ACC 422 Complete Course ACC422 Complete Course

ACC 422 Complete Course ACC422 Complete Course

ACC 422 Complete Course ACC422 Complete Course
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ACC 422 WEEK 1 DQ 1

Week 1 – DQ 1
Consider how an organization must manage cash, receivables, and inventory. Which of the three variables is the most important to manage? Is one more susceptible to fraud and errors than the others? Explain your answer.
How would a misstatement in each affect the organization?
ACC 422 WEEK 1 DQ 2

Week 1 – DQ 2
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?
ACC 422 WEEK 1 DQ 3

Week 1 – DQ 3
What are the different ways to estimate bad debt?
How does this affect net income?
What does Generally Accepted Accounting Principles (GAAP) require? Why?
Should all companies have bad debt? Explain your answer.

Post a 150 words summary what you have learned this week

Resource: Internet 
Select a publicly held company to use as the basis for this assignment.
Research your selected company and acquire the company’s most recent financial statements using the Internet 
Prepare a 700- to 1,050-word paper analyzing the disclosures contained within the notes to the financial statements related to cash and cash equivalents, receivables, and inventories. Include a list identifying the components of the organization’s cash and cash equivalents.
Format your paper consistent with APA guidelines.
ACC 422 WEEK 2 DQ 1

Week 2 – DQ 1
Under what circumstances would a company need to estimate its inventory?
What are the differences between using the gross profit method and retail inventory method for estimating inventory?
Which method of...

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