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ACC 422 NERD Teaching Resources / acc422nerd.com

ACC 422 NERD is a truly special teacher is very wise and sees tomorrow in every student’s eyes

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ACC 422 NERD Teaching Resources / acc422nerd.com

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  1. ACC 422 NERD Teaching Resources / acc422nerd.com

  2. ACC 422 NERD Teaching Resources ACC 422 Final Exam Guide 1 FOR MORE CLASSES VISIT www.acc422nerd.com 1. Kraft Enterprises owns the following assets at December 31, 2012. Cash in bank–savings account 67,516 Checking account balance 26,445 Cash on hand 9,478

  3. ACC 422 NERD Teaching Resources ACC 422 Final Exam Guide 2 FOR MORE CLASSES VISIT www.acc422nerd.com SET 2 1) Which of the following is considered cash? 2) Bank overdrafts, if material, should be 3) Which of the following is NOT considered cash for financial reporting purposes?

  4. ACC 422 NERD Teaching Resources ACC 422 Final Exam Guide 3 FOR MORE CLASSES VISIT www.acc422nerd.com SET 3 1) Which of the following is NOT considered cash for financial reporting purposes? 2) What is the preferable presentation of accounts receivable from officers, employees

  5. ACC 422 NERD Teaching Resources ACC 422 Final Exam Guide All 3 Sets FOR MORE CLASSES VISIT www.acc422nerd.com Details of All 180 Questions Given Below SET 1 1. Kraft Enterprises owns the following assets at December 31, 2012. Cash in bank–savings account 67,516

  6. ACC 422 NERD Teaching Resources ACC 422 Week 1 DQ 1 FOR MORE CLASSES VISIT www.acc422nerd.com Consider how an organization must manage cash, receivables, and inventory. Which of the three variables is the most important

  7. ACC 422 NERD Teaching Resources ACC 422 Week 1 DQ 2 FOR MORE CLASSES VISIT www.acc422nerd.com What is the perpetual method of tracking inventory? How does it differ from the periodic method of tracking inventory? Why would a company choose one method over the other method? Which is the best method? Why?

  8. ACC 422 NERD Teaching Resources ACC 422 Week 1 DQ 3 FOR MORE CLASSES VISIT www.acc422nerd.com What are the different ways to estimate bad debt? How does this affect net income?

  9. ACC 422 NERD Teaching Resources ACC 422 Week 1 Individual Assignment Disclosure Analysis Paper (2 Papers) FOR MORE CLASSES VISIT www.acc422nerd.com This Tutorial contains 2 Papers Resource: Internet Select a publicly held company to use as the basis for this assignment.

  10. ACC 422 NERD Teaching Resources ACC 422 Week 1 Team Assignment Audited Financial Statements (Nordstrom Inc.) FOR MORE CLASSES VISIT www.acc422nerd.com Each team is assigned a publically traded company that they will use to answer the questions in the Financial Scavenger Hunt assigned each week.

  11. ACC 422 NERD Teaching Resources ACC 422 Week 1 Wileyplus BE 7-1, BE 7-7, Ex 7-4, Ex 7-9, Ex 7-22, Ex 7-24, CA 7-2, Pr 7-4 (with Excel File) FOR MORE CLASSES VISIT www.acc422nerd.com This Tutorial contains Excel File which can be used to solve for any values Complete the following assignments in WileyPLUS: • Brief Exercise 7-1 • Brief Exercise 7-7 •

  12. ACC 422 NERD Teaching Resources ACC 422 Week 2 DQ 1 FOR MORE CLASSES VISIT www.acc422nerd.com Under what circumstances would a company need to estimate its inventory?

  13. ACC 422 NERD Teaching Resources ACC 422 Week 2 DQ 2 FOR MORE CLASSES VISIT www.acc422nerd.com What are the criteria for capitalization of fixed assets? What items are included in the cost of a fixed asset?

