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FOR MORE CLASSES VISIT www.acc556outlet.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) ACC 556 Chapter 3 Quiz (100% Score) ACC 556 Chapter 4 Quiz (100% Score) ACC 556 Chapter 5 Quiz (100% Score) ACC 556 Chapter 6 Quiz (100% Score) ACC 556 Chapter 7 Quiz (100% Score) ACC 556 Chapter 8 Quiz (100% Score) – PowerPoint PPT presentation

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Title: ACC 556 OUTLET Minds Online/acc556outlet.com


1
ACC 556 OUTLET Minds Online/acc556outlet.com
  • FOR MORE CLASSES VISIT
  • www.acc556outlet.com

2
ACC 556 All Chapter Quizzes FOR MORE CLASSES
VISIT www.acc556outlet.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) ACC 556 Chapter 3
Quiz (100 Score) ACC 556 Chapter 4 Quiz (100
Score) ACC 556 Chapter 5 Quiz (100 Score)
3
ACC 556 Chapter 1 Quiz (100 Score) FOR MORE
CLASSES VISIT www.acc556outlet.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. Question 3  
4
ACC 556 Chapter 2 Quiz (100 Score) FOR MORE
CLASSES VISIT www.acc556outlet.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. Question 3  
5
ACC 556 Chapter 3 Quiz (100 Score) FOR MORE
CLASSES VISIT www.acc556outlet.com Chapter 3
Quiz  Question 1 Economic events that require
recording in the financial statements are called
accounting transactions  Question 2 An account
is often referred to as a T-account because of
the way it is constructed.  Question 3 Revenues
are a subdivision of stockholders
equity.  Question 4
6
ACC 556 Chapter 4 Quiz (100 Score) FOR MORE
CLASSES VISIT www.acc556outlet.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. Question 2 An adjusting
entry to a prepaid expense is required to
recognize expired expenses. Question 3
7
ACC 556 Chapter 5 Quiz (100 Score) FOR MORE
CLASSES VISIT www.acc556outlet.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. Question 2
8
ACC 556 Chapter 6 Quiz (100 Score) FOR MORE
CLASSES VISIT www.acc556outlet.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. Question 2   Goods held on consignment
should be included in the consignors ending
inventory  
9
ACC 556 Chapter 7 Quiz (100 Score) FOR MORE
CLASSES VISIT www.acc556outlet.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 Chapter 8 Quiz (100 Score) FOR MORE
CLASSES VISIT www.acc556outlet.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. Question 2
11
ACC 556 Chapter 9 Quiz (100 Score) FOR MORE
CLASSES VISIT www.acc556outlet.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 Chapter 10 Quiz (100 Score) FOR MORE
CLASSES VISIT www.acc556outlet.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 Chapter 11 Quiz (100 Score) FOR MORE
CLASSES VISIT www.acc556outlet.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  
14
ACC 556 Chapter 12 Quiz (100 Score) FOR MORE
CLASSES VISIT www.acc556outlet.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 Chapter 13 Quiz (100 Score) FOR MORE
CLASSES VISIT www.acc556outlet.com Chapter 13
Quiz 1.    Price-earnings ratio 2.    Return on
assets 3.    Accounts receivable turnover
ratio 4.    Earnings per share 5.    Payout
ratio 6.    Current cash debt coverage
16
ACC 556 Chapter 21 Quiz (100 Score) FOR MORE
CLASSES VISIT www.acc556outlet.com Chapter 21
Quiz Question 1   A benefit of budgeting is that
it provides definite objectives for evaluating
performance. Question 2   Effective budgeting
requires clearly defined lines of authority and
responsibility. Question 3
17
ACC 556 Chapter 22 Quiz (100 Score)   FOR MORE
CLASSES VISIT www.acc556outlet.com Chapter 22
Quiz Question 1   Budget reports comparing actual
results with planned objectives should be
prepared only once a year. Question 2   A static
budget is changed only when actual activity is
different from the level of activity
expected. Question 3
18
ACC 556 Crooked Scenario 2 Part 1 FOR MORE
CLASSES VISIT www.acc556outlet.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 Final Part 1 (100 Correct Answers) FOR
