ACC 422 Course Inspiring minds / tutorialrank.com

1
ACC 422 Course Inspiring minds/ tutorialrank.com
The Best way to predict the Future is to create
it.....To Best way....
www.tutorialrank.com
2
ACC 422 Course Inspiring minds/ 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 26,445 Cash on hand
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ACC 422 Course Inspiring minds/ 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
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ACC 422 Course Inspiring minds/ 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?
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ACC 422 Course Inspiring minds/ 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 What amount should be reported as
cash? Question 2
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ACC 422 Course Inspiring minds/ tutorialrank.com
ACC 422 Week 1 DQ 1 (UOP Course) For more
course tutorials visit www.tutorialrank.com Consid
er 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.
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ACC 422 Course Inspiring minds/ 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?
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ACC 422 Course Inspiring minds/ 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.
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ACC 422 Course Inspiring minds/ 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.
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ACC 422 Course Inspiring minds/ 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.
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ACC 422 Course Inspiring minds/ 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
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ACC 422 Course Inspiring minds/ 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?
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ACC 422 Course Inspiring minds/ tutorialrank.com
ACC 422 Week 2 DQ 2 (UOP Course) For more course
tutorials visit www.tutorialrank.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 Course Inspiring minds/ 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?
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ACC 422 Course Inspiring minds/ 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
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ACC 422 Course Inspiring minds/ 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.
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ACC 422 Course Inspiring minds/ 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?
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ACC 422 Course Inspiring minds/ 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?
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ACC 422 Course Inspiring minds/ tutorialrank.com
ACC 422 Week 3 DQ 4 For more course tutorials
visit www.tutorialrank.com ACC 422 Week 3 DQ 4
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ACC 422 Course Inspiring minds/ tutorialrank.com
ACC 422 Week 3 Wileyplus BE 10-10, Ex 10-3, Ex
10-13, Ex 11-6 Ex 11-15, Ex 11-24, Ex 12-1, Ex
12-4, Ex 12-14 (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 10-10
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ACC 422 Course Inspiring minds/ 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?
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ACC 422 Course Inspiring minds/ 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?
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ACC 422 Course Inspiring minds/ 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?
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ACC 422 Course Inspiring minds/ 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 lessee?
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ACC 422 Course Inspiring minds/ 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?
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ACC 422 Course Inspiring minds/ 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?
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ACC 422 Course Inspiring minds/ 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?
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ACC 422 Course Inspiring minds/ 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.
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ACC 422 Course Inspiring minds/ tutorialrank.com
The Best way to predict the Future is to create
it.....To Best way....
www.tutorialrank.com