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Acc 290 Final Exam Guide (NEW)

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Complete the Economics for Managerial Decision Making: Cost and Revenue Curves simulation located on your student website. How might you apply the principles presented in the simulation more effectively in your future business decisions? How do these decisions relate to your business when you are dealing with different states’ cost structures?

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ACC 290 WEEK 1 PRACTICE QUIZ (NEW)

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Question 1

Current assets are expected to be converted to cash or consumed within the next year or the normal operating cycle, whichever is longer.

Current assets are economic resources that are expected to be converted to cash or used up by the business within one year or the normal operating cycle, whichever is shorter.

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ACC 290 WEEK 1 VOCABULARY ACTIVITY (NEW)

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WileyPLUS Assignment: Week 1 Vocabulary Activity

Resource: WileyPLUS

Complete the following Week 1 Assignment in WileyPLUS:

• Chapter 1 WileyPLUS Crossword Puzzle 1

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ACC 290 WEEK 1 WILEYPLUS ASSIGNMENT DI1-3, E1-3,E1-4, E2-4, IFRS2-4 (NEW)

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WileyPLUS Assignment: Week 1 Assignment

Resource: WileyPLUS

Complete the following Week 1 Assignment in WileyPLUS:

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ACC 290 WEEK 2 LT REFLECTION SUMMARY (NEW)

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Discuss the objectives for ACC 290 Week Two.

What do you think will be the most important of the skills learned when you are in an accounting position?

Differentiate between accrual basis and cash basis of accounting.

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ACC 290 WEEK 2 PRACTICE QUIZ (NEW)

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ACC 290 Week 2 Quiz

Question 1

Expenses decrease retained earnings.

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ACC 290 WEEK 2 VOCABULARY ACTIVITY (NEW)

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WILEYPLUS ASSIGNMENT: WEEK 2 VOCABULARY ACTIVITY

RESOURCE: WILEYPLUS

COMPLETE THE FOLLOWING WEEK 2 ASSIGNMENT IN WILEYPLUS:

• Chapter 2 Wiley PLUS Crossword Puzzle 1

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ACC 290 WEEK 2 WILEYPLUS ASSIGNMENT BYP2-2, IFRS2-6, E3-4, E3-8, BYP 3-2, IFRS 3-2, P3-5, P3-6 (NEW)

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WILEYPLUS ASSIGNMENT: WEEK 2 ASSIGNMENT

RESOURCE: WILEYPLUS

COMPLETE THE FOLLOWING WEEK 2 ASSIGNMENT IN WILEYPLUS:

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ACC 290 WEEK 3/4 LEARNING TEAM FINANCIAL REPORTING PROBLEM, PART 1 (2 DIFFERENT PAPERS) (NEW)

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Financial Reporting Problem Part I

Browse the Internet to acquire a copy of the most recent annual report for a publicly traded company. Analyze the information contained in the company’s balance sheet and income statement to answer the following questions:

What are the company’s total assets at the end of its most recent annual reporting period? Why is this important?

What are the total assets at the end of the previous annual reporting period?

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ACC 290 WEEK 3 PRACTICE QUIZ (NEW)

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Question 1

The revenue recognition principle dictates that revenue is recognized in the period in which the cash is received.

Question 2

The generally accepted accounting principle which dictates that revenue be recognized in the accounting period in which the performance obligation is satisfied is the

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ACC 290 WEEK 3 VOCABULARY ACTIVITY (NEW)

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WILEYPLUS ASSIGNMENT: WEEK 3 PRACTICE QUIZ

RESOURCE: WILEYPLUS

COMPLETE THE FOLLOWING WEEK 3 ASSIGNMENT IN WILEYPLUS:

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ACC 290 WEEK 3 WILEYPLUS ASSIGNMENT BE4-1, P4-2A, P4-3A, BYP4-1 (NEW)

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Complete the Economics for Managerial Decision Making: Cost and Revenue Curves simulation located on your student website. How might you apply the principles presented in the simulation more effectively in your future business decisions? How do these decisions relate to your business when you are dealing with different states’ cost structures?

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ACC 290 WEEK 4/5 INDIVIDUAL ASSIGNMENT FINANCIAL REPORTING PROBLEM PART II (2 DIFFERENT PAPERS) (NEW)

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Financial Reporting Problem Part II

Access the internet to acquire a copy of the most recent annual report for the public traded company used to complete the Financial Reporting Problem, Part 1 assignment due in ACC 290 Week Four. Analyze the information contained in the company’s balance sheet and income statement to answer the following questions:

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ACC 290 WEEK 4 PRACTICE QUIZ (NEW)

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Question 1

A service company's operating cycle is ordinarily shorter than that of a merchandising company.

The operating cycle of a merchandising company is ordinarily shorter than that of a service company.

Question 2

Due to the turnover time of inventory, merchandising companies have an operating cycle that is longer than a service company.

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ACC 290 WEEK 4 VOCABULARY ACTIVITY (NEW)

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WileyPLUS Assignment: Week 4 Vocabulary Activity

Resource: WileyPLUS

Complete the following Week 4 Assignment in WileyPLUS:

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ACC 290 WEEK 4 WILEYPLUS ASSIGNMENT P4-8A, BYP5-1, BYP5-2, BE5-1, BE5-2, IFRS5-2, IFRS5-4, DO IT 5-3, 5-4 (NEW)

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WileyPLUS Assignment: Week 4 Assignment

Resource: WileyPLUS

Complete the following Week 4 Assignment in WileyPLUS:

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ACC 290 WEEK 5 IFRS PAPER (NEW)

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IFRS 2-1: In what ways does the format of a statement of financial of position under IFRS often differ from a balance sheet presented under GAAP?

IFRS 2-2: Do the IFRS and GAAP conceptual frameworks differ in terms of the objective of financial reporting? Explain.

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ACC 290 WEEK 5 LEARNING TEAM REFLECTION SUMMARY (NEW)

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Reflection and Financial Reporting Problem Part II.

Discuss the objectives for ACC 290 Week Four. In the wake of accounting scandals over the past several years, how has the Sarbanes-Oxley Act (SOX) of 2002 affected the practice of accounting? What is the role of internal controls in complying with SOX (2002)? Write a 350 to 500 word summary of your Learning Team’s discussion.

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ACC 290 WEEK 5 WILEYPLUS ASSIGNMENT BE6-5, BE6-7, BYP6-1, BYP6-2, BE7-4, BE7-6, BE5-1, BE5-2, BE7-5, E4-17, E4-18 (NEW)

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WileyPLUS Assignment: Week 5 Assignment

Resource: WileyPLUS

Complete the following Week 5 Assignment in WileyPLUS:

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