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ACC 556 ASSIST Education Your Life--acc556assist.com ACC 556 All Chapter Quizzes FOR MORE CLASSES VISIT www.acc556assist.com Please check the details of Quizzes given under our product section individually (all questions are mentioned there) ACC 556 Chapter 1 Quiz (100% Score)ACC 556 Chapter 2 Quiz (100% Score)ACC 556 Chapter 3 Quiz (100% Score)ACC 556 Chapter 4 Quiz (100% Score)
ACC 556 ASSIST Education Your Life--acc556assist.com • ACC 556 Chapter 1 Quiz (100% Score) • FOR MORE CLASSES VISIT • www.acc556assist.com • Chapter 1 Quiz • Question 1 • A business organized as a separate legal entity owned by stockholders is a partnership. • Question 2
ACC 556 ASSIST Education Your Life--acc556assist.com ACC 556 Chapter 2 Quiz (100% Score) FOR MORE CLASSES VISIT www.acc556assist.com Chapter 2 Quiz Question 1 Cash and supplies are both classified as current assets. Question 2 Earnings per share measures the net income earned on each share of common stock.
ACC 556 ASSIST Education Your Life--acc556assist.com • ACC 556 Chapter 3 Quiz (100% Score) • FOR MORE CLASSES VISIT • www.acc556assist.com • Chapter 3 Quiz • · Question 1 • Economic events that require recording in the financial statements are called accounting transactions • · Question 2 • An account is often referred to as a T-account because of the way it is constructed.
ACC 556 ASSIST Education Your Life--acc556assist.com • ACC 556 Chapter 4 Quiz (100% Score) • FOR MORE CLASSES VISIT • www.acc556assist.com • Chapter 4 Quiz • Question 1 • The revenue recognition principle dictates that revenue be recognized in the accounting period in which the performance obligation is satisfied. • Question 2 • An adjusting entry to a prepaid expense is required to recognize expired expenses.
ACC 556 ASSIST Education Your Life--acc556assist.com ACC 556 Chapter 5 Quiz (100% Score) FOR MORE CLASSES VISIT www.acc556assist.com Chapter 5 Quiz Question 1 An advantage of using the periodic inventory system is that it requires less record keeping than the perpetual inventory system.
ACC 556 ASSIST Education Your Life--acc556assist.com ACC 556 Chapter 6 Quiz (100% Score) FOR MORE CLASSES VISIT www.acc556assist.com Chapter 6 Quiz Question 1 Raw materials inventories are the goods that a manufacturing company has completed and are ready to be sold to customers. Question 2
ACC 556 ASSIST Education Your Life--acc556assist.com ACC 556 Chapter 7 Quiz (100% Score) FOR MORE CLASSES VISIT www.acc556assist.com Chapter 7 Quiz Question 1 The most important element of the fraud triangle is rationalization. Question 2
ACC 556 ASSIST Education Your Life--acc556assist.com • ACC 556 Chapter 8 Quiz (100% Score) • FOR MORE CLASSES VISIT • www.acc556assist.com • Chapter 8 Quiz • Question 1 • An aging of accounts receivable schedule is based on the premise that the longer the period an account remains unpaid, the greater the probability that it will eventually be collected.
ACC 556 ASSIST Education Your Life--acc556assist.com ACC 556 Chapter 9 Quiz (100% Score) FOR MORE CLASSES VISIT www.acc556assist.com Chapter 9 Quiz Question 1 The statement of cash flows is a required statement that must be prepared along with an income statement, balance sheet, and retained earnings statement. Question 2
ACC 556 ASSIST Education Your Life--acc556assist.com ACC 556 Chapter 10 Quiz (100% Score) FOR MORE CLASSES VISIT www.acc556assist.com Chapter 10 Quiz Question 1 A current liability must be paid out of current earnings. Question 2 Most notes are not interest bearing.
