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For more classes visit www.snaptutorial.com ACC 220 Week 1 Checkpoint Career Opportunities ACC 220 Week 1 DQ 1 & DQ 2 ACC 220 Week 2 Checkpoint Proprietorships, Partnerships, and Corporations – PowerPoint PPT presentation

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Title: ACC 220 Apprentice tutors / snaptutorial.com


1
ACC 220 Slingshot Academy / snaptutorial.com
For More Tutorials
www.snaptutorial.com
2
ACC 220 Slingshot Academy / snaptutorial.com
  • ACC 220 Entire Course
  • ACC 220 Week 1 Checkpoint Career Opportunities
  • ACC 220 Week 1 Checkpoint Career Opportunities
  • ACC 220 Week 1 DQ 1 DQ 2
  • ACC 220 Week 2 Checkpoint Proprietorships,
    Partnerships, and Corporations
  • ACC 220 Week 2 Assignment Financial Statements
  • CheckPoint Career Opportunities
  •    isit the U.S. Department of Labor, Bureau of
    Labor Statistics at http//www.bls.gov/oco/ocos001
    .htm for an overview of the accounting field.
  •  Visit www.careers-in-accounting.com for
    additional details such as salary expectations

3
ACC 220 Slingshot Academy / snaptutorial.com
  • ACC 220 Week 1 DQ 1 and DQ 2
  • ACC 220 Week 2 Assignment Financial Statements
  • Based on what you know about accounting, what
    role do you see it playing in business
    operations? How dependent do you think a business
    is on its accounting department? Explain why.
  •    Why are ethics so important in the field of
    accounting?
  • Write a 350- to 700-word paper describing a
    balance sheet, an income statement, a retained
    earnings statement, and a statement of cash
    flows. How does a company use these financial
    statements to make future business decisions? Use
    and define the following terms in your paper when
    explaining how a company uses the information on
    the statements

4
ACC 220 Slingshot Academy / snaptutorial.com
  • ACC 220 Week 2 Checkpoint Proprietorships,
    Partnerships
  • ACC 220 Week 3 Checkpoint Classified Balance
    Sheets
  • CheckPoint Proprietorships, Partnerships,
    Corporations
  •  Explain the differences between a
    proprietorship, a partnership, and a corporation
    in 200 to 300 words. Why would an entrepreneur
    want to choose one over the other? If you were
    starting a new business, which would you choose?
    Explain why.
  • Write a 200- to 300-word response explaining what
    information would be found in each of the
    following groupings on a classified balance sheet
    and how that data might indicate the future
    success or failure of a business
  •  Current assets
  •  Long-term investments

5
ACC 220 Slingshot Academy / snaptutorial.com
  • ACC 220 Week 3 DQ 1 and DQ 2
  • ACC 220 Week 4 Assignment Internal Cash Control
  • When reviewing a financial report, why must
    information be reliable, relevant, consistent,
    and comparable? Why are these accounting
    characteristics important? What kinds of problems
    might result if a financial report is not
    reliable, relevant, consistent, or comparable?
  • Write a 700- to 1,000-word paper that addresses
    which internal controls are not being followed in
    these listed situations
  •  The accounting department receives from sales
    invoices once a month. Most of the information
    is missing on the invoices.
  •  Rob, Sue, and Bob use the same cash register at
    the donut shop.

6
ACC 220 Slingshot Academy / snaptutorial.com
  • ACC 220 Week 4 Checkpoint Cash Management Matrix
  • ACC 220 Week 5 Checkpoint Financial Reporting
  • Use Appendix B. For each principle in the matrix,
    describe how the principle ensures the
    reliability of a companys financial statements
    and provide at least one example of how the
    principle might work in a real company. Do not
    use examples from your text.
  • Write a 200- to 300-word response to the
    following Describe how the following financial
    reports are used internally in a business
    income statement, balance sheet, CVP income
    statement, statement of cash flows, and retained
    earnings statement. Give real world applications
    by using examples to demonstrate the type of
    business decisions

7
ACC 220 Slingshot Academy / snaptutorial.com
  • ACC 220 Week 5 DQ 1 and DQ 2
  • ACC 220 Week 6 Assignment Cost, Volume, and
    Profit
  • How would you describe the difference between
    financial and managerial accounting? What are the
    distinguishing features of managerial accounting?
  •    Select a management function planning,
    directing and motivating, or controllingand
    explain how that function relates to business as
    a whole. Next, select a different function
  • Assignment Cost, Volume, and Profit Formulas
  •    Review the following illustrations found in
    Ch. 6 of your text 6-12, 6-15, 6-17, 6-18, 6-19,
    6-20.
  •  Write a 350- to 700-word paper that addresses
    the following
  • Explain the components of cost-volume-profit
    analysis. 

8
ACC 220 Slingshot Academy / snaptutorial.com
  • ACC 220 Week 6 Checkpoint Cost, Volume and Profit
  • ACC 220 Week 7 Checkpoint Budget Matrix
  • CheckPoint Cost, Volume, and Profit Questions
  • Write a 200- to 300-word response that addresses
    questions 7, 9, 14 in the Questions section on
    p. 284285 of the text.
  • CheckPoint Budgets Matrix
  • Use Appendix C to define each of the types of
    budgets listed and describes their uses.
  • Post Appendix C as an attachment.

9
ACC 220 Slingshot Academy / snaptutorial.com
  • ACC 220 Week 7 DQ 1 and DQ 2
  • ACC 220 Week 8 Assignment Responsibility Center
  • How does budgeting help management make good
    business decisions?
  •    What are some of the different types of
    budgets? Describe in detail one type of budget
    covered in the text. Describe what the budget is
    used for and what information it provides a
    business.
  • Imagine you have been selected by your manager to
    present a training session to a group of new
    employees. The new hires do not have accounting
    backgrounds and have little or no work history in
    a responsibility center. The purpose of this
    training session is to explain the functions of
    each of the different responsibility centers.

10
ACC 220 Slingshot Academy / snaptutorial.com
  • ACC 220 Week 8 Checkpoint Flexible Budgets
  • ACC 220 Week 9 Capstone Discussion Question
  • CheckPoint Flexible Budgets
  •    Respond in200 to 300 words, to the following
  •    What is a flexible budget?
  •  What are the steps to developing a flexible
    budget?
  • What information is found on a flexible budget
    report?
  • How is that information used to evaluate
    performance?
  • Capstone Discussion Question
  •  Think back over what you have studied and
    learned in this course. Do you have a new
    perception of or appreciation for the field of
    accounting and how it contributes to business?
    Explain.
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