Learning Outcomes Relationships

PLO 1: Contrast and apply various management concepts and techniques to starting and managing a small business.

CLO 1: Identify the role of accounting in society.
CLO 3: Apply the accounting model to determine the effect of financial transactions on a corporation's financial statement.
CLO 8: Account for key domain business activities: Long-term liabilities including effective Interest.
CLO 9: Evaluate business performance using various financial ratios and EPS.
CLO 10: Construct the balance sheet, income statement, statement of retained earnings and cash flow statement with the use of a calculator and/or computer.
CLO 12: Solve accounting problems by critically analyzing data in various business situations.

PLO 2: Distinguish between and analyze the multiple (economic, financial, legal components of business.

CLO 3: Apply the accounting model to determine the effect of financial transactions on a corporation's financial statement.
CLO 9: Evaluate business performance using various financial ratios and EPS.
CLO 11: Classify current assets and current liabilities.

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