Acc 290 week 3 team reflection

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Acc 290 week 3 team reflection

Discuss the objectives for Week Five. Your discussion should include the topics you feel comfortable with, any topics you struggled with, and how the weekly topics relate to application in your field. Select one of the Virtual Organizations as the basis for the assignment.

Obtain faculty approval of your selected organization before beginning the assignment. Why do corporations buy back their own stock? What does it tell you about the corporation?

Discuss the objectives for Week Four.

Acc 290 week 3 team reflection

What are some common ratios used to analyze financial information? Which are the most important? What are some examples of how ratios are used in the decision making process?

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Two popular methods of financial statement analysis are horizontal analysis and vertical analysis. Why are companies required to prepare a statement of cash flows? Why is the statement of cash flows divided into three sections?

What does each section tell you about the operations of a company? What are the differences between the direct and indirect presentation of cash flows? Why does a company choose to form as a corporation? What are the steps required to become a corporation?

What are the advantages and disadvantages of the corporate form of doing business? Discuss the objectives for Weeks One and Two.

What types of industries have unearned revenue? Why is unearned revenue considered a liability?

Acc 290 week 3 team reflection

When is the unearned revenue recognized in the financial statements? What does your Annual Report say about unearned revenue?

What are the differences among valuation, depreciation, amortization, and depletion? Is it appropriate to calculate depreciation using two different methods?

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What does the Annual Report you are using for class say about depreciation? How would you describe the entries to record the disposition of accounts receivables? What is their function?I worked with the FIMWAL in the past on a couple of MCS engagments, but hadn’t yet had the opportunity to use the open-sourced MIMWAL on an engagment.

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Jan 29,  · ACC Week 4 Learning Team Financial Reporting Problem, Part 1 ACC Week 4 LT Reflection Summary ACC Week 5 Discussion Question 1What is the control environment? Discover the best homework help resource for ACC at University of Phoenix.

Find ACC study guides, notes, and practice tests for University Of Phoenix. Find Study Resources. Main Menu; by School; by Subject; Learning Team B - Reflection Week 3- University of Phoenix. Apr 28,  · ACC Entire Course / New Updated Syllabus.

Posted on April 28, by tantjarvis 0. ACC Week 3 Learning Team Reflection. Discuss the objectives for Week Two. What do you think will be the most important of the skills learned when you are in an accounting position?

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