ACC 206 Complete Class Flashcards
ACC 206 Complete Class
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ACC 206 Week 1 Assignment Chapter One Problems
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Ch 1 Critical Thinking Question 5:
Answer the following questions:
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ACC 206 Week 1 DQ 1 Cash Flows Information
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What information does the cash flow statement provide that you cannot see in the other financial statements (income statement, balance sheet, owner’s equity)? What elements of the cash flow statement do you think are most important for company management to monitor and why? Is this different for investors?
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ACC 206 Week 1 DQ 2 Apple’s Cash
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Go to http://finance.yahoo.com. Enter in “AAPL” and click on the “get quote” button, and it will bring up information on Apple. On the left hand side you’ll see a section on Financials. Within that section, click on the cash flow. Review the cash flow statement for Apple. How would you summarize Apple’s cash flow position and what does this statement tell you about where the money is coming from and where it’s going? What should Apple do to improve its cash position and why?
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ACC 206 Week 2 Assignment Chapter Two and Three Problems
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Chapter Two and Three Problems
Please complete the following 7 exercises below in either Excel or a word document (but must be single document). You must show your work where appropriate (leaving the calculations within Excel cells is acceptable). Save the document, and submit it in the appropriate week using the Assignment Submission button.
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ACC 206 Week 2 DQ 1 Stock Features
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What is callable preferred stock? Why do corporations issue such stock? Given the different features that are associated with stock (callable, cumulative, preferred, etc.), what type of stock would you want to buy personally and why?
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ACC 206 Week 2 DQ 2 Role of Management
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Review the roles of management accounting within a company. What is the most important role of management accounting? How is that different than financial accounting?
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ACC 206 Week 3 Assignment Chapter Four and Five Problems
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Chapter 4 and 5 Problems
Please complete the following 7 exercises below in either Excel or a word document (but must be single document). You must show your work where appropriate (leaving the calculations within Excel cells is acceptable). Save the document, and submit it in the appropriate week using the Assignment Submission button.
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ACC 206 Week 3 DQ 1 Issues In Costing
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Describe three issues/problems that a company could encounter when trying to determine the actual cost of a good or service to be used in the cost of goods sold. For each of your issues, provide an example of a company or industry where these issues could be present.
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ACC 206 Week 3 DQ 2 CVP and The Airline Industry
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We have all experienced (or heard about) the challenges that the airlines have been facing. Read the Zacks Investment Research article, “Airline Industry Stock Outlook – August 2012” Identify three factors that are affecting airline company’s ability to break even. For each of your factors, discuss how these have an impact on the breakeven (contribution margin, fixed costs, variable costs, a combination, etc.), and what happens if these factors increase or decrease.
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ACC 206 Week 3 Journal Hershey Company
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Go the Hershey website to learn how to make Hershey chocolate. Review the process and take a look at some of the videos. Pay particular attention to the process steps of milling and pressing, mixing the ingredients, and refining.
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ACC 206 Week 4 Assignment Chapter Six and Seven Problems
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Chapter 6 and 7 Problems
Please complete the following 8 exercises below in either Excel or a word document (but must be single document). You must show your work where appropriate (leaving the calculations within Excel cells is acceptable). Save the document, and submit it in the appropriate week using the Assignment Submission button.
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ACC 206 Week 4 DQ 1 Issues In Standard Costs And Budgeting
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Review the Standard costs: wake up and smell the coffee.article. When evaluating performance, many organizations compare current results with the actual results of previous accounting periods. Is an organization that follows this approach likely to encounter any problems? Explain.
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ACC 206 Week 4 DQ 2 Flexible Budgets
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Flexible budgets provide different information than static budgets. Discuss some of these differences. Is a flexible budget always better? Are there times when you’d recommend using a static budget over a flexible budget?
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ACC 206 Week 5 Assignment Chapter Eight Problems
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Chapter Eight Problems
Please complete the following 5 exercises below in either Excel or a word document (but must be single document). You must show your work where appropriate (leaving the calculations within Excel cells is acceptable). Save the document, and submit it in the appropriate week using the Assignment Submission button.
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