Bcor 3010 exam 1 - Study guides, Class notes & Summaries
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BCOR 3010 - Exam 1 Questions with complete solutions (2023)
- Exam (elaborations) • 7 pages • 2023
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Which branch of accounting focuses on providing information to investors and creditors to support investment and lending decisions? 
 
a. financial 
b. managerial 
c. tax 
d. audit 
e. accounting information systems 
a. Financial 
 
 
 
Companies in the United States follow accounting rules issued by the International Accounting Standards Board, as do other companies from most countries around the world. 
 
a. true 
b. false 
a. True 
 
 
 
 
Accounts Receivable represents: 
 
a. amounts owed by...
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BCOR 3010 CSR Exam 1 questions 2023 with complete solutions
- Exam (elaborations) • 4 pages • 2023
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values 
desirable principles or qualities 
 
 
 
ethics 
your beliefs (come from inside of you) about what is wrong/right and good/bad, especially in actions that affect others 
 
 
 
 
 
 
00:05 
 
01:08 
business ethics 
full awareness of what one is doing, its consequences of your decisons 
 
 
 
ethical dilemmas 
decisons that conflict with beliefs and values 
values you hold are in conflict 
 
 
 
types of ethical dilemmas 
individuality vs community 
justice vs mercy 
truth vs loyalty 
 
 ...
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BCOR 3010 - Exam 1 2023 With Complete Solution.
- Exam (elaborations) • 8 pages • 2023
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BCOR 3010 - Exam 1 2023 With Complete Solution. 
Which branch of accounting focuses on providing information to investors and creditors 
to support investment and lending decisions? 
a. financial 
b. managerial 
c. tax 
d. audit 
e. accounting information systems - ANSWER a. Financial 
Companies in the United States follow accounting rules issued by the International 
Accounting Standards Board, as do other companies from most countries around the 
world. 
a. true 
b. false - ANSWER a. True 
Acc...
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