Chapter%201_Intro%20to%20Managerial%20Accounting[1]

Chapter%201_Intro%20to%20Managerial%20Accounting[1] -...

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WELCOME TO ACC240 Please pick up syllabus in the back of the room .
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Breakout Instructors SLN Breakout Instructor 72797 Roland Vasquez 72799 Cayla Shearer 72800 Yu-Chun Lin 84182 Ranier Robinson 72794 Roland Vasquez 72798 Yu-Chun Lin 72802 Cayla Shearer 72803 Karen Geiger 72804 Ranier Robinson
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What are we going to cover today? Syllabus Blackboard Thompson Now – On-line HW (& other resources) Chapter 1 - Lecture
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Accounting is Interdisciplinary Finance - Raise capital. Marketing – Determine which products customers want and how to sell them. Supply Chain – How to get necessary raw materials to the proper place and make products accessible to customers. Management – Hire the right people for the right jobs and provide incentives that maximize performance. CIS – Selection and installation of systems that support the other functions.
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In-Class Exercise You are the owner/manager of “Drink Till You Drop”, Bar and Grill, and are on the Board of Directors of Intel. Suppose you have purchased and installed the world’s finest financial accounting system in each organization. Is this system alone sufficient to answer all management questions? To illustrate, consider the following decision(s) that you might be required to make in each capacity.
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As the owner/manager of the Bar and Grill, you are considering whether or not to adjust the hours the
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This note was uploaded on 05/09/2008 for the course ACC 240 taught by Professor Karengeiger during the Fall '07 term at ASU.

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Chapter%201_Intro%20to%20Managerial%20Accounting[1] -...

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