Title: ACC 556 GUIDE Education Specialist / acc556guide.com
1ACC 556 GUIDE Education Specialist /
acc556guide.com
2 ACC 556 GUIDE Education Specialist
ACC 556 All Chapter Quizzes FOR MORE CLASSES
VISIT www.acc556guide.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)
3 ACC 556 GUIDE Education Specialist
ACC 556 Chapter 1 Quiz (100 Score) FOR MORE
CLASSES VISIT www.acc556guide.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.
4 ACC 556 GUIDE Education Specialist
ACC 556 Chapter 2 Quiz (100 Score) FOR MORE
CLASSES VISIT www.acc556guide.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.
5 ACC 556 GUIDE Education Specialist
ACC 556 Chapter 3 Quiz (100 Score) FOR MORE
CLASSES VISIT www.acc556guide.com Chapter 3 Quiz
Question 1 Economic events that require
recording in the financial statements are called
accounting transactions
6 ACC 556 GUIDE Education Specialist
ACC 556 Chapter 4 Quiz (100 Score) FOR MORE
CLASSES VISIT www.acc556guide.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.
7 ACC 556 GUIDE Education Specialist
ACC 556 Chapter 5 Quiz (100 Score) FOR MORE
CLASSES VISIT www.acc556guide.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.
8 ACC 556 GUIDE Education Specialist
ACC 556 Chapter 6 Quiz (100 Score) FOR MORE
CLASSES VISIT www.acc556guide.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.
9 ACC 556 GUIDE Education Specialist
ACC 556 Chapter 7 Quiz (100 Score) FOR MORE
CLASSES VISIT www.acc556guide.com Chapter 7 Quiz
Question 1 The most important element of the
fraud triangle is rationalization
10 ACC 556 GUIDE Education Specialist
ACC 556 Chapter 8 Quiz (100 Score) FOR MORE
CLASSES VISIT www.acc556guide.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.
11 ACC 556 GUIDE Education Specialist
ACC 556 Chapter 9 Quiz (100 Score) FOR MORE
CLASSES VISIT www.acc556guide.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 GUIDE Education Specialist
ACC 556 Chapter 10 Quiz (100 Score) FOR MORE
CLASSES VISIT www.acc556guide.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 GUIDE Education Specialist
ACC 556 Chapter 11 Quiz (100 Score) FOR MORE
CLASSES VISIT www.acc556guide.com Chapter 11 Quiz
Question 1 A current liability must be paid out
of current earnings. Question 2 Most notes are
not interest bearing
14 ACC 556 GUIDE Education Specialist
ACC 556 Chapter 12 Quiz (100 Score) FOR MORE
CLASSES VISIT www.acc556guide.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 GUIDE Education Specialist
ACC 556 Chapter 13 Quiz (100 Score) FOR MORE
CLASSES VISIT www.acc556guide.com Chapter 13 Quiz
1. Price-earnings ratio 2. Return on assets 3.
Accounts receivable turnover ratio
16 ACC 556 GUIDE Education Specialist
ACC 556 Chapter 21 Quiz (100 Score) FOR MORE
CLASSES VISIT www.acc556guide.com Chapter 21 Quiz
Question 1 A benefit of budgeting is that it
provides definite objectives for evaluating
performance.
17 ACC 556 GUIDE Education Specialist
ACC 556 Chapter 22 Quiz (100 Score) FOR MORE
CLASSES VISIT www.acc556guide.com Chapter 22 Quiz
Question 1 Budget reports comparing actual
results with planned objectives should be
prepared only once a year.
18 ACC 556 GUIDE Education Specialist
ACC 556 Crooked Scenario 2 Part 1 FOR MORE
CLASSES VISIT www.acc556guide.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 GUIDE Education Specialist
ACC 556 Final Part 1 (100 Correct Answers) FOR
MORE CLASSES VISIT www.acc556guide.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
20 ACC 556 GUIDE Education Specialist
ACC 556 Final Part 1 and 2 FOR MORE CLASSES
VISIT www.acc556guide.com Final Part 1 Question 1
Under the corporate form of business organization
Question
21 ACC 556 GUIDE Education Specialist
ACC 556 Final Part 2 (100 Correct Answers) FOR
MORE CLASSES VISIT www.acc556guide.com Final Part
2 Question 1 A manager of a cost center is
evaluated mainly on Question 2 Bogey Co. recorded
operating data for its Cheap division for the
year.
