ACC 422 Start With a Dream/newtonhelp.com - PowerPoint PPT Presentation

About This Presentation
Title:

ACC 422 Start With a Dream/newtonhelp.com

Description:

For more course tutorials visit www.newtonhelp.com This Tutorial contains excel File which can be used to solve for any change in values Brief Exercise 7-1 Brief Exercise 7-7 Brief Exercise 7-14 Brief Exercise 7-15 Brief Exercise 8-4 (Part Level Submission) – PowerPoint PPT presentation

Number of Views:7
Slides: 37
Provided by: myblue142

less

Transcript and Presenter's Notes

Title: ACC 422 Start With a Dream/newtonhelp.com


1
ACC 422 Start With a Dream/newtonhelp.Com
2
  • ACC 422 Final Exam Guide (New 2019, With EXCEL
    FILE, Score 29/30)
  •  
  •  
  •  
  • For more course tutorials visit
  • www.newtonhelp.com
  •    
  •    
  •    This Tutorial contains excel File which can be
    used to solve for any change in values
  •  
  •  
  • Brief Exercise 7-1
  •  
  • Brief Exercise 7-7
  •  
  • Brief Exercise 7-14
  •  

3
  • ACC 422 Final Exam Guide 1
  •   
  •  
  • For more course tutorials visit
  • www.newtonhelp.com
  •    
  •    
  •    
  • 1. Kraft Enterprises owns the following assets at 
    December 31, 2012.
  •  
  • Cash in banksavings account
  • 67,516
  •  
  • Checking account balance
  • 26,445

4
  • ACC 422 Final Exam Guide 2
  •  
  •  
  •  
  • For more course tutorials visit
  • www.newtonhelp.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?

5
  • ACC 422 Final Exam Guide 3
  •  
  •  
  •  
  • For more course tutorials visit
  • www.newtonhelp.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?

6
  • ACC 422 Final Exam Guide All 3 Sets
  •  
  •  
  • For more course tutorials visit
  • www.newtonhelp.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

7
  • ACC 422 Week 1 DQ 1
  •   
  •  
  • For more course tutorials visit
  • www.newtonhelp.com
  •    
  •    
  •    
  • Week 1 DQ 1
  • 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?

8
  • ACC 422 Week 1 DQ 2
  •   
  •  
  • For more course tutorials visit
  • www.newtonhelp.com
  •    
  •      
  •  
  • Week 1 DQ 2
  • 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?

9
  • ACC 422 Week 1 DQ 3
  •   
  •  
  • For more course tutorials visit
  • www.newtonhelp.com
  •    
  •    
  •    
  • Week 1 DQ 3
  • 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.

10
  • ACC 422 Week 1 Individual Assignment Disclosure
    Analysis Paper (2 Papers)
  •  
  •  
  •  
  • For more course tutorials visit
  • www.newtonhelp.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.

11
  • ACC 422 Week 1 Team Assignment Audited Financial
    Statements (Nordstrom Inc.)
  •  
  •  
  •  
  • For more course tutorials visit
  • www.newtonhelp.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.

12
  • 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.newtonhelp.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

13
  • ACC 422 Week 2 DQ 1
  •   
  •  
  • For more course tutorials visit
  • www.newtonhelp.com
  •    
  •    
  •    
  •  
  • Week 2 DQ 1
  • 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?

14
  • ACC 422 Week 2 DQ 2
  •   
  •  
  • For more course tutorials visit
  • www.newtonhelp.com
  •    
  •    
  •    
  •  
  • Week 2 DQ 2
  • 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.

15
  • ACC 422 Week 2 DQ 3
  •   
  •  
  • For more course tutorials visit
  • www.newtonhelp.com
  •    
  •      
  •  
  • Week 2 DQ 3
  • 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?

16
  • ACC 422 Week 2 Learning Team Assignment (New
    Syllabus)
  •  
  •  
  •  
  • For more course tutorials visit
  • www.newtonhelp.com
  •    
  •    
  •    
  • Complete the following three deliverables for
    this assignment as a team
  • 1. The Financial Reporting, Procter Gamble
    Company, p. 379.
  • 2. The Financial Statement Analysis Cases, Case
    1 Occidental Petroleum Corporation, p. 379.
  • 3. Problem 7-6, p. 374

17
  • 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.newtonhelp.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)

18
  • ACC 422 Week 3 DQ 1
  •   
  •  
  • For more course tutorials visit
  • www.newtonhelp.com
  •    
  •    
  •    
  • Week 3 DQ 1
  • 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.

19
  • ACC 422 Week 3 DQ 2
  •   
  •  
  • For more course tutorials visit
  • www.newtonhelp.com
  •    
  •    
  •  
  •  
  • Week 3 DQ 2
  • 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?

