Data Analytics For Accounting
19th Edition
ISBN: 9781260375190
Author: RICHARDSON, Vernon J., Teeter, Ryan, Terrell, Katie
Publisher: Mcgraw-hill Education,
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Textbook Question
Chapter 2, Problem 4P
Which attributes from the College Scorecard data would you need to compare completion rate across types of institutions (public, private non-profit, or private for-profit)?
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How can the performance of colleges and universities be measured?
What tools exist to assist with performance measurement?
What is the most common form for the financial statements prepared by public colleges and universities?
How could your college or university use the concepts in the balanced scorecard? List two possible performance measures that would be relevant to a college or university, for each of the balanced scorecard’s four areas.
Chapter 2 Solutions
Data Analytics For Accounting
Ch. 2 - Prob. 1MCQCh. 2 - Prob. 2MCQCh. 2 - Prob. 3MCQCh. 2 - Prob. 4MCQCh. 2 - Prob. 5MCQCh. 2 - Prob. 6MCQCh. 2 - Prob. 7MCQCh. 2 - Prob. 8MCQCh. 2 - Prob. 9MCQCh. 2 - Prob. 10MCQ
Ch. 2 - Prob. 1DQCh. 2 - Prob. 2DQCh. 2 - Prob. 3DQCh. 2 - Prob. 4DQCh. 2 - Prob. 5DQCh. 2 - Prob. 6DQCh. 2 - Prob. 7DQCh. 2 - Prob. 8DQCh. 2 - Prob. 9DQCh. 2 - Prob. 10DQCh. 2 - Prob. 1PCh. 2 - Prob. 2PCh. 2 - Prob. 3PCh. 2 - Which attributes from the College Scorecard data...Ch. 2 - Prob. 5PCh. 2 - Which attributes from the College Scorecard data...Ch. 2 - Use the College Scorecard data to determine if...Ch. 2 - Prob. 8PCh. 2 - Prob. 9P
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- 1. What are the four areas of the Balanced Scorecard? Identify and define them. Also, pick two areas and suggest how they might be used by a college/university.arrow_forwardWhat financial statements are required for private not-for-profit colleges and universities?arrow_forwardThe amount of ‘College fees received from students’ by a Non-profit organization is shown in which of the following?Select one:a. Expenditure accountb. Income accountc. Liability accountd. Assets accountarrow_forward
- Your college wants to monitor the efficiency and quality of its course registration process. Identify two input and two output measures for this process. Additionally, explain why your college would use nonfinancial measures for this process.arrow_forwardConsider education as a product. What are the direct costs and the indirect costs to a university in educating a student?arrow_forwardBuilding financial plan ( college student)arrow_forward
- Give an example of an open system in the context of University?arrow_forwardWhich of the following criteria has the LEAST impact on determining how much federal aide you can receive for college? A. Student income B. Parents Income C. Number of siblings attending college D. GPAarrow_forwardWhy is there a need for you to propose the project or program? What are the benefits that your community/locality can get from the implementation of such?arrow_forward
- What differences besides the names and contents of the three basic statements would a financial statement reader find between a public university and a private, nonprofit university?arrow_forwardIdentify a particular support function of a college (the library, for example). Discuss possible allocation bases that might be used to allocate costs in the function to programs (degrees) or students.arrow_forwardConsidering the importance of financial record keeping, which financial documents do you need keep, file and report? Which method is best for creating and organizing them in a timely and accurate way? Why are these documents so important for your grant writing, foundation proposals, and other funding events? How do these documents enhance credibility and reputation with potential funding sources?arrow_forward
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