BIZ201 Accounting For Decision Making Assessment Answers

Explain BIZ201 Accounting For Decision Making Assignment Answers Course Code

The purpose of the BIZ201 Accounting For Decision Making Assignment Answers course is to provide a foundation for further accounting studies while also meeting the needs of students from other fields of business management. In addition, BIZ201 Accounting For Decision Making Assignment course will also introduce the students to basic accounting concepts and selected accounting practices, and it will also emphasize the role of planning and decision making in the business environment, as well as the processes involved in front of the student pursuing this course.

Students will look at how accounting and management planning may help organizations make better decisions. To pass BIZ201 Accounting For Decision Making Assignment Answerscourse the students should be able to amalgamate the principles and important professional practices of accounting concepts, cash and accrual accounting, financial statement preparation, and business ownership forms and their impact on financial statements. Students will also be able to critically evaluate the use of budgets for control and performance reporting, analysis and interpretation, performance assessment, the operational cycle, and short-term decision making and cost behavior following an introduction to budgeting.

The unit BIZ201 is to provide students with detailed knowledge as to how people interact in the organization related to financial matters, considering the factors that plays an important role and affects the decision making within the business organization. A variety of topics has been dealt in this course for instance basic accounting concepts and selected accounting practices, and it will also emphasize the role of planning and decision making in the business environment, as well as the processes involved, and various other business topics are dealt.

 BIZ201 Accounting For Decision Making Assignment course will also be helpful to understand the dynamics of the business environment in a larger spectrum. The students will also get to know the constraints faced by the managers and the authority in terms of accounting and other financial practices, and how they overcome barriers so that accordingly the students can also develop their skills. A very brief introduction of the course will be provided as it will help to understand the overview of the course in a nutshell and based on that students will understand the importance of the course and how to apply it.

The students in BIZ201 Accounting For Decision Making Assignment course will get an opportunity to learn about the elements that have the biggest influence on accounting practices and various perspectives and elements associated with it. Various perspectives associated with decision making especially related to finance will also be given importance and it will also be ensured that the students are also able to critically evaluate the use of budgets for controlling the business and preparing a report based on performance, analysis and interpretation, performance assessment, the operational cycle, and short-term decision making and cost behavior following an introduction to budgeting will also be looked upon and it will be ensured that students will be able to handle matters related to this.

Additionally, students in BIZ201 Accounting For Decision Making course will also be able to analyze the roles and functions of the managers especially those related to finance and along with that also discussion will be made about the challenges and risk the managers face in the contemporary organizations related to decision making. Along with that BIZ201 Accounting For Decision Making course will also emphasize the impact of values, reporting on performance and ethics will be done. The performance of the organization and the structure will also be analyzed under this course. BIZ201 Accounting For Decision Making course will prove to be helpful for students and will be a stepping stone for a successful career.

Unit Details

Location- Baltimore, Maryland, in the United State (Laureate International University)

Study level- Undergraduate

Credit points- 12

Unit code- BIZ201

Brief of the BIZ201 Accounting For Decision Making Assessment Course

The BIZ201 Accounting For Decision Making assessment task will be designed in way that will help to reinforce and increase knowledge and the skills of the students along with a set of controlled parameters in regard to the learning outcome and the criteria required for performance. Provisions will also be made so that the knowledge gained can be used for practical application with the help of specially designed tasks so that the outcome is positive, in a stipulated time period and timelines.  

A variety of topics has been dealt with in BIZ201 Accounting For Decision Making Assessment course for instance basic accounting concepts and selected accounting practices, and it will also emphasize the role of planning and decision making in the business environment, as well as the processes involved, and determining managerial roles. A very brief introduction of the BIZ201 course will be provided as it will help to understand the overview of the course in a nutshell and based on that students will understand the importance of the course and how to apply it.

Weightage of the BIZ201 Accounting For Decision Making Task Solution Course

The type of assessment that will be followed is test, focus will be put-on multiple-choice test and three progressive tests will be taken with 10%, 10%, and 30 % in weightage that comes to 50 %. In BIZ201 Accounting For Decision Making the assignment will be share market listed and the grade for that will be 30%. The students will also be required to write a journal where they will self-reflect on the experience gained and the grade allocated for this will be around 20%.  

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Along with the assessment mentioned above and the percentage provide another type of assessment is followed and that is the students are provided with real-life scenarios where they need to prepare reports and case studies in order to see and test the level of understanding achieved by the students in this course.

They also have to portray their knowledge as to how they will utilize theories within an organization.  The students should also have to showcase their understanding of the structure of a few organizations that they wish to work for and how they will adapt themselves to the culture of the organization and manage things for instance issues related to finance. Making decisions related to finance is quite difficult to take and hence it will be assessed as to how the students can make decisions related to accounting. This is how the students will be examined in the BIZ201 Accounting For Decision Making Task course in order to ensure that they are taking maximum knowledge from the course provided to them and applying it successfully in their professional careers.

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