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This Concept Map, created with IHMC CmapTools, has information related to: jlillywhite1, Business Exists to Provide and distribute Goods and/or Services, Accounts Record Finance History In Terms Of Debits, Mixed systems. These systems produce and distribute goods according to The direction of the governing body and the limited free will of the people in the free market system, Financial Accounting Duties Communicates Finance Info, Examples ???? Assets, Business organization is divided into Planning, The production of goods and services is determined by The free will of the people in the system, Examples ???? Expenses, Business organization is divided into Controlling, The current supply of goods and services ???? A group's or individual's willingness to sell goods and services at varying prices. (In other words, how much of the goods or services they've produced are they willing to give up to receive X amounts of money or resources), Scarcity is The inability of society to adequately meet the needs and wants of all its members due to the insuffeciency of resources., Accounting Branch of Financial Accounting, Resourcing encompasses the deployment and manipulation of human resources, Controlling dictates The day to day activites engaged in to reach the Business goals, Business Management was defined by Mary Parker Follett early in the 20th century, Business goals are to Provide and distribute Goods and/or Services, Communicates Finance Info To Public, Records Finance Info In Balance Sheet, Accounting Branch of Managerial Accounting, Groups and individuals determine which goods and services will be produced and distributed according to The current supply of goods and services