Accounting (ACC310F)

Case study on the Atlanta School case

Class notes for the Anagene case

Homework number 1 notes

Class Notes and notes on cases

CHAPTER 2 INTRODUCTION TO COST BEHAVIOR AND COST-VOLUME RELATIONSHIPS LEARNING OBJECTIVE 1 1. On a day-to-day basis, managers must manage the activities required to make products and services. True 2. Cost drivers are output measures of both resources and activities. True 3. Cost behavior pertains to how costs affect the activities of an organization. False 4. A key factor in controlling costs is associating costs with activities. True 5. A good example of a cost driver for producti...

Intermediate Accounting,10e (Spiceland) Chapter 2 Review of the Accounting Process Answer Key 1) Owners' equity can be expressed as assets minus liabilities. Answer: TRUE Difficulty: 1 Easy Topic: Accounting equation Learning Objective: 02-01 Understand routine economic events-transactions-and determine their effects on a company's financial position and on specific accounts. Blooms: Remember AACSB: Reflective Thinking AICPA: BB Critical thinking 2) Debits increase asse...