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UCF - GEB - 3031
1GEB 3031 Exam 2 Notes Fear of conflict Blaming others for problems Belief that others cant/wont change Belief that problems will blow over Important because negative interactions detract from teamwork, communication, creativity, and leadership Differ
UCF - GEB - 3031
Myth #1: New managers and individual contributors need the same skills Reality: The skills that lead to success as an individual contributor differ markedly from those needed to manage. The skills you bring to your new position will remain valuable throug
UCF - GEB - 3031
ManagementEssentials:FosteringDiversity ManagementEssentials:Negotiation WorkingwithIndividuals:ManagingDifficultInteractions BusinessEssentials:ManagingforCreativityandInnovation(allbuttheprocessofinnovation,characteristicsof creativegroups,anddifferentt
UCF - GEB - 3031
ManagingDifficult InteractionsGEB3031:Cornerstone ClicktoeditMastersubtitlestyle ProfessorCameronM.FordDifficultInteractionsNeedtobeManaged BecauseTheyTendtobeAvoided Fearofconflict Blamingothersforproblems Beliefthatotherscant/wontchange Beliefthatpr
UCF - GEB - 3031
ManagingForCreativity& InnovationGEB3031:Cornerstone ClicktoeditMastersubtitlestyle ProfessorCameronM.FordWhatisCreativityand Innovation? Creativityisagoalorientedprocess Creativitywedsnoveltywithusefulness InnovationmayresultfromcreativesolutionsAno
UCF - GEB - 3031
NegotiationGEB3031:Cornerstone ClicktoeditMastersubtitlestyle ProfessorCameronM.FordDistributiveNegotiations: ClaimingValueAssumptions:OthersareadversariesinafixedsumgameProcesses:Identifyanddefendaposition Arguepersuasively UsepowertacticsOutcomes
UCF - GEB - 3031
PersuadingOthersGEB3031:Cornerstone ClicktoeditMastersubtitlestyle ProfessorCameronM.FordTheFoundationofPersuasionPersuasionisaprocessintendedtochangeor reinforceothersattitudes,opinions,or behaviors TherearefourelementstopersuasionEnhancingcredibilit
UCF - GEB - 3031
The Purpose of Presentations Presentations are a powerful way to communicate your message to a group. They are an opportunity to gather your audience together to engage in a two-way dialogue. Managers use presentations to: Persuade the audience to take a
UCF - GEB - 3031
SolvingBusinessGEB3031:Cornerstone ClicktoeditMastersubtitlestyle ProfessorCameronM.FordProblemsStagesinProblemSolving Process* Definetheproblem Setsolutionobjectives Generatealternativesolutions Evaluatealternatives Choose,implement,andmonitorresult
UCF - GEB - 3031
1Fostering DiversityWhat Is Diversity? Diversity is another word for differences between people. In an organizational setting, a diverse workforce comprises employees of various: Races, Genders, Ethnic, backgrounds, Ages, Physical and cognitive abilitie
UCF - ACG - 3131
ACG3131Test2Chapters35StudyGuide 1. Beabletocomputetotalassets(currentandlongterm),totalliabilities(currentandlong term),retainedearnings,andstockholdersequity. 2. Reviewpreparationoftrialbalanceshowmanyarethere,whataretheyandhowmust theybeprepared. 3. Re
UCF - ACG - 3131
Chapter 3 Example #131311. Dental Services, Inc. opened business September 1st of the year. Dr. Smith invests $20,000 cash in the business and receives 20,000 shares of $1.00 par common stock. 2. September 2nd: Purchased furniture and dental equipment o
UCF - ACG - 3131
Chapter 3 - Adjusting Entries3131 Intermediate Financial Accounting IPROBLEM #1 The following information relates to the Airflame Company at the end of 2007. They sell merchandise and magazine subscriptions. The accounting period is the calendar year. T
UCF - ACG - 3131
Chapter3ExercisesCashVersusAccrualAccounting Problem#1 ZookiesShop,aproprietorshipbusiness,conductedthefollowingtransactionsduringthefirstweekinMarch.1. Purchasedsuppliesfor$1,800.Paid200own,remaining80%tobepaidin10days. 2. Paid$30fornewspaperadvertising
UCF - ACG - 3131
Chapter 31.Debit/Credit Questions and Solutions3131 Intermediate Accounting IAcompanyreceivedcashinexchangeforissuingstock.Thistransaction: a. increased assets and increased equity b. increasedassetsandincreasedliabilities c. d. increasedassetsandincr
