Introduction+to+Management+Accounting+(16th+Edition)+现货+ 答案.doc

Chapter 15 Basic Accounting: Concepts, Techniques, and Conventions LEARNING OBJECTIVES: When your students have finished studying this chapter, they should be able to: 1. Read and interpret basic financial statements. 2. Analyze typical business transactions using the balance sheet equation. 3. Distinguish between the accrual basis of accounting and the cash basis of accounting. 4. Make adjustments to the accounts under accrual accounting. 5. Explain the nature of dividends and retained earnings. 6. Select relevant items from a set of data and assemble them into a balance sheet, and an income statement. 7. Distinguish between the reporting of corporate owners’ equity and the reporting of owners’ equity for partnerships and sole proprietorships. 8. Explain the role of auditors in financial reporting and how accounting standards are set. 9. Identify how the measurement principles of recognition, matching and cost recovery, and stable monetary unit affect financial reporting. 10. Define continuity, relevance, faithful representation, materiality, conservatism, and cost-benefit (Appendix 15A). 11. Use T-accounts, debits, and credits to record transactions (Appendix 15B). CHAPTER 15: ASSIGNMENTS CRITICAL THINKING EXERCISES 24. Accounting Valuation of Fixed Assets 25. Marketing, the Income Statement, and the Balance Sheet 26. Revenue Recognition and Evaluation of Sales Staff 27. Relationship Between the Balance Sheet and the Income Statement 28. Concepts of Relevance and Faithful Representation GENERAL EXERCISES and PROBLEMS 29. True or False 30. Simple Balance Sheet 31. Nature of Retained Earnings 32. Income Statement 33. Income Statement, Balance Sheet, and Dividends 34. Customer and Airline 35. Tenant and Landlord 36. Adjustments 37. Find Unknowns 38. Balance Sheet Equation: Solving for Unknowns 39. Fundamental Transaction Analysis and Preparation of Statements 40. Measurement of Income for Tax and Other Purposes 41. Debits and Credits 42. True or False 43. Use of T-