  14. ACC 422 NERD Teaching Resources ACC 422 Week 2 DQ 3 FOR MORE CLASSES VISIT www.acc422nerd.com How do we account for the disposition of fixed assets? What are the differences in how the exchanges of assets are handled, pending on whether they are similar or dissimilar?

  15. ACC 422 NERD Teaching Resources ACC 422 Week 2 Wileyplus Ex 8-2, Ex 8-9, Ex 8-12, Ex 9-2, Ex 9-7, Ex 9-17, Ex 9-18, Ex 9-20, Ex 9-22 (with Excel File) FOR MORE CLASSES VISIT www.acc422nerd.com This Tutorial contains Excel File which can be used to solve for any values Complete the following assignments i

  16. ACC 422 NERD Teaching Resources ACC 422 Week 3 DQ 1 FOR MORE CLASSES VISIT www.acc422nerd.com What is the purpose of depreciation? Does the book value of a fixed asset (cost minus accumulated depreciation) communicate to a user what the asset is worth? Explain why or why not.

  17. ACC 422 NERD Teaching Resources ACC 422 Week 3 DQ 2 FOR MORE CLASSES VISIT www.acc422nerd.com What are the different methods used to calculate depreciation? How does a company decide which method it should utilize?

  18. ACC 422 NERD Teaching Resources ACC 422 Week 3 DQ 3 FOR MORE CLASSES VISIT www.acc422nerd.com What is an intangible asset? Should all intangible assets be subject to amortization? Explain why or why not. Why are some intangible assets not amortized?

  19. ACC 422 NERD Teaching Resources ACC 422 Week 4 DQ 1 FOR MORE CLASSES VISIT www.acc422nerd.com What are the criteria for classifying an item as a current liability? What are some examples of current liabilities? Why is it important to classify a portion of long-term debt on a yearly basis as a current liability?

  20. ACC 422 NERD Teaching Resources ACC 422 Week 4 DQ 2 FOR MORE CLASSES VISIT www.acc422nerd.com What is a contingency? Why are contingencies important to users of financial statements? What are the criteria for recording contingencies?

  21. ACC 422 NERD Teaching Resources ACC 422 Week 4 DQ 3 FOR MORE CLASSES VISIT www.acc422nerd.com What is a bond? What are some features of a bond? How do you value bonds? What factors can affect that value?

  22. ACC 422 NERD Teaching Resources ACC 422 Week 4 Team Assignment Financial Scavenger Hunt #3 FOR MORE CLASSES VISIT www.acc422nerd.com Review the financial statements, including any notes and supplemental information, and answer the following questions. Indicate where you found the answer to the questions.

  23. ACC 422 NERD Teaching Resources ACC 422 Week 5 DQ 1 FOR MORE CLASSES VISIT www.acc422nerd.com What are the differences between a direct-financing and a sales-type lease for a lessor?

  24. ACC 422 NERD Teaching Resources ACC 422 Week 5 DQ 2 FOR MORE CLASSES VISIT www.acc422nerd.com What are the criteria for classifying a lease as operating or capital? Why is there a difference between the two?

  25. ACC 422 NERD Teaching Resources ACC 422 Week 5 DQ 3 FOR MORE CLASSES VISIT www.acc422nerd.com What is residual value? What is the implication to the lessee if the residual value is guaranteed or unguaranteed?

  26. ACC 422 NERD Teaching Resources ACC 422 Week 5 DQ 4 FOR MORE CLASSES VISIT www.acc422nerd.com Week 5 – DQ 4 What are the advantages of operating and capital leases? What are the disadvantages? Why would a company pick one over the other?

  27. ACC 422 NERD Teaching Resources ACC 422 Week 5 Learning Team Problem Presentation FOR MORE CLASSES VISIT www.acc422nerd.com Collaborate as a team to provide written responses to a facilitator-assigned problem. Prepare a 5- to 10-minute oral presentation accompanied by a 7- to 9-slide Microsoft® PowerPoint® presentation illustrating your team’s solution to the assigned problem.

  28. ACC 422 NERD Teaching Resources / acc422nerd.com

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