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ACC 422 Course Real Knowledge / acc422dotcom
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ACC 422 Final Exam Guide 1
ACC 422 Entire Course
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
ACC 422 Week 1 DQ 1 ACC 422 Week 1 DQ 2 ACC 422
Week 1 DQ 3 ACC 422 Week 1 Individual Assignment
Disclosure Analysis Paper
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ACC 422 Course Real Knowledge / acc422dotcom
ACC 422 Week 1 DQ 1
ACC 422 Final Exam Guide 2
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.
Which of the following is considered cash??4) If
a company employs the gross method of recording
accounts
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ACC 422 Week 1 DQ 3
ACC 422 Week 1 DQ 2
What are the different ways to estimate bad
debt? How does this affect net income?
What is the perpetual method of tracking
inventory? How does it differ from the periodic
method of tracking inventory?
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ACC 422 Course Real Knowledge / acc422dotcom
ACC 422 Week 1 Summary
ACC 422 Week 1 Individual Assignment
Post a 150 words summary what you have learned
this week
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.
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ACC 422 Week 2 DQ 2
ACC 422 Week 2 DQ 1
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.
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 Real Knowledge / acc422dotcom
ACC 422 Week 2 Individual Assignment E7-2, E7
ACC 422 Week 2 DQ 3
Prepare written responses to the following
assignments from the text Ch. 7 Exercises E7-2
E7-8 Ch. 8 Question 13 and Exercises E8-5
E8-14
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?
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ACC 422 Course Real Knowledge / acc422dotcom
ACC 422 Week 2 Summary
ACC 422 Week 2 Learning Team Assignment From
Post a 150 words summary what you have learned
this week
Resource Intermediate Accounting Prepare written
responses to the following assignments from the
text Ch. 7 Problem P7-10 Ch. 8 Exercise E8-25
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ACC 422 Course Real Knowledge / acc422dotcom
ACC 422 Week 3 DQ 2
ACC 422 Week 3 DQ 1
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?
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 Real Knowledge / acc422dotcom
ACC 422 Week 3 Individual Assignment From the
Text
ACC 422 Week 3 DQ 3
Resource Intermediate Accounting Prepare written
responses to the following assignments from the
text Ch. 9 Exercises E9-1, E9-12,
E9-19
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 Real Knowledge / acc422dotcom
ACC 422 Week 3 Summary
ACC 422 Week 3 Learning Team Assignment From
Post a 150 words summary what you have learned
this week
Resource Intermediate Accounting Prepare written
responses to the following assignments from the
text Ch. 9 Problem P9-9
Ch. 10 Problem P10-8
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ACC 422 Course Real Knowledge / acc422dotcom
ACC 422 Week 4 DQ 2
ACC 422 Week 4 DQ 1
What is a contingency? Why are contingencies
important to users of financial statements? What
are the criteria for recording contingencies?
What are the criteria for classifying an item as
a current liability? What are some examples of
current liabilities?
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ACC 422 Course Real Knowledge / acc422dotcom
ACC 422 Week 4 Individual Assignment From
ACC 422 Week 4 DQ 3
Resource Intermediate Accounting Prepare written
responses to the following assignments from the
text
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 Course Real Knowledge / acc422dotcom
ACC 422 Week 5 DQ 1
ACC 422 Week 4 Learning Team Assignment From
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?
Resource Intermediate Accounting Prepare written
responses to the following assignments from the
text
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ACC 422 Course Real Knowledge / acc422dotcom
ACC 422 Week 5 DQ 3
ACC 422 Week 5 DQ 2
What is the implication to the lessee if the
residual value is guaranteed or
unguaranteed? What is the implication to the
lessor?
What are the criteria for classifying a lease as
operating or capital? Why is there a difference
between the two?
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ACC 422 Course Real Knowledge / acc422dotcom
ACC 422 Week 5 Individual Assignment From The
Text
ACC 422 Week 5 DQ 4
Resource Intermediate Accounting Prepare written
responses to the following assignments listed at
the end of each chapter
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 Course Real Knowledge / acc422dotcom
ACC 422 Week 5 Learning Team Problem Presentation
ACC 422 Week 5 Learning Team Assignment From
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.
Resource Intermediate Accounting Prepare written
responses to the following assignments from the
text
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