To begin, reread the Course Learning Outcomes we have covered in class which are as follows:

Implement the proper accounting procedures for liabilities.

Describe the nature and purpose of corporations.

Record transactions and prepare financial statements for a corporation.

Analyze, evaluate, and interpret financial statements for management purposes.

Describe Job Order and Process Costing systems.

For your initial discussion post, reflect on your learning throughout the course and answer the following questions:

Of the above Course Learning Outcomes, which has had the most and which has had the least impact on your learning? Elaborate your response.

Generally speaking, are operational budgets and capital budgets significantly different? Compare and contrast these budgeting methods listing at least two benefits and two drawbacks to each.

How will you apply what you have learned in this class as a foundation for learning in other courses? Explain.

Are the concepts and skills learned in this class helpful to you in your career? Describe.