ACC 400 Complete Class Guide

ACC 400 Complete Class Guide

ACC 400 Complete Class

ACC 400 Complete Class

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ACC 400 Week 1 DQ 1
What is a current asset? What is a noncurrent asset? What is the difference between the two types of assets? In which financial statement would you find these assets? Can you have a company with only current or noncurrent assets? Give an example.
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ACC 400 Week 1 DQ 2
What is an example of a significant accounting estimate? What is the importance of these estimates? How do ethics play into the decision-making process with regards to estimates? Which financial statements include significant accounting estimates? Why?
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ACC 400 Week 1 DQ 3
What are internal controls? Why do companies need them? What are some examples of internal controls? Who is responsible for developing internal controls? Have you had any experiences developing internal controls? Explain.
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ACC 400 Week 1 Individual Current and Noncurrent Assets Paper
 
Prepare a 700- to 1,050-word paper comparing and contrasting current and noncurrent assets. In your paper, address the following:
 
·         What are current assets?
·         What are noncurrent assets?
·         What differs between current and noncurrent assets?
·         What is the order of liquidity?
·         How does the order of liquidity apply to the balance sheet?
 
Format your paper...

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