PPT-8 After studying this chapter, you should be able to:

Understand inventory from a business perspective Define inventory from an accounting perspective Identify which inventory items should be included in ending inventory Identify the effects of inventory errors on the financial statements and adjust for them. You should check with your course provider to find out if your cou rse is eligible for funding and x completing between 11 9 SCQF credits 120 with a non campus based university each academic year and x not receiving support from any other overnment An eligible beneficiary could have only one ABLE account which must be established in the state in which he resides or in a state that provides ABLE account services for his home state An ABLE account may not r eceive annual contributi ons exceeding Understand the economics and legalities of selling transactions from a business perspective.. Analyze and determine whether a company has earned revenues.. Discuss issues relating to measurement and measurement uncertainty.. Understand how firms create value and manage performance.. Understand how users use information about performance to make decisions.. Understand the concept of and be able to assess quality of earnings/information.. Understand cash and accounts receivable from a business perspective.. Define financial assets, and identify items that are considered cash and cash equivalents and how they are reported.. Define receivables and identify the different types of receivables from an accounting perspective.. :. Identify and explain the guest service principles.. List and explain steps involved in providing guest service.. Explain and apply the concepts of service.. Identify types of service.. Illustrate the qualities of service such as perishable, tangible, and nontangible.. Claim:0isnitelysatisable.Proof:ConsideranitesubsetofXof0.SinceXisnite,andkk+1forallk2N,thereexistsanitej2N,suchthatXSji=0i=j.Sincejisnitelysatisable,thereforeXissatisable. Now,bytheco Understand . the importance of leases from a business perspective.. Explain . the conceptual nature, economic substance, and advantages of lease transactions.. Identify . and apply the criteria that are used to determine the type of lease for accounting . Understand . the importance of non-financial and current liabilities from a business perspective.. Define . liabilities, distinguish financial liabilities from other liabilities, and identify how . they . Understand . the nature of investments including which types of companies have significant investments.. Explain and apply the cost/amortized cost model of accounting for investments.. Explain and apply the fair value through net income model of accounting for investments.. Chapter 2. Lesson 1. Studying Geography. Physical maps show land and water features.. Studying Geography. Political maps show the names and borders of countries.. Studying Geography. Special purpose maps show patterns such as climate, natural resources, or population.. Chapter 10: Compensation Objectives After reading this chapter, you should be able to: Describe the purpose of compensation. Discuss the importance of equity relative to a firm’s compensation decisions. Keyboard. (Encoding). Disk. (Storage). Monitor. (Retrieval. Sequential Process. Studying memory. Memory. Persistence of learning over time through the encoding, storage, and retrieval of information. reading your notes is NOT studying It is simply reOnly doing the readings for class is not studying It is simply doing the reading for class Re-reading leads to quick forgetting Ideas for active stud