The role of current international agencies and treaties will be discussed in order to determine what environmental cooperation is possible within the current community of nation states. Cross-listed as PS 260. An application of the aforementioned to job order, cost systems, standard costs, flexible budgets, break-even analysis. A study of cost allocation, capital budgeting, joint and by-product costing. Detailed examination of process costing.
Course emphasizes decision-making.
I An introduction to Federal Income Tax Law. The Internal Revenue code is studied and applied to various tax situations of individuals. Topics include, gross income, exclusions, business expenses, nonbusiness deductions and realization of gain or loss. The preparation of returns for partnerships, s-corporations, and corporations constitutes the subject matter of the course. A course in the use of financial and accounting information.