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ACC 544 EDU Empowering Inspiring/acc544edu.com

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Presentation on theme: "ACC 544 EDU Empowering Inspiring/acc544edu.com"— Presentation transcript:

1 ACC 544 EDU Empowering Inspiring/acc544edu.com

2 ACC 544 EDU Empowering Inspiring/acc544edu.com
ACC 544 Quiz 1 FOR MORE CLASSES VISIT • Question Imperial Corp. is offering $450,000 of its securities under Rule 504 of Regulation D of the Securities Act of Under Rule 504, Imperial is required to • Question A $10,000,000 offering of corporate stock intended to be made pursuant to the provisions of Rule 506 of Regulation D of the Securities Act of 1933 would not be exempt under Rule 506 if • Question Under Section 12 of the Securities Exchange Act of 1934, in addition to companies whose securities are traded on a national exchange, what class of companies is subject to the SEC’s continuous disclosure system?

3 ACC 544 EDU Empowering Inspiring/acc544edu.com
ACC 544 Quiz 2 FOR MORE CLASSES VISIT • Question 1 Mead Corp. orally engaged Dex & Co., CPAs, to audit its financial statements. The management of Mead informed Dex that it suspected that the accounts receivable were materially overstated. Although the financial statements audited by Dex did, in fact, include a materially overstated accounts receivable balance, Dex issued an unqualified opinion. Mead relied on the financial statements

4 ACC 544 EDU Empowering Inspiring/acc544edu.com
ACC 544 Quiz 3 FOR MORE CLASSES VISIT • Question 1 Which of the following statements about investment decision models is true? • Question 2 Which of the following events would decrease the internal rate of return of a proposed asset purchase? • Question 3 Which of the following is a disadvantage of the internal rate of return as a method of evaluating investments?

5 ACC 544 EDU Empowering Inspiring/acc544edu.com
ACC 544 Quiz 4 FOR MORE CLASSES VISIT • Question 1 Central Winery manufactured two products, A and B. Estimated demand for product A was 10,000 bottles and for product B was 30,000 bottles. The estimated sales price per bottle for A was $6.00 and for B was $8.00. Actual demand for product A was 8,000 bottles and for product B was 33,000

6 ACC 544 Week 1 Coso Framework (2 Papers)
ACC 544 EDU Empowering Inspiring/acc544edu.com ACC 544 Week 1 Coso Framework (2 Papers) FOR MORE CLASSES VISIT This Tutorial contains 2 Papers Imagine you are the Director of Internal Audit and the Chairman of the Audit Committee and asks you to prepare a report for the Board of Directors explaining the 2012 COSO framework for internal control and the benefits for adopting the framework. Write a report of approximately 700 to 1,050 words explaining the five interrelated components of

7 ACC 544 Week 2 Risk Assessment (2 Papers)
ACC 544 EDU Empowering Inspiring/acc544edu.com ACC 544 Week 2 Risk Assessment (2 Papers) FOR MORE CLASSES VISIT This Tutorial contains 2 Papers The Chief Risk Officer has asked you to perform an enterprise-wide risk assessment. · Write a proposal of approximately 700 to 1,050 words that shows your plan for the risk assessment project. · Identify risk areas and the criteria to be used to determine likelihood, magnitude, velocity, and persistence.

8 ACC 544 Week 3 Quiz Federal Securities
ACC 544 EDU Empowering Inspiring/acc544edu.com ACC 544 Week 3 Quiz Federal Securities FOR MORE CLASSES VISIT • Question 1 Imperial Corp. is offering $450,000 of its securities under Rule 504 of Regulation D of the Securities Act of Under Rule 504, Imperial is required to • Question 2 A $10,000,000 offering of corporate stock intended to be made pursuant to the provisions of Rule 506 of Regulation D of the Securities Act of 1933 would not be exempt under Rule

9 ACC 544 Week 3 Team Developing Internal Controls (2 Papers)
ACC 544 EDU Empowering Inspiring/acc544edu.com ACC 544 Week 3 Team Developing Internal Controls (2 Papers) FOR MORE CLASSES VISIT This Tutorial contains 2 Papers ACC 544 Week 3 Team Developing Internal Controls

10 ACC 544 EDU Empowering Inspiring/acc544edu.com
ACC 544 Week 4 Team Internal Control for purchases, payroll and Fixed Assets (2 Papers) FOR MORE CLASSES VISIT This Tutorial contains 2 Papers Include specific internal controls that include authorization of transactions, segregation of duties, adequate records and documentation, security of assets, and independent checks and reconciliation for each business area. The CFO, has again, asked for your assistance in developing internal controls, but this time, in the purchases, payroll, and fixed assets business areas. Write a report of approximately 1,400 to 2,450 words. · Describe typical activities

11 ACC 544 Week 5 Team Asset Governance (2 Papers)
ACC 544 EDU Empowering Inspiring/acc544edu.com ACC 544 Week 5 Team Asset Governance (2 Papers) FOR MORE CLASSES VISIT This Tutorial contains 2 Papers ACC 544 Week 5 Team Asset Governance

12 ACC 544 Week 6 Evaluating Internal Controls (2 Papers)
ACC 544 EDU Empowering Inspiring/acc544edu.com ACC 544 Week 6 Evaluating Internal Controls (2 Papers) FOR MORE CLASSES VISIT This Tutorial contains 2 Papers You have been hired to evaluate internal controls for your client organization. The CFO for your client wants a report outlining the evaluation to share with the Board of Directors. · Evaluate the criteria to identify and report identified control deficiencies · Analyze the reporting requirements for both public and private organizations. · Paper provides sufficient background on the topic and previews major points.

13 ACC 544 Week 6 Quiz (Auditing)
ACC 544 EDU Empowering Inspiring/acc544edu.com ACC 544 Week 6 Quiz (Auditing) FOR MORE CLASSES VISIT • Question 1 Which of the following statements most likely represents a disadvantage for an entity that keeps microcomputer-prepared data files rather than manually prepared files? • Question 2 A primary advantage of using generalized audit packages in the audit of an advanced

14 ACC 544 Week 6 Quiz (Internal Controls)
ACC 544 EDU Empowering Inspiring/acc544edu.com ACC 544 Week 6 Quiz (Internal Controls) FOR MORE CLASSES VISIT • Question 1 Which of the following payroll control activities would most effectively ensure that payment is made only for work performed? • Question 2 Effective internal control over the payroll function would include which of the following? • Question 3 One of the auditor’s objectives in observing the actual distribution of payroll checks is to determine that every name on the payroll is that of a bona fide employee.

15 ACC 544 EDU Empowering Inspiring/acc544edu.com


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