UCF - ACG - 3131
For each account listed below: 1) put a check mark in the appropriate column to indicate if an account is increased by a debit or by a credit. 2) put a check mark in the appropriate column to indicate if an account is a Real (Permanent) or Nominal (Tempor
UCF - ACG - 3131
For each account listed below: 1) put a check mark in the appropriate column to indicate if an account is increased by a debit or by a credit. 2) put a check mark in the appropriate column to indicate if an account is a Real (Permanent) or Nominal (Tempor
UCF - ACG - 3131
Chapter 3 Example #131311. Dental Services, Inc. opened business September 1st of the year. Dr. Smith invests $20,000 cash in the business and receives 20,000 shares of $1.00 par common stock. 2. September 2nd: Purchased furniture and dental equipment o
UCF - ACG - 3131
MULTIPLE CHOICE QUESTIONS CHAPTER 3 1. Which of the following is a nominal account? a. Prepaid Insurance b. Unearned Revenue c. Insurance Expense d. Interest Receivable 2. Which of the following errors will cause an imbalance in the trial balance? a. Omis
UCF - ACG - 3131
MULTIPLE CHOICE QUESTIONS 1.CHAPTER 3Which of the following is a nominal account? a. Prepaid Insurance b. Unearned Revenue c. Insurance Expense d. Interest Receivable Which of the following errors will cause an imbalance in the trial balance? a. Omissio
UCF - ACG - 3131
ReversingEntriesanalternatewaytohandlesomeAdjustingEntries Whodecidestousereversingentries?Theaccountantresponsibleforthebooksofthe company Doesitchangewhatisreportedonfinancialstatements?NOWhyaretheyused?Tomakedaytodaytransactionrecordingeasier.Somecom
UCF - ACG - 3131
Chapter 3Simple Interest Problems3131 Intermediate Financial Accounting INote: use 360 days for total number of days in a year. 1. On December 11, the G. Baker Corporation purchases $15,000 of equipment by issuing a 30-day, 12% note payable. The amount
UCF - ACG - 3131
Chapter 3 -1CHAPTER3THE ACCOUNTING THE INFORMATION SYSTEM INFORMATIONIntermediateAccounting 13thEdition Kieso,Weygandt,andWarfieldChapter 3 -2Learning Objectives1. 2. 3. 4.Unde rstand basic accounting te inology. rm Explain double ntry rule -e s.
UCF - ACG - 3131
CHAPTER 3 REVIEW OF THE ACCOUNTING PROCESS*ILLUSTRATION 3-3 SUMMARY OF ADJUSTMENT RELATIONSHIPS AND EXPLANATIONSType of Adjustment 1. Prepaid Expense Account Relationshio Asset and Expense Reason for Adjustment (a) Prepaid expense initially recorded in
UCF - ACG - 3131
CHAPTER 3 REVIEWING THE ACCOUNTING PROCESSIllUSTRATION 3-3 (Continued)3.Expenses are often incurred before they are paid. An expense incurred but not yet paid is called an accrued expense. If at the end of an accounting period this accrued expense has n
UCF - ACG - 3131
CHAPTER 3 REVIEW OF THE ACCOUNTING PROCESSWith the cash basis of. accounting, a revenue item is reported in the time period when the related. cash is received from the customer and an expense is recorded in .the time period in which the related cash is p
UCF - ACG - 3131
CHAPTER 3 REVIEW OF THE ACCOUNTING PROCESSThe word "accrued" is not needed in either account title, but it could be used in the liability account title if desired (the account title would then be Accrued Salaries Payable). It would be wrong to insert the
UCF - ACG - 3131
CHAPTER 3 REVIEW OF THE ACCOUNTING PROCESSIllUSTRATION 3-1 DOUBLE-ENTRY (DEBIT AND CREDIT) ACCOUNTING SYSTEM (L.O. 2)The debit and credit rules are summarized below: Asset Accounts Debit Increase + Credit Decrease Liability Accounts Debit Credit Decreas
UCF - ACG - 3131
CHAPTER 3 REVIEW OF THE ACCOUNTING PROCESSTIPS ON CHAPTER TOPICSTIP: This chapter is an extremely important one. A good understanding of this chapter and an abIlity to think and work quickly with the concepts incorporated herein are necessary for compre
UCF - ACG - 3131