ACC 556 ASSIST Education Your Life--acc556assist.com • ACC 556 Chapter 11 Quiz (100% Score) • FOR MORE CLASSES VISIT • www.acc556assist.com • Chapter 11 Quiz • Question 1 • A current liability must be paid out of current earnings. • Question 2
ACC 556 ASSIST Education Your Life--acc556assist.com • ACC 556 Chapter 12 Quiz (100% Score) • FOR MORE CLASSES VISIT • www.acc556assist.com • Chapter 12 Quiz • Question 1 • The statement of cash flows is a required statement that must be prepared along with an income statement, balance sheet, and retained earnings statement. • Question 2
ACC 556 ASSIST Education Your Life--acc556assist.com ACC 556 Chapter 13 Quiz (100% Score) FOR MORE CLASSES VISIT www.acc556assist.com Chapter 13 Quiz 1. Price-earnings ratio 2. Return on assets 3. Accounts receivable turnover ratio 4. Earnings per share 5. Payout ratio
ACC 556 ASSIST Education Your Life--acc556assist.com ACC 556 Chapter 21 Quiz (100% Score) FOR MORE CLASSES VISIT www.acc556assist.com Chapter 21 Quiz Question 1 A benefit of budgeting is that it provides definite objectives for evaluating performance. Question 2
ACC 556 ASSIST Education Your Life--acc556assist.com ACC 556 Chapter 22 Quiz (100% Score) FOR MORE CLASSES VISIT www.acc556assist.com Chapter 22 Quiz Question 1 Budget reports comparing actual results with planned objectives should be prepared only once a year. Question 2
ACC 556 ASSIST Education Your Life--acc556assist.com ACC 556 Crooked Scenario 2 Part 1 FOR MORE CLASSES VISIT www.acc556assist.com Shortly after you completed your work of unpacking all the players in the CrookEd Partners drama and identifying all potential fraudulent activity that had been relayed to you (Week One Scenario Assignment), your secretary came into your office and said you had a visitor. You inquired who it was and she said it was an accountant, C.H. Ainge O’Hart (Chainge ‘O Hart) from a local CPA firm
ACC 556 ASSIST Education Your Life--acc556assist.com • ACC 556 Final Part 1 (100% Correct Answers) • FOR MORE CLASSES VISIT • www.acc556assist.com • Final Part 1 • Question 1 • Under the corporate form of business organization • Question 2 • Accountants do not attempt to measure the change in a plant asset's market value during ownership because
ACC 556 ASSIST Education Your Life--acc556assist.com • ACC 556 Final Part 1 and 2 • FOR MORE CLASSES VISIT • www.acc556assist.com • Final Part 1 • Question 1 • Under the corporate form of business organization • Question 2
ACC 556 ASSIST Education Your Life--acc556assist.com ACC 556 Final Part 2 (100% Correct Answers) FOR MORE CLASSES VISIT www.acc556assist.com Final Part 2 Question 1 A manager of a cost center is evaluated mainly on Question 2 Bogey Co. recorded operating data for its Cheap division for the year. Bogey requires its return to be 10%.
ACC 556 ASSIST Education Your Life--acc556assist.com • ACC 556 Midterm Part 1 (100% Correct Answers) • FOR MORE CLASSES VISIT • www.acc556assist.com • ACC 556 - Midterm part 1 • · Question 1 • Source documents can provide evidence that a transaction has occurred • · Question 2 • Expense recognition is tied to revenue recognition.
ACC 556 ASSIST Education Your Life--acc556assist.com • ACC 556 Midterm Part 1 and 2 • FOR MORE CLASSES VISIT • www.acc556assist.com • ACC 556 - Midterm part 1 • · Question 1 • Source documents can provide evidence that a transaction has occurred • · Question 2 • Expense recognition is tied to revenue recognition.
ACC 556 ASSIST Education Your Life--acc556assist.com • ACC 556 Midterm Part 2 (100% Correct Answers) • FOR MORE CLASSES VISIT • www.acc556assist.com • ACC 556 - Midterm part 2 • •Question 1 • Which of these would cause the inventory turnover ratio to increase the most? • •Question 2 • Bad Debt Expense is considered
ACC 556 ASSIST Education Your Life--acc556assist.com • ACC 556 Week 1 Crooked Scenario 1 • FOR MORE CLASSES VISIT • www.acc556assist.com • ACC 556 Week 1 Crooked Scenario 1
ACC 556 ASSIST Education Your Life--acc556assist.com • ACC 556 Week 1 Sherlock Homes • FOR MORE CLASSES VISIT • www.acc556assist.com • ACC 556 Week 1 Sherlock Homes
ACC 556 ASSIST Education Your Life--acc556assist.com • ACC 556 Week 1 Short Answer Quiz • FOR MORE CLASSES VISIT • www.acc556assist.com • INDIVIDUAL ASSIGNMENT • Complete the Week 1 Short Answer Quiz. • Click the Assignment Files tab to submit your assignment as a Microsoft® Word document. • 1. What is the Association of Certified Fraud Examiners (ACEF) and what do they do? – • 2. Define fraud.
