Title: ACC 556 GUDIE Possible Is Everything / acc556guide.com
1ACC 556 GUDIE Possible Is Everything /
acc556guide.com
2 ACC 556 GUDIE Possible Is Everything
ACC 556 All Chapter Quizzes FOR MORE CLASSES
VISIT www.acc556guide.com Please check the
details of Quizzes given under our product
section individually (all questions are mentioned
there) ACC 556 Chapter 1 Quiz (100 Score) ACC
556 Chapter 2 Quiz (100 Score)
3 ACC 556 GUDIE Possible Is Everything
ACC 556 Chapter 1 Quiz (100 Score) FOR MORE
CLASSES VISIT www.acc556guide.com Chapter 1
Quiz Question 1 A business organized as a
separate legal entity owned by stockholders is a
partnership. Question 2 Accounting communicates
financial information about a business to both
internal and external users.
4 ACC 556 GUDIE Possible Is Everything
ACC 556 Chapter 2 Quiz (100 Score) FOR MORE
CLASSES VISIT www.acc556guide.com Chapter 2
Quiz Question 1 Cash and supplies are both
classified as current assets. Question 2 Earnings
per share measures the net income earned on each
share of common stock.
5 ACC 556 GUDIE Possible Is Everything
ACC 556 Chapter 3 Quiz (100 Score) FOR MORE
CLASSES VISIT www.acc556guide.com Chapter 3
Quiz Question 1 Economic events that require
recording in the financial statements are called
accounting transactions
6 ACC 556 GUDIE Possible Is Everything
ACC 556 Chapter 4 Quiz (100 Score) FOR MORE
CLASSES VISIT www.acc556guide.com Chapter 4
Quiz Question 1 The revenue recognition principle
dictates that revenue be recognized in the
accounting period in which the performance
obligation is satisfied.
7 ACC 556 GUDIE Possible Is Everything
ACC 556 Chapter 5 Quiz (100 Score) FOR MORE
CLASSES VISIT www.acc556guide.com Chapter 5
Quiz Question 1 An advantage of using the
periodic inventory system is that it requires
less record keeping than the perpetual inventory
system.
8 ACC 556 GUDIE Possible Is Everything
ACC 556 Chapter 6 Quiz (100 Score) FOR MORE
CLASSES VISIT www.acc556guide.com Chapter 6
Quiz Question 1 Raw materials inventories are the
goods that a manufacturing company has completed
and are ready to be sold to customers.
9 ACC 556 GUDIE Possible Is Everything
ACC 556 Chapter 7 Quiz (100 Score) FOR MORE
CLASSES VISIT www.acc556guide.com Chapter 7
Quiz Question 1 The most important element of the
fraud triangle is rationalization. Question 2
Requiring employees to take vacations is a
weakness in the system of internal controls
because it does not promote operational efficiency
10 ACC 556 GUDIE Possible Is Everything
ACC 556 Chapter 8 Quiz (100 Score) FOR MORE
CLASSES VISIT www.acc556guide.com Chapter 8
Quiz Question 1 An aging of accounts receivable
schedule is based on the premise that the longer
the period an account remains unpaid, the greater
the probability that it will eventually be
collected.
11 ACC 556 GUDIE Possible Is Everything
ACC 556 Chapter 9 Quiz (100 Score) FOR MORE
CLASSES VISIT www.acc556guide.com Chapter 9
Quiz Question 1 The statement of cash flows is a
required statement that must be prepared along
with an income statement, balance sheet, and
retained earnings statement.
12 ACC 556 GUDIE Possible Is Everything
ACC 556 Chapter 10 Quiz (100 Score) FOR MORE
CLASSES VISIT www.acc556guide.com Chapter 10
Quiz Question 1 A current liability must be paid
out of current earnings. Question 2 Most notes
are not interest bearing
13 ACC 556 GUDIE Possible Is Everything
ACC 556 Chapter 11 Quiz (100 Score) FOR MORE
CLASSES VISIT www.acc556guide.com Chapter 11
Quiz Question 1 A current liability must be paid
out of current earnings. Question 2 Most notes
are not interest bearing Question 3 Unearned
revenues are received before goods are delivered
or services are rendered.
