibrium

OC280329 Page
5 Sep 2012
30
Chapter 28: money, interest rates, and economic activity. A bond is a financial asset that promises to make one or more specified payments at specified
View Document
UTSGECO102H1Michael HoFall

ECO102H1 Lecture Notes - Precious Metal, Gold Certificate, Fiat Money

OC280327 Page
5 Sep 2012
23
Money is defined as any general accepted medium of exchange. Medium of exchange: anything that generally accepted in return for goods and services sold
View Document
UTSGECO102H1Michael HoFall

ECO102H1 Lecture Notes - National Income And Product Accounts, Disposable And Discretionary Income, Consumption Function

OC280328 Page
5 Sep 2012
23
The national accounts divide actual gdp into its components: - ca, ia , ga, and nxa. Total desired expenditure is divided into the same categories: Des
View Document
UTSGECO102H1Michael HoFall

ECO102H1 Lecture Notes - Double-Entry Bookkeeping System, Gross National Product, Northern Ireland Environment Agency

OC280326 Page
5 Sep 2012
26
The central topic of macroeconomics is the overall level of economic activity aggregate output and the income that is generated by its production. Prod
View Document
UTSGRSM220H1Stojanovic DraganWinter

RSM220H1 Chapter Notes -Perpetual Inventory, Debits And Credits, Income Statement

OC280325 Page
20 Apr 2012
31
Taking a physical inventory involves actually counting, weighing, or measuring each kind of inventory on hand. Companies often count their inventory wh
View Document
UTSGRSM220H1Stojanovic DraganWinter

RSM220H1 Chapter Notes -Perpetual Inventory, Inventory Turnover, Purchase Order

OC280328 Page
20 Apr 2012
30
Chapter 5: a service company versus a merchandising company. 1. 1. 1 service company: service revenue e. g. schools, banking, painting, travel industry
View Document