2003-2004 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 prin- ciples, using specific problems and development of approaches 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 1410-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-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 Basic statistical concepts to include descriptive statistics, probability, probability distributions, estimation, tests of hypoth- eses, analysis of variance, simple regression and correlation. 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 charac- ter 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 net- works. Prerequisites: BUS-2150 Business Statistics; junior status. BUS-3280 3 hours Entrepreneurship and Service Practicum In this course, students will apply concepts from the corequisite courses in which they are enrolled to their own start-up business ventures and to community service projects. Students in the class will form a 30 to 35 person company. Each company will develop a plan of organization to form and operate a business for the semester, as well as an organizational and operating plan to complete a community service project. Prerequisites: MIS 1500; MIS 1510; ACCT 2110; ACCT 2120; BUS 2150; BUS 2180; ECON 2330; ECON 2340. Corequisites: MRKT 3600; MGMT 3500; FIN 3710 (Blocked courses) . 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 1-3 hours Independent Study in Business Administration 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 3-12 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. D r. Johnson serves as Professor of Management in the Department of Business Administration, Director of Institution Research, and is Director of Graduate Programs at Cedarville.