Bcor 3010 - Study guides, Class notes & Summaries

BCOR 3010 (Accounting) First Half

BCOR 3010 Accounting (Quiz# 1) Q&A

QUESTIONS AND ANSWERS

BCOR 3010 Test 1 With Complete Solution...

QUESTIONS AND ANSWERS

BCOR 3010 - Exam 1 With Complete Solution...

BCOR 3010 - Exam 1 100% 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. T...

Milgram Experiments You will push further when you don't see the victim What can you do? 1) Recognize problem 2) Name values implicated 3) What values can conflict 4) What will you do? 5) Act on them Value Desirable principle or quality Ethical decision making theories Consequentialist, deontological, virtue ethics Consequentialist Look at action, predict result, what has most positive result Greatest good for the greatest number (utilitarianism) Looks a...

What is accounting? A language used to communicate financial information- used by stakeholders to make decisions. Financial Accounting the branch of accounting that prepares financial statements for use by owners, creditors, suppliers, and other external stakeholders Managerial Accounting accounting used to provide information and analyses to managers inside the organization to assist them in decision making Tax Accounting preparing tax returns and interpreting tax law ...