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ACC 422 Course Extrordinary Success - snaptutorial.com

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1. Kraft Enterprises owns the following assets at December 31, 2012. Cash in bank–savings account 67,516 Checking account balance 26,445 Cash on hand 9,478 – PowerPoint PPT presentation

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Title: ACC 422 Course Extrordinary Success - snaptutorial.com


1
ACC 422 Course Extrordinary Success /
snaptutorial.com
The Best way to predict the Future is to create
it.....To Best way....
www.snaptutorial.com
2
ACC 422 Course Extrordinary Success /
snaptutorial.com
ACC 422 Final Exam Guide 1 For more classes
visit www.snaptutorial.com   1. Kraft Enterprises
owns the following assets at December 31, 2012.
Cash in banksavings account 67,516 Checking
account balance 26,445
3
ACC 422 Course Extrordinary Success /
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ACC 422 Final Exam Guide 2 For more classes
visit www.snaptutorial.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
ACC 422 Course Extrordinary Success /
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ACC 422 Final Exam Guide 3 For more classes
visit www.snaptutorial.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? 4) The advantage of
relating a company's bad debt expense to its
outstanding accounts receivable is that this
approach
5
ACC 422 Course Extrordinary Success /
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ACC 422 Final Exam Guide All 3 Sets For more
classes visit www.snaptutorial.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
6
ACC 422 Course Extrordinary Success /
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ACC 422 Week 1 DQ 1 For more classes
visit www.snaptutorial.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?  
7
ACC 422 Course Extrordinary Success /
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ACC 422 Week 1 DQ 2 For more classes
visit www.snaptutorial.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?
8
ACC 422 Course Extrordinary Success /
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ACC 422 Week 1 DQ 3   For more classes
visit www.snaptutorial.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.
9
ACC 422 Course Extrordinary Success /
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ACC 422 Week 1 Individual Assignment Disclosure
Analysis Paper (2 Papers) For more classes
visit www.snaptutorial.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.
10
ACC 422 Course Extrordinary Success /
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ACC 422 Week 1 Team Assignment Audited Financial
Statements (Nordstrom Inc.) For more classes
visit www.snaptutorial.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. Locate your assigned
company's latest audited financial statements and
post them on the assignment tab.
11
ACC 422 Course Extrordinary Success /
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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.snaptutoria
l.com   his 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
Exercise 7-4 Exercise 7-9
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ACC 422 Week 2 DQ 1 For more classes
visit www.snaptutorial.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?
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ACC 422 Course Extrordinary Success /
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ACC 422 Week 2 DQ 2 For more classes
visit www.snaptutorial.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.
14
ACC 422 Course Extrordinary Success /
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ACC 422 Week 2 DQ 3 For more classes
visit www.snaptutorial.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? What is
the rationale for these differences? What is the
impact to the companies financial statements?
15
ACC 422 Course Extrordinary Success /
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ACC 422 Week 2 Learning Team Assignment (New
Syllabus) For more classes visit www.snaptutoria
l.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 Compile all team members
input. Click the Assignment Files tab to submit
your assignment.
16
ACC 422 Course Extrordinary Success /
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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.snaptutorial.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)
17
ACC 422 Course Extrordinary Success /
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ACC 422 Week 3 DQ 1 For more classes
visit www.snaptutorial.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.
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ACC 422 Course Extrordinary Success /
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ACC 422 Week 3 DQ 2 For more classes
visit www.snaptutorial.com   Week 3 DQ 2 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 Extrordinary Success /
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ACC 422 Week 3 DQ 3 For more classes
visit www.snaptutorial.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?
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ACC 422 Course Extrordinary Success /
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ACC 422 Week 3 DQ 4 For more classes
visit www.snaptutorial.com   ACC 422 Week 3 DQ 4  
21
ACC 422 Course Extrordinary Success /
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ACC 422 Week 3 Team Assignment (Case 3, CA 8-10,
Problem 9-3, Problem 9-13) For more classes
visit www.snaptutorial.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 2. Problem 9-3, p. 483 3. Problem
9-13, p. 487 After discussing your answers,
compile each into a team response.
22
ACC 422 Course Extrordinary Success /
snaptutorial.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 classes
visit www.snaptutorial.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 Exercise 11-6 Exercise
11-15
23
ACC 422 Course Extrordinary Success /
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ACC 422 Week 4 DQ 1 For more classes
visit www.snaptutorial.com   Week 4 DQ 1 What
are the criteria for classifying an item as a
current liability? What are some examples of
current liabilities?
24
ACC 422 Course Extrordinary Success /
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ACC 422 Week 4 DQ 2 For more classes
visit www.snaptutorial.com   Week 4 DQ 2 What
is a contingency? Why are contingencies important
to users of financial statements?
25
ACC 422 Course Extrordinary Success /
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ACC 422 Week 4 DQ 3 For more classes
visit www.snaptutorial.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?  
26
ACC 422 Course Extrordinary Success /
snaptutorial.com
ACC 422 Week 4 Team Assignment Problem 10-4,
Problem 10-6, CA 11-5, Problem 12-2 For more
classes visit www.snaptutorial.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 After discussing your
answers, compile each into a team response.
27
ACC 422 Course Extrordinary Success /
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ACC 422 Week 5 DQ 1 For more classes
visit www.snaptutorial.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?
28
ACC 422 Course Extrordinary Success /
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ACC 422 Week 5 DQ 2 For more classes
visit www.snaptutorial.com       Week 5 DQ
2 What are the criteria for classifying a lease
as operating or capital?
29
ACC 422 Course Extrordinary Success /
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ACC 422 Week 5 DQ 3 For more classes
visit www.snaptutorial.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?  
30
ACC 422 Course Extrordinary Success /
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ACC 422 Week 5 DQ 4 For more classes
visit www.snaptutorial.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?
31
ACC 422 Course Extrordinary Success /
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ACC 422 week 5 Learning Team Problem
Presentation For more classes
visit www.snaptutorial.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. Note. Each week, the facilitator
assigns one Learning Team a problem to present
that the team must complete during the succeeding
Learning Team Meeting.    
32
ACC 422 Course Extrordinary Success /
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ACC 422 Week 5 Signature Assignment Presentation
(Procter and Gamble) For more classes
visit www.snaptutorial.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?
Compare the current portion of long-term debt for
the past two years?
33
ACC 422 Course Extrordinary Success /
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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 classes visit www.snaptutorial.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 CA 21-4, p.
1252
34
ACC 422 Course Extrordinary Success /
snaptutorial.com
The Best way to predict the Future is to create
it.....To Best way....
www.snaptutorial.com
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