ACCT 301

ACCT 301 WEEK 2 QUIZ – DEVRY

ACCT 301 WEEK 2 QUIZ DEVRY (15 MCQ’S)

(TCO 1) Which of the following would not be considered an external user of accounting data for XYZ Company?
(TCO 1) The cost of assets consumed or services used is also known as _________.
(TCO 1) The financial statement that summarizes the changes in retained earnings for a specific period of time is the _________.
(TCO 1) Pinson Company began the year with retained earnings of $210,000. During the year, the company recorded revenues of $300,000, expenses of $228,000, and paid dividends of $24,000. What was Pinson’s retained earnings at the end of the year?
(TCO 4) Which of the following statements is not true?
(TCO 4) Using the following balance sheet and income statement data, what is the current ratio? Current assets $7,000 Net income $12,000 Current liabilities 4,000 Stockholders’ equity 21,000 Total assets 30,000 Total liabilities 9,000 Average common shares outstanding was 10,000
(TCO 4) Using the following balance sheet and income statement data, what is the total amount of working capital? Current assets $7,000 Net income click here $12,000 Current liabilities 4,000 Stockholders’ equity 21,000 Total assets 30,000 Total liabilities 9,000 Average common shares outstanding was 10,000
(TCO 4) Using the following click here balance sheet and income statement data, what is ACCT 301 the debt to total assets ratio? Current assets $7,000 Net income $12,000 Current liabilities 4,000 Stockholders’ equity 21,000 Total assets 30,000 Total liabilities 9,000 Average common shares outstanding was 10,000
(TCO 2) Powers Company paid its office rent of $1,000 with cash. As a result of this event, _________.
(TCO 2) Which accounts normally have debit balances?
(TCO 2) In the first month of operations, the total of the debit entries to the cash account amounted to $700 and the total of the credit entries to the cash account amounted to $300. The cash account has a _________
(TCO 2) A trial balance would only help in detecting which one of the following errors?
(TCO 3) From an internal control standpoint, the asset most susceptible to improper diversion and use is _________
(TCO 3) Ron Jones has been a trusted employee for over 10 years. He is responsible for ordering merchandise inventory, receiving the inventory items, and authorizing the payment for these items. Which internal control principle, if any, is being violated?
(TCO 3) A check written by the company for $167 is incorrectly recorded by a company as $176. On the bank reconciliation, the $9 error should be _________

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AMP 425

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Grand Canyon AMP 425 Week 1 Discussion 1

Identify and describe three or more distinct market segments within a specific industry, such as aerospace or automobile manufacturing.



Grand Canyon AMP 425 Week 1 Discussion 2

Identify and describe a potential ethical dilemma that a marketer might face when segmenting. How might this concern be appropriately addressed given the need to satisfy often conflicting stakeholders?



Grand Canyon AMP 425 Week 1 Assignment

Environment Scan

Details:

Write a 500-750-word essay that discusses how the current state of the economy will impact completing an environmental scan.

Include an introduction and conclusion that make relevant connections to course objectives.

Prepare this assignment according to the APA guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required.

This assignment uses a grading rubric. Instructors will be using the rubric to grade the assignment; therefore, students should review the rubric prior to beginning the assignment to become familiar with click here the assignment criteria and expectations for successful completion of the assignment.

You are required to submit this assignment to Turnitin. Refer to the directions in the Student here Success Center. Only Word documents can be submitted to Turnitin.

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ACC665GCU

ACC 665 Grand Canyon Week 8 Complete Work



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ACC 665 Grand Canyon Module 8 Discussion

Reflect upon your experience throughout the course. Share some challenges you and your team had as well as some successes. How has this experience better prepared you to work as an accountant and/or tax or financial advisor? To collaborate and work effectively with others? What areas or concepts studied throughout the course would you say you need the most developing in? What areas are you strongest in? What advice would you give to a new student taking this course?



ACC 665 Grand Canyon Week 8 Assignment 1

CLC Case Study Report D

The tax partner-in-charge provides additional information regarding Taxpayer Dave and his family-owned businesses. A grandchild has now entered the business after completion of his college studies. He recently married a citizen of another country.

Dave needs advice as to how this new family layer will affect the tax situation of the family-owned and -operated businesses. He also wants to know if there are any tax issues related to relocating some of his business efforts to another country, operating in multiple countries, or operating a business independently in another country. The tax partner-in-charge believes that Dave plans to turn over some of the business operations to his grandchild, who has expressed a desire to live in another country.

The staff team (CLC team) is now assigned the task of developing a recommendation summary of these issues and what is the best organizational structure for Dave and his family.

Please refer to the assignment grading rubric at the assignment’s drop box for information regarding how the assignment will be graded. The CLC team is to prepare a final four- to five-page (double-spaced) report with ACC 665 GCU the required information to be submitted by the end of Module 8.



ACC 665 Grand Canyon Week 8 Assignment 2

Individual PowerPoint Presentation

Dave, as the senior family member-owner of a variety of businesses, has requested from the tax partner-in-charge a presentation and summary of the issues and recommendations provided to more info him. He would like this in a PowerPoint slide presentation to be used at a family-business retreat being planned to review the businesses owned and operated by the expanding family. Of specific interest to family members is the strategic tax planning issues faced by the family.

You are to prepare a PowerPoint presentation with the required information to be submitted by the end of Module 8.

ACC 665 Grand Canyon Week 8 Complete Work

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