ACC 306 Entire Course (Ash 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
ACC 306 Week 3 Ethics Case 17-6
ACC 306 Week 3 Integrating Case 16-5
ACC 306 Week 4 Communication Case 18-10
ACC 306 Week 4 Ethics Case 19-7
ACC 306 Week 4 Assignment E 18-18, E 18-24, E 19-2, E 19-5, E 19-9, E 19-24, P 18-5
ACC 306 Week 5 Analysis Case 20-10
ACC 306 Week 5 Ethics Case 20-5
ACC 306 Week 5 Ethics Case 21-7
ACC 306 Week 5 Assignment E 20-18, P 21-11, P 21-14
ACC 306 Week 5 Final Paper (Lease)
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ACC 306 Week 3 Ethics Case 17-6 (Ash Course)
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Ethics Case 17–6 - VXI International - 401(k) plan contributions ● LO1
You are in your third year as internal auditor with VXI International, manufacturer of parts and supplies for jet air- craft. VXI began a defined contribution pension plan three years ago. The plan is a so-called 401(k) plan (named after the Tax Code section that specifies the conditions for the favorable tax treatment of these plans) that permits voluntary contributions by employees. Employees’ contributions are matched with one dollar of employer contribution for every two dollars of employee contribution. Approximately $500,000 of contributions is deducted from employee paychecks each month for investment in one of three employer-sponsored mutual funds.
While performing some preliminary audit tests, you happen to notice that employee contributions to these plans usually do not show up on mutual fund statements for up to two months following the end of pay periods from which...