ENGL 264 Study Guide - Midterm Guide: Accounting Equation, Financial Statement Analysis, Accrual

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30 Oct 2014
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You may not use pen on scan forms. Bring a backup pencil, leads, and erasers: a working calculator, It must have no case, not even an attached case. If you bring an illegal calculator, you will not be allowed to use it. Bring a backup calculator: a photo i. d. Your exam will not be graded until we have verified your identity. Be able to identify the three types of businesses. Be able to identify the four organizational forms of businesses. Be able to identify the two business emphases (strategies). Be able to identify business stakeholders (internal and external). Be able to identify the three primary business activities and give an example of each. Be able to state the overall accounting equation. Be able to define in words the following terms, and be able to give several examples of each one. Be able to state on which financial statement they appear: