Acc 557 Week 2 Discussion Acc557 Week 2 Discussion Essay

1027 Words Oct 2nd, 2015 5 Pages
ACC 557 Complete Course
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ACC 557 Week 1 Discussion
"General Accounting Principles" Please respond to the following: * “Bookkeeping and accounting are the same.” In terms of your role in the provision of financial services, present data to support the accuracy of this statement and support your position. * Analyze the accounting equation as a concept that underpins the work of professional accountants and how an understanding of the equation can impact business decision making.

ACC 557 Week 2 Discussion
"Accounting for a Specific Circumstance"
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* Inventory control requires constant attention. Propose a set of guidelines that reflect the necessary monitoring controls for three distinct types of business (e.g., a shoe retailer, a physician’s office, and a food vending truck) to minimize loss and waste. Indicate how each control will minimize risk of inventory loss.

ACC 557 Week 5 Discussion
"Internal Controls and Receivables" Please respond to the following: * From the e-Activity, analyze the situation from the company you selected and the internal controls that may have been compromised to allow the problem to occur and the resulting financial impact to the business. Propose a plan to prevent this type of situation in the future. * Assess the external and internal factors that influence credit policy and decision making within a company that extends credit to its customer when providing a good or service on account. Indicate the factor of most significance in today’s business environment. Provide support for your rationale.

ACC 557 Week 6 Discussion
"Information Protection and Privacy" Please respond to the following: * Based on the e-Activity, evaluate the circumstances that contributed to the privacy violation, the consequence to the company to the breach,

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