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ACC 576 WEEK 4 ASSIGNMENT 1

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Audit Planning and Activities
Write a three to four (3-4) page paper in which you:
1. Evaluate the extent of the fraud in question, and suggest three to five (3-5) reasons why the independent auditors failed to detect the fraudulent activity.
2. Determine the level of responsibility of the auditors to detect within the scope of the audit activities.
3. Suggest the main audit procedures that the firm should have performed to detect the fraud. Indicate your rationale behind your suggested audit procedures.
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ACC 576 WEEK 7 ASSIGNMENT 2

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Write a four to five (4-5) page paper in which you:
1. Choose a publicly traded beverage company, and analyze what you perceive to be the company’s key financial ratios. Based on your analysis, provide a brief assessment of the company’s financial strengths and weaknesses.
2. Based on your analysis, propose one (1) key strategy for the company to improve its financial position as compared to its competitors.
3. Assess potential limitations of your ratio analysis. Next, compare and contrast key predictive ratios that you might use over others to make financing decisions.
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ACCT 251 ALL WEEK DISCUSSIONS WEEK 1 – 7

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ACCT 251 week 1 Discussions latest
Underestimating/Overestimating Peachtree (graded)
Automated accounting information systems, such as Peachtree Complete Accounting 2010, are powerful business tools. Identify and discuss how we may overestimate or underestimate the power of accounting information systems such as Peachtree Complete Accounting 2010.
This section lists options that can be used to view responses.
Accounting Knowledge (graded)
Many of you have taken at least one accounting class prior to taking this class. Explain how a person’s understanding of accounting may help or hurt him or her in his or her use of automated accounting information systems like Peachtree Complete Accounting 2010.











ACCT 251 COMPLETE COURSE LATEST

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ACCT 251 Week 1
Underestimating/Overestimating Peachtree (graded)
Automated accounting information systems, such as Peachtree Complete Accounting 2010, are powerful business tools. Identify and discuss how we may overestimate or underestimate the power of accounting information systems such as Peachtree Complete Accounting 2010. This section lists options that can be used to view responses.
Accounting Knowledge (graded)
Many of you have taken at least one accounting class prior to taking this class. Explain how a person’s understanding of accounting may help or hurt him or her in his or her use of automated accounting information systems like Peachtree Complete Accounting 2010.










AC 410 FINAL EXAM A GRADE

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1. Question: When common stock is issued at an amount greater than par value, the difference between the par value and the proceeds from the sale is recorded by
2. Question: On January 1, 2010, Marvel, Inc., grants a compensatory stock option plan to 10 of its executives. The plan allows each executive to buy 1,000 shares of its $1 par common stock at $30 a share after a three-year service period. The value of each option is estimated to be $8. The company estimates it will have an annual 2% employee turnover rate during the service period. What is the compensation expense for the year ended December 31, 2011?
3. Question: Battleground, Inc. had never had a treasury stock transaction prior to 2010. It experienced the following treasury stock transactions during 2010:
4/1/2010: Reacquired 1,000 shares of its own $5 par common stock, originally sold at $12 a share, for $10 a share. This was the first time that Battleground had reacquired its own stock.
4/8/2010: Reissued 400 shares at $8 a share.
5/2/2010: Reissued 500 shares at $13 a share.












AC 430 FINAL EXAM A GRADE

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1. Question: When common stock is issued at an amount greater than par value, the difference between the par value and the proceeds from the sale is recorded by
2. Question: On January 1, 2010, Marvel, Inc., grants a compensatory stock option plan to 10 of its executives. The plan allows each executive to buy 1,000 shares of its $1 par common stock at $30 a share after a three-year service period. The value of each option is estimated to be $8. The company estimates it will have an annual 2% employee turnover rate during the service period. What is the compensation expense for the year ended December 31, 2011?
3. Question: Battleground, Inc. had never had a treasury stock transaction prior to 2010. It experienced the following treasury stock transactions during 2010:
4/1/2010: Reacquired 1,000 shares of its own $5 par common stock, originally sold at $12 a share, for $10 a share. This was the first time that Battleground had reacquired its own stock.