14 ACC 556 GUDIE Possible Is Everything
ACC 556 Chapter 12 Quiz (100 Score) FOR MORE
CLASSES VISIT www.acc556guide.com Chapter 12
Quiz Question 1 The statement of cash flows is a
required statement that must be prepared along
with an income statement, balance sheet, and
retained earnings statement.
15 ACC 556 GUDIE Possible Is Everything
ACC 556 Chapter 13 Quiz (100 Score) FOR MORE
CLASSES VISIT www.acc556guide.com Chapter 13
Quiz 1. Price-earnings ratio 2. Return on
assets 3. Accounts receivable turnover ratio
16 ACC 556 GUDIE Possible Is Everything
ACC 556 Chapter 21 Quiz (100 Score) FOR MORE
CLASSES VISIT www.acc556guide.com Chapter 21
Quiz Question 1 A benefit of budgeting is that
it provides definite objectives for evaluating
performance.
17 ACC 556 GUDIE Possible Is Everything
ACC 556 Chapter 22 Quiz (100 Score) FOR MORE
CLASSES VISIT www.acc556guide.com Chapter 22
Quiz Question 1 Budget reports comparing actual
results with planned objectives should be
prepared only once a year.
18 ACC 556 GUDIE Possible Is Everything
ACC 556 Crooked Scenario 2 Part 1 FOR MORE
CLASSES VISIT  www.acc556guide.com   Shortly
after you completed your work of unpacking all
the players in the CrookEd Partners drama and
identifying all potential fraudulent activity
that had been relayed to you (Week One Scenario
Assignment), your secretary came into your office
and said you had a visitor.
19 ACC 556 GUDIE Possible Is Everything
ACC 556 Final Part 1 (100 Correct Answers) FOR
MORE CLASSES VISIT www.acc556guide.com Final
Part 1 Question 1 Under the corporate form of
business organization Question 2 Accountants do
not attempt to measure the change in a plant
asset's market value during ownership because
20 ACC 556 GUDIE Possible Is Everything
ACC 556 Final Part 1 and 2 FOR MORE CLASSES
VISIT www.acc556guide.com Final Part 1 Question
1 Under the corporate form of business
organization Question 2 Accountants do not
attempt to measure the change in a plant asset's
market value during ownership because Question 3
Budget reports provide the feedback needed by
management to see whether actual operations are
on course.
21 ACC 556 GUDIE Possible Is Everything
ACC 556 Final Part 2 (100 Correct Answers) FOR
MORE CLASSES VISIT www.acc556guide.com Final
Part 2 Question 1 A manager of a cost center is
evaluated mainly on Question 2 Bogey Co.
recorded operating data for its Cheap division
for the year.
22 ACC 556 GUDIE Possible Is Everything
ACC 556 Midterm Part 1 (100 Correct Answers)
FOR MORE CLASSES VISIT www.acc556guide.com ACC
556 - Midterm part 1 Question 1 Source
documents can provide evidence that a transaction
has occurred Question 2 Expense recognition is
tied to revenue recognition.
23 ACC 556 GUDIE Possible Is Everything
ACC 556 Midterm Part 1 and 2 FOR MORE CLASSES
VISIT www.acc556guide.com ACC 556 - Midterm
part 1 Question 1 Source documents can provide
evidence that a transaction has occurred
Question 2 Expense recognition is tied to revenue
recognition.
24 ACC 556 GUDIE Possible Is Everything
ACC 556 Midterm Part 2 (100 Correct Answers)
FOR MORE CLASSES VISIT www.acc556guide.com ACC
556 - Midterm part 2 ?Question 1 Which of these
would cause the inventory turnover ratio to
increase the most? ?Question 2 Bad Debt
Expense is considered
25 ACC 556 GUDIE Possible Is Everything
ACC 556 Week 1 Crooked Scenario 1 FOR MORE
CLASSES VISIT  www.acc556guide.com   ACC 556
Week 1 Crooked Scenario 1
26 ACC 556 GUDIE Possible Is Everything
ACC 556 Week 1 Sherlock Homes FOR MORE CLASSES
VISIT  www.acc556guide.com   ACC 556 Week 1
Sherlock Homes
27 ACC 556 GUDIE Possible Is Everything
ACC 556 Week 1 Short Answer Quiz FOR MORE
CLASSES VISIT  www.acc556guide.com   INDIVIDUAL
ASSIGNMENT Complete the Week 1 Short Answer
Quiz. Click the Assignment Files tab to submit
your assignment as a Microsoft Word document.
