Acc 291 Entire Course

1. ACC 291 ENTIRE COURSE
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ACC 291 Week 1 Discussion Question
ACC 291 Week 1 DQ1
How are bad debts accounted for under the direct write-off method? What are the disadvantages
of this method?
ACC 291 Week 1 DQ2
How would you describe the entries to record the disposition of accounts receivables? What is
their function?
ACC 291 Week 1 DQ3
Pendergrass Company hires an accounting intern who says that intangible assets should always
be amortized over their legal lives. Is the intern correct? Explain. What are the basic issues
related to accounting for intangible assets?
ACC 291 Week 1 DQ4
What is the difference between revenue expenditures and capital expenditures during a useful
life? Are there similarities? Explain the entries of each.
ACC 291 Week 2 Discussion Question
ACC 291 Week 2 DQ1
Which depreciation method provides you the highest depreciation expense in the first year?
Why?
ACC 291 Week 2 DQ2
What types of industries have unearned revenue? Why is unearned revenue considered a
liability? When is the unearned revenue recognized in the financial statements?

2. ACC 291 Week 2 DQ3
What are the differences among valuation, depreciation, amortization, and depletion? Is it
appropriate to calculate depreciation using two different methods? Why?
ACC 291 Week 2 DQ4
Why do companies issue bonds? Would you rather buy a bond at a discount or a premium rate?
Why? What is the determining factor of whether a bond is sold at a discount, face, or premium?
ACC 291 Week 2 Individual WileyPLUS Assignment Week Two
Resource:WileyPLUS
Complete the following WileyPLUS Week Two Exercises and Problem:
· Exercise E8-3
· Exercise BE9-13
· Exercise Do It! 9-4
· Exercise E9-9
· Exercise E9-10
· Problem P9-5A
Submit your results through the Gradebook ASSIGNMENTS. Screen prints or shots are
acceptable on a WORD document.
ACC 291 Week 2 Learning Team Weekly Reflection
Discuss the objectives for Weeks One and Two. 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.
Write a 350- to 1,050-word summary of the team’s discussion.
ACC 291 Week 3 Discussion Question
ACC 291 Week 3 DQ1
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?

3. ACC 291 Week 3 DQ2
Why is preferred stock referred to as preferred? What are some of the features added to preferred
stock that make it more attractive to investors? Would you select preferred stock or common
stock as an investment? Why?
ACC 291 Week 3 DQ3
What are the different types of dividends corporations may issue? When should a corporation
pay dividends? Do you prefer a stock dividend or a cash dividend? Why?
ACC 291 Week 3 Individual WileyPLUS Assignment
Resource:WileyPLUS
Complete the following WileyPLUS Week Three Exercises and Problems:
· Exercise E9-7
· Exercise E10-5
· Exercise E10-10
· Exercise E10-11
· Exercise E10-15
· Exercise E10-18
· Problem P10-5A
ACC 291 Week 3 Learning Team Weekly Reflection
Problem P10-9A
Discuss the objectives for Week Three. 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.
Write a 350- to 1,050-word summary of the team’s discussion.
ACC 291 Week 4 Discussion Question
ACC 291 Week 4 DQ1

4. 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?
ACC 291 Week 4 DQ2
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?
ACC 291 Week 4 DQ3
Two popular methods of financial statement analysis are horizontal analysis and vertical
analysis. What are the differences between these two methods?
ACC 291 Week 4 Individual WileyPLUS Assignment
Resource:WileyPLUS
Complete the following WileyPLUS Week Four Exercises and Problems:
· Exercise Do It! 11-1
· Exercise E11-15
· Exercise E11-16
· Problem P11-6A
Problem P11-8A
ACC 291 Week 4 Learning Team Weekly Reflection
Discuss the objectives for WeekFour. 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.
Write a 350- to 1,050-word summary of the team’s discussion.
ACC 291 Week 5 Discussion Question
ACC 291 Week 5 DQ1
What is an example of a potentially unethical accounting situation? Why is the situation
unethical? How do ethics affect the financial results of a company?
ACC 291 Week 5 Q2

5. Do you think the Sarbanes-Oxley Act has made a difference in the ethical behavior of companies
regarding their financial accounting? Why or why not?
ACC 291 Week 5 Individual Effect of Unethical Behavior Article Analysis
Write a 350- to 700-word article analysis in which you identify situations that might lead to
unethical practices and behavior in accounting.
Examine the effect of the Sarbanes-Oxley Act of 2002 on financial statements.
Cite one article from the Electronic Reserve Readings, the Internet, or other resources.
Format your paper consistent with APA guidelines.
ACC 291 Week 5 Learning Team Ratio Analysis Memo
Resource:Virtual Organizations
Click the Virtual Organization link on the student website to access the Virtual Organizations.
Select one of the Virtual Organizations as the basis for the assignment.
Obtain faculty approval of your selected organization before beginning the assignment.
Access the information contained in your selected organization’s balance sheet and income
statement to calculate the following:
· Liquidity ratios
o Current ratio
o Acid-test,or quick, ratio
o Receivables turnover
o Inventory turnover
· Profitability ratios
o Asset turnover
o Profit margin
o Return on assets
o Return on common stockholders’ equity

6. · Solvency ratios
o Debt to total assets
o Times interest earned
Showyour calculations for each ratio.
Create a horizontal and vertical analysis for the balance sheet and the income statement.
Write a 350- to 700-word memo to the CEO of your selected organization in which you discuss
your findings from your ratio calculations and your horizontal and vertical analysis. In your
memo, address the following questions:
· What do the liquidity, profitability, and solvency ratios reveal about the company’s
financial position?
· Which users may be interested in each type of ratio?
What does the collected data reveal about the company’s performance and position?
ACC 291 Week 5 Learning Team Weekly Reflection
Discuss the objectives for WeekFive. 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.
Write a 350- to 1,050-word summary of the team’s discussion.
ACC 291 Week 5 Individual WileyPLUS Assignment
Resource:WileyPLUS
Complete the following Week Five WileyPLUSExercises and Problems:
· Exercise E13-1
· Exercise E13-8
· Exercise E14-1
· Problem P13-9A
· Problem P13-10A
Problem P14-2A