Peregrine exam 2 - Study guides, Class notes & Summaries

PEREGRINE EXAM 2023/2024 LATEST VERSION | INCLUDES 2 RECENTLY TESTED EXAMS, A TEST BANK AND A STUDY GUIDE | ACCURATE AND EXPERT VERIFIED FOR GUARANTEED PASS | GRADED A

Accounting Peregrine Exam Questions with Complete Answers Conservatism Principle - Answer-the approach of choosing an accounting method that will least likely overstate assets and net income Basic Financial Statements - Answer-income statement, balance sheet, cash flow statement Assets - Answer-resources owned by a business current assets - Answer-items that can or will be converted into cash within one year Long-term investments - Answer-are generally (1) investments in stock...

artificial intelligence a subdiscipline of computer science that attempts to simulate human thinking Facts information that is true or demonstrable Assumptions Premises for which no proof or evidence is offered. Management Information Systems (MIS) A business function, like accounting and human resources, which moves information about people, products, and processes across the company to facilitate decision-making and problem-solving What are office automation sys...

cost control A business's efforts to manage how much it spends. Cost control is always important factor in maintaining and growing profitability Outsourcing is a common method to control costs because many businesses find it cheaper to pay a third part to perform a task than to take on the work within a company. product differentiation a positioning strategy that some firms use to distinguish their products from those of competitors Product differentiation focuse...

cultural audit an assessment of an organization's values Internal Analysis assesses relevant areas involving the product/service offering and the firm itself HR management activities recruiting, training, safety, employee relations, compensation, and benefits Recruiting any activity carried on by the organization with the primary purpose of identifying and attracting potential employees training an organization's planned efforts to help employees acquire job-re...

PEREGRINE EXAM 2023/2024 LATEST VERSION | INCLUDES 2 RECENTLY TESTED EXAMS, A TEST BANK AND A STUDY GUIDE | ACCURATE AND EXPERT VERIFIED FOR GUARANTEED PASS | GRADED A