1. ACC 422 Competitive Success-- snaptutorial.com

2. ACC 422 Entire Course For more classes visit www.snaptutorial.com ACC 422 Week 1 DQ 1 ACC 422 Week 1 DQ 2 ACC 422 Week 1 DQ 3 ACC 422 Week 1 Individual Assignment Disclosure Analysis Paper (2 Papers) ACC 422 Week 1 CPA Practice Exam ACC 422 Week 1 Team Assignment Audited Financial Statements (Nordstrom Inc.)

3. ACC 422 Competitive Success-- snaptutorial.com ACC 422 Final Exam Guide 1 For more classes visit www.snaptutorial.com 1. Kraft Enterprises owns the following assets at December 31, 2012. Cash in bank–savings account 67,516 Checking account balance 26,445

4. ACC 422 Competitive Success-- snaptutorial.com ACC 422 Final Exam Guide 2 For more classes visit www.snaptutorial.com SET 2 1) Which of the following is considered cash? 2) Bank overdrafts, if material, should be 3) Which of the following is NOT considered cash for financial reporting purposes?

5. ACC 422 Competitive Success-- snaptutorial.com ACC 422 Final Exam Guide 3 For more classes visit www.snaptutorial.com SET 3 1) Which of the following is NOT considered cash for financial reporting purposes? 2) What is the preferable presentation of accounts receivable from officers, employees, or affiliated companies on a balance sheet?

6. ACC 422 Competitive Success-- snaptutorial.com ACC 422 Final Exam Guide All 3 Sets For more classes visit www.snaptutorial.com Details of All 180 Questions Given Below SET 1 1. Kraft Enterprises owns the following assets at December 31, 2012. Cash in bank–savings account 67,516 Checking account balance 26,445 Cash on hand 9,478 Postdated checks 753 Cash refund due from IRS 40,324 Certificates of deposit (180-day) 94,754 What amount should be reported as cash?

7. ACC 422 Competitive Success-- snaptutorial.com ACC 422 Week 1 CPA Practice Exam For more classes visit www.snaptutorial.com 1. What amount should Herc report as inventory in its December 31, 2005, balance sheet? 2. What dollar-value LIFO inventory cost would be reported in Cobb's December 31, 2006, balance sheet? 3. Garson Co. recorded goods in transit purchased FOB shipping point at year-end as purchases. The goods were excluded from the ending inventory. What effect does the omission have on Garson's assets and retained earnings at year end?

8. ACC 422 Competitive Success-- snaptutorial.com ACC 422 Week 1 DQ 1 For more classes visit www.snaptutorial.com 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?

9. ACC 422 Competitive Success-- snaptutorial.com ACC 422 Week 1 DQ 2 For more classes visit www.snaptutorial.com 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?

10. ACC 422 Competitive Success-- snaptutorial.com ACC 422 Week 1 DQ 3 For more classes visit www.snaptutorial.com 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.

11. ACC 422 Competitive Success-- snaptutorial.com ACC 422 Week 1 Individual Assignment Disclosure Analysis Paper (2 Papers) For more classes visit www.snaptutorial.com This Tutorial contains 2 Papers Resource: Internet Select a publicly held company to use as the basis for this assignment.

12. ACC 422 Competitive Success-- snaptutorial.com ACC 422 Week 1 Individual Assignment Disclosure Analysis Paper For more classes visit www.snaptutorial.com Resource: Internet Select a publicly held company to use as the basis for this assignment.

13. ACC 422 Competitive Success-- snaptutorial.com ACC 422 Week 1 Individual WileyPlus Assignment (Exercise 7-2, 7-4, 7-8, 7-9, 7-13, 7-16, 8-3, 8-13) 100% Score For more classes visit www.snaptutorial.com Complete the following Week 1 Assignment in WileyPLUS: Exercise 7-2 Exercise 7-4 Exercise 7-8 Exercise 7-9

14. ACC 422 Competitive Success-- snaptutorial.com ACC 422 Week 1 Summary For more classes visit www.snaptutorial.com Post a 150 words summary what you have learned this week

15. ACC 422 Competitive Success-- snaptutorial.com ACC 422 Week 1 Team Assignment Audited Financial Statements (Nordstrom Inc.) For more classes visit www.snaptutorial.com Each team is assigned a publically traded company that they will use to answer the questions in the Financial Scavenger Hunt assigned each week. Team A: Nordstrom Inc. Team B: Macy's Inc.

