Josh's StudyWiki

Hot Cache

3 min read

Hot Cache

Rolling ~500-word summary of what Joshua is currently working on. Updated by Claude at the end of each session so future sessions can read it for instant context without recapping.

Active Focus

  • Course: ADMN 201 (Introduction to Business Studies)
  • Next exam: 2026-04-29 (3 days)
  • Quiz format in use: Fill-in-the-blank — definition/scenario given, user supplies the term. Identifies terminology recall gaps that MC misses.
  • Active parallel courses: PHIL 252 (Critical Thinking), ADMN 233 (Writing in Organizations)
  • Archived/reference course: ACC 926 (McMaster Intermediate Financial Accounting I, passed 2024) — ingested 2026-04-25 as a reference layer. New concepts/Accounting/ subject folder. Does not demand active study time; surfaces when ADMN 201’s intro framing of accounting/finance is too shallow for a question.

Current 🔴 Gaps (prioritize before April 29)

  • Ch5 ComparativeAdvantage — said “production cost”; correct term is opportunity cost. Comparative advantage = lower opportunity cost, not lower absolute production cost.
  • Ch14 OpenMarketOperations — said “Open Market Securities”; correct term is Open Market Operations. Securities are the instrument; the tool is the operation.

ACC 926 Ingest Summary (2026-04-25)

13 concept pages in concepts/Accounting/, 7 connection pages in connections/, 1 course overview, plus deeper-reference cross-links added to 7 existing ADMN 201 pages (Accounting, AccountingEquation-FinancialStatements, FinancialRatios, SecuritiesMarkets, InvestmentVehicles, LongTermFinancing, ShortTermFinancing). CLAUDE.md updated: ACC 926 added to Courses table (status: archived), concepts/Accounting/ added to Subject Folders. Source not modified; corpus stays in raw/ACC926/.

Final Pre-Exam Audit (2026-04-26)

Read all of raw/ADMN201/ against the 85 existing concept pages. Wiki is comprehensive — but four exam-relevant gaps surfaced:

  1. CustomerRelationshipManagement — Ch12 LO1: CRM was previously a brief paragraph inside MarketingConcept. Now its own page with data warehousing, data mining, crowdsourcing, Fairmont/Savoy example, privacy edge. Addresses the “CRM 1-attempt error” flagged in study plan.

  2. DiversificationAndROI — Ch15 LO7: investment risk-management mechanics were scattered. Now consolidated: diversification, asset allocation (younger 70/20/10 vs. older), Current Dividend Yield formula, Total Return % formula, Compound Growth, Time Value of Money intuition.

  3. CreditTermsAndCashFlow — Ch15 LO2: cash-management details. Credit policy (“2/10 net 30” decoding), Factoring vs. Pledging AR (sale vs. collateral — common exam trap), three inventory categories (Raw Materials → WIP → Finished Goods).

  4. BondPricingAndYields — Ch15 LO4: focused exam reference. Rate ↑ → Price ↓ inverse rule (resolved 2026-04-25 but fragile), premium/discount logic, bond quote interpretation (85 = $850), Bond Yield = Annual Interest ÷ Current Market Price, Moody’s & S&P rating scales.

Pages added to Priority 3 of study-plan for one-attempt drill on Apr 27. Index and ADMN201 course page updated with direct links.

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