The Fundamental Principles of Internal Control Internal Control to Cash Explain and Record Petty Cash Fund Transactions. Prepare a Bank Reconciliation Exploring the Concept of Accounting Ethics Accounting Ethics and Social Responsibilities Accounting Ethics and Decision Making Task Team of

Fundamental Principles of Accounting Information system A diagram of the accounting process Accounting System Components General Journal Transactions Computerized Accounting Information System

Task Team of FUNDAMENTAL ACCOUNTING School of Business, Sun Yat-sen University Lesson 12 Internal Controls and Business Ethics Self-Test True or False 1. The accounts receivable subsidiary ledger controls the accounts receivable account in the

Task Team of FUNdaMENTAL aCCOUNtIng School of Business. Sun Yat-sen University Lesson 9 Financial Statements Self-Test 1. True or false 1) Financial statements are standard documents that tell us, in financial terms, how well a business is performing and where it stand 2) Net income equals total revenues and gains less total expenses and losses

Task Team of FUNDAMENTAL ACCOUNTING School of Business, Sun Yat-sen University Lesson 5 Completing the Accounting Cycle Self-Test Answer the following questions: 1. what are the four closing entries? 2. what is the purpose of income summary account?

Task Team of FUNDAMENTAL ACCOUNTING School of Business, Sun Yat-sen University Lesson 4 Adjusting Accounts for Financial Statement Self-Test Answer the following questions: 1. what is an accrued revenue? Give an example 2. what is the difference between the cash basis and accrual basis of accounting? 3. what is accrued expense? Give an example?

Task Team of FUNDAMENTAL ACCOUNTING School of Business, Sun Yat-sen University Lesson 13 Managerial Accounting I: Concepts and Principles Exercise 1. Sunny Brockman has developed a new device that is so exciting he is considering quitting his job in order to produce and market it on a large-scale basis. Sunny will rent a garage for $1000 per

Task Team of FUNdaMENTAL aCCOUNtIng School of Business. Sun Yat-sen University Lesson 2 Economic Transactions and Accounting equation Exercises 1. Lion Company had a net cash inflow of $80,000 from operating activities. It spent $40,000 on investing activities. Lion Company received $50,000 in cash from issuing stock. Calculate the ease or decrease in cash

Innovation, Technological Change and Competition Technology refers to the skills, knowledge experience, body of scientific knowledge, tools, computers, machines used in the design and production of goods and services. Ouantum technological change: fundamental shift in technology that results in innovation The Internet and genetic engineering are examples

Introduction Nash equilibrium has undoubtedly proved to be the most influential idea in game theory. enabled fundamental breakthroughs in economics and the social sciences. Its development was a major intellectual achievement; what is perhaps more important, it Recent foundational research has emphasized the subtleties in the interpretation of Nash