Professional Documents
Culture Documents
Lesson 1 - Key Concepts of ABM
Lesson 1 - Key Concepts of ABM
concepts
of abm
Applied
ECONOMICS
In this subject, you learned the
concept of scarcity & allocation of
resources, choices, unlimited
human needs and wants, law of
supply and demand, basic
economic problems in the
country such as: what to produce,
for whom to produce and when to
produce
02
BUSINESS
MATHEMATICS.
FUNDAMENTALS OF
ABM 1 & 2
In accounting 1, you were introduced to the
definition of
accounting and the process of the accounting
cycle.
In accounting 2, your learned how to prepare the
Statement of Financial Position (balance
sheet) based from PAS (Philippine Accounting 02
Standards)
In this subject, you
learned about the
definition of finance
BUSINESS ETHICS
about ethical
principles, classical philosophies
and belief systems. Business
ethics such as the legal
AND SOCIAL
responsibilities of business
organizations are emphasized.
RESPONSIBILITY.
01