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Textbook Notes at Howard University

Exam Study Guides for HOWARD Courses

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ACCT 202 Chapter 19: Acct Chapter 19

Variable Costing and Performance Reporting Tuesday, February 23, 20161:16 PM Absorption Costing Variable Costing Absorption costing (full costing) Assumes that products absorb all costs incurred to produce them Used for...

ACCT - Accounting
ACCT 202
Wells
ACCT 202 Chapter 21: Acct Chapter 21

Flexible Budgets and Standard Costing Thursday, March 24, 20161:05 PM Budgetary Control and Reporting Management uses budgets to monitor and control operations Develop the budget from planned objectives1. Compare actual wi...

ACCT - Accounting
ACCT 202
Wells
ACCT 202 Chapter Notes - Chapter 20: Budget, Management Accounting, Accounts Payable

Master Budgets and Performance Planning Tuesday, March 1, 2016 1:03 PM Budget Process Advantages: - Define goals and objectives - Promotes analysis and a focus on the future - Motivates employees - Provi...

ACCT - Accounting
ACCT 202
Wells
ACCT 202 Chapter 18: Acct Chapter 18

Cost Behavior and CostVolumeProfit Analysis Tuesday, February 16, 201612:48 PM Questions Addressed by CostVolumeProfit Analysis CVP analysis is used to answer questions such as: What sales volume is needed to earn a targe...

ACCT - Accounting
ACCT 202
Wells
ACCT 202 Chapter Notes - Chapter 17: Deutsche Luft Hansa

Activity-Based Costing and Analysis Monday, February 1, 2016 9:56 PM Assigning Overhead Costs OH can be assigned to production in 1 of 3 ways: - Single plant-wide OH rate - Departmental OH rates - Activity...

ACCT - Accounting
ACCT 202
Wells
ACCT 202 Chapter Notes - Chapter 16: Finished Good, Operations Management, Financial Statement

Process Costing and Analysis Monday, January 25, 2016 6:38 PM Process Manufacturing Operations - Used for production of identical, low -cost items - Mass produced in automated continuous production process ...

ACCT - Accounting
ACCT 202
Wells
ACCT 202 Chapter Notes - Chapter 1: International Accounting Standards Board, International Financial Reporting Standards, Conceptual Framework

Introducing  Accounting  in  Business Tuesday,  August  25,  2015 9:16  PM IMPORTANCE  OF  ACCOUNTING C1:  Explain  the  purpose  and  importance  of  accounting Accounting: informatio...

ACCT - Accounting
ACCT 202
Wells
ACCT 202 Chapter Notes - Chapter 11: Dividend, Legal Personality, Preferred Stock

Corporate Reporting and Analysis Saturday, November 28, 2015 3:35 PM Characteristics of Corporations Advantages - Separate legal entity - Limited liability of stockholders - Transferable ownership rights ...

ACCT - Accounting
ACCT 202
Wells
ACCT 202 Chapter Notes - Chapter 7: Matching Principle, Accounts Receivable, Financial Statement

Accounts and Notes Receivable Tuesday, October 13, 2015 12:49 PM Accounts Receivable -Amounts due from customers for credit sales. Recognizing Accounts Receivable Sales on Credit Credit Card Sales ...

ACCT - Accounting
ACCT 202
Wells
ACCT 202 Chapter Notes - Chapter 2: General Ledger, Accounting Equation, Trial Balance

Analyzing  and  Recording  Transactions Tuesday,  September   1,  2015 12:43  PM Analyzing  and  Recording  Process C1:  Explain  the  steps  in  processing  transactions  and  the ...

ACCT - Accounting
ACCT 202
Wells
ACCT 202 Chapter Notes - Chapter 6: Bank Statement, Petty Cash, Accounts Receivable

Cash and Internal Controls Thursday, October 8, 2015 1:44 PM Purpose of Internal Controls 1. Protect assets 2. Ensure reliable accounting 3. Promote efficient operations 4. Urge adherence to company policies T...

ACCT - Accounting
ACCT 202
Wells
ACCT 202 Chapter Notes - Chapter 4: List Of Auto Parts, Net Income, Sports Equipment

Accounting for Merchandising Operations Thursday, October 8, 2015 1:19 PM Merchandising Activities Service organizations sell time to earn revenue Revenue - Expenses = Net income Merchandise Companies Manufacturer ...

ACCT - Accounting
ACCT 202
Wells
ACCT 202 Chapter 5: Chapter 5 notes

Inventories and Cost of Sales Thursday, October 8, 2015 1:43 PM Determining Inventory Items Merchandise inventory includes all goods that a company owns and holds for sale, regardless of where the goods are located wh...

ACCT - Accounting
ACCT 202
Wells
ACCT 202 Chapter Notes - Chapter 3: Financial Statement, Current Liability, Profit Margin

Adjusting Accounts and Preparing Financial State Tuesday, September 8, 2015 1:12 PM Timing and Reporting The Accounting Period C1: Explain the importance if periodic reporting and the time period assumption Time perio...

ACCT - Accounting
ACCT 202
Wells
BIOL 101 Chapter 1: Studying Life

8/24/2015 Victoria Nguyen Gordon Williams BIOL 101: Chapter 1 (Notes) INTRODUCTION: Why are frogs croaking? − Frogs  dramatic population decline o Causes: pesticides ...

BIOL - Biology
BIOL 101
Gordon Williams

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