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Flashcards in ACC 440 UOP Assignments,ACC 440 UOP Materials,ACC 440 UOP Tutorials Deck (20):
1

ACC 440 Week 5 Learning Team Ch. 6 & 10 Textbook Exercises

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2

ACC 440 Week 5 Individual Ch. 5 & 10 Textbook Exercises

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3

ACC 440 Week 5 DQ 2

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What dollar amounts in the consolidated financial statements will be incorrect if intercompany services are not eliminated?

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4

ACC 440 Week 5 DQ 1

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When are profits on inter-corporate sales considered to be realized? Explain.

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5

ACC 440 Week 4 Learning Team Ch. 3 & 4 Textbook Exercises

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6

ACC 440 Week 4 Individual Ch. 4 & 5 Textbook Exercises

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7

ACC 440 Week 4 DQ 2

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What effect does a negative retained earnings balance on the subsidiary’s books have on consolidation procedures?

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8

ACC 440 Week 4 DQ 1

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What are some issues to consider before investing in another company?

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9

ACC 440 Week 3 Learning Team Ch. 11 Textbook Exercises

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10

ACC 440 Week 3 Individual Ch. 12 Textbook Exercise

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11

ACC 440 Week 3 DQ 2

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Why do most parent companies acquire 100 percent ownership of the subsidiary when 51 percent would grant them economic control?

What are the economic reasons supporting more than a 51 percent ownership level?

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12

ACC 440 Week 3 DQ 1

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What are some of the issues we may run into when consolidating financial statements at period end? What types of transactions need to be addressed in a consolidation?

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13

ACC 440 Week 2 Learning Team Ch. 1 Textbook Exercises

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14

ACC 440 Week 2 Individual Ch. 12 Textbook Exercise

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15

ACC 440 Week 2 DQ 2

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Why do companies hedge? Why would some companies choose not to hedge?

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16

ACC 440 Week 2 DQ 1

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How are foreign exchange gains and losses reported?

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17

ACC 440 Week 1 Individual Ch. 2 Textbook Exercises

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18

ACC 440 Week 1 DQ 2

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19

ACC 440 Week 1 DQ 1

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What is the significance of goodwill in the consolidation process? Why is it necessary to determine goodwill impairment? Do you agree with the change in accounting for goodwill? Why or why not?

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20

ACC 440 Complete Class NO Final

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