Biola_Catalog_19740101NA

Department of Business Administration and Economics

Professor : Livingston (chairman) Assistant Profe ssor: Powell

Department Major: 49 unit s, of which 24 must be upper division, leading to the Bachelor of Science Degree . The required core curriculum includes 111 , 191, 211, 212 , 221 , 320 , 330,361 , 362,470 , and Economics 201 , 202. Business Education courses are also available. The general education requirement for a foreign language for those following a Business Administration major may be met by two years of high school language or the first four units of a college language. 111 BUSINESS METHODS AND PROBLEMS (3) An introduction to the various major areas of business activity, ways in which businesses are organized , operated and financed , and types of problems they encounter. 191 BUSINESS MATHEMATICS (3) Essential business mathematics , especially for retailing, banking, finance, and insurance ; elementary statistical method s. 211, 212 PRINCIPLES OF ACCOUNTING (3, 3) Basic for all business majors and those seeking to learn the language .of business ; procedure for setting up a double entry bookkeeping system. Second semester: corporate account­ ing and elementary cost accounting methods . 211 prerequisite for 212 . 221 INTRODUCTION TO COMPUTER PROGRAMMING (3) How computers work; computer language ; flow charts ; simple problems in computer programming and in data processing. 229 PERSONAL AND FAMILY FINANCE (3) Managing family fin ances; budgeting ; use of credit ; borrowing money; savings methods; purchase of life , health , property, and auto insurance ; buying or renting property ; taxes ; buying securities; small business opportunities; wills and estates . 274 ADVERTISING PRINCIPLES (3) Advertising methods currently used for promotion of products, services , ideas, and events by business firms , trade associations, and community organizations, including the church; assigned student projects. Prerequisite: 111 or consent. 311, 312 INTERMEDIATE ACCOUNTING (3, 3) Advanced treatment of cash-flow , funds-flow analyses ; preparation of financial state­ ments, income tax allocation, valuation , forecasts, cash reconciliation. Prerequisites : 211, 212. 313 COST ACCOUNTING (3) Cost accounting from managerial, conceptual, and technical viewpoints; product , labor, material, and overhead costing; planning and control processes; analytical procedures. Prerequisite: 211 , 212 .

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