Odomirok.1-5-Intro

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The first 5 chapters of Odomirok cover very basic accounting concepts.

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Study Tips

Spend no more than 15 minutes on this reading. You probably already know these basic accounting concepts, but it won't hurt to review them.

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  • this reading has not been tested on any exam from the year 2012 to Fall 2019 when the exams stopped being published.
reference part (a) part (b) part (c) part (d)
no prior questions

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In Plain English!

This is a good time to review SAP versus GAAP 8-9 from Odomirok.8-9-IS.

Note that this is also discussed in SAP versus GAAP 22-23 from Odomirok.22-23-GAAP.

The quiz below covers a few more basic accounting concepts.

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