Liberty University 3 credits ACCT
This course is a study of the principles and procedures used in the collection, recording, and reporting of costs utilizing applied learning exercises and data analysis tools. Balance sheet inventory valuation and the related Income Statement cost of goods sold valuation, determined using both job order costing and process costing, are emphasized as well as activity based costing. Revenue and expense budgeting techniques, including capital asset evaluations, are covered in-depth.
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