Wiley CPA Exam Review Focus Notes 2012: Business Environment and ConceptsThe one-stop resource reinforcing concepts for the new computerized CPA Exam in an easy-to-read-and-carry spinal bound format Wiley CPA Exam Review Focus Notes: Business Environment and Concepts, 2012 reinforces key concepts for the new computerized CPA Exam in an easy-to-read-and-carry spinal bound format. It provides a review of all the basic skills and concepts tested on the CPA exam, teaching important strategies to take the exam faster and more accurately.
Covering knowledge of the general business environment and business concepts underlying transactions to demonstrate an understanding of the accounting implications, Wiley CPA Exam Review Focus Notes: Business Environment and Concepts, 2012 is designed to provide pertinent knowledge in formats that are easy to understand and remember. |
Common terms and phrases
Absorption costing accounts allocated audit average return Balanced Scorecard beginning WIP bonds Budgeted capital cash flows cash inflows COBIT Common stock consumer Contrib margin cost driver cost per equivalent Costs incurred debt decrease demand curve Demand Curve Shift discount disks dividend earnings effect Electronic employees Enterprise Risk Management equilibrium equity Equivalent units factors files firm Fixed costs Focus hedge higher income increase input interest payment interest rate internal control Internet inventory investment is unacceptable lenders loans measures Microcomputers MOH applied Monitoring negative shift NOPAT normally operating output overhead percentage period POHR positive shift preferred stock Present Value price inflation processing Profit programs ratio relative sales value repayment result Return to scale revenues Risk-free interest rate shareholders spending supply curve Tests total assets Total costs trade users variable costs variance yield curve