PreparED Study Materials
Bus 100: Essential Business Skills
School: Central Michigan University
Number of Notes and Study Guides Available: 3
Notes
Study Guides
Videos
Accounting Essentials: Making Information Relevant & Reliable
Want To Learn More? To watch the entire video and ALL of the videos in the series:
Explore the pillars of accounting information: Relevance and Reliability. Understand sub-components like predictive value, timeliness, and verifiability. Discover how these qualities enhance decision-making in finance
How Enhancing Qualities Strengthen the Conceptual Framework
Want To Learn More? To watch the entire video and ALL of the videos in the series:
Explore the importance of the conceptual framework in identifying significant variables and making informed decisions. Learn about the enhancing qualities of qualitative characteristics that enhance transparency and credibility in financial reporting.
Silver Futures Margin Call: Price Trigger Explained
Want To Learn More? To watch the entire video and ALL of the videos in the series:
Explore a real-world investor scenario in this video, where Jerry Harris engages in silver futures trading. Learn how initial and maintenance margins work, and discover the price threshold that could trigger a margin call. Gain insights into risk management in futures trading and the implications for investors.
Contra Revenue Accounts: Adjusting for True Revenue in Accounting
Want To Learn More? To watch the entire video and ALL of the videos in the series:
Discover the unique role of contra revenue accounts in accounting, emphasizing their debit balance nature and their use in adjusting gross revenue. Explore examples like sales discounts, returns, and allowances to grasp their impact on a company's reported income.
Decoding the Law of Supply: How Prices Drive Production Choices
Want To Learn More? To watch the entire video and ALL of the videos in the series:
Explore the principle of the law of supply and its impact on producers' decisions. Discover how prices, production costs, and the profit motive shape the supply curve. Gain insights into how opportunity costs and collective behavior form the market supply curve.
Fixtures: Understanding Real Property Attachments
Want To Learn More? To watch the entire video and ALL of the videos in the series:
Unravel the concept of fixtures in property rights. Distinguish between personal property and items that, once attached, become an integral part of the property. Delve into factors like attachment method, intention, and adaptability to comprehend the dynamics of fixtures in property law.