Athabasca University (AU )

Human resource processes Aquire and manage employees Payroll processes Pay for employees' work Purchasing Process procurement processes, focused on acquiring the necessary resources for a business to operate Inventory Management the planning and controlling of inventories to meet the competitive priorities of the organization fixed assets includes land, land improvements, buildings, equipment and machinery. Also known as capital expenditures or CAPEX Fixed Asset Purchases, list the ...

Controls to mitigate inaccurate or invalid master data in the revenue cycle -Correct Answers -Data processing integrity controls, restriction of access to master data, review of all changes to master data Controls to mitigate poor performance in the revenue cycle -Correct Answers -managerial reports Controls to mitigate unauthorized disclosure of sensitive information in the revenue cycle -Correct Answers -Access controls, encryption, tokenization of customer personal information Name f...

Respondent Superior -Correct Answers -A doctrine under which a principal is held liable for the wrongful acts committed by agents while acting within the scope of their agency Acts -Correct Answers -Assaults or Negligence committed while performing acts within scope of job Sole Proprietorship -Correct Answers -A business owned and managed by a single individual; No separate legal entity; No separation for liability, tax, and accounting purposes. Personal liability for debts of business ...

Modified Basis of Accounting -Correct Answers -Has to be measurable and available Accrual Basis of Accounting -Correct Answers -recognizes revenues when they are earned Current -Correct Answers --Looking for balance -Cash or assets that will be converted to cash -within 90 days -Over a year not reported current -Report if using current resources Economic -Correct Answers -Reporting long and short term Interfund Transactions -Correct Answers -Transactions between individual funds ...

Securities and exchange commission -Correct Answers -The federal administrative agency that is empowered to administer federal securities laws. They can adopt rules and regulations to interpret and implement federal securities laws Reporting company -Correct Answers -companies must file periodic reports (10 Q, 10 K, 8 K) with the SEC and to their shareholders Security -Correct Answers -An interest or instrument that is common stock, preferred stock, a bond, a debenture, warrant, investme...

What are the U.S. GAAP? -Correct Answers -GAAP are guidelines, procedures, and practices that a company is required to use in recording and reporting the accounting information in its audited financial statemennts They are like laws and are the rules that must be followed in audited financial reporting. These guidelines, procedures, and practices have substantial authoirtative support What Role Does FASB play is US financial Reporting? -Correct Answers -To establish and improve standards o...

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COMP206 : Introduction to Computer Programming (C++)- Course Orientation_ all Units notes and guide| Updated 2025/26. COMP206 - Course Orientation Course Overview Welcome to Computer Science 206: Introduction to Computer Programming (C++), a 3-credit, university-level course that introduces C++ programming. You are about to embark on a course that is challenging and rewarding. Programming is a practical skill that does not come naturally to most people. You will have to work at learning pr...