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AC 551 Unit 1 Assignment Chapter 1 – 5, 7, 10, 13, 16, 19 – PowerPoint PPT presentation

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Title: AC 551 Course Marvelous Learning - snaptutorial.com


1
AC 551 Course Marvelous Learning /
snaptutorial.com
The Best way to predict the Future is to create
it.....To Best way....
www.snaptutorial.com
2
AC 551 Course Marvelous Learning /
snaptutorial.com
AC 551 Unit 1 Assignment Chapter 1 5, 7, 10,
13, 16, 19 For more classes visit www.snaptutori
al.com   AC 551 Unit 1 Assignment Chapter 1 5,
7, 10, 13, 16, 19
3
AC 551 Course Marvelous Learning /
snaptutorial.com
AC 551 Unit 2 Assignment Chapter 2 For more
classes visit www.snaptutorial.com   Question
2 Discuss the highest level of thinking according
to Blooms taxonomy. Question 4 Discuss how
critical thinking relates to the term
professional skepticism. Question 7 Discuss the
AICPA list of effective writing characteristics.
Which are editing skills, and which are composing
skills?
4
AC 551 Course Marvelous Learning /
snaptutorial.com
AC 551 Unit 3 FASB Codification For more
classes visit www.snaptutorial.com   Identify the
six topical areas where some 90 topics are
located. 2.      In the master glossary,
determine if the FASB considers options as
securities or as cash. Explain your
position.   According to guidance in the
Codification, how should one account for the
direct and indirect costs of growing crops? In
what Codification section did you find this
information?   What two methods are identified in
the Codification as appropriate in accounting for
long-term construction contracts? Where in the
Codification did you find this? 
5
AC 551 Course Marvelous Learning /
snaptutorial.com
AC 551 Unit 4 Assignment FASB Codification (Case
13-1, Refer a Friend Program) For more classes
visit www.snaptutorial.com   1. How should the
25 Referral Credit be recorded in Runways
Income Statement as a reduction of revenue or as
a marketing expense? 2. When would Runway record
the 25 Referral Credit? What are the entries
Runway would record when the 25 Referral Credit
is earned by the Existing Customer?  
6
AC 551 Course Marvelous Learning /
snaptutorial.com
  AC 551 Unit 5 Homework Assignment FASB
Codification Case (Case 13-5 Occupy Mall Street)
For more classes visit www.snaptutorial.com   Cas
e 13-05 Occupy Mall Street Occupy Mall Street
(OMS or the Company) is a leading real estate
management firm that owns and manages over 100
shopping malls across the United States. The
Company went public in 2009 and experienced a
continued increase in stock price through 2011.
With the sustained growth of the business and
rising stock price, OMS developed a practice of
granting annual stock option awards to its
executives at the beginning of each year.
7
AC 551 Course Marvelous Learning /
snaptutorial.com
The Best way to predict the Future is to create
it.....To Best way....
www.snaptutorial.com
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