Professional Practice of Internal Auditing (Standards) and guidance to the practice of internal auditing, and COSO framework. (PUL 1, 2 ;PBL 1, 3; MSA Goal 3, 4) * Students will be able to create a risk assessment for a basic business process (i.e. accounts payable or simple cash process) by applying the concepts of risks and controls to analyze the business process. (PUL 2, 3; PBL 1; MSA Goal 1, 3) * Students will be able to articulate the different enterprise-wide governance principles, the
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ADM 335 ACCOUNTING II: MANAGERIAL ACCOUNTING COURSE DESCRIPTION Managerial accounting involves the use of economic and financial information to plan and control many of the activities of the business entity and to support the management decision-making process. The main objective of this course is to explore the relevant issues of cost accounting. Hence, this course examines the acquisition, analysis, and reporting of accounting information from the perspective of effective management decision
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ACCOUNTING H525: MANAGERIAL ACCOUNTING AND CONTROL Winter Quarter 2004 INSTRUCTOR: Professor D. L. Jensen 428 Fisher Hall jensen.7@osu.edu (I check my e-mail several times daily and will respond ASAP) 292-2529 at office (Please leave recorded message; if I'm not in, I'll return your call.) 488-8177 at home (Please leave recorded message; if I'm not in, I'll return your call.) Office Hours: By appointment or chance COMMUNICATIONS CONSULTANT: Ms. Rama Ramamurthy 640 Fisher Hall
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Lecture Handouts for Chapter 5 Chapter 5 is covered in lectures 31 and 32. Risk and Return The return from an investment is the change in market price, plus any cash payments received due to ownership, divided by the beginning price. The risk of a security can be viewed as the variability of returns from those that are expected. Measurement of Risk The expected return is simply a weighted average of the possible returns, with the weights being the probabilities of occurrence. The conventional
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Course Outline RSM222H1S Management Accounting I Winter 2016 Class time, location, and instructor Tutorial time and location Instructor contact information L0301 L0401 L0501 L0601 L5101 L0101 L0901 L0201 L1001 L0701 L0801 L1101 T0101 T0201 T0301 T0401 T0501 T0601 T1201 T0701 T0801 T0901 T1001 T1101 Tuesday Tuesday Tuesday Tuesday Tuesday Wednesday Wednesday Wednesday Thursday Thursday Thursday Thursday Thursday Thursday Thursday Thursday
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consist of 30 multiple choice questions. The first 15 questions cover the material in Chapter 4. The second 15 questions cover the material in Chapter 5. Be sure you are in the correct Chapter when you take the quiz. Question 1 5 out of 5 points Correct A bottom-line mentality in business is reflected in which statement? Answer Selected Answer: “We have to beat the others at all costs.” Correct Answer: “We have to beat the others at all costs.” Question 2 5 out of 5 points Correct
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Chapter 01 Student: ___________________________________________________________________________ 1. What is the common characteristic of Aristotle's virtues and ethical standards for CPAs? A. Truthfulness B. Integrity C. Loyalty D. Due care Jane finds a material misstatement while auditing a client's accounts receivables. Her senior tells her to ignore the misstatement so that the client does not get upset. Jane wants to be viewed as a team player in order to advance in the firm. So Jane follows
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1. Question : (TCO A, B, C) Which of the following statements concerning users of accounting information is incorrect? Student Answer: Management is considered an internal user. Present and prospective creditors are considered external users. Regulatory authorities such as the SEC are considered internal users. Taxing authorities are considered external users. Instructor Explanation: Chapter 1 page 7 Points Received: 3 of 3 Comments: 2. Question : (TCO C)
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Managerial accounting stresses accounting concepts and procedures that are relevant to preparing reports for | | | Student Answer: | | taxing authorities. | | | | internal users of accounting information. | | | | external users of accounting information. | | | | the Securities and Exchange Commission (SEC). | | Instructor Explanation: | Chapter 1, Page 7 | | | | Points Received: | 0 of 4 | | Comments: | | | | 2. | Question : | (TCO 1)
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Fundamentals of Cost Accounting 3e William N. Lanen University of Michigan Shannon W. Anderson Rice University Michael W. Maher University of California at Davis FUNDAMENTALS OF COST ACCOUNTING Published by McGraw-Hill/Irwin, a business unit of The McGraw-Hill Companies, Inc., 1221 Avenue of the Americas, New York, NY, 10020. Copyright © 2011, 2008, 2006 by The McGraw-Hill Companies, Inc. All rights reserved. No part of this publication may be reproduced or distributed in any form or
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