AC 492 FINAL EXAM THE SPECIFIC AUDIT OBJECTIVE

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AC 492 FINAL EXAM THE SPECIFIC AUDIT OBJECTIVE
1. The specific audit objective that all purchases and cash disbursements made during the period were recorded relates to:
existence or occurrence.
presentation and disclosure.
rights and obligations.
completeness.
2. The use of the computer to compare production hours to direct labor hours on daily production reports relates to the:
rights and obligations assertion.
completeness assertion.
existence or occurrence assertion.















AC 492 THE SPECIFIC AUDIT OBJECTIVE FINAL EXAM

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1. The specific audit objective that all purchases and cash disbursements made during the period were recorded relates to:
existence or occurrence.
presentation and disclosure.
rights and obligations.
completeness.
2. The use of the computer to compare production hours to direct labor hours on daily production reports relates to the:
rights and obligations assertion.
completeness assertion.
existence or occurrence assertion.
valuation or allocation assertion.














ACC 100 ASSIGNMENT 1 CAREERS IN ACCOUNTING

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ACC 100 ASSIGNMENT 1 CAREERS IN ACCOUNTING
Assignment 1: Careers in Accounting
Due Week 8 and worth 240 points
Accounting is the study of how businesses track their income and assets over time. Accountants engage in a wide variety of activities besides preparing financial statements and recording business transactions. These activities include computing costs and efficiency gains from new technologies, participating in strategies for mergers and acquisitions, quality management, developing and using information systems to track financial performance, tax strategy, and health care benefits management.
Use the Internet or the Strayer Online database to research career options within the accounting field and accounting job postings in your local area to respond to the questions in the assignment.










ACC 100 HOMEWORK PACKAGE

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ACC 100 HOMEWORK PACKAGE – INCLUDES ALL WEEKLY HOMEWORK CHAPTERS
ACC 100 Week 1 Homework Chapter 1
ACC 100 Week 2 Homework Chapter 2
ACC 100 Week 3 Homework Chapter 3
ACC 100 Week 4 Homework Chapter 4
ACC 100 Week 5 Homework Chapter 5
ACC 100 Week 6 Homework Chapter 6
ACC 100 Week 7 Homework Chapter 7
ACC 100 Week 9 Homework Chapter 8,9
ACC 100 Week 10 Homework Chapter 18















ACC 100 QUIZZES PACKAGE

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ACC 100 QUIZZES PACKAGE – INCLUDES ALL WEEKLY QUIZZES
ACC 100 Week 2 Quiz Chapter 1 – Strayer Latest
ACC 100 Week 3 Quiz Chapter 2 – Strayer Latest
ACC 100 Week 4 Quiz Chapter 13- Strayer Latest
ACC 100 Week 5 Quiz Chapter 4 – Strayer Latest
ACC 100 Week 6 Quiz Chapter 5- Strayer Latest
ACC 100 Week 7 Quiz Chapter 6 – Strayer Latest
ACC 100 Week 8 Quiz Chapter 7 – Strayer Latest
ACC 100 Week 9 Quiz Chapter 8 – Strayer Latest
ACC 100 Week 10 Quiz Chapter 9 – Strayer Latest















ACC 100 WEEK 2 QUIZ CHAPTER 1

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ACC 100 WEEK 2 QUIZ CHAPTER 1
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ACC 100 WEEK 3 QUIZ CHAPTER 2

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ACC 100 WEEK 4 QUIZ CHAPTER 3

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ACC 100 WEEK 5 QUIZ CHAPTER 4

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ACC 100 WEEK 5 QUIZ CHAPTER 4
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ACC 100 WEEK 6 QUIZ CHAPTER 5

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ACC 100 WEEK 6 QUIZ CHAPTER 5
ACC 100 Week 6 Quiz Chapter 5 – STR






ACC 100 WEEK 7 QUIZ CHAPTER 6

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ACC 100 WEEK 7 QUIZ CHAPTER 6
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ACC 100 WEEK 9 QUIZ CHAPTER 7 AND 8

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ACC 100 WEEK 9 Quiz Chapter 7 and 8






ACC 100 WEEK 9 QUIZ CHAPTER 7

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ACC 100 WEEK 9 QUIZ CHAPTER 7
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ACC 100 WEEK 9 QUIZ CHAPTER 8

