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Title: ACC 422 EXPERT Achievement Education--acc422expert.com


1
ACC 422 EXPERT Achievement Education--acc422expert
.com
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ACC 422 EXPERT Achievement Education--acc422expert
.com
ACC 422 Final Exam Guide (New 2019, With EXCEL
FILE, Score 29 30) FOR MORE CLASSES
VISIT www.acc422expert.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)
Brief Exercise 8-5 Brief Exercise 8-6 Multiple
Choice
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ACC 422 EXPERT Achievement Education--acc422expert
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ACC 422 Final Exam Guide 1 FOR MORE CLASSES
VISIT www.acc422expert.com     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 Cash refund due from
IRS 40,324 Certificates of deposit (180-day)
94,754 What amount should be reported
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ACC 422 EXPERT Achievement Education--acc422expert
.com
ACC 422 Final Exam Guide 2 FOR MORE CLASSES
VISIT www.acc422expert.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) If a company
employs the gross method of recording accounts
receivable from customers
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ACC 422 EXPERT Achievement Education--acc422expert
.com
ACC 422 Final Exam Guide 3 FOR MORE CLASSES
VISIT www.acc422expert.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?
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ACC 422 EXPERT Achievement Education--acc422expert
.com
ACC 422 Final Exam Guide All 3 Sets FOR MORE
CLASSES VISIT www.acc422expert.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 Cash refund due from
IRS 40,324 Certificates of deposit (180-day)
94,754 What amount should
7
ACC 422 EXPERT Achievement Education--acc422expert
.com
ACC 422 Week 1 DQ 1 FOR MORE CLASSES
VISIT www.acc422expert.com     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?
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ACC 422 EXPERT Achievement Education--acc422expert
.com
ACC 422 Week 1 DQ 2 FOR MORE CLASSES
VISIT www.acc422expert.com     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?  
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ACC 422 EXPERT Achievement Education--acc422expert
.com
ACC 422 Week 1 DQ 3 FOR MORE CLASSES
VISIT www.acc422expert.com     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.  
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ACC 422 EXPERT Achievement Education--acc422expert
.com
ACC 422 Week 1 Individual Assignment Disclosure
Analysis Paper (2 Papers) FOR MORE CLASSES
VISIT www.acc422expert.com Resource Internet Sel
ect 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 EXPERT Achievement Education--acc422expert
.com
ACC 422 Week 1 Team Assignment Audited Financial
Statements (Nordstrom Inc.) FOR MORE CLASSES
VISIT www.acc422expert.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. Review the
financial statements, including any notes and
supplemental information, and answer the
following questions.
12
ACC 422 EXPERT Achievement Education--acc422expert
.com
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.acc422exp
ert.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 Exercise 7-4
Exercise 7-9 Exercise 7-22 Exercise 7-24
(Part Level Submission) Concept for Analysis
7-2 (Essay) Problem 7-4
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ACC 422 EXPERT Achievement Education--acc422expert
.com
ACC 422 Week 2 DQ 1 FOR MORE CLASSES
VISIT www.acc422expert.com     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? Which
method of estimation, gross profit or retail
inventory, is best? Explain your answer.
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ACC 422 EXPERT Achievement Education--acc422expert
.com
ACC 422 Week 2 DQ 2 FOR MORE CLASSES
VISIT www.acc422expert.com   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.
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ACC 422 EXPERT Achievement Education--acc422expert
.com
ACC 422 Week 2 DQ 3 FOR MORE CLASSES
VISIT www.acc422expert.com   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?
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ACC 422 EXPERT Achievement Education--acc422expert
.com
ACC 422 Week 2 Learning Team Assignment (New
Syllabus) FOR MORE CLASSES VISIT www.acc422exper
t.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
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ACC 422 EXPERT Achievement Education--acc422expert
.com
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.acc422expert.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) Exercise 8-12 (Part Level
Submission) Exercise 9-2 Exercise 9-7
Exercise 9-17 Exercise 9-18 Exercise 9-20
Exercise 9-22 Exercise 8-2 In your audit of Leon
Company
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ACC 422 EXPERT Achievement Education--acc422expert
.com
ACC 422 Week 3 DQ 1 FOR MORE CLASSES
VISIT www.acc422expert.com   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.
