XACC 291 All DQs

XACC 291 All DQs

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XACC/291 All DQs :

Week One Discussion Question #1

How would you describe the entries to record the disposition of accounts receivable? What is their function?

Week One Discussion Question #2

How are bad debts accounted for under the direct write-off method? What are the disadvantages of this method?

Week One Discussion Question #3

What are the basic issues related to accounting for intangible assets?

Week Three Discussion Question #1

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

Week Three Discussion Question #2

What types of industries have unearned revenue? Why is unearned revenue considered a liability? When is the unearned revenue recognized in the financial statements?

Week Three Discussion Question #3

What is the straight-line method of amortizing discount and premium on bonds payable? Provide an explanation of the process.

Week Five Discussion Question #1

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?

Week Five Discussion Question #2

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?

Week Five Discussion Question #3

Why do corporations buy back their own stock? What does it tell you about the corporation? What effect does the purchase have on the price of a company’s stock?

Week Seven Discussion Question #1

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?

Week Seven Discussion Question #2

Two popular methods of financial statement analysis are horizontal and vertical analysis?  What are the differences betweeen these two methods?