20
  • ACC 422 Week 3 DQ 3
  •   
  •  
  • For more course tutorials visit
  • www.newtonhelp.com
  •    
  •      
  •  
  • Week 3 DQ 3
  • 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?

21
  • ACC 422 Week 3 DQ 4
  •   
  •  
  • For more course tutorials visit
  • www.newtonhelp.com
  •    
  •    
  •  
  •  
  •  
  • ACC 422 Week 3 DQ 4

22
  • ACC 422 Week 3 Team Assignment (Case 3, CA 8-10,
    Problem 9-3, Problem 9-13)
  •  
  •  
  •  
  • For more course tutorials visit
  • www.newtonhelp.com
  •    
  •      
  • Complete the following four deliverables for this
    assignment as a team
  • 1. Case 3 The Kroger Company, p. 440
  • Complete the following individually and discuss
    your individual answers as a team
  • 1. CA 8-10, p. 437

23
  • 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.newtonhelp.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
  • Exercise 10-3
  • Exercise 10-13

24
  • ACC 422 Week 4 DQ 1
  •   
  •  
  • For more course tutorials visit
  • www.newtonhelp.com
  •    
  •    
  •    
  •  
  • Week 4 DQ 1
  • 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?

25
  • ACC 422 Week 4 DQ 2
  •   
  •  
  • For more course tutorials visit
  • www.newtonhelp.com
  •    
  •    
  •    
  •  
  • Week 4 DQ 2
  • 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.

26
  • ACC 422 Week 4 DQ 3
  •  
  •  
  •  
  • For more course tutorials visit
  • www.newtonhelp.com
  •    
  •      
  •  
  • Week 4 DQ 3
  • What is a bond? What are some features of a bond?
    How do you value bonds? What factors can affect
    that value?

27
  • ACC 422 Week 4 Team Assignment Problem 10-4,
    Problem 10-6, CA 11-5, Problem 12-2
  •  
  •  
  •  
  • For more course tutorials visit
  • www.newtonhelp.com
  •    
  •      
  •  
  • Complete the following individually and discuss
    your individual answers as a team
  • Problem 10-4, p. 543
  • Problem 10-6, p. 544
  • CA 11-5, p. 597
  • Problem 12-2, p. 644

28
  • ACC 422 Week 4 WileyPlus Ex 13-2, Ex 13-7, Ex
    13-16, Ex 14-4, Ex 14-6, Ex 14-9, Problem 14-2
    (With Excel File)
  •  
  •  
  •  
  • For more course tutorials visit
  • www.newtonhelp.com
  •    
  •    
  •    
  • Complete the following assignments in WileyPLUS
  • Exercise 13-2 (Part Level Submission)
  • Exercise 13-7 (Part Level Submission)
  • Exercise 13-16
  • Exercise 14-4
  • Exercise 14-6

29
  • ACC 422 Week 5 DQ 1
  •   
  •  
  • For more course tutorials visit
  • www.newtonhelp.com
  •    
  •    
  • Week 5 DQ 1
  • 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?

30
  • ACC 422 Week 5 DQ 2
  •   
  •  
  • For more course tutorials visit
  • www.newtonhelp.com
  •    
  •      
  • Week 5 DQ 2
  • 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?

31
  • ACC 422 Week 5 DQ 3
  •   
  •  
  • For more course tutorials visit
  • www.newtonhelp.com
  •    
  •      
  • Week 5 DQ 3
  • 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?

32
  • ACC 422 Week 5 DQ 4
  •   
  •  
  • For more course tutorials visit
  • www.newtonhelp.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?

33
  • ACC 422 week 5 Learning Team Problem Presentation
  •  
  •  
  •  
  • For more course tutorials visit
  • www.newtonhelp.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 PowerPoi
    nt presentation illustrating your teams
    solution to the assigned problem.

34
  • ACC 422 Week 5 Signature Assignment Presentation
    (Procter and Gamble)
  •  
  •  
  •  
  • For more course tutorials visit
  • www.newtonhelp.com
  •    
  •    
  •    
  • Create a 5- to 10-slide presentation and use the
    same publicly traded company selected in Week 2
    to address the following
  • Be sure to use the most recent SEC 10-k or
    Annual report.
  • Identify the Company's current liabilities for
    the past two years?

35
  • ACC 422 Week 5 Team Assignment Problem 13-7,
    13-11, CA 13-3, CA 14-1, CA 14-4, CA 21-4
  •  
  •  
  •  
  • For more course tutorials visit
  • www.newtonhelp.com
  •    
  •    
  •    
  • Complete the following individually and discuss
    your individual answers as a team
  • Problem 13-7, p. 700
  • Problem 13-11, p. 701
  • CA 13-3, p. 703
  • CA 14-1, p. 763
  • CA 14-4, p. 765

36
ACC 422 Start With a Dream/newtonhelp.Com
Write a Comment
User Comments (0)
About PowerShow.com