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ACC 422 EXPERT Achievement Education--acc422expert
.com
ACC 422 Week 3 DQ 2 FOR MORE CLASSES
VISIT www.acc422expert.com   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? Should companies
standardize the method of depreciation to enhance
comparability? Explain your answer.  
20
ACC 422 EXPERT Achievement Education--acc422expert
.com
ACC 422 Week 3 DQ 3 FOR MORE CLASSES
VISIT www.acc422expert.com   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?
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ACC 422 EXPERT Achievement Education--acc422expert
.com
ACC 422 Week 3 Team Assignment (Case 3, CA 8-10,
Problem 9-3, Problem 9-13) FOR MORE CLASSES
VISIT www.acc422expert.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
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ACC 422 EXPERT Achievement Education--acc422expert
.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.acc422expert.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 Exercise 11-15 (Essay)
Exercise 11-24 Exercise 12-1 Exercise 12-4
Exercise
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ACC 422 EXPERT Achievement Education--acc422expert
.com
ACC 422 Week 4 DQ 1 FOR MORE CLASSES
VISIT www.acc422expert.com   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?
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ACC 422 EXPERT Achievement Education--acc422expert
.com
ACC 422 Week 4 DQ 2 FOR MORE CLASSES
VISIT www.acc422expert.com   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.  
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ACC 422 EXPERT Achievement Education--acc422expert
.com
ACC 422 Week 4 DQ 3 FOR MORE CLASSES
VISIT www.acc422expert.com   What is a bond? What
are some features of a bond? How do you value
bonds? What factors can affect that value?
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ACC 422 EXPERT Achievement Education--acc422expert
.com
ACC 422 Week 4 Individual Assignment From The
Text E11-4,E11-11,E12-6 And E12-16 FOR MORE
CLASSES VISIT www.acc422expert.com   ResourceInte
rmediate Accounting Prepare written responses to
the following assignments from the
text            Ch. 11 Exercises E11-4
E11-11          Ch. 12 Exercises E12-6
E12-16  
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ACC 422 EXPERT Achievement Education--acc422expert
.com
ACC 422 Week 4 Team Assignment Financial
Scavenger Hunt 3 FOR MORE CLASSES
VISIT www.acc422expert.com     Review the
financial statements, including any notes and
supplemental information, and answer the
following questions. Indicate where you found the
answer to the questions. If calculations are
required, show your work. Fixed Assets and
Intangibles 1. How are plant and equipment
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ACC 422 EXPERT Achievement Education--acc422expert
.com
ACC 422 Week 4 Team Assignment Problem 10-4,
Problem 10-6, CA 11-5, Problem 12-2 FOR MORE
CLASSES VISIT www.acc422expert.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.
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ACC 422 EXPERT Achievement Education--acc422expert
.com
ACC 422 Week 5 DQ 1 FOR MORE CLASSES
VISIT www.acc422expert.com   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?
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ACC 422 EXPERT Achievement Education--acc422expert
.com
ACC 422 Week 5 DQ 2 FOR MORE CLASSES
VISIT www.acc422expert.com   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?
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ACC 422 EXPERT Achievement Education--acc422expert
.com
ACC 422 Week 5 DQ 3 FOR MORE CLASSES
VISIT www.acc422expert.com   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?  
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ACC 422 EXPERT Achievement Education--acc422expert
.com
ACC 422 Week 5 DQ 4 FOR MORE CLASSES
VISIT www.acc422expert.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?
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ACC 422 EXPERT Achievement Education--acc422expert
.com
ACC 422 Week 5 Learning Team Problem Presentation
FOR MORE CLASSES VISIT www.acc422expert.com Col
laborate 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.
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ACC 422 EXPERT Achievement Education--acc422expert
.com
ACC 422 Week 5 Signature Assignment Presentation
(Procter And Gamble) FOR MORE CLASSES
VISIT www.acc422expert.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?
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ACC 422 EXPERT Achievement Education--acc422expert
.com
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.acc422expert.com     Comple
te 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 After discussing your answers
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ACC 422 EXPERT Achievement Education--acc422expert
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