Cooperate governance Study guides, Study notes & Summaries

CHAPTER 1 ACCOUNTING IN ACTION CHAPTER LEARNING OBJECTIVES 1. Identify the activities and users associated with accounting. Accounting is an information system that identifies, records, and communicates the economic events of an organization to interested users. The major users and uses of accounting are as follows: (a) Management uses accounting information to plan, organize, and run the business. (b) Investors (owners) decide whether to buy, hold, or sell their financial interests on th...

BCOR 2304 Final Exam Questions and Answers Already Passed strategy a set of goal-oriented actions a firm takes to gain and sustain better performance over competitors strategy managment combines analysis, formulation, and implementation in finding competitive advantage mastery= view organization as a whole competitive parity two or more firms perform at the same level strategic positioning position in industry that allows firms to provide value to customers, while controlling costs mission r...

Praxis II 0101 & 5101 Business Education Latest 2023 100% Pass Entrepreneurship the process of starting, organizing, managing, and assuming the responsibility for a business. The foundation of the free market economy. Create diverse product market. Basic Organization Structure function, product, market, customer, location. Division of labor, structure for making decisions. Goal: Maintain efficiency in business. Management Problems. Span of Management - too many immediate subordinates to be eff...

Why do political protests occur? 1.) Preferences are not reflected to policy outcomes. 2.) Preferences are conflicted among social groups. 3.) The access to political institutions is limited. Why do people join groups? Higher commitment to a public good - valued outcome: public benefits that are expected. (Greater Prospect of Success - Political Efficacy) + (Personal Benefits + Appraisal by Group Fan) - (Cost) = Participation (Economic or religious protest movement) ...

AICPA Code of Ethics 1. Responsibilities 2. The Public Interest 3. Integrity 4. Objectivity and Independence 5. Due Care 6. Scope of Nature of Services - ANSWER-Principles of AICPA Code of Ethics Carrying out responsibilities as professionals, members should exercise professional and moral judgments in all activities - ANSWER-Responsibility Members - ANSWER-perform an essential role in society -continuing responsibility to cooperate with each toher to imporve the art of accounting...

ASWB EXAM - HUMAN DEVELOPMENT, DIVERSITY AND BEHAVIOR IN THE ENVIRONMENT (SECTION 1) QUESTIONS WITH CORRECT ANSWERS Social Development CORRECT ANSWER Human beings are inherently social Erikson was interested in how children socialize and how this affects their sense of self Personality develops throughout the life course and looked at identity crises as the focal point for each stage of human development Stages of Psychosocial Development (8) Social development implies a change in s...

Current Radio (in formula sheet) - ANSWER-- current asset / current liabilities - analyses if the company currently have the resources to pay its short-term debt - A high ratio normally suggests good liquidity, but too high a ratio suggests inefficient use of resources. Total Asset Turnover Ratio (in formula sheet) - ANSWER-- Sales (or Operating) Revenue / Average Total Assets - for Average total assets: (Beginning total assets + ending total assets) / 2 - the ratio is an excellent me...

AICPA Code of Ethics, Exam questions and answers, rated A+ 1. Responsibilities 2. The Public Interest 3. Integrity 4. Objectivity and Independence 5. Due Care 6. Scope of Nature of Services - -Principles of AICPA Code of Ethics Carrying out responsibilities as professionals, members should exercise professional and moral judgments in all activities - -Responsibility Members - -perform an essential role in society -continuing responsibility to cooperate with each toher to imporve the...

MPA Comp Exam - PADM 5010 (Public Administration & Society)100% correct answer Collective Action Problems (CAPs) 1. Problems that arise because individuals act in a rational self-interested manner. 2. When individuals cooperate and work as a group, the group will be better off but the individual may not be. In fact, the individual may be worse off than if they pursued their own interest. Thus, individuals have an incentive/reason to pursue their own interests. 3. Deciding between public v...

Hyperglobalists - Answer- Argue that the state is a hollowed out institution and has become redundant. Post-sovereign governance - Answer- The rise of globalization means that the state inevitably becomes less important as a single actor. Cosmopolitanism - Answer- The advance of globalization has an ethical dimension. The world has shrunk; people have a greater awareness of people living in other countries and thus it has become more difficult to confine their moral obligations to a single...