ACC 422 Possible Is Everything--tutorialrank.com

1
ACC 422Possible Is Everything/tutorialrank.com
2
ACC 422Possible Is Everything/tutorialrank.com
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 422Possible Is Everything/tutorialrank.com
ACC 422 Entire Course (UOP Course) For more
course tutorials visit www.tutorialrank.com Tutori
al 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) ACC 422
Week 1 Individual Assignment Disclosure Analysis
Paper (UOP Course) ACC 422 Week 1 Summary (UOP
Course)
4
ACC 422Possible Is Everything/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 banksavings account 67,516 Chec
king account balance
5
ACC 422Possible Is Everything/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?
6
ACC 422Possible Is Everything/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?
7
ACC 422Possible Is Everything/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 banksavings account
67,516 Checking account balance 26,445 Cash on
hand 9,478 Postdated checks 753 Cash refund due
from IRS 40,324 Certificates of deposit (180-day)
94,754
8
ACC 422Possible Is Everything/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 organization?
9
ACC 422Possible Is Everything/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 organization?
10
ACC 422Possible Is Everything/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?
11
ACC 422Possible Is Everything/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 method over the other method? Which is the
best method? Why?
12
ACC 422Possible Is Everything/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 debt? Explain
your answer.
13
ACC 422Possible Is Everything/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? Explain
your answer.
14
ACC 422Possible Is Everything/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 the companys most
recent financial statements using the Internet.
15
ACC 422Possible Is Everything/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 companys most
recent financial statements using the Internet.
16
ACC 422Possible Is Everything/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 each week.
Team A Nordstrom Inc.
Team B Macy's Inc. Locate your assigned
company's latest audited financial statements and
post them on the assignment tab.
17
ACC 422Possible Is Everything/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
Brief Exercise 7-7 Exercise 7-4
18
ACC 422Possible Is Everything/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 or retail
inventory, is best? Explain your answer.
19
ACC 422Possible Is Everything/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 retail
inventory, is best? Explain your answer.
20
ACC 422Possible Is Everything/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 differences? What is the
impact to the companies financial statements?
21
ACC 422Possible Is Everything/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 fixed
asset? Should interest be included in the cost of
a fixed asset? Explain why or why not.
22
ACC 422Possible Is Everything/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 financial statements?
23
ACC 422Possible Is Everything/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 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
financial statements?
24
ACC 422Possible Is Everything/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 Tutori
al Purchased 4 Times, Rating A
ResourceIntermediate Accounting Prepare written
responses to the following assignments from the
text Ch. 7 Exercises E7-2
E7-8 Ch. 8 Question 13 and Exercises E8-5 E8-14
25
ACC 422Possible Is Everything/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
ResourceIntermediate Accounting Prepare written
responses to the following assignments from the
text
26
ACC 422Possible Is Everything/tutorialrank.com
ACC 422 Week 2 Summary (UOP Course) For more
course tutorials visit www.tutorialrank.com Tutori
al Purchased 1 Times, Rating A Post a 150
words summary what you have learned this week
27
ACC 422Possible Is Everything/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 Exercise 8-2 Exercise 8-9 (Part
Level Submission) Exercise 8-12 (Part Level
Submiss
28
ACC 422Possible Is Everything/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
fixed assets? Explain why or why not.
29
ACC 422Possible Is Everything/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. Should the financial
statements reflect the value of fixed assets?
Explain why or why not.
30
ACC 422Possible Is Everything/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?
31
ACC 422Possible Is Everything/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?
32
ACC 422Possible Is Everything/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
ResourceIntermediate Accounting Prepare written
responses to the following assignments from the
text
33
ACC 422Possible Is Everything/tutorialrank.com
ACC 422 Week 3 Summary (UOP Course) For more
course tutorials visit www.tutorialrank.com Tutori
al Purchased 1 Times, Rating A Post a 150
words summary what you have learned this week
34
ACC 422Possible Is Everything/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-term debt on a yearly b
35
ACC 422Possible Is Everything/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
amortized? What is the implication to the
financial statements?