Chapter 3 Review of the Accounting Process*ILLUSTRATION 3-4 ALTERNATIVE TREATMENTS OF PREPAID EXPENSES AND UNEARNED REVENUESWhen a company writes a check to pay for an item that affects expense in at least two different time periods (such as for an insu
UCF - ACG - 3131
Illustration 3-4 (continued)When a company receives cash from a customer in advance of earning the related revenue, the bookkeeper may record the receipt in one of two ways. Either as an unearned revenue (liability) or as an earned revenue. The first way
UCF - ACG - 3131
Debit/Credit Questions and Solutions1. A company received cash in exchange for issuing stock. This transaction: a. increased assets and increased equity b. increased assets and increased liabilities c. increased assets and increased revenues d. increased
UCF - ACG - 3131
ILLUSTRATION 4-4 INCOME STATEMENT SPECIAL ITEMS
UCF - ACG - 3131
Balance Sheet Accounts(1) (2)Asset accounts have debit balancesCash 10,000 20,000(6) 2,000 -2 25,000 (3) 10,800 (4) 3,500 (5) 18,000 (7) 17,000 (8) 19,000 (9) 21,600 (10) (14) (5)Accounts Receivable 190,000 115,000 (6) 6,500 (12) 68,500(3)Equipment
UCF - ACG - 3131
Accounting Standards WorksheetAACSB ACCT ELIGIBILITY PROCEDURES A. An academic unit seeking accounting accreditation by AACSB International must have appropriate governmental authorization to offer degree-granting programs either on its own or through th
UCF - ACG - 3131
CHAPTER 8 ON INVENTORIES Kiner Co. has the following data related to an item of inventory: Inventory, March 1 100 units @ $4.20 Purchase, March 7 350 units @ $4.40 Purchase, March 16 70 units @ $4.50 Inventory, March 31 130 units 1. The value assigned to
UCF - ACG - 3131
3131 Chapter 6 Examples 1. $1000 is put on deposit today to earn 6% compounded annually. What is the value of this investment at the end of 8 years? 1593.852. If you wish to be able to withdraw the sum of $8000 at the end of 12 years how much do you have
UCF - ACG - 3131
3131 Chapter 6 Examples - Solutions 1. $1000 is put on deposit today to earn 6% compounded annually. What is the value of this investment at the end of 8 years? Use the FV of a lump sum table factor of 1.59385 $1000 x 1.59385 = $1593.84 2. If you wish to
UCF - ACG - 3131
Ch.6Example OzzieElectronicssellshighendplasmaTVsandoffersa3yearwarrantyonallnewTVssold. OzziehasenteredintoanagreementwithElectronicServiceLabstoprovideallwarranty servicesonthe95TVssoldin2006.ThecontrollerforOzzieestimatesthefollowingexpected warrantyca
UCF - ACG - 3131
CHAPTER 8: INVENTORIES MEASUREMENT TIP: The term inventory or merchandise inventory is the label given to goods held by a merchandise firm ( either wholesale or retail) when goods have been acquired for resale. The terms raw materials, work in process, an
UCF - ACG - 3131
Chapter8InventoryErrorsEffectsofInventoryErrors(assumingaperiodicinventoryandignoringincometaxes) I.ApurchaseonaccountisomittedfrombothPurchasesandendinginventoryandisnotrecordedin thesucceedingyear. A. CurrentYear 1. IncomeStatement:Incomeiscorrectbecau
UCF - ACG - 3131
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UCF - ACG - 3131
Tips on Inventory Gross Profit and Retail Methods Gross Profit Method TIP: Gross profit is synonymous with gross margin. TIP: The gross profit percentage (expressed as a percentage of selling price) and the cost of goods sold percentage(also expressed as
UCF - ACG - 3131
ACG3131Test4StudyGuide 1.LowerofCostorMarket:Bothconceptualandcomputational.Understanddifference betweenceiling,floorandmarket. 2.Purchasecommitmentshowtreatedforincomestatementvsbalancesheet 3.GrossProfitMethodcalculatedasboth%ofsalesand%ofsales.Understa
UCF - ACG - 3131
CHAPTER 9 INVENTORY QUESTIONS WITH SOLUTIONS 1. Tim McInnes requires an estimate of cost of goods sold lost by fire on April 2. Merchandise on hand January 1, was $ 38,000. Purchases since January 1 were $ 72,000; freight-in $ 3,400 and purchase returns a
UCF - ACG - 3131
Chapter 10 Steps for Capitalizing InterestILLUSTRATION 10-1 (continued)
UCF - ACG - 3131
