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ACC 422Competitive Success/tutorialrank.com

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1 ACC 422Competitive Success/tutorialrank.com

2 ACC 422 Week 1 Discussion Question 3 (UOP Course) For more course tutorials visit www.tutorialrank.com ACC 421 Week 1 Discussion Question 3 (UOP Course)

3 ACC 422Competitive Success/tutorialrank.com ACC 422 Entire Course (UOP Course) For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 4 Times, Rating: A+ ACC 422 Week 1 DQ 1 (UOP Course) ACC 422 Week 1 DQ 2 (UOP Course) ACC 422 Week 1 DQ 3 (UOP Course

4 ACC 422Competitive Success/tutorialrank.com ACC 422 Final Exam Guide 1 For more course tutorials visit www.tutorialrank.com 1. Kraft Enterprises owns the following assets at December 31, 2012. Cash in bank–savings account 67,516 Checking account balance

5 ACC 422Competitive Success/tutorialrank.com ACC 422 Final Exam Guide 2 For more course tutorials visit www.tutorialrank.com SET 2 1) Which of the following is considered cash? 2) Bank overdrafts, if material, should be 3) Which of the following is NOT considered cash for financial reporting purposes? 4) If a company employs the gross method of recording accounts receivable from customers, then sales discounts taken should be reported as 5) Which of the following methods of d

6 ACC 422Competitive Success/tutorialrank.com ACC 422 Final Exam Guide 3 For more course tutorials visit www.tutorialrank.com SET 3 1) Which of the following is NOT considered cash for financial reporting purposes? 2) What is the preferable presentation of accounts receivable from officers, employees, or affiliated companies on a balance sheet? 3) Which of the following items should NOT be included in the Cash caption on the balance sheet? 4) The advantage of relating a company's bad debt expense to its outstanding accounts receivable is that this approach

7 ACC 422Competitive Success/tutorialrank.com ACC 422 Final Exam Guide All 3 Sets For more course tutorials visit www.tutorialrank.com Details of All 180 Questions Given Below SET 1 1. Kraft Enterprises owns the following assets at December 31, 2012. Cash in bank–savings account 67,516 Che

8 ACC 422Competitive Success/tutorialrank.com ACC 422 Week 1 DQ 1 (UOP Course) For more course tutorials visit www.tutorialrank.com Consider how an organization must manage cash, receivables, and inventory. Which of the three variables is the most important to manage? Is one more susceptible to fraud and errors than the others? Explain your answer. How would a misstatement in each affect the organiz

9 ACC 422Competitive Success/tutorialrank.com ACC 422 Week 1 DQ 1 (UOP Course) For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 1 Times, Rating: A Consider how an organization must manage cash, receivables, and inventory. Which of the three variables is the most important to manage? Is one more susceptible to fraud and errors than the others? Explain your answer. How would a misstatement in each affect the organizatio

10 ACC 422Competitive Success/tutorialrank.com ACC 422 Week 1 DQ 2 (UOP Course) For more course tutorials visit www.tutorialrank.com What is the perpetual method of tracking inventory? How does it differ from the periodic method of tracking inventory? Why would a company choose one method over the other method? Which is the best method? Why?

11 ACC 422Competitive Success/tutorialrank.com ACC 422 Week 1 DQ 2 (UOP Course) For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 1 Times, Rating: No rating What is the perpetual method of tracking inventory? How does it differ from the periodic method of tracking inventory? Why would a company choose one meth

12 ACC 422Competitive Success/tutorialrank.com ACC 422 Week 1 DQ 3 (UOP Course) For more course tutorials visit www.tutorialrank.com What are the different ways to estimate bad debt? How does this affect net income? What does Generally Accepted Accounting Principles (GAAP) require? Why? Should all companies have bad deb

13 ACC 422Competitive Success/tutorialrank.com ACC 422 Week 1 DQ 3 (UOP Course) For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 2 Times, Rating: A What are the different ways to estimate bad debt? How does this affect net income? What does Generally Accepted Accounting Principles (GAAP) require? Why? Should all companies have bad debt? Explai

14 ACC 422Competitive Success/tutorialrank.com ACC 422 Week 1 Individual Assignment Disclosure Analysis Paper (UOP Course) For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 4 Times, Rating: B+ Resource: Internet Select a publicly held company to use as the basis for this assignment. Research your selected company and acquire th

15 ACC 422Competitive Success/tutorialrank.com ACC 422 Week 1 Individual Assignment Disclosure Analysis Paper (2 Papers) For more course tutorials visit www.tutorialrank.com This Tutorial contains 2 Papers Resource: Internet Select a publicly held company to use as the basis for this assignment. Research your selected company and acquire the company’s most recent financial statements using the Internet.

