Week Four Team Reflection Tara Bolton‚ Misty Lambou‚ Kenneth Maxwell‚ Jeanette Platt ACC/422 November 26‚ 2012 Instructor: Don Minyard Week Four Team Reflection During Week Four Team D discussed the objectives learned in Week Three. In the following paragraphs‚ Team D will provide examples of the effect of using different depreciation methods and its effects of decision-making by the management. Team D will also analyze why reporting intangible assets are challenging for accountants. Depreciation
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Practice Exam – 10 Points ACC/490 Auditing Student Name: Multiple Choice – Highlight the best answer Point Value: .25 each 1. Which one of the following is among the three components of audit risk? a. incurrence risk b. occurrence risk c. rejection risk d. control risk 2. The Hochfelder Case is important because it limited auditor liability under: a. the 1933 Securities Act. b. the 1934 Securities Exchange Act. c. common law. d. RICO. 3. Which of the following
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Homework – Week 4 Desislava Tabakova ACC 403 – Auditing I Professor Ashley Braun Harper November 2‚ 2014 Chapter 7: Problems 7-29(a-g) and 7-33(a-b) Chapter 8: Problems 8-29(a-d) and 8-32(a-b) 7-29 A-G A- Recorded amount of entries in the acquisition journal 1- Documentation--consists of the client’s business documents used to support accounting events. The strength of documentation is that it is prevalent and available at a low cost. Documents can be internal or externally
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Axia College/ ACC 230 Week 8 Presenting to stakeholders The Shareholders are going to be interested in the financial health of the company so it will be important to focus on profit ratios and return on investments. When evaluating a company’s financial health it is important to evaluate all positive and negative financial instances. When I meet with the design crew‚ investors‚ and CEO I will suggest that we paint an honest picture of our financial health. In accordance
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Learning Team Reflection In this paper we provide a brief history of CAMCO manufacturing. Then we identify the type of process design CAMCO manufacturing uses. We will also explain several items regarding the manufacturing process related to the organization that as a team‚ we viewed as unique and interesting? Camco Manufacturing Inc. started in 1966 with one employee and one product. Today‚ over 40 plus years later‚ they have more than 350 employees‚ over 3‚000 products and five manufacturing
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Summary Discussion on IFRS versus GAAP Jayne Egharevba ACC/291 January 26‚2015 Business Management Summary Discussion on IFRS versus GAAP Harris‚ P.‚ Stahlin‚ W.‚ Arnold‚ L. W.‚ & Kinkela‚ K. (2013).The Financial Accounting Standard Boards ( FASB) and International Accounting Standard Board ( IASB) are both working on financial instruments that include classification and measurement of the financial instrument and impairment of financial assets. However‚ the boards did not converge and set down
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Assignments from the Readings ACC/400 July 15‚ 2013 Assignments from the Readings Chapter 8‚ Question 3: What are essential features of the allowance method of accounting for bad debt? According to Kimmel‚ Weygandt‚ & Kieso‚2007: 1. Estimated uncollectible accounts receivable: These accounts match them against revenues in the same accounting period. 2. “Record estimated uncollectible as an increase (a debt) to bad debt expense and an increase ( a credit) to Allowance for Doubtful
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go to this address to get the tutorial: http://homeworkfox.com/tutorials/business/508/acc-422-week-5-wileyplus-assignment-exercises/ ACC 422 Week 5 WileyPlus Assignment - Exercises Business - Accounting ACC422 Week 5 E13-13 P13-9 E14-21 E21-7 E13-13 (Contingencies) Presented below are three independent situations. Answer the question at the end of each situation. 1. During 2010‚ Maverick Inc. became involved in a tax dispute with the IRS. Maverick’s attorneys have indicated that they
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analyse your collaborative contribution to teamwork effectiveness. Some experiences to reflect on may include: • How were you collaborating with and contributing to the team? Was it effective? Why and why not? • What went wrong and how did you or your team members respond to the situation? What was the result? What could you or your team member/s have done to yield better results? ð Meeting time as everyone has the different working timetable. (solution: meeting on the weekend; online meeting; create
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Content and Organization 65 Percent Percent Earned: /5.85 Comments: All key elements of the assignment are covered in a substantive way. Examine basic concepts of human interaction from a psychology perspective. In your examination‚ describe at least two examples of how human behavior changes based on social situations. In your description be sure to address the following: Describe the specific behaviors. Describe the context in which the behaviors occurred. Analyze precursors and consequences
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