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ACC 100 WEEK 9 QUIZ CHAPTER 8
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ACC 100 WEEK 10 QUIZ CHAPTER 9

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ACC 100 WEEK 10 QUIZ CHAPTER 9





ACC 100 WEEK 11 QUIZ CHAPTER 18

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ACC 100 WEEK 11 QUIZ CHAPTER 18
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ACC 201 MULTIPLE CHOICE QUESTIONS

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MULTIPLE CHOICE QUESTIONS ACC201
Total 61 questions







ACC 205 WEEK 1 COMPLETE WORK

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ACC 205 WEEK 1 COMPLETE WORK
Basic Accounting Equations 1. Recognition of normal balances The following items appeared in the accounting records of Triguero’s, a retail music store that also sponsors concerts. Classify each of the items as an asset, liability, revenue, or expense from the company’s viewpoint. Also indicate the normal account balance of each item. a. The albums, tapes, and CDs held for sale to customers. b. A long-term loan owed to Citizens Bank. c. Promotional costs to publicize a concert. d. Daily sales of merchandise sold, e. Amounts due from customers, f. Land held as an investment, g. A new fax machine purchased for office use. h. Amounts to be paid in 10 days to suppliers, i. Amounts paid to a mall for rent.







ACC 205 WEEK 2 COMPLETE WORK

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WEEK 2
ASSIGNMENT:
Acc 205_Week Two Exercise Solution
1. Classification of items for Ron Carroll Company
A. pre¬paid expense
B. accrued revenue
C. none of the foregoing
D. unearned revenue
E. pre¬paid expense
F. accrued expense
G. none of the foregoing
















ACC 205 WEEK 3 COMPLETE WORK

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ACC 205 WEEK 3 COMPLETE WORK
ASSIGNMENT:
ACC 205 Week Three Exercise Solution
1. Specific identification method:
2. Inventory valuation methods:
3. Perpetual inventory system:
4. Inventory valuation methods:
5. Depreciation methods:
6. Depreciation computations:
7. Depreciation computations:
ACC205_Week_Three_Exercise_Assignment:
















ACC 206 WEEK 1 HOMEWORK CHAPTER 10

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ACC 206 WEEK 1 HOMEWORK CHAPTER 10
ACC 206 Week 1 Homework Chapter 10 – STR








ACC 206 WEEK 2 QUIZ 1 CHAPTER 10

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ACC 206 WEEK 2 QUIZ 1 CHAPTER 10
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ACC 206 WEEK 4 HOMEWORK CHAPTER 13

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ACC 206 WEEK 4 HOMEWORK CHAPTER 13 – STR NEW







ACC 206 WEEK 4 QUIZ 3 CHAPTER 12

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ACC 206 WEEK 4 QUIZ 3 CHAPTER 12
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ACC 206 WEEK 5 HOMEWORK CHAPTER 14

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ACC 206 Week 5 Homework Chapter 14 – STR NEW






ACC 206 WEEK 8 HOMEWORK CHAPTER 17

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ACC 206 Week 8 Homework Chapter 17 – STR NEW







ACC 206 WEEK 8 QUIZ 6 CHAPTER 16

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ACC 206 WEEK 8 QUIZ 6 CHAPTER 16
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ACC 206 WEEK 9 HOMEWORK CHAPTER 18

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ACC 206 WEEK 9 HOMEWORK CHAPTER 18
ACC 206 Week 9 Homework Chapter 18 – STR NEW







ACC 206 WEEK 9 QUIZ 7 CHAPTER 17

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ACC 206 WEEK 9 QUIZ 7 CHAPTER 17
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ACC 206 WEEK 10 HOMEWORK CHAPTER 19

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ACC 206 WEEK 10 HOMEWORK CHAPTER 19
ACC 206 Week 10 Homework Chapter 19 – STR NEW








ACC 206 WEEK 10 QUIZ 8 CHAPTER 18

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ACC 206 WEEK 10 QUIZ 8 CHAPTER 18
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ACC 206 WEEK 11 FINAL EXAM

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ACC 206 WEEK 11 FINAL EXAM
ACC 206 Week 11 Final Exam – STR NEW








ACC 225 WEEK 1 CHECKPOINT FINANCIAL STATEMENTS

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ACC 225 WEEK 1 CHECKPOINT FINANCIAL STATEMENTS
Week 1:
CheckPoint: Financial Statements
Resource: Fundamental Accounting Principles, Ch. 1
Due Date: Day 5 [post to the Individual forum]•
Consider that you have been asked to explain financial statements to someone whoknows nothing about accounting.
Review the information on financial statements in Ch. 1 of Fundamental AccountingPrinciples.