22 ACC 556 GUIDE Education Specialist
ACC 556 Midterm Part 1 (100 Correct Answers)
FOR MORE CLASSES VISIT www.acc556guide.com ACC
556 - Midterm part 1 Question 1 Source
documents can provide evidence that a transaction
has occurred Question 2 Expense recognition is
tied to revenue recognition.
23 ACC 556 GUIDE Education Specialist
ACC 556 Midterm Part 1 and 2 FOR MORE CLASSES
VISIT www.acc556guide.com ACC 556 - Midterm part
1 Question 1 Source documents can provide
evidence that a transaction has occurred
Question 2 Expense recognition is tied to revenue
recognition.
24 ACC 556 GUIDE Education Specialist
ACC 556 Midterm Part 2 (100 Correct Answers)
FOR MORE CLASSES VISIT www.acc556guide.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
25 ACC 556 GUIDE Education Specialist
ACC 556 Week 1 Crooked Scenario 1 FOR MORE
CLASSES VISIT www.acc556guide.com ACC 556
Week 1 Crooked Scenario 1
26 ACC 556 GUIDE Education Specialist
ACC 556 Week 1 Sherlock Homes FOR MORE CLASSES
VISIT www.acc556guide.com ACC 556 Week 1
Sherlock Homes
27 ACC 556 GUIDE Education Specialist
ACC 556 Week 1 Short Answer Quiz FOR MORE
CLASSES VISIT www.acc556guide.com INDIVIDUAL
ASSIGNMENT Complete the Week 1 Short Answer
Quiz. Click the Assignment Files tab to submit
your assignment as a Microsoft Word
28 ACC 556 GUIDE Education Specialist
ACC 556 WEEK 3 Assessing the Impact of Asset
Misappropriation FOR MORE CLASSES
VISIT www.acc556guide.com INDIVIDUAL
ASSIGNMENT Write a 1,050 word paper on the impact
of asset misappropriation on an organization of
your choice
29 ACC 556 GUIDE Education Specialist
ACC 556 Week 3 Crooked Scenario 3 FOR MORE
CLASSES VISIT www.acc556guide.com Define
and describe Theft Act Investigative Methods. 2.
What is a Vulnerability Chart and how, when and
why is it used?
30 ACC 556 GUIDE Education Specialist
ACC 556 Week 4 Impact of Corruption FOR MORE
CLASSES VISIT www.acc556guide.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.
31 ACC 556 GUIDE Education Specialist
ACC 556 Week 5 Comparing the Impact FOR MORE
CLASSES VISIT www.acc556guide.com ACC 556
Week 5 Comparing the Impact
32 ACC 556 GUIDE Education Specialist
ACC 556 Week 5 Crooked Scenario 5 FOR MORE
CLASSES VISIT www.acc556guide.com ACC 556
Week 5 Crooked Scenario 5
33 ACC 556 GUIDE Education Specialist
ACC 556 Week 5 Memorandum Proactive Method of
Fraud Detection FOR MORE CLASSES
VISIT www.acc556guide.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 Detection found in figure 6.1
34 ACC 556 GUIDE Education Specialist
ACC 556 Week 6 Assignment 1 Financial Analysis
(4 Papers, Apple, Lowe's, Mc Donalds, Walmart)
FOR MORE CLASSES VISIT www.acc556guide.com This
Tutorial contains 4 Different Papers (Apple,
Lowe's, Mc Donalds, Walmart) ACC 556 Week 6
Assignment 1 Financial Analysis
35 ACC 556 GUIDE Education Specialist
ACC 556 Week 6 fraud symptoms and mitigation
FOR MORE CLASSES VISIT www.acc556guide.com
NDIVIDUAL 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 GUIDE Education Specialist
ACC 556 Week 6 Short Answer Quiz FOR MORE CLASSES
VISIT www.acc556guide.com Complete the Week
6 Short Answer Quiz. Click the Assignment Files
tab to submit your assignment as a Microsoft
Word Document.
37 ACC 556 GUIDE Education Specialist
ACC 556 Week 10 Assignment 2 Budget Planning and
Control (3 Papers) FOR MORE CLASSES
VISIT www.acc556guide.com This Tutorial contains
3 Different Papers Assignment 2 Budget Planning
and Control Due Week 10 and worth 160 points Use
the Internet and / or databases to research
budget planning and control.
38ACC 556 GUIDE Education Specialist /
acc556guide.com