MIE 201 Study guides, Class notes & Summaries

MIE 201 Test 5 accounting - correct answer the recording, measurement, and interpretation of financial information certified public accountant (CPA) - correct answer an individual who has been state certified to provide accounting services ranging from the preparation of financial records and the filing of tax returns to complex audits of corporate financial records forensic accounting - correct answer accounting that is fit for legal review, involves analyzing financial documents in sea...

MIE 201 Test 1 Makanui 100% Correct Solved business - Correct Answer ️️ -individuals or organizations who try to earn a profit by providing products that satisfy people's needs products - Correct Answer ️️ -a good or service with tangible and intangible characteristics that provide satisfaction and benefits profit - Correct Answer ️️ -the difference between what it costs to make and sell a product and what a customer pays for it nonprofit organizations - Correct Answer ️️...

MIE 201 exam #5 Questions and Answers 100% Pass accounting - Correct Answer ️️ -is the recording, measurement, and interpretation of financial information. certified public accountant (CPA) - Correct Answer ️️ -an individual who has been certified by the state in which he or she practices to provide accounting services ranging from the preparation of financial records and the filing of tax returns to complex audits of corporate financial records forensic accounting - Correct Answ...

MIE 201 Exam 3 (Chapters 6, 7, 9, and 10) Questions and Answers 100% Pass Management - Correct Answer ️️ -Process designed to achieve an organization's objectives by using its resources effectively and efficiently in a changing environment. Effectively - Correct Answer ️️ -Having the intended result Efficiently - Correct Answer ️️ -Accomplishing the objectives with a minimum of resources Managers - Correct Answer ️️ -Make decisions about the use of the organizations reso...

MIE 201 Exam 4 Questions and Answers 100% Pass marketing - Correct Answer ️️ -group of activities designed to expedite transactions by creating, distributing, pricing, and promoting goods, services, and ideas functions of marketing - Correct Answer ️️ -buying, selling, transporting, storing, grading, financing, market research, risk taking exchange - Correct Answer ️️ -the act of giving up one thing (money, credit, labor, goods) in return for something else (goods, services, o...

mie 201 exam 2 questions and answers 100% pass Advantages of operating a Sole Proprietorship? - Correct Answer ️️ -simplicity (easy to establish and less paperwork-only requirement is business licenses and permit) single layer of taxation!!! privacy (not required to report anything to anyone) flexibility and control fewer limitations on personal income Personal satisfaction (take your own risks and enjoy the reward) Disadvantages of sole proprietorship - Correct Answer ️️ -financ...

MIE 201 Exam 1 Questions and Answers 100% Pass business - Correct Answer ️️ -any profit-seeking organization that provides goods and service designed to satisfy customers needs revenue - Correct Answer ️️ -money a company brings in through the sales of goods and services business model - Correct Answer ️️ -a clearly stated outline of how the business intends to generate revenue profit - Correct Answer ️️ -money left over after all the costs involved in doing business have...

MIE 201 Exam 4 (11,12,13) Makanui Questions and Answers 100% Pass marketing - Correct Answer ️️ -a group of activities designed to expedite transactions by creating, distributing, pricing, and promoting goods, services, and ideas exchange - Correct Answer ️️ -the act of giving up one thing ($, credit, labor, goods) in return for something else (goods, services, or ideas) marketing activities - Correct Answer ️️ -buying, selling, transporting, storing, grading, financing, marke...

MIE 201 Exam 2: Chapters 4, 5, 8 Makanui NCSU Questions and Answers 100% Pass 3 types of business ownership - Correct Answer ️️ -- sole propreitorship - partnership - corporation sole proprietorships - Correct Answer ️️ -- businesses owned by one individual - the most common form of business organization in the United States - easiest and least expensive form of business to start - ex: tutoring/bookkeeping/landscaping etc... sole proprietorship advantages - Correct Answer ️️...

MIE 201 Exam 1 Questions and Answers 100% Pass business - Correct Answer ️️ -any profit-seeking organization that provides goods and service designed to satisfy customers needs revenue - Correct Answer ️️ -money a company brings in through the sales of goods and services business model - Correct Answer ️️ -a clearly stated outline of how the business intends to generate revenue profit - Correct Answer ️️ -money left over after all the costs involved in doing business have...