16. ACC 422 Competitive Success-- snaptutorial.com ACC 422 Week 2 CPA Practice Exam For more classes visit www.snaptutorial.com 1. On June 18, 2005, Dell Printing Co. incurred the following costs for one of its printing presses: 2. The overhaul resulted in a significant increase in production. Neither the attachment nor the overhaul increased the estimated useful life of the press. What amount of the above costs should be capitalized?

17. ACC 422 Competitive Success-- snaptutorial.com ACC 422 Week 2 DQ 1 For more classes visit www.snaptutorial.com 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 estimation, gross profit or retail inventory, is best? Explain your answer.

18. ACC 422 Competitive Success-- snaptutorial.com ACC 422 Week 2 DQ 2 For more classes visit www.snaptutorial.com Week 2 – DQ 2 What are the criteria for capitalization of fixed assets? What items are included in the cost of a fixed asset? Should interest be included in the cost of a fixed asset? Explain why or why not.

19. ACC 422 Competitive Success-- snaptutorial.com ACC 422 Week 2 DQ 3 For more classes visit www.snaptutorial.com Week 2 – DQ 3 How do we account for the disposition of fixed assets? What are the differences in how the exchanges of assets are handled, pending on whether they are similar or dissimilar? What is the rationale for these differences?

20. ACC 422 Competitive Success-- snaptutorial.com ACC 422 Week 2 Individual Assignment E7-2, E7-8,Q13,E8-5 And E8-14 For more classes visit www.snaptutorial.com Resource: Intermediate Accounting Prepare written responses to the following assignments from the text:

21. ACC 422 Competitive Success-- snaptutorial.com ACC 422 Week 2 Individual WileyPlus Assignment (Exercise 9-3, 9- 12, 9-19, 10-2, 10-23, 10-24) For more classes visit www.snaptutorial.com Complete the following Week Two Assignment in WileyPLUS: Exercise 9-3 Exercise 9-12 Exercise 9-19 Exercise 10-2

22. ACC 422 Competitive Success-- snaptutorial.com ACC 422 Week 2 Learning Team Assignment From The Text P7-10 And E8-25 For more classes visit www.snaptutorial.com Resource: Intermediate Accounting Prepare written responses to the following assignments from the text: · Ch. 7: Problem P7-10 Ch. 8: Exercise E8-25

23. ACC 422 Competitive Success-- snaptutorial.com ACC 422 Week 2 Summary For more classes visit www.snaptutorial.com Post a 150 words summary what you have learned this week

24. ACC 422 Competitive Success-- snaptutorial.com ACC 422 Week 2 Team Assignment Textbook Problems (P7-1, P7-2, P8-4) 100% Score For more classes visit www.snaptutorial.com Prepare written responses to the following assignments from Ch. 7 & 8 of Intermediate Accounting: Problem 7-1 Problem 7-2 Problem 8-4 Click the Assignment Files tab to submit your assignment.

25. ACC 422 Competitive Success-- snaptutorial.com ACC 422 Week 3 CPA Practice Exam For more classes visit www.snaptutorial.com 1. Alta Co. spent $400,000 during the current year developing a new idea for a product that was patented during the year. The legal cost of applying for a patent license was $40,000. Also, $50,000 was spent to successfully defend the rights of the patent against a competitor. The patent has a life of 20 years. Under U.S. GAAP, what amount should Alta capitalize related to the patent?

26. ACC 422 Competitive Success-- snaptutorial.com ACC 422 Week 3 DQ 1 For more classes visit www.snaptutorial.com Week 3 – DQ 1 What is the purpose of depreciation? Does the book value of a fixed asset (cost minus accumulated depreciation) communicate to a user what the asset is worth? Explain why or why not. Should the financial statements reflect the value of fixed assets? Explain why or why not.

27. ACC 422 Competitive Success-- snaptutorial.com ACC 422 Week 3 DQ 2 For more classes visit www.snaptutorial.com Week 3 – DQ 2 What are the different methods used to calculate depreciation? How does a company decide which method it should utilize? How does its choice affect the financial statements? Should companies standardize the method of depreciation to enhance comparability? Explain your answer.

28. ACC 422 Competitive Success-- snaptutorial.com ACC 422 Week 3 DQ 3 For more classes visit www.snaptutorial.com Week 3 – DQ 3 What is an intangible asset? Should all intangible assets be subject to amortization? Explain why or why not. Why are some intangible assets not amortized? What is the implication to the financial statements?

