ACC 400 Entire Course
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ACC 400 Week 1 DQs
ACC 400 Week 2 DQs
ACC 400 Week 3 DQs
ACC 400 Week 4 DQs
ACC 400 Week 1 E-text Individual Assignments
ACC 400 Week 2 E-text Individual Assignments
ACC 400 Week 3 E-text Individual Assignments
ACC 400 Week 5 E-text Individual Assignments
ACC 400 Week 1 Summary
ACC 400 Week 2 Summary
ACC 400 Week 3 Summary
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ACC 400 Final Exam
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Please answer the five following questions as your final exam. The responses should be a minimum of 300 words for each response (1,500 total word count minimum), anything less will result in a deduction of points. Post your final to the assignment link by the due date in the syllabus. Thank you.
1. 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? (300 words)********************************************************************************************************************************
ACC 400 Final Exam Guide (MCQs)
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1. A measure of a company’s solvency is the a. acid-test ratio. b. current ratio. c. times interest earned ratio. d. asset turnover ratio.
2. Allowance for Doubtful Accounts is presented as a(n) a. addition to Accounts Receivable on the balance sheet. b. operating expense on the income statement. c. deduction from Sales on the income statement. d. contra asset on the balance sheet.
3. The financial statements of the Colter Manufacturing Company reports net sales of $400,000 and accounts receivable of $80,000 and $40,000 at the beginning of the year and end of year, respectively. What…