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    South University Online

    ACC1002 is the second of a three-course sequence focusing on how stakeholders rely upon accounting information to assist them in their decision making activities. ACC1002 continues the study of the financial accounting system, including a study of the time value of money and the effects of various financing, investing, and operating activities on a firm’s earnings, financial position, and cash flows. It also begins the study of managerial accounting systems as an invaluable source of information to support managers’ decision-making activities and introduces a host of alternative cost concepts, including the concept of different costs for different purposes.



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