Acc 400 (Accounting for Decision Making) Uop Class Material

ACC 400 (Accounting for Decision Making) UOP Class Material

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ACC 400 (Accounting for Decision Making) Complete Class   All Individual and Team Assignments, DQs and   Summaries
Week 1 :

ACC 400 Week 1 E-text Individual Assignments – Problem Set P7-3B &   E9.4 & 9.8
Individual Assignments – Problem Set P7-3B &   E9.4 & 9.8
Discussion Questions
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?
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?
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?

Week 2:

ACC 400 Week 2 E-text Individual Assignments – Chapter 8 Questions 3 and 4, Exercise E8-5 & E9.9
Resources: Financial Accounting: Tools for Business Decision Making
Prepare responses to the following assignment from the e-text:
Ch. 8: Questions 3 & 4
Ch. 8: Exercise E8-5
Resources: Financial and Managerial Accounting: The Basis for Business Decisions
Prepare responses to the following assignment from the e-text:
Ch. 9: Exercise E9-9

ACC 400 Week 2 Team Assignment-Text Assignments Exercise E7-2 & Problem Set B P7-2B

Resources: Financial Accounting: Tools for Business Decision Making
Prepare responses to the following assignment from the e-text:
Ch. 7: Exercise E7-2 and Problem Set B: P7-2B
Discussion Questions
Explain what a current liability is and identify the major types of current liabilities. Explain what a long term liability is and provide...