ACC 227

  • ACC 227 Module 1 Check Your Understanding (AIU Online)

    ACC 227 Module 1 Check Your Understanding (AIU Online)

    ACC 227 Module 1 Check Your Understanding (AIU Online) 1.What is the purpose of the cash flow statement? 2.What types of activity are reported on the statement of cash flows? 3.The sale of equipment would be classified as what type of activities? 4...

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  • ACC 227 Module 1 Homework Assignment (AIU Online)

    ACC 227 Module 1 Homework Assignment (AIU Online)

    ACC 227 Module 1 Homework Assignment (AIU Online) Part I: Short Response 1.What is the main purpose of a statement of cash flows? 2.Distinguish between the indirect and direct methods of reporting net cash flows provided by (used in) operating...

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  • ACC 227 Module 2 Homework Assignment (AIU Online)

    ACC 227 Module 2 Homework Assignment (AIU Online)

    ACC 227 Module 2 Homework Assignment (AIU Online) Part I: Short Response 1.Identify the three management functions relating to the decision-making process.  Briefly define each function. 2.How do variable costs and fixed costs differ?  Give...

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  • ACC 227 Module 3 Check Your Understanding (AIU Online)

    ACC 227 Module 3 Check Your Understanding (AIU Online)

    ACC 227 Module 3 Check Your Understanding (AIU Online) 1.Activity-based costing is usually more accurate than unit-based costing for the assignment of overhead when there is/are: 2.The first three steps in implementing an activity-based costing system...

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  • ACC 227 Module 3 Homework Assignment (AIU Online)

    ACC 227 Module 3 Homework Assignment (AIU Online)

    ACC 227 Module 3 Homework Assignment (AIU Online) Part I: Short Response 1.What must a company do in order to be able to assign overhead costs to specific overhead activities? 2.What are the four general categories of ABC activities? 3.What is a cost...

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  • ACC 227 Module 4 Homework Assignment (AIU Online)

    ACC 227 Module 4 Homework Assignment (AIU Online)

    ACC 227 Module 4 Homework Assignment (AIU Online) Part I: Short Response 1.How are strategic planning, capital budgeting, and operations budgeting different? 2.Describe the advantages of the authoritative approach and the participative approach to...

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  • ACC 227 Module 5 Check Your Understanding (AIU Online)

    ACC 227 Module 5 Check Your Understanding (AIU Online)

    ACC 227 Module 5 Check Your Understanding (AIU Online) 1.Which account is typically not used in a merchandising company? 2.Explain number of days in inventory? 3.What methods can be used to control inventory? 4.The disorder, spoilage, and theft that...

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  • ACC 227 Module 5 Homework Assignment (AIU Online)

    ACC 227 Module 5 Homework Assignment (AIU Online)

    ACC 227 Module 5 Homework Assignment (AIU Online) Part I: Short Response 1.How does the work-in-process inventory in a manufacturing organization differ from that in a service organization? 2.What is represented by total cost of goods manufactured? 3...

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  • ACC 227 Module 6 Homework Assignment (AIU Online)

    ACC 227 Module 6 Homework Assignment (AIU Online)

    ACC 227 Module 6 Homework Assignment (AIU Online) Part I: Short Response 1.Explain how understanding cost behavior patterns can assist management. 2.What is meant by the relevant range? 3.What is the basic C-V-P equation?  What is a more...

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  • ACC 227 Module 7 Homework Assignment (AIU Online)

    ACC 227 Module 7 Homework Assignment (AIU Online)

    ACC 227 Module 7 Homework Assignment (AIU Online) Part I: Short Response 1.What is a differential cost?  Give an example of how differential costs are used by managers making product and process decisions. 2.Distinguish between variable costs and...

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  • ACC 227 Module 8 Homework Assignment (AIU Online)

    ACC 227 Module 8 Homework Assignment (AIU Online)

    ACC 227 Module 8 Homework Assignment (AIU Online) Part I: Short Response 1.What are the three leading measures of learning and growth in an organization? 2.How do companies go about directly managing their return on investment (ROI)? 3.What are the...

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