ACC 225 WEEK 1 DQ 1 AND DQ 2

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ACC 225 WEEK 1 DQ 1 AND DQ 2
Week 1
Discussion Question 1
Due Date: Day 2 [post to the Main forum]• Post your response to the following: Interview a friend or family member about his/herwork environment. Is his/her organization a sole proprietorship, partnership, orcorporation? Who is involved with the accounting decisions and information? In whatways is your friend or family member affected by the accounting information?










ACC 225 WEEK 2 COMPLETE WORK

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ACC 225 WEEK 2 COMPLETE WORK
Week 2:
CheckPoint: Debits and Credits
Resource: Fundamental Accounting Principles, p. 74
Due Date: Day 4 [Individual] forum• Post your answers to Quick Study questions QS 2-3, QS 2-4, and QS 2-5.
Assignment: Preparing Journal Entries and Trial Balances
Resource: Fundamental Accounting Principles, pp. 76 and 80
Due Date: Day 7 [Individual] forum
Complete Exercises 2-4 and 2-5 on p. 76 and Problem 2-2A on p. 80.• Post your answers as an attachment.














ACC 225 WEEK 4 COMPLETE WORK

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ACC 225 WEEK 4 COMPLETE WORK
Week 4:
CheckPoint: Preparing Balance Sheets and Statements
Resource: Fundamental Accounting Principles, pp. 156 and 159
Due Date: Day 4 [Individual] forum• Complete Quick Study question QS 4-2 on p. 156 and Exercises 4-4 and 4-5 on p. 159.• Post your answers as an attachment.
Assignment: Preparing Entries and Statements
Resources: Fundamental Accounting Principles, pp. 165-167
Due Date: Day 7 [Individual] forum• Complete Problems 4-5A and 4-6A. When responding to the analysis component of 4-5A, be sure to think critically about the possible errors that are described.











ACC 225 WEEK 5 COMPLETE WORK

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ACC 225 WEEK 5 COMPLETE WORK
Week 5:
CheckPoint: Inventory Systems and Calculating Revenues, Expenses, and Income
Resource: Fundamental Accounting Principles, pp. 206, 208, and 209.
Due Date: Day 5 [Individual] forum• Complete Quick Study question QS 5-8 on p. 206 and Exercises 5-9 and 5-13 on pp.208-209.
Post your answers as an attachment.
Discussion Question 1
Due Date: Day 2 [Main] forum•













ACC 225 WEEK 6 COMPLETE WORK

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ACC 225 WEEK 6 COMPLETE WORK
Week 6:
CheckPoint: Computing Inventory Balances and Lower of Cost or Market
Resource: Fundamental Accounting Principles, pp. 247-249•
Due Date: Day 4 [Individual] forum•
Complete Quick Study question QS 6-1 on p. 247 and Exercises 6-1 and 6-5 on pp. 248and 249.
Assignment: Estimating Inventory and Preparing Multiple-Step and Single-Step IncomeStatements
Resource: Fundamental Accounting Principles, pp. 251 and 256• Due Date: Day 7 [Individual] forum• Complete Problems 5-4A on p. 212, 6-1A on p. 251, and 6-6B and 6-7B on p. 256.• Post your answers as an attachment.














ACC 225 WEEK 7 COMPLETE WORK

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ACC 225 WEEK 7 COMPLETE WORK
CheckPoint: Accounting Information Systems and Special Journals
Resource: Fundamental Accounting Principles, pp. 289, 290, and 291• Due Date: Day 5 [Individual] forum•
Complete Quick Study questions QS 7-1 and QS 7-3 on p. 289, and Exercises 7-1, 7-4,7-7, and 7-10 on pp. 290-291.• Post your answers as an attachment.
Discussion Question 1
Due Date: Day 2 [Main] forum
Post your response to the following: Megagrocer is a grocery chain that operates fivestores. The stores are supplied with produce, meat, dairy, and dry goods by six separatevendors. In addition to the stores, Megagrocer maintains an ecommerce site throughwhich customers can order and pay for groceries.









