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Apr 18, 2024
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ACCT 242 - Principles of Accounting II
3 credits
Continuation of ACCT 240 . Introduction to internal accounting tools and techniques common among all companies for determining the cost to provide a product or service. Introduces cost-volume-profit analysis, budgeting, standard costing and analysis of variances between budgeted amounts and actual results. Introduction to the format and interpretation of the Statement of Cash Flows.
Prerequisite(s): ACCT 240
Corequisite(s): None
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