Mgt 8803 exam questions Study guides, Class notes & Summaries

MGT 8803 Exam Questions and Answers All Correct What are the (5) assumptions of financial accounting? - Answer-1. Separate entity 2. Unit of measurement 3. Going concern 4. Periodicity 5. Materiality What does materiality mean? - Answer-The only information that needs to be disclosed in financial statements is information that will be useful for those who rely on the financial statements to make decisions. What are the qualities of financial statements? (6) - Answer-1. Understandab...

MGT 8803 Exam Questions with All Correct Answers Forms of Business - Answer-sole proprietorship, partnership, corporation Proprietorship/Partnership - Answer-Taxed PERSONALLY (business not taxed) Legally responsible (unlimited liability) Corporation - Answer-limited liability, double taxation Assumptions of financial accounting - Answer-Separate entity, unit of measurement, going concern, periodicity, materiality Separate Entity Assumption - Answer-treat business and owner as se...

GaTech MGT 8803 Marketing Exam With Questions and Answers...

Exam II Finance: MGT 8803 Business Fundamentals for Analytics Questions with 100% Correct Answers | Latest Version 2024 | Verified

MGT 8803 Exam II Study Set With Questions and Answers...

MGT 8803 Final Exam Questions with Correct Answers 3 factors that effect planning of organization - Answer-1) organization level (more heirarchy better with more stability) 2) degree of uncertainty (more uncertain, shorter planning horizon) 3) length of future commitments (planning horizon should be as long as length of longest commitment by management 4 functions of management - Answer-1) planning: business goals 2) organizing: allocating resources 3) leading: coordinating and direct...

MGT 8803 Final Exam Questions With Answers 3 factors that effect planning of organization - CORRECT ANSWER- 1) organization level (more heirarchy better with more stability) 2) degree of uncertainty (more uncertain, shorter planning horizon) 3) length of future commitments (planning horizon should be as long as length of longest commitment by management 4 functions of management - CORRECT ANSWER- 1) planning: business goals 2) organizing: allocating resources 3) leading: coordinating...

MGT 8803 Exam II Study Guide Questions and Answers Rated A+ Shareholders only receive money after what is done? suppliers have been paid wages to workers have been paid. interest to bondholders have been paid. taxes have been paid. Capital Budgeting The process of determining exactly which assets to invest in and how much to invest; also called capital expenditure decision or capital investment decision. Future Value (FV) the amount to which a cash flow or series of cash flows will grow ove...