1.
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Cite the sources and references external users need to analyze
business organizaions. (I)
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2.
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Identify procedures used to analyze a set of financial statements for
an organization. (I)
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3.
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Describe the role of auditing in business. (II)
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4.
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Identify internal controls needed in accounting systems. (II)
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5.
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Compare and contrast managerial and financial accounting. (III)
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6.
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Describe the flow of costs and the profitability of a product costing
system. (III)
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7.
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Analyze the behavior of costs and the profitability of a product
through cost-volume-profit analysis. (III)
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8.
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Describe the need for budgets and prepare a comprehensive set of
budgets for an organization. (III)
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9.
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Explain how an organization controls costs through standard costing
and variance analysis. (III)
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10.
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Describe taxes affecting business organizations. (IV)
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11.
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Define the role of accounting in government. (V)
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