ACC 306 Entire Course
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ACC 306 Week 1 Assignment E13-21, E13-22, P12-1, P12-7,P12-10, P12-14, P13-6
ACC 306 Week 1 DQ 1 Equity Method
ACC 306 Week 1 DQ 2 Judgment Case 13-9
ACC 306 Week 2 DQ 1 Ethics Case 14-8 Hunt Manufacturing
ACC 306 Week 2 DQ 2 Ethics Case 15-4
ACC 306 Week 3 Assignment E 16-24, E 16-25, E 17-10, E 17-19, P 16-7, P 17-16
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ACC 306 Week 1 DQ 2 Judgment Case 13-9
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Judgment Case 13–9 – Valleck Corporation – Loss contingency and full disclosure ● LO5 LO6
In the March 2012 meeting of Valleck Corporation’s board of directors, a question arose as to the way a possible obligation should be disclosed in the forthcoming financial statements for the year ended December 31. A veteran board member brought to the meeting a draft of a disclosure note that had been prepared by the controller’s office for inclusion in the annual report. Here is the note:
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ACC 306 Week 2 DQ 2 Ethics Case 15-4
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Ethics Case 15–4 – American Movieplex – Leasehold improvements ● LO3
American Movieplex, a large movie theater chain, leases most of its theater facilities. In conjunction with recent operating leases, the company spent $28 million for seats and carpeting. The question being discussed over break- fast on Wednesday morning was the length of the depreciation period for these leasehold improvements. The com- pany controller, Sarah Keene, was surprised by the suggestion of Larry Person, her new assistant....