2002-2003 Academic Catalog

53 Business Administration School of Social Sciences and Professional Studies ACCT-4150 Government and Nonprofit Accounting 3 hours Accounting and reporting principles, standards, and procedures applicable to nonprofit organizations. Prerequisite: ACCT-3120 Intermediate Financial Accounting II; or permission of instructor. ACCT-4170 Advanced Managerial Accounting 3 hours Advanced topics in accounting for manufacturing companies and the use of the computer in cost accounting applications. Prerequisite: ACCT-3170 Managerial Accounting. ACCT-4190 CPA Review 3 hours Comprehensive review of the application of accounting principles, using specific problems and development of ap- proaches to problem solving. Useful as intensive preparation for the CPA examination. Prerequisite: ACCT-3120 Intermediate Financial Accounting II. ACCT-4210 Taxation of Business Entities 3 hours An examination of the tax provisions governing C Corporations, corporations, partnerships, and estates. Analyzes international and multi-state taxation of corporations. Prerequisite: ACCT- 4110 Federal Income Taxes. ACCT-4810 Seminar in Accounting 1 hour A forum for discussion of contemporary topics and issues in accounting. Current issues will be chosen from topics in financial and managerial accounting, auditing, tax, and governmental and nonprofit accounting. Prerequisites: ACCT-3170 Managerial Accounting; ACCT-4110 Federal Income Taxes; ACCT-4120 Auditing. Business Administration BUS-1990 Business Prologue 0 hour An introduction to the career opportunities in business and industry, a preview of the programs of study within business, and a look at ethical foundations for the study and practice of business as a Christian professional. Freshmen business majors are required to maintain enrollment in this program for both semesters of their freshman year. Open to undeclared students and business majors only. (Fee: $20) BUS-2150 Business Statistics 3 hours An introduction to statistical methods used in business decision making. Techniques utilizing descriptive and inferential statistics are employed. Prerequisite: GMTH-1040 Calculus for Business. BUS-2180 Business Law I 3 hours A study of the legal business law environment, contracts, sales, bailments, and property. BUS-2910 International Business 2 hours To give a global perspective of the business environment, international business terms are defined and the interactions of the various actors, firms, institutions, countries, and groups of countries are developed. An environmental approach including both cultural and financial perspectives develops a broad view of the world economy. BUS-2990 Personal Development 0 hours A program of activities to encourage the development of character traits in sophomore business students that are vital for their professional and personal growth. Sophomore business majors are required to maintain enrollment in this program for both semesters of their sophomore year. (Fee: $20) BUS-3150 Operations Analysis 3 hours Introduces mathematical methods of decision analysis. Topics include: probability, forecasting, decision under uncertainty, decision trees, inventory models, linear programming, and networks. Prerequisite: BUS-2150 Business Statistics; junior status. BUS-3180 Business Law II 3 hours A study of employee law, negotiable instruments, agency, partnership corporations, insurance, and will. Prerequisite: BUS- 2180 Business Law I. BUS-3400 Independent Study in Business Administration 1-3 hours Research in problems of accounting, management information systems, general business, economics, finance, management, or marketing. BUS-3410 Topics in Business 1-3 hours A variety of courses are covered under this heading on an experimental basis. This allows the department to meet the changing needs of the students without formally adding or dropping courses. BUS-3450 Business Internship 3-10 hours A work-study program designed for junior and senior business administration majors to receive a variety of job-related experi- ences in a business environment. The program is arranged and administered by the department. BUS-3990 Professional Development 0 hours A program of activities that prepares students to investigate career alternatives and initiate a job search strategy. Junior business majors are required to maintain enrollment in this program for both semesters of their junior year. (Fee: $30) BUS-4420 Business Ethics and Social Responsibility 2 hours Ethics asks questions about what goals one should pursue and what actions are appropriate in attempts to achieve these goals. The class examines alternative frameworks for analyzing difficult situations. Social responsibility refers to business decision- making linked to ethical values, compliance with legal require- ments, and respect for people, communities, and the environ- ment. Ultimately, the class will deal with how our biblical worldview defines and drives the choices we face in the busi- ness world. Open only to seniors in business administration. BUS-4990 Executive Development 0 hours A program of professional development activities that prepares students to move into a corporate environment. Senior business majors are required to maintain enrollment in this program during both semesters of their senior year. (Fee: $20) Dr. Marinus Hazen is the Chairman of the Department of Business Administration and has been at Cedarville since 1983.