Capitalization of Interest ExamplesSolution: Avoidable Interest: Weighted Average Accumulated Expenditures x Interest Rate $ 1,000,000 $ 800,000 x 15% x 10.42 * = Avoidable Interest = 150,000 = 83,360 $ 233,360 Principal $ 700,000 $ 500,000 $1,200,000 $
UCF - ACG - 3131
Capitalized Interest Solution: Marvel a. Computation of Weighted Average Expenditures Expenditures Date 8/30 12/1 Amount $ 200,000 $ 400,000 Capitalization Period = Weighted Average Accumulated Expenditures $ 50,000 -0$ 50,000 = $ 5,000x 3/12 x0Interest
UCF - ACG - 3131
During 2010, Barden Building Company constructed various assets at a total cost of The weighted average accumulated expenditures on assets qualifying for capitalization of interest during 2010 were $5,600,000 The company had the following debt outstanding
UCF - ACG - 3131
CHAPTER 10 EXAMPLES OF NONMONETARY EXCHANGES AND SOLUTIONS Use the following information for questions 1 and 2. A machine cost $120,000, has annual depreciation of $20,000, and has accumulated depreciation of $90,000 on December 31, 2006. On April 1, 2007
UCF - ACG - 3131
Chapter 10 Multiple Choice Questions and Questions1. Which of the following statements is true regarding capitalization of interest? a. Interest cost capitalized in connection with the purchase of land to be used as a building site should be debited to t
UCF - ACG - 3131
Chapter 10 Multiple Choice Questions and Questions1. Which of the following statements is true regarding capitalization of interest? a. Interest cost capitalized in connection with the purchase of land to be used as a building site should be debited to t
UCF - ACG - 3131
Problem 1Calculate depreciation. A machine which cost $200,000 is acquired on October 1, 2006. Its estimated salvage value is $20,000 and its expected life is eight years. Instructions Calculate depreciation expense for 2006 and 2007 by each of the follow
UCF - ACG - 3131
Chapter 11 Depreciation Solutions 1. a. Straight Line Depreciation $ 645,000 - $ 60,000 12 = b.Sum of the years digits $ 48,750 Depreciation amount for each of the years.12 x 13 2= 78 Year 1 Year 2 Year 312/78 x ( 645,000- 60,000) = $ 90,000 11/78 x (6
UCF - ACG - 3131
Chapters 9 Inventory SOLUTIONS:1. AppropriateItem A B CDUpper Limit ("Ceiling") $1.80 1.80 1.801.80Lower Limit ("Floor") $1.10 1.10 1.101.10Designated Market $1.10 1.15 1.101.65Inventory Valuation (Totals) $3,270 3,450 3,3004,800E.1.801.10
Old Dominion - PHILL - Phill 110
REVIEWFORTEST#1(ODU)YOULLNEEDTOKNOW: HowDescartessideasinfluencedthoseofPeterUnger. WhyPeterUngerthinksthatknowledgeofthephysicalworldisimpossible. WhyUngertalksaboutanevilscientists. HowUngersviewofknowledgediffersfromthatofJohnHospers. WhatHospersmeans
McMaster - KINESIOLOG - 1Y03
Terminology and the Body Plan1-1Overview of Anatomy and Physiology Anatomy: scientific discipline that investigates the bodys structure Physiology: scientific investigation of the processes or functions of living things1-2Structural & Functional Orga
McMaster - KINESIOLOG - 1Y03
HOW DO TWINS DEVELOP?29-1Embryology, Growth and Development29-2Where it all Began29-3Prenatal Development From conception to birth: three stages 1. Germinal period: first 2 weeks of development during formation of primitive germ layers 2. Embryonic
McMaster - KINESIOLOG - 1Y03
Histology: The Study of Tissues4-1Tissues and Histology Tissue classification: structure of cells extracellular matrix cell function 4 primary tissue types Epithelial Connective Muscle Nervous4-2Embryonic Tissue Germ layers Endoderm Inner layer
McMaster - KINESIOLOG - 1Y03
Functional Organization of Nervous TissueFunctions of the Nervous System Senses changes with sensory receptors Integration interprets and remembers changes Homeostasis Mental activity - consciousness, thinking, memory, emotion Controls of muscles and gl
McMaster - KINESIOLOG - 1Y03
Types of Neurons Functional classification Sensory or afferent: action potentials toward CNS Motor or efferent: action potentials away from CNS Interneurons or association neurons: within CNS from one neuron to anotherCells of the Nervous System-1Type