D196- Principles of Financial and Managerial
Accounting STUDY GUIDE
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Terms in this set (362)
bookkeeping day to day keeping of transcations
steps of decision making identify issue
gather information
identify alternatives
select option that most likely results in desired
objective
accounting analysis of events
record and report financial effects of business
activities
, where does capital come from (3) investors
creditors(lenders)
business itself (from earnings retained)
2 main types of accounting financial and managerial
managerial accounting gather and analysis of information for internal use
and decision making.
financial accounting gather, report, analysis of information for external
users- investors and creditors. summary of a
business
what does managerial accounting product cost, breakeven analysis, budgeting,
review performance analysis, outsource production
what does financial accounting credit analysis, financial health, estimate value of
review the company
examples of external financial annual report, financial statement, balance sheet,
reports for financial accounting income statement, statement of cash flow
balance sheet reports assets and liabilities. basic.
list as of a point in time. as of today, as of yesterday
income statement how much did you ,ake
period of time - from nov to jan
Accounting STUDY GUIDE
Save
Terms in this set (362)
bookkeeping day to day keeping of transcations
steps of decision making identify issue
gather information
identify alternatives
select option that most likely results in desired
objective
accounting analysis of events
record and report financial effects of business
activities
, where does capital come from (3) investors
creditors(lenders)
business itself (from earnings retained)
2 main types of accounting financial and managerial
managerial accounting gather and analysis of information for internal use
and decision making.
financial accounting gather, report, analysis of information for external
users- investors and creditors. summary of a
business
what does managerial accounting product cost, breakeven analysis, budgeting,
review performance analysis, outsource production
what does financial accounting credit analysis, financial health, estimate value of
review the company
examples of external financial annual report, financial statement, balance sheet,
reports for financial accounting income statement, statement of cash flow
balance sheet reports assets and liabilities. basic.
list as of a point in time. as of today, as of yesterday
income statement how much did you ,ake
period of time - from nov to jan