16 ACC 422Competitive Success/tutorialrank.com ACC 422 Week 1 Team Assignment Audited Financial Statements (Nordstrom Inc.) For more course tutorials visit www.tutorialrank.com Each team is assigned a publically traded company that they will use to answer the questions in the Financial Scavenger Hunt assigned eac

17 ACC 422Competitive Success/tutorialrank.com ACC 422 Week 1 Wileyplus BE 7-1, BE 7-7, Ex 7-4, Ex 7-9, Ex 7-22, Ex 7-24, CA 7-2, Pr 7-4 (with Excel File) For more course tutorials visit www.tutorialrank.com This Tutorial contains Excel File which can be used to solve for any values Complete the following assignments in WileyPLUS: · Brief Exercise 7-1

18 ACC 422Competitive Success/tutorialrank.com ACC 422 Week 2 DQ 1 (UOP Course) For more course tutorials visit www.tutorialrank.com Under what circumstances would a company need to estimate its inventory? What are the differences between using the gross profit method and retail inventory method for estimating inventory? Which method of estimation, gross profit

19 ACC 422Competitive Success/tutorialrank.com ACC 422 Week 2 DQ 1 (UOP Course) For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 1 Times, Rating: B+ Under what circumstances would a company need to estimate its inventory? What are the differences between using the gross profit method and retail inventory method for estimating inventory? Which method of estimation, gross profit or re

20 ACC 422Competitive Success/tutorialrank.com ACC 422 Week 2 DQ 2 (UOP Course) For more course tutorials visit www.tutorialrank.com How do we account for the disposition of fixed assets? What are the differences in how the exchanges of assets are handled, pending on whether they are similar or dissimilar? What is the rationale for these differenc

21 ACC 422Competitive Success/tutorialrank.com ACC 422 Week 2 DQ 2 (UOP Course) For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 2 Times, Rating: A+ What are the criteria for capitalization of fixed assets? What items are included in the cost of a fixe

22 ACC 422Competitive Success/tutorialrank.com ACC 422 Week 2 DQ 3 (UOP Course) For more course tutorials visit www.tutorialrank.com How do we account for the disposition of fixed assets? What are the differences in how the exchanges of assets are handled, pending on whether they are similar or dissimilar? What is the rationale for these differences? What is the impact to the companies’ finan

23 ACC 422Competitive Success/tutorialrank.com ACC 422 Week 2 DQ 3 (UOP Course) For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 1 Times, Rating: A How do we account for the disposition of fixed assets? What are the differences in how the exchang

24 ACC 422Competitive Success/tutorialrank.com ACC 422 Week 2 Individual Assignment E7-2, E7-8,Q13,E8-5 And E8-14 (UOP Course) For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 4 Times, Rating: A+ Resource:Intermediate Accounting Prepare written responses to the following assignments from the text: · Ch. 7: Exercises E7-2 & E7-8

25 ACC 422Competitive Success/tutorialrank.com ACC 422 Week 2 Learning Team Assignment From The Text P7-10 And E8-25 (UOP Course) For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 2 Times, Rating: A+ Resource:Intermediate Accounting Prepare written responses to the following

26 ACC 422Competitive Success/tutorialrank.com ACC 422 Week 2 Summary (UOP Course) For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 1 Times, Rating: A Post a 150 words summary what you have learned this week

27 ACC 422Competitive Success/tutorialrank.com ACC 422 Week 2 Wileyplus Ex 8-2, Ex 8-9, Ex 8-12, Ex 9-2, Ex 9-7, Ex 9-17, Ex 9-18, Ex 9-20, Ex 9-22 (with Excel File) For more course tutorials visit www.tutorialrank.com This Tutorial contains Excel File which can be used to solve for any values Complete the following assignments i

28 ACC 422Competitive Success/tutorialrank.com ACC 422 Week 3 DQ 1 (UOP Course) For more course tutorials visit www.tutorialrank.com What is the purpose of depreciation? Does the book value of a fixed asset (cost minus accumulated depreciation) communicate to a user what the asset is worth? Explain why or why not. Should the financial statements reflect the value of

29 ACC 422Competitive Success/tutorialrank.com ACC 422 Week 3 DQ 1 (UOP Course) For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 1 Times, Rating: A What is the purpose of depreciation? Does the book value of a fixed asset (cost minus accumulated depreciation) communicate to a user what the asset is worth? Explain why or why not.

30 ACC 422Competitive Success/tutorialrank.com ACC 422 Week 3 DQ 2 (UOP Course) For more course tutorials visit www.tutorialrank.com What are the different methods used to calculate depreciation? How does a company decide which method it should utilize? How does its choice affect the financial statements? Should companies standardize the method of d

31 ACC 422Competitive Success/tutorialrank.com ACC 422 Week 3 DQ 2 (UOP Course) For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 2 Times, Rating: A+ What are the different methods used to calculate depreciation? How does a company decide which method it should utilize? How does its choice affect the financial statements? Should companies standardize the method of deprec

32 ACC 422Competitive Success/tutorialrank.com ACC 422 Week 3 DQ 3 (UOP Course) For more course tutorials visit www.tutorialrank.com What is an intangible asset? Should all intangible assets be subject to amortization? Explain why or why not. Why are some intangible assets not amortize

33 ACC 422Competitive Success/tutorialrank.com ACC 422 Week 3 DQ 3 (UOP Course) For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 1 Times, Rating: B+ What is an intangible asset? Should all intangible assets be subject to amortization? Explain why or why not. Why are some intangible assets not amortized?

