Questions

Discussion Questions   When reviewing a financial report, why must information be reliable, relevant, consistent, and comparable? Why are these accounting characteristics important? What kinds of problems might result if a financial report is not reliable, relevant, consistent, or comparable?   How does information from financial reports influence business decisions? Why is it import
Greg
Read ATC 6-5 of Chapter 6 and answer part a. Additionally, given what you have learned about financial accounting so far, think of as many ways that you could “adjust” the financial records to make your company look better yet still follow GAAP and ethical guidelines. (Hint: think of the choices that can be used in the various accounting methods you have learned: i.e., inventory valuat
Jamesjr
Read and answer Chapter 4, Question 21 on the effects of debit and credit memo’s on the Cash account. Explain in 200 words. Respond to at least two of your classmates’ postings
Jamesjr
Discuss in general the ethical issues when employees are tempted to defraud their employer or when companies defraud the public. What sort of situations can lead to this behavior? What are the costs of fraudulent behavior? What kind of controls can help prevent ethical problems? Cite an example of unethical behavior (not necessarily limited to fraud) that you are aware of from personal experience
Jamesjr
Complete the following problems from Chapter 4 and submit to your instructor. These problems will be graded for accuracy. Problems: 4-20, 4-21
Jamesjr
Project Deliverable 1: Project Plan Inception This assignment consists of two (2) sections: a project introduction and a project plan. You must submit both sections as separate files for the completion of this assignment. Label each file name according to the section of the assignment it is written for. Additionally, you may create and / or assume all necessary assumptions needed for the comple
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