Сhair of Accounting & Audit.UIB

Главная Мой профиль Выход

Вы вошли как Гость | Группа "Гости"Приветствую Вас Гость | RSS
Меню сайта
Категории раздела
Glossary [2]
Accounting Profession Acronyms Defined [4]
Audio tracks [2]
Наш опрос
Оцените мой сайт
Всего ответов: 58

Онлайн всего: 1
Гостей: 1
Пользователей: 0
Главная » Файлы » Accounting & Audit » Accounting Profession Acronyms Defined

The Source of Accounting Information
[ ] 03.04.2010, 17:39


Once you have completed this chapter, you should be able to:

1   Identify financing activities and explain why they are important to a business.

2  Demonstrate how accounting measures and records business activities.

3  Identify investing activities and explain why they are important to a business.

       4 Identify operating activities and explain how they create profits for a company. Describe how financial reports summarize business activities and provide information for business decisions.

A business is an organization that exists for the purpose of making a profit for its owners. A business creates a profit if it can sell goods and services to customers at prices that are greater than the total costs incurred to provide those goods and services. To be successful, a business must be effective in meeting the needs of customers by providing goods and services demanded by customers at prices they are willing to pay. Also, a busi­ness must be efficient in controlling costs so that the prices charged to customers exceed the costs to the company of acquiring and selling its products. If a company is success­ful, it creates value for its owners as well as for other stakeholders. Profit is a measure of the value created by a business for its owners.

Категория: Accounting Profession Acronyms Defined | Добавил: Make
Просмотров: 469 | Загрузок: 0 | Комментарии: 1 | Рейтинг: 0.0/5 |
Всего комментариев: 0
Имя *:
Email *:
Код *:
Форма входа
Copyright MyCorp © 2019Сделать бесплатный сайт с uCoz