FAC1502: FINANCIAL ACCOUNTING CONCEPTS; PROCEDURES (FAC1502)
Eastern Michigan University
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FAC1502: FINANCIAL ACCOUNTING CONCEPTS; PROCEDURES AND CONCEPTS
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FAC1502: FINANCIAL ACCOUNTING CONCEPTS; PROCEDURES AND CONCEPTS
ACCOUNTING
Planning; Recording; ,PLANNING DECISIONS
Financial information is used to determine future actions. ,CONTROL
Using financial information to evaluate , THE FUNCTION OF ACCOUNTING
1. The value added to the networth of a person/entity during a particular period.,PROFIT ENTITIES
Sole traders;, NON-PROFIT ENTITES
Clubs; Charitable Organisations; Churches; ......
Exam (elaborations)
FAC1502: FINANCIAL ACCOUNTING CONCEPTS; PROCEDURES AND CONCEPTS
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FAC1502: FINANCIAL ACCOUNTING CONCEPTS; PROCEDURES AND CONCEPTS ACCOUNTING Planning; Recording; ,PLANNING DECISIONS Financial information is used to determine future actions. ,CONTROL Using financial information to evaluate , THE FUNCTION OF ACCOUNTING 1. The value added to the networth of a person/entity during a particular period.,PROFIT ENTITIES Sole traders;, NON-PROFIT ENTITES Clubs; Charitable Organisations; Churches; ......
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