PreparED Study Materials
Bus 204: Financial Accounting
School: Pace University
Number of Notes and Study Guides Available: 23
Notes
Study Guides
Videos
Externalities: Market Effects & Societal Impacts
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Explore the concept of externalities, the unintended market effects impacting third parties. Through examples of pollution and neighborhood beautification, understand how externalities can lead to market inefficiencies. Discover interventions, like taxes and subsidies, designed to align private and social costs.
Accounting Essentials: Making Information Relevant & Reliable
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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
Understanding Cash Short & Over: Implications in Financial Management
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Discover the intricacies of "Cash Short and Over" in financial management. Grasp how discrepancies arise and their impact on business, and learn about the vital process of reconciliation.
Master Bond Valuation: Calculate Present Value of $1300 Discount Bond
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Unlock the secrets of bond investments! Discover how to compute the current value of a discount bond with a face value of $1300, maturing in seven years at an 8% yield. Master the financial math behind it all.
nderstanding Overhead Rates in Cost Accounting: Key Steps
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Understand the significance of the predetermined overhead rate in cost accounting. Learn the step-by-step process of estimating overhead costs, choosing the allocation base, and allocating these costs to products. Grasp the importance of accurate cost representation for effective decision-making.
Why does the free-rider problem occur in the debt market
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