ACC 422 NERD Teaching Resources / acc422nerd.com

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ACC 422 NERD Teaching Resources / acc422nerd.com
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ACC 422 NERD Teaching Resources
ACC 422 Final Exam Guide 1 FOR MORE CLASSES
VISIT www.acc422nerd.com   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
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ACC 422 NERD Teaching Resources
ACC 422 Final Exam Guide 2 FOR MORE CLASSES
VISIT www.acc422nerd.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?
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ACC 422 NERD Teaching Resources
ACC 422 Final Exam Guide 3 FOR MORE CLASSES
VISIT www.acc422nerd.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
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ACC 422 NERD Teaching Resources
ACC 422 Final Exam Guide All 3 Sets FOR MORE
CLASSES VISIT www.acc422nerd.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
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ACC 422 NERD Teaching Resources
ACC 422 Week 1 DQ 1 FOR MORE CLASSES
VISIT www.acc422nerd.com   Consider how an
organization must manage cash, receivables, and
inventory. Which of the three variables is the
most important
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ACC 422 NERD Teaching Resources
ACC 422 Week 1 DQ 2 FOR MORE CLASSES
VISIT www.acc422nerd.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?
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ACC 422 NERD Teaching Resources
ACC 422 Week 1 DQ 3 FOR MORE CLASSES
VISIT www.acc422nerd.com   What are the different
ways to estimate bad debt? How does this affect
net income?
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ACC 422 NERD Teaching Resources
ACC 422 Week 1 Individual Assignment Disclosure
Analysis Paper (2 Papers) FOR MORE CLASSES
VISIT www.acc422nerd.com   This Tutorial contains
2 Papers Resource Internet Select a publicly
held company to use as the basis for this
assignment.
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ACC 422 NERD Teaching Resources
ACC 422 Week 1 Team Assignment Audited Financial
Statements (Nordstrom Inc.) FOR MORE CLASSES
VISIT www.acc422nerd.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.
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ACC 422 NERD Teaching Resources
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 CLASSES VISIT www.acc422ner
d.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
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ACC 422 NERD Teaching Resources
ACC 422 Week 2 DQ 1 FOR MORE CLASSES
VISIT www.acc422nerd.com   Under what
circumstances would a company need to estimate
its inventory?
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ACC 422 NERD Teaching Resources
ACC 422 Week 2 DQ 2 FOR MORE CLASSES
VISIT www.acc422nerd.com   What are the criteria
for capitalization of fixed assets? What items
are included in the cost of a fixed asset?
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ACC 422 NERD Teaching Resources
ACC 422 Week 2 DQ 3 FOR MORE CLASSES
VISIT www.acc422nerd.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?
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ACC 422 NERD Teaching Resources
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 CLASSES
VISIT www.acc422nerd.com   This Tutorial contains
Excel File which can be used to solve for any
values Complete the following assignments i
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ACC 422 NERD Teaching Resources
ACC 422 Week 3 DQ 1 FOR MORE CLASSES
VISIT www.acc422nerd.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.
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ACC 422 NERD Teaching Resources
ACC 422 Week 3 DQ 2 FOR MORE CLASSES
VISIT www.acc422nerd.com   What are the different
methods used to calculate depreciation? How does
a company decide which method it should utilize?
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ACC 422 NERD Teaching Resources
ACC 422 Week 3 DQ 3 FOR MORE CLASSES
VISIT www.acc422nerd.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?
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ACC 422 NERD Teaching Resources
ACC 422 Week 4 DQ 1 FOR MORE CLASSES
VISIT www.acc422nerd.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 basis as a
current liability?
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ACC 422 NERD Teaching Resources
ACC 422 Week 4 DQ 2 FOR MORE CLASSES
VISIT www.acc422nerd.com   What is a
contingency? Why are contingencies important to
users of financial statements? What are the
criteria for recording contingencies?
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ACC 422 NERD Teaching Resources
ACC 422 Week 4 DQ 3 FOR MORE CLASSES
VISIT www.acc422nerd.com   What is a bond? What
are some features of a bond? How do you value
bonds? What factors can affect that value?
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ACC 422 NERD Teaching Resources
ACC 422 Week 4 Team Assignment Financial
Scavenger Hunt 3 FOR MORE CLASSES
VISIT www.acc422nerd.com   Review the financial
statements, including any notes and supplemental
information, and answer the following questions.
Indicate where you found the answer to the
questions.
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ACC 422 NERD Teaching Resources
ACC 422 Week 5 DQ 1 FOR MORE CLASSES
VISIT www.acc422nerd.com   What are the
differences between a direct-financing and a
sales-type lease for a lessor?
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ACC 422 NERD Teaching Resources
ACC 422 Week 5 DQ 2 FOR MORE CLASSES
VISIT www.acc422nerd.com   What are the criteria
for classifying a lease as operating or
capital? Why is there a difference between the
two?
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ACC 422 NERD Teaching Resources
ACC 422 Week 5 DQ 3 FOR MORE CLASSES
VISIT www.acc422nerd.com   What is residual
value? What is the implication to the lessee if
the residual value is guaranteed or unguaranteed?
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ACC 422 NERD Teaching Resources
ACC 422 Week 5 DQ 4 FOR MORE CLASSES
VISIT www.acc422nerd.com   Week 5 DQ 4 What are
the advantages of operating and capital leases?
What are the disadvantages? Why would a company
pick one over the other?
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ACC 422 NERD Teaching Resources
ACC 422 Week 5 Learning Team Problem
Presentation FOR MORE CLASSES
VISIT www.acc422nerd.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.
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ACC 422 NERD Teaching Resources / acc422nerd.com