ACC 225 WEEK 8 COMPLETE WORK

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ACC 225 WEEK 8 COMPLETE WORK
Week 8:
CheckPoint: Accounting Information Systems and Special Journals
Resource: Fundamental Accounting Principles, pp. 289, 290, and 291•
Due Date: Day 5 [Individual] forum•
Complete Quick Study questions QS 7-1 and QS 7-3 on p. 289, and Exercises 7-1, 7-4,7-7, and 7-10 on pp. 290-291.• Post your answers as an attachment.
Assignment: Internal Control and Bank Reconciliations
Resource: Fundamental Accounting Principles, pp. 338 and 339•
Due Date: Day 7 [Individual] forum•














ACC 225 WEEK 9 COMPLETE WORK

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ACC 225 WEEK 9 COMPLETE WORK
Week 9:
Final Project: Comprehensive Problem-Perpetual
Resources: Appendix A, Fundamental Accounting Principles, p. 301, and Appendix C• Due Date: Day 7 [Individual] forum•
Complete the Comprehensive Problem-Perpetual. In this project, follow the steps of theaccounting cycle to process given transactions in a business environment. Then,synthesize special journals, a trial balance, financial statements, and a post-closing trialbalance.• Use the spreadsheet in Appendix C available on aXcess to complete the problems. Besure to use the tabs labeled P07C and Given P07C.•











ACC 290 COMPLETE CLASS

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ACC 290 COMPLETE CLASS
ACC 290 Week 1 DQ1(What are the four basic financial statements )
ACC 290 Week 1 DQ2(How would the financial statements be useful to managers and employees )
ACC 290 Week 1 DQ3(What are debits and credits )
ACC 290 Week 1 Individual Assignment Financial Statements Paper
ACC 290 Week 1 Summary
ACC 290 Week 2 DQ1(What is the difference between accrual and cash accounting)
ACC 290 Week 2 DQ2(What is the revenue recognition principle )
ACC 290 Week 2 DQ3(What are adjusting entries and why are they necessary )














ACC 290 FINAL EXAM SOLUTION 30 MCQS

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ACC 290 FINAL EXAM SOLUTION 30 MCQS
1) Which financial statement is used to determine cash generated from operations?
2) In terms of sequence, in what order must the four basic financial statements be prepared?
3) In classifying transactions, which of the following is true in regard to assets?
4) An increase in an expense account must be
5) ABC Corporation issues 100 shares of $1 par common stock at $5 per share, which of the following is the correct journal entry?











ACC 290 WEEK 3 COMPLETE WORK

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ACC 290 WEEK 3 COMPLETE WORK
Week 3
Resource: Ch. 4 of Financial Accounting
Complete Chapter 4: Questions # 2, 3, 4; Brief Exercises BE4-2, BE4-12, BE4-14 and BE4-15 and Exercise E4-5
Resource: Chapter 3 and Chapter 4 of Financial Accounting
Complete Chapter 3: Problem 3-5A and Chapter 4: Exercises E4-3 and E4-15.
• Why does a company choose to form as a corporation? What are the steps required to become a corporation? What are the advantages and disadvantages of the corporate form of doing business?












ACC 290 WEEK 4 AND WEEK 5

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ACCOUNTING 290 Week 4 and Week 5 Wiley Plus with Final Exam







ACC 291 FINAL EXAM SOLUTION 30 MCQS

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ACC 291 FINAL EXAM SOLUTION 30 MCQS
1) Hahn Company uses the percentage of sales method for recording bad debts expense. For the year, cash sales are $300,000 and credit sales are $1,200,000. Management estimates that 1% is the sales percentage to use. acc 291 final exam. What adjusting entry will Hahn Company make to record the bad debts expense?
2) Using the percentage of receivables method for recording bad debts expense, estimated uncollectible accounts are $15,000. acc 291 final exam. If the balance of the Allowance for Doubtful Accounts is $3,000 credit before adjustment, what is the amount of bad debts expense for that period?









