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Devry Acct 301 Week 1 to Week 7 Discussion Questions

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ACCT 301 Week 1 To Week 7 Discussion Questions
Week 2 DQ 1. Internal Control - Describe what you think is the most important control activity that a company can implement. Why do you think that the one you chose is the most important?
Week 2 DQ 2. Fraud - Describe one of the three elements that are present when fraud occurs. Of the three elements, which do you think is present first in an ethical situation?
Week 3 DQ 1 Horizontal and Vertical Analysis - Go to Yahoo! Finance at the following URL http://finance.yahoo.com/. Enter the name of your favorite public company in the box in the upper left-hand corner, and click on Get Quotes. Click on the income statement or balance in the bottom left-hand corner of your favorite company. Perform a horizontal or vertical analysis of one of the line items on its income statement or balance sheet. What does this information tell you?
Week 3 DQ 2 Ratio Analysis - Go to Yahoo! Finance at the following URL http://finance.yahoo.com/. Enter the name of your favorite public company in the box in the upper left-hand corner, and click on Get Quotes. Explore the information given for your favorite company by clicking on the links on the left-hand side of the screen. What information do you find interesting?
Week 4 DQ 1 Managerial Accounting - This week, we are shifting our focus from financial accounting to managerial accounting. How do the content and verification of the reports differ between managerial and financial accounting?
Week 4 DQ 2 - What is CVP analysis? How is it useful to managers?
Week 5 DQ 1 Incremental Analysis - What is incremental analysis? How is it used by management?
Week 5 DQ 2 Relevant Costs - Our lecture states that relevant costs can also be viewed as avoidable costs. What does this mean? This is a very difficult...

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