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31 Cards in this Set
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ACC 421 Intermediate Financial Accounting I |
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ACC 421 Final Exam Guide 4 Sets |
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ACC 421 Week 1 DQ 1 What are the major objectives of financial reporting? |
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ACC 421 Week 1 DQ 2 What is the purpose of GAAP and the accounting cycle? |
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ACC 421 Week 1 DQ 3 What organizations are responsible for governing financial reporting and what are their roles? |
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ACC 421 Week 1 Individual Accounting Cycle Paper Prepare a 700- to 1,050-word paper explaining the overall accounting cycle at your organization. Include a description of the people, processes, and systems that are integral to the cycle.
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ACC 421 Week 1 Individual Assignments From the Text Resource: Intermediate Accounting
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ACC 421 Week 1 Summary |
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ACC 421 Week 2 DQ 1 What are the different criteria for recognizing revenue? |
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ACC 421 Week 2 DQ 2 What are the differences between regular and irregular items on an income statement? |
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ACC 421 Week 2 DQ 3 What is included in other comprehensive income? |
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ACC 421 Week 2 Individual Assignment P1, P2, P3, P4 |
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ACC 421 Week 2 Learning Team Assignments From the Text Resource: Intermediate Accounting
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ACC 421 Week 2 Summary |
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ACC 421 Week 3 DQ 1 What are the limitations of using ratios for financial statement analysis? What are the benefits? |
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ACC 421 Week 3 DQ 2 What does full disclosure mean? How does full disclosure affect financial reporting? |
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ACC 421 Week 3 DQ 3 What information is provided in the auditors’ report? |
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ACC 421 Week 3 Individual Assignments P1,P2,P3 and P4 |
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ACC 421 Week 3 Learning Team Assignments From the Text Resources: Intermediate Accounting
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ACC 421 Week 3 Summary |
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ACC 421 Week 4 DQ 1 What does the statement of cash flows tell you about a company? |
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ACC 421 Week 4 DQ 2 What is included in each section of the statement of cash flows? |
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ACC 421 Week 4 DQ 3 What are the differences between the direct and indirect method of presenting a statement of cash flows? |
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ACC 421 Week 4 Individual Assignment
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ACC 421 Week 4 Learning Team Assignments From the Text Resource: Intermediate Accounting Write responses to Problem P5-3 in Ch. 5 and Concepts for Analysis CA24-2 in Ch. 24 of Intermediate Accounting.
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ACC 421 Week 4 Summary
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ACC 421 Week 5 DQ 1 What does the time value of money mean? Why is this concept important in accounting? Under what circumstances would we use the time value of money calculations? |
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ACC 421 Week 5 DQ 2 When would we use present value calculations? When would we use future value calculations? Which is more likely to be used in accounting? Why? |
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ACC 421 Week 5 Individual Assignment |
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ACC 421 Week 5 Learning Team Assignments From the Text Resource: Intermediate Accounting
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ACC 421 Week 5 Summary
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