ACC 291 WEEK 1 INDIVIDUAL ASSIGNMENT

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ACC 291 WEEK 1 INDIVIDUAL ASSIGNMENT
E9-2
Trudy Company incurred the following costs.
1. Sales tax on factory machinery purchased $ 5,000
2. Painting of and lettering on truck immediately upon purchase 700
3. Installation and testing of factory machinery 2,000
4. Real estate broker’s commission on land purchased 3,500
5. Insurance premium paid for first year’s insurance on new truck 880
6. Cost of landscaping on property purchased 7,200
7. Cost of paving parking lot for new building constructed 17,900















ACC 291 WEEK 4 INDIVIDUAL ASSIGNMENT – EXERCISES

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ACC 291 WEEK 4 INDIVIDUAL ASSIGNMENT – EXERCISES
Complete Problem 11-6A.








ACC 300 COMPLETE CLASS

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ACC 300 COMPLETE CLASS
1. ACC 300 Week 1 – Individual Assignment – Chapter Two – Brief Exercises.doc
2. ACC 300 Week 2 – Learning Team Assignment.xlsx
3. ACC 300 week 2 dqs.doc
4. ACC 300 Week 2 Individual Assignment Accounting Equation paper.docx
5. ACC 300 Week 2 Individual Problem Set P1-3A and P3-5A.doc
6. ACC 300 Week 3 – Individual Assignment Part I.xlsx
7. ACC 300 Week 3 – Individual Assignment Part III.xlsx
8. ACC 300 Week 3 – Individual Assignment Part IV.doc
9. ACC 300 Week 3 – Individual Assignment Part V.xlsx
10. ACC 300 Week 3 – Learning Team Assignment – Landrys.doc
11. ACC 300 week 3 dqs.doc
12. ACC 300 Week 3 Learning Team Assignment Working With Financial Statements.docx


















ACC 303 ENTIRE COURSE

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ACC 303 ENTIRE COURSE
ACC 303 WEEK 2 QUIZ 1
ACC 303 WEEK 3 QUIZ 2
ACC 303 WEEK 4 QUIZ 3
ACC 303 WEEK 5 MIDTERM EXAM
ACC 303 WEEK 7 QUIZ 4
ACC 303 WEEK 8 QUIZ 5
ACC WEEK 8 ASSIGNMENT 1
ACC 303 WEEK 9 QUIZ 6
ACC 303 WEEK 10 QUIZ 7
ACC WEEK 11 FINAL EXAM

















ACC 303 WEEK 2 QUIZ 1

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ACC 303 WEEK 2 QUIZ 1
ACC 303 Week 2 Quiz 1
All Questions Included.

TRUE-FALSE—Conceptual
1. Financial accounting is the process of identifying, measuring, analyzing, and communicating financial information needed by management to plan, evaluate, and control a company’s operations.
2. Financial statements are the principal means through which a company communicates its financial information to those outside it.
3. Users of financial reports provided by a company use that information to make their capital allocation decisions.














ACC 303 WEEK 3 QUIZ 2

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ACC 303 WEEK 3 QUIZ 2
ACC 303 Week 3 Quiz 2
All Questions Included.

TRUE-FALSE—Conceptual
1. The conceptual framework for accounting has been discovered through empirical research.
2. A conceptual framework is a coherent system of interrelated objectives and fundamentals that can lead to consistent standards.
3. The first level of the conceptual framework identifies the recognition and measurement concepts used in establishing accounting standards.













ACC 303 WEEK 4 QUIZ 3

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ACC 303 WEEK 4 QUIZ 3
ACC 303 Week 4 Quiz 3
All Questions Included.

TRUE/FALSE

1. A ledger is where the company initially records transactions and selected other events.
2. Nominal (temporary) accounts are revenue, expense, and dividend accounts and are periodically closed.













