Weight | Outcomes | Applied Learning | Specialized Knowledge | Intellectual Skills | Integrative/Broad Knowledge | Civic Learning | ||
14.2% | Develop a better knowledge of generally accepted accounting principles and become familiar with accounting terminology. | 50% | 25% | 15% | 5% | 5% | ||
14.3% | Learn to analyze the effects of business transactions and identify the relationships between assets, liabilities, and owner's equity. | 40% | 40% | 5% | 5% | 10% | ||
14.3% | Gain a better understanding of financial statements. | 50% | 50% | 0% | 0% | 0% | ||
14.3% | Use the general journal and general ledger to record accounting transactions. | 70% | 15% | 15% | 0% | 0% | ||
14.3% | Complete the accounting cycle including adjusting and closing entries. | 70% | 15% | 15% | 0% | 0% | ||
14.3% | Account for sales and accounts receivable and purchases and accounts payable using special journals. | 70% | 15% | 15% | 0% | 0% | ||
14.3% | Calculate the pricing of inventory using commonly accepted methods of costing such as LIFO, IFO, and weighted-average. | 40% | 14% | 40% | 0% | 5% |