29. ACC 422 Competitive Success-- snaptutorial.com ACC 422 Week 3 DQ 4 For more classes visit www.snaptutorial.com ACC 422 Week 3 DQ 4

30. ACC 422 Competitive Success-- snaptutorial.com ACC 422 Week 3 Individual Assignment From the Text E9-1,E9- 12,E9-19,E10-5 And E10-12 For more classes visit www.snaptutorial.com Resource: Intermediate Accounting Prepare written responses to the following assignments from the text: · Ch. 9: Exorcices E9-1, E9-12, & E9-19

31. ACC 422 Competitive Success-- snaptutorial.com ACC 422 Week 3 Individual WileyPlus Assignment Exercise 11-6, 11- 9, 11-21, 12-1, 12-6, 12-8, 12-17 For more classes visit www.snaptutorial.com Complete the following Week Three Assignment in WileyPLUS: Exercise 11-6 Exercise 11-9 Exercise 11-21 Exercise 12-1 Exercise 12-6

32. ACC 422 Competitive Success-- snaptutorial.com ACC 422 Week 3 Learning Team Assignment From The Text P9-9 And P10-8 For more classes visit www.snaptutorial.com Resource: Intermediate Accounting Prepare written responses to the following assignments from the text:

33. ACC 422 Competitive Success-- snaptutorial.com ACC 422 Week 3 Summary For more classes visit www.snaptutorial.com Post a 150 words summary what you have learned this week

34. ACC 422 Competitive Success-- snaptutorial.com ACC 422 Week 3 Team Assignment Textbook Problems (P9-2, P9-4, P10-3, P10-4) 100% Score For more classes visit www.snaptutorial.com Prepare written responses to the following assignments from Ch. 9 & 10 of Intermediate Accounting: Problem 9-2 Problem 9-4 Problem 10-3 Problem 10-4 Click the Assignment Files tab to submit your assignment.

35. ACC 422 Competitive Success-- snaptutorial.com ACC 422 Week 4 CPA Practice Exam For more classes visit www.snaptutorial.com 1. On September 30, World Co. borrowed $1,000,000 on a 9% note payable. World paid the first of four quarterly payments of $264,200 when due on December 30. In its December 31, balance sheet, what amount should World report as note payable?

36. ACC 422 Competitive Success-- snaptutorial.com ACC 422 Week 4 DQ 1 For more classes visit www.snaptutorial.com Week 4 – DQ 1 What are the criteria for classifying an item as a current liability? What are some examples of current liabilities? Why is it important to classify a portion of long-term debt on a yearly basis as a current liability? What is the implication of misclassifying a liability as current or long- term?

37. ACC 422 Competitive Success-- snaptutorial.com ACC 422 Week 4 DQ 2 For more classes visit www.snaptutorial.com eek 4 – DQ 2 What is a contingency? Why are contingencies important to users of financial statements? What are the criteria for recording contingencies? Should companies record a liability for threatened litigation? Explain why or why not.

38. ACC 422 Competitive Success-- snaptutorial.com ACC 422 Week 4 DQ 3 For more classes visit www.snaptutorial.com Week 4 – DQ 3 What is a bond? What are some features of a bond? How do you value bonds? What factors can affect that value?

39. ACC 422 Competitive Success-- snaptutorial.com ACC 422 Week 4 Individual Assignment From The Text E11-4,E11- 11,E12-6 And E12-16 For more classes visit www.snaptutorial.com Resource: Intermediate Accounting Prepare written responses to the following assignments from the text: · Ch. 11: Exercises E11-4 & E11-11 · Ch. 12: Exercises E12-6 & E12-16

40. ACC 422 Competitive Success-- snaptutorial.com ACC 422 Week 4 Individual Wileyplus Assignment Exercise 13-1, 13- 3, 13-5, 13-8, 13-11, 14-4, 14-13 For more classes visit www.snaptutorial.com Resource: WileyPLUS Complete the following Week Four Assignment in WileyPLUS: Exercise 13-1 Exercise 13-3 Exercise 13-5

41. ACC 422 Competitive Success-- snaptutorial.com ACC 422 Week 4 Learning Team Assignment From The Text E11- 18,P11-10 And P12-3 For more classes visit www.snaptutorial.com Resource: Intermediate Accounting Prepare written responses to the following assignments from the text: · Ch. 11: Exercise E11-18 & Problem P11-10 Ch. 12: Problem P12-3

42. ACC 422 Competitive Success-- snaptutorial.com