ACC 556 ASSIST Education Your Life--acc556assist.com ACC 556 WEEK 3 Assessing the Impact of Asset Misappropriation FOR MORE CLASSES VISIT www.acc556assist.com INDIVIDUAL ASSIGNMENT Write a 1,050 word paper on the impact of asset misappropriation on an organization of your choice. Include the following as headings for your paper: • What was the fraud? • Who committed this fraud?
ACC 556 ASSIST Education Your Life--acc556assist.com ACC 556 WEEK 3 Assessing the Impact of Asset Misappropriation FOR MORE CLASSES VISIT www.acc556assist.com INDIVIDUAL ASSIGNMENT Write a 1,050 word paper on the impact of asset misappropriation on an organization of your choice. Include the following as headings for your paper: • What was the fraud? • Who committed this fraud?
ACC 556 ASSIST Education Your Life--acc556assist.com • ACC 556 Week 4 Impact of Corruption • FOR MORE CLASSES VISIT • www.acc556assist.com • Write a 1,250-1,400-word paper on the impact of corruption on an organization of your choice in APA format with in-text citations and references. • Include the following: • · Who committed this corruption? • · Why did they commit this corruption?
ACC 556 ASSIST Education Your Life--acc556assist.com • ACC 556 Week 5 Comparing the Impact • FOR MORE CLASSES VISIT • www.acc556assist.com • ACC 556 Week 5 Comparing the Impact
ACC 556 ASSIST Education Your Life--acc556assist.com • ACC 556 Week 5 Crooked Scenario 5 • FOR MORE CLASSES VISIT • www.acc556assist.com • ACC 556 Week 5 Crooked Scenario 5
ACC 556 ASSIST Education Your Life--acc556assist.com ACC 556 Week 5 Memorandum Proactive Method of Fraud Detection FOR MORE CLASSES VISIT www.acc556assist.com INDIVIDUAL ASSIGNMENT Write a 600-800 word memo to your accounting committee on fraud detection discussing the 6 steps of the Proactive Method of Fraud Detection found in figure 6.1 of Chapter 6. Include methods to gather information about a business, questions that should be asked
ACC 556 ASSIST Education Your Life--acc556assist.com • ACC 556 Week 6 Assignment 1 Financial Analysis (4 Papers, Apple, Lowe's, Mc Donalds, Walmart) • FOR MORE CLASSES VISIT • www.acc556assist.com • This Tutorial contains 4 Different Papers (Apple, Lowe's, Mc Donalds, Walmart) • ACC 556 Week 6 Assignment 1 Financial Analysis • Assignment 1: Financial Analysis
ACC 556 ASSIST Education Your Life--acc556assist.com ACC 556 Week 6 fraud symptoms and mitigation FOR MORE CLASSES VISIT www.acc556assist.com INDIVIDUAL ASSIGNMENT Prepare 7-10 Power Point slides discussing common business fraud symptoms and mitigation actions that can be taken to help deter and detect fraud. Choose some elements from Chapter 5: Recognizing the Symptoms of Fraud
ACC 556 ASSIST Education Your Life--acc556assist.com ACC 556 Week 6 Short Answer Quiz FOR MORE CLASSES VISIT www.acc556assist.com Complete the Week 6 Short Answer Quiz. Click the Assignment Files tab to submit your assignment as a Microsoft® Word Document. Copy and paste the questions onto a Word document. Write a brief response using the information found in Chapter 4 and integrate it with what you have learned in the course this semester.
ACC 556 ASSIST Education Your Life--acc556assist.com ACC 556 Week 10 Assignment 2 Budget Planning and Control (3 Papers) FOR MORE CLASSES VISIT www.acc556assist.com This Tutorial contains 3 Different Papers Assignment 2: Budget Planning and Control Due Week 10 and worth 160 points