Ch. 1 p.18

1. How does Managerial accounting differ from financial accounting?

Ch. 1 p.18

4) Name the three types of business entities and briefly describe the nature of each.

6) Pick any large company and identify which type of business entity it is.

Ch. 2 p.51

4) Name the three inventory accounts maintained by manufacturing firms and briefly describe the nature of each.

5) Name and briefly describe the three major categories used to account for manufacturing costs.