36
ACC 422Possible Is Everything/tutorialrank.com
ACC 422 Week 3 DQ 4 For more course tutorials
visit www.tutorialrank.com ACC 422 Week 3 DQ 4
37
ACC 422Possible Is Everything/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 ResourceIntermediate
Accounting Prepare written responses to the
following assignments from the text
Ch. 9 Exorcices E9-1, E9-12, E9-19
38
ACC 422Possible Is Everything/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? What is the implication to the
financial statements?
39
ACC 422Possible Is Everything/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 422Possible Is Everything/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 contingencies? Should
companies record a liability for threatened
litigation? Explain why or why not.
41
ACC 422Possible Is Everything/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 contingencies? Should
companies record a liability for threatened
litigation? Explain why or why not.
42
ACC 422Possible Is Everything/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 422Possible Is Everything/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? How do you
value bonds? What factors can affect that value?
44
ACC 422Possible Is Everything/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? How do you
value bonds? What factors can affect that value?
45
ACC 422Possible Is Everything/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 ResourceIntermediate
Accounting Prepare written responses to the
following assignments from the text
Ch. 11 Exercises E11-4 E11-11 Ch.
12 Exercises E12-6 E12-16
46
ACC 422Possible Is Everything/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 T
utorial Purchased 2 Times, Rating B
ResourceIntermediate Accounting Prepare written
responses to the following assignments from the
text Ch. 11 Exercise E11-18
Problem P11-
47
ACC 422Possible Is Everything/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 leases?
48
ACC 422Possible Is Everything/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
lease versus a capital lease on an entitys
financial statements?
49
ACC 422Possible Is Everything/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? What are the implications of an operating
lease versus a capital lease on an entitys
financial statements?
50
ACC 422Possible Is Everything/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?
51
ACC 422Possible Is Everything/tutorialrank.com
ACC 422 Week 5 DQ 3 (UOP Course) For more course
tutorials visit www.tutorialrank.com Tutorial
Purchased 1 Times, Rating A 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 422Possible Is Everything/tutorialrank.com
ACC 422 Week 5 DQ 4 (UOP Course) For more course
tutorials visit www.tutorialrank.com What are
the advantages of operating and capital leases?
What are the disadvantages? Why would a company
pick one over the other?
53
ACC 422Possible Is Everything/tutorialrank.com
ACC 422 Week 5 Individual Assignment From The
Text E13-1,E13-7,E13-11 And E13-13 (UOP
Course) For more course tutorials
visit www.tutorialrank.com Tutorial Purchased 4
Times, Rating A ResourceIntermediate
Accounting Prepare written responses to the
following assignments listed at the end of each
chapter
54
ACC 422Possible Is Everything/tutorialrank.com
ACC 422 Week 5 Learning Team Assignment From The
Text P13-4,E14-21 And E21-7 (UOP Course) For more
course tutorials visit www.tutorialrank.com Tutori
al Purchased 2 Times, Rating B
ResourceIntermediate Accounting Prepare written
responses to the following assignments from the
text
55
ACC 422Possible Is Everything/tutorialrank.com
ACC 422 week 5 Learning Team Problem Presentation
(UOP Course) For more course tutorials
visit www.tutorialrank.com Collaborate as a
team to provide written responses to a
facilitator-assigned problem. Prepare a 5- to
10-minute oral presentation accompanied by a 7-
to 9-slide Microsoft PowerPoint presentation
illustrating your teams solution to the assigned
problem.
56
ACC 422Possible Is Everything/tutorialrank.com
ACC 422 week 5 Learning Team Problem Presentation
(UOP Course) For more course tutorials
visit www.tutorialrank.com Tutorial Purchased 3
Times, Rating A Collaborate as a team to
provide written responses to a facilitator-assigne
d problem. Prepare a 5- to 10-minute oral
presentation accompanied by a 7- to 9-slide
MicrosoftPowerPoint presentation illustrating
your teams solution to the assigned problem.
57
ACC 422Possible Is Everything/tutorialrank.com