Module 1 Financial Accounting for MBAs Learning Objectives – Coverage by question True/False
Multiple Choice
LO2 – Identify and discuss the users and suppliers of financial statement information.
1- 4
1, 2
LO3 – Describe and examine the four financial statements, and define the accounting equation.
5-10
3-19
LO4 – Explain and apply the basics of profitability analysis.
11-13
20-25
14
26, 27
15
28-30
LO1 – Explain and assess the four main business activities.
LO5 – Assess business operations within the context of a competitive environment.
LO6 – Access reports filed with the SEC (Appendix 1A). LO7 – Describe the accounting principles and regulations that frame financial statements (Appendix 1B). These questions are available to assign in myBusinessCourse.
1-1
Financial & Managerial Accounting for MBAs, 6th Edition