ACC 400 Complete Homework
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ACC 400 Week 1 DQ 1
What is a current asset? What is a non-current asset? What is the difference between the two types of assets? In which financial statement would you find these assets?
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? Which financial statements include significant accounting estimates? Why?
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? What are some limitations of internal controls?
ACC 400 Week 1 DQ 4
What are intangible assets? How does a business obtain intangible assets? What is goodwill? Why would a business have an account for goodwill?
ACC 400 Week 1 E-text Individual Assignments – Problem Set P7-3B & Exercise E9.4 & Exercise 9.8
ACC 400 Week 1 Summary
ACC 400 Week 2 Description
ACC 400 Week 2 DQ 1
Explain what a current liability is and identify the major types of current liabilities. Explain what a long term liability is and provide examples. In which financial statement would you find these liabilities?
ACC 400 Week 2 DQ 2
What are the types of equity accounts? What is the role of equity accounts in raising capital? Under what circumstances would you not pay a dividend? Under what circumstances would you pay a dividend?
ACC 400 Week 2 DQ 3
Identify and discuss the major characteristics of a corporation, including the advantages and disadvantages of being a corporation.
ACC 400 Week 2 E-text Individual Assignments – Chapter 8 Questions 3 and 4, Exercise E8-5 & Exercise E9.9