34 ACC 422Competitive Success/tutorialrank.com ACC 422 Week 3 DQ 4 For more course tutorials visit www.tutorialrank.com ACC 422 Week 3 DQ 4

35 ACC 422Competitive Success/tutorialrank.com ACC 422 Week 3 Individual Assignment From the Text E9-1,E9- 12,E9-19,E10-5 And E10-12 (UOP Course) For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 4 Times, Rating: A Resource:Intermediate Accounting Prepare written responses to the follow

36 ACC 422Competitive Success/tutorialrank.com ACC 422 Week 3 Learning Team Assignment From The Text P9-9 And P10-8 (UOP Course) For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 3 Times, Rating: B+ Resource:Intermediate Accounting Prepare written responses to the following assign

37 ACC 422Competitive Success/tutorialrank.com ACC 422 Week 3 Summary (UOP Course) For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 1 Times, Rating: A Post a 150 words summary what you have learned this week *********************************

38 ACC 422Competitive Success/tutorialrank.com ACC 422 Week 4 DQ 1 (UOP Course) For more course tutorials visit www.tutorialrank.com What are the criteria for classifying an item as a current liability? What are some examples of current liabilities? Why is it important to classify a portion of long-te

39 ACC 422Competitive Success/tutorialrank.com ACC 422 Week 4 DQ 1 (UOP Course) For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 1 Times, Rating: A What are the criteria for classifying an item as a current liability? What are some examples of current liabilities? Why is it important to classify a portion of long-term debt on a yearly basis as a current liability? What is the implication of misclassifying a liability as current or long- term?

40 ACC 422Competitive Success/tutorialrank.com ACC 422 Week 4 DQ 2 (UOP Course) For more course tutorials visit www.tutorialrank.com What is a contingency? Why are contingencies important to users of financial statements? What are the criteria for recording contingenci

41 ACC 422Competitive Success/tutorialrank.com ACC 422 Week 4 DQ 2 (UOP Course) For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 2 Times, Rating: A What is a contingency? Why are contingencies important to users of financial statements? What are the criteria for recording contingen

42 ACC 422Competitive Success/tutorialrank.com ACC 422 Week 4 DQ 3 (UOP Course) For more course tutorials visit www.tutorialrank.com What is a bond? What are some features of a bond? How do you value bonds? What factors can affect that value?

43 ACC 422Competitive Success/tutorialrank.com ACC 422 Week 4 DQ 3 (UOP Course) For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 1Times, Rating: B+ What is a bond? What are some features of a bond

44 ACC 422Competitive Success/tutorialrank.com ACC 422 Week 4 DQ 3 (UOP Course) For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 1 Times, Rating: B+ What is a bond? What are some features of a bond?

45 ACC 422Competitive Success/tutorialrank.com ACC 422 Week 4 Individual Assignment From The Text E11-4,E11- 11,E12-6 And E12-16 (UOP Course) For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 3 Times, Rating: A+ Resource:Intermediate Accounting Prepare written responses to the following assignments from the text:

46 ACC 422Competitive Success/tutorialrank.com ACC 422 Week 4 Learning Team Assignment From The Text E11- 18,P11-10 And P12-3 (UOP Course) For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 2 Times, Rating: B+ Resource:Intermediate Accounting Prepare written responses to the following assignments from the text: · Ch. 11: Exercise E11-18 & Pro

47 ACC 422Competitive Success/tutorialrank.com ACC 422 Week 5 DQ 1 (UOP Course) For more course tutorials visit www.tutorialrank.com What are the differences between a direct-financing and a sales-type lease for a lessor? Why would a lessor provide direct-financing to a lessee? What types of organizations provide direct-financing l

48 ACC 422Competitive Success/tutorialrank.com ACC 422 Week 5 DQ 1 (UOP Course) For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 2 Times, Rating: A What are the differences between a direct-financing and a sales-type lease for a lessor? Why would a lessor provide direct-financing to a lessee?

49 ACC 422Competitive Success/tutorialrank.com ACC 422 Week 5 DQ 2 (UOP Course) For more course tutorials visit www.tutorialrank.com What are the criteria for classifying a lease as operating or capital? Why is there a difference between the two? What are the implications of an operating le

50 ACC 422Competitive Success/tutorialrank.com ACC 422 Week 5 DQ 2 (UOP Course) For more course tutorials visit www.tutorialrank.com Tutorial Purchased: 1 Times, Rating: No rating What are the criteria for classifying a lease as operating or capital? Why is there a difference between the two?

51 ACC 422Competitive Success/tutorialrank.com ACC 422 Week 5 DQ 3 (UOP Course) For more course tutorials visit www.tutorialrank.com What is residual value? What is the implication to the lessee if the residual value is guaranteed or unguaranteed? What is the implication to the lessor?

52 ACC 422Competitive Success/tutorialrank.com


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