28 ACC 556 GUDIE Possible Is Everything
ACC 556 WEEK 3 Assessing the Impact of Asset
Misappropriation FOR MORE CLASSES
VISIT  www.acc556guide.com   INDIVIDUAL
ASSIGNMENT Write a 1,050 word paper on the impact
of asset misappropriation on an organization of
your choice.
29 ACC 556 GUDIE Possible Is Everything
ACC 556 Week 3 Crooked Scenario 3 FOR MORE
CLASSES VISIT  www.acc556guide.com   Define
and describe Theft Act Investigative Methods. 2.
What is a Vulnerability Chart and how, when and
why is it used? 3. Define Invigilation and
discuss how, when and why it is used.
30 ACC 556 GUDIE Possible Is Everything
 ACC 556 Week 4 Impact of Corruption FOR MORE
CLASSES VISIT  www.acc556guide.com   Write a
1,250-1,400-word paper on the impact of
corruption on an organization of your choice in
APA format with in-text citations and references.
Include the following Who committed this
corruption?
31 ACC 556 GUDIE Possible Is Everything
ACC 556 Week 5 Comparing the Impact FOR MORE
CLASSES VISIT  www.acc556guide.com   ACC 556
Week 5 Comparing the Impact
32 ACC 556 GUDIE Possible Is Everything
ACC 556 Week 5 Crooked Scenario 5 FOR MORE
CLASSES VISIT  www.acc556guide.com   ACC 556
Week 5 Crooked Scenario 5
33 ACC 556 GUDIE Possible Is Everything
ACC 556 Week 5 Memorandum Proactive Method of
Fraud Detection FOR MORE CLASSES
VISIT  www.acc556guide.com   INDIVIDUAL
ASSIGNMENT Write a 600-800 word memo to your
accounting committee on fraud detection
discussing the 6 steps of the Proactive Method of
Fraud Detection found in figure 6.1 of Chapter 6.
34 ACC 556 GUDIE Possible Is Everything
ACC 556 Week 6 Assignment 1 Financial Analysis (4
Papers, Apple, Lowe's, Mc Donalds, Walmart) Â FOR
MORE CLASSES VISIT www.acc556guide.com This
Tutorial contains 4 Different Papers (Apple,
Lowe's, Mc Donalds, Walmart) ACC 556 Week 6
Assignment 1 Financial Analysis Assignment 1
Financial Analysis worth 160 points Use the
Internet or Str databases to research one (1)
publicly traded company and review its last
annual report
35 ACC 556 GUDIE Possible Is Everything
ACC 556 Week 6 fraud symptoms and mitigation FOR
MORE CLASSES VISIT  www.acc556guide.com   NDIVI
DUAL ASSIGNMENT Prepare 7-10 Power Point slides
discussing common business fraud symptoms and
mitigation actions that can be taken to help
deter and detect fraud
36 ACC 556 GUDIE Possible Is Everything
ACC 556 Week 6 Short Answer Quiz FOR MORE
CLASSES VISIT  www.acc556guide.com   Complete
the Week 6 Short Answer Quiz. Click the
Assignment Files tab to submit your assignment as
a Microsoft Word Document. Copy and paste the
questions onto a Word document.
37 ACC 556 GUDIE Possible Is Everything
ACC 556 Week 10 Assignment 2 Budget Planning and
Control (3 Papers) FOR MORE CLASSES
VISIT www.acc556guide.com This Tutorial contains
3 Different Papers Assignment 2 Budget Planning
and Control Due Week 10 and worth 160 points Use
the Internet and / or databases to research
budget planning and control.
38ACC 556 GUDIE Possible Is Everything /
acc556guide.com