ACC 303 WEEK 5 MIDTERM EXAM

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ACC 303 WEEK 5 MIDTERM EXAM
ACC 303 Week 5 Midterm Exam – STR NEW
ACC 303 Week 5 Midterm Exam

TRUE-FALSE—Conceptual
1. Financial accounting is the process of identifying, measuring, analyzing, and communicating financial information needed by management to plan, evaluate, and control a company’s operations.
2. Financial statements are the principal means through which a company communicates its financial information to those outside it.
3. Users of financial reports provided by a company use that information to make their capital allocation decisions.













ACC 303 WEEK 7 QUIZ 4

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ACC 303 WEEK 7 QUIZ 4
ACC 303 Week 7 Quiz 4 – STR NEW
ACC 303 Week 7 Quiz 4
All Questions Included


TRUE FALSE—Conceptual
1. Liquidity refers to the ability of an enterprise to pay its debts as they mature.
2. The balance sheet omits many items that are of financial value to the business but cannot be recorded objectively.














ACC 303 WEEK 8 ASSIGNMENT 1

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ACC 303 WEEK 8 ASSIGNMENT 1
ACC 303 WEEK 8 Assignment 1 – Business Financial Metrics
Events in the world of corporate finance during the past three (3) years have shown the importance of
transparent and accurate financial reporting by businesses. There are numerous methods for evaluating
the financial well-being of a business. In this paper, we will review and evaluate the financial analysis
tools available to business manager, investors, and government regulators.
Write a five to six (5-6) page paper in which you:
1. Compare and analyze the financial metrics and ratios used to evaluate the balance sheet and
income statement information.













ACC 303 WEEK 8 QUIZ 5

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ACC 303 WEEK 8 QUIZ 5
ACC 303 Week 7 Quiz 4
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TRUE FALSE—Conceptual
1. Liquidity refers to the ability of an enterprise to pay its debts as they mature.
2. The balance sheet omits many items that are of financial value to the business but cannot be recorded objectively.













ACC 303 WEEK 9 QUIZ 6

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ACC 303 WEEK 9 QUIZ 6
ACC 303 Week 9 Quiz 6 – STR NEW
ACC 303 Week 9 Quiz 6
All Questions Included.

TRUE-FALSE—Conceptual
1. The time value of money refers to the fact that a dollar received today is worth less than a dollar promised at some time in the future.
2. Interest is the excess cash received or repaid over and above the amount lent or borrowed.
3. Simple interest is computed on principal and on any interest earned that has not been withdrawn.













ACC 303 WEEK 10 QUIZ 7

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ACC 303 WEEK 10 QUIZ 7
ACC 303 Week 10 Quiz 7 – STR NEW
ACC 303 Week 10 Quiz 7
All Questions Included.

TRUE-FALSE—Conceptual
1. The time value of money refers to the fact that a dollar received today is worth less than a dollar promised at some time in the future.
2. Interest is the excess cash received or repaid over and above the amount lent or borrowed.














ACC 303 WEEK 11 FINAL EXAM

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ACC 303 WEEK 11 FINAL EXAM
ACC 303 Week 11 Final Exam – STR NEW
ACC 303 Week 11 Final Exam
All Questions Included.


TRUE FALSE—Conceptual
1. Liquidity refers to the ability of an enterprise to pay its debts as they mature.
2. The balance sheet omits many items that are of financial value to the business but cannot be recorded objectively.














ACC 304 WEEK 2 QUIZ 1

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ACC 304 WEEK 2 QUIZ 1
ACC 304 Week 2 Quiz 1 – STR NEW
ACC 304 Week 2 Quiz 1
All Questions Included.


TRUE FALSE—Conceptual
1. A manufacturing concern would report the cost of units only partially processed as inventory in the balance sheet.
2. Both merchandising and manufacturing companies normally have multiple inventory accounts.














ACC 304 WEEK 3 QUIZ 2

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ACC 304 WEEK 3 QUIZ 2
ACC 304 Week 3 Quiz 2 – STR NEW
ACC 304 Week 3 Quiz 2
All Questions Included

TRUE-FALSE—Conceptual
1. A company should abandon the historical cost principle when the future utility of the inventory item falls below its original cost.
2. The lower-of-cost-or-market method is used for inventory despite being less conservative than valuing inventory at market value.
3. The purpose of the “floor” in lower-of-cost-or-market considerations is to avoid overstating inventory.