MORE CLASSES VISIT www.acc556outlet.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  
20
ACC 556 Final Part 1 and 2 FOR MORE CLASSES
VISIT www.acc556outlet.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  
21
ACC 556 Final Part 2 (100 Correct Answers) FOR
MORE CLASSES VISIT www.acc556outlet.com Final 
Part 2 Question 1   A manager of a cost center is
evaluated mainly on Question 2
22
ACC 556 Midterm Part 1 (100 Correct Answers)
FOR MORE CLASSES VISIT www.acc556outlet.com ACC 5
56 - Midterm part 1   Question 1 Source document
s can provide evidence that a transaction has occu
rred   Question 2 Expense recognition is tied to
 revenue recognition.  
23
ACC 556 Midterm Part 1 and 2 FOR MORE CLASSES
VISIT www.acc556outlet.com ACC 556 - Midterm part
 1 Question 1 Source documents can provide evide
nce that a transaction has occurred  
Question 2 Expense recognition is tied to revenue 
recognition.   Question 3
24
ACC 556 Midterm Part 2 (100 Correct Answers)
FOR MORE CLASSES VISIT www.acc556outlet.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 Question 3 A trial balance proves
25
ACC 556 Week 1 Crooked Scenario 1 FOR MORE
CLASSES VISIT www.acc556outlet.com ACC 556
Week 1 Crooked Scenario 1
26
ACC 556 Week 1 Sherlock Homes FOR MORE CLASSES
VISIT www.acc556outlet.com ACC 556 Week 1
Sherlock Homes
27
ACC 556 Week 1 Short Answer Quiz FOR MORE
CLASSES VISIT www.acc556outlet.com INDIVIDUAL
ASSIGNMENT Complete the Week 1 Short Answer
Quiz. Click the Assignment Files tab to submit
your assignment as a Microsoft Word document. 1.
What is the Association of Certified Fraud
Examiners (ACEF) and what do they do? 2. Define
fraud. 
28
ACC 556 WEEK 3 Assessing the Impact of Asset
Misappropriation FOR MORE CLASSES
VISIT www.acc556outlet.com INDIVIDUAL
ASSIGNMENT Write a 1,050 word paper on the impact
of asset misappropriation on an organization of
your choice. Include the following as headings
for your paper What was the fraud? Who
committed this fraud? Why did they commit this
fraud?
29
ACC 556 Week 3 Crooked Scenario 3 FOR MORE
CLASSES VISIT www.acc556outlet.com 1. 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. 4. Discuss
the steps in obtaining electronic evidence
30
ACC 556 Week 4 Impact of Corruption FOR MORE
CLASSES VISIT www.acc556outlet.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?          Why did they
commit this corruption?          How did they
commit this corruption?
31
ACC 556 Week 5 Comparing the Impact FOR MORE
CLASSES VISIT www.acc556outlet.com ACC 556
Week 5 Comparing the Impact
32
ACC 556 Week 5 Crooked Scenario 5 FOR MORE
CLASSES VISIT www.acc556outlet.com ACC 556
Week 5 Crooked Scenario 5
33
ACC 556 Week 5 Memorandum Proactive Method of
Fraud Detection FOR MORE CLASSES
VISIT www.acc556outlet.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 Detectio
34
ACC 556 Week 6 Assignment 1 Financial Analysis (4
Papers, Apple, Lowe's, Mc Donalds, Walmart) FOR
MORE CLASSES VISIT www.acc556outlet.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
35
ACC 556 Week 6 fraud symptoms and mitigation
FOR MORE CLASSES VISIT www.acc556outlet.com INDI
VIDUAL 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 Week 6 Short Answer Quiz FOR MORE
CLASSES VISIT www.acc556outlet.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.  Write a brief
response using the information found in Chapter 4
and integrate it with what you have learned in
the course this semester. Submit your assignment
on the Assignments tab.
37
ACC 556 Week 10 Assignment 2 Budget Planning and
Control (3 Papers) FOR MORE CLASSES
VISIT www.acc556outlet.com This Tutorial
contains 3 Different Papers Assignment
2 Budget Planning and Control Due Week 10 and
worth 160 points
38
ACC 556 OUTLET Minds Online/acc556outlet.com
  • FOR MORE CLASSES VISIT
  • www.acc556outlet.com
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