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ACC 400 Complete Class Material

ACC 400 Complete Class Material

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ACC 400 Complete Class Material

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ACC 400 Complete Class Material

ACC 400 Week 1 DQ 1

What is a current asset? What is a non-current asset? What is the difference
between the two types of assets? In which financial statement would you find
these assets?

ACC 400 Week 1 DQ 2

What is an example of a significant accounting estimate? What is the
importance of these estimates? How do ethics play into the decision-making
process? Which financial statements include significant accounting estimates?
Why?

ACC 400 Week 1 DQ 3

What are internal controls? Why do companies need them? What are some
examples of internal controls? Who is responsible for developing internal
controls? What are some limitations of internal controls?

ACC 400 Week 1 DQ 4

What are intangible assets? How does a business obtain intangible assets?
What is goodwill? Why would a business have an account for goodwill?

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