ACC 304 WEEK 4 QUIZ 3

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ACC 304 WEEK 4 QUIZ 3
ACC 304 Week 4 Quiz 3 – STR NEW
ACC 304 Week 4 Quiz 3

All Questions Included.


TRUE-FALSE—Conceptual
1. Assets classified as Property, Plant, and Equipment can be either acquired for use in operations, or acquired for resale.
2. Assets classified as Property, Plant, and Equipment must be both long-term in nature and possess physical substance.















ACC 304 WEEK 5 MIDTERM EXAM

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ACC 304 WEEK 5 MIDTERM EXAM ACC 304 Week 5 Midterm Exam – STR NEW Our Products >> ACC 304 >> ACC 304 Week 5 Midterm Exam – Strayer University NEW ACC 304 Week 5 Midterm Exam All Questions Included. TRUE FALSE—Conceptual 1. A manufacturing concern would report the cost of units only partially processed as inventory in the balance sheet. 2. Both merchandising and manufacturing companies normally have multiple inventory accounts. 3. When using a perpetual inventory system, freight charges on goods purchased are debited to Freight-In. 4. If a supplier ships goods f.o.b. destination, title passes to the buyer when the supplier delivers the goods to the common carrier. 5. If ending inventory is understated, then net income is understated. 6. If both purchases and ending inventory are overstated by the same amount, net income is not affected. 7. Freight charges on goods purchased are considered a period cost and therefore are not part of the cost of the inventory. 8. Purchase Discounts Lost is a financial expense and is reported in the “other expenses and losses” section of the income statement.




ACC 304 WEEK 7 QUIZ 4

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ACC 304 WEEK 7 QUIZ 4
ACC 304 Week 7 Quiz 4 – STR NEW
ACC 304 Week 7 Quiz 4
All Questions Included.


TRUE-FALSE—Conceptual
1. Intangible assets derive their value from the right (claim) to receive cash in the future.
2. Internally created intangibles are recorded at cost.
3. Internally generated intangible assets are initially recorded at fair value.















ACC 304 WEEK 8 ASSIGNMENT 1

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ACC 304 WEEK 8 ASSIGNMENT 1
ACC 304 WEEK 8 Assignment 1 – IFRS and GAAP Convergence
Events in the world of corporate finance during the past few years have shown the importance of
transparent and accurate financial reporting by businesses. There are numerous methods for evaluating
the financial well-being of a business. In this paper, you will review and evaluate the financial analysis
tools available to business manager, investors, and government regulators.
Write a five to six (5-6) page paper in which you:
1. Describe what accounting convergence means and assess the likelihood of the convergence
being completed and implemented in the next five (5) years.














ACC 304 WEEK 8 QUIZ 5

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ACC 304 WEEK 8 QUIZ 5
ACC 304 Week 8 Quiz 5 – STR NEW
ACC 304 Week 8 Quiz 5
All Questions Included.

TRUE-FALSE—Conceptual
1. A zero-interest-bearing note payable that is issued at a discount will not result in any interest expense being recognized.
2. Dividends in arrears on cumulative preferred stock should be recorded as a current liability.













ACC 304 WEEK 9 QUIZ 6

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ACC 304 WEEK 9 QUIZ 6
ACC 304 Week 9 Quiz 6 – STR NEW
ACC 304 Week 9 Quiz 6
All Questions Included.

TRUE FALSE—Conceptual
1. Companies usually make bond interest payments semiannually, although the interest rate is generally expressed as an annual rate.
2. A mortgage bond is referred to as a debenture bond.
3. Bond issues that mature in installments are called serial bonds.














ACC 304 WEEK 10 QUIZ 7

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ACC 304 WEEK 10 QUIZ 7
ACC 304 Week 10 Quiz 7 – STR NEW
ACC 304 Week 10 Quiz 7
All Questions Included.

TRUE-FALSE—Conceptual
1. A corporation is incorporated in only one state regardless of the number of states in which it operates.
2. The preemptive right allows stockholders the right to vote for directors of the company.













ACC 304 WEEK 11 FINAL EXAM

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ACC 304 WEEK 11 FINAL EXAM
ACC 304 Week 11 Final Exam – ST