Start Discovering Solved Questions and Your Course Assignments
TextBooks Included
Solved Assignments
Asked Questions
Answered Questions
ACC 350 COST ACCOUNTING Discussion Post help and solution, homework writing service- Strayer University
How would membership in one of these organizations benefit you? Think about what you want to do long-term. Do you want to be a general accountant?
Examine the impact of Accounting for the Uncertainty in Income Taxes on GAAP reporting. Identify the benefits of the requirements on financial reporting.
How are you going to transition employees? (training, etc.) What do you need to communicate to customers, suppliers, etc.
Describe what is involved in a product costing system. Explain why Wilson-West Manufacturing needs to have a product costing system.
How would you review the work papers prepared for this case? Prepare an audit program that an internal auditor assigned to this case would use?
Why do companies measure and analyze non-financial performance metrics? In what environments is this measurement especially beneficial?
Identify the accounting risks associated with each of your chosen Factors. What would you recommend to minimize those risks?
Identify one source of income and one source of deduction and explain to Robin how its source is determined.
Suppose your company raises funds from outside lenders. What type of agency costs might occur? How might lenders mitigate the agency costs?
Describe three different costs that behave differently. You should identify one fixed cost, variable cost and mixed cost and be able to justify their selection.
Discuss the disclosure requirement on accounting policies, and identify at least two examples of the most commonly required disclosure.
Explain what is involved in a product costing system. Explain why Wilson-West Manufacturing needs to have a product costing system.
Explain the flow of costs in a job-order costing system as it relates to the T-accounts and journal entries required to record economic events.
Compare and contrast Job Order Costing and Process Costing giving details as to flow of costs for direct materials, direct labor and manufacturing overhead.
Describe 2 types of standard cost variances that are used by management to assess both efficiency and effectiveness of comparing actual price to standard price.
How should Mr. Wrong have recorded the transaction? What are the ethical aspects of Mr. Wrong's action?
Management's Report on Internal Control Over Financial Reporting. Explain the purpose and content of each of these reports.
Who could be harmed by Frost's unusual accounting changes? What should Crane do in this situation?
Examine three significant changes brought forth by the Tax Cuts and Jobs Act and discuss at least two advantages and/or disadvantages of each.
How would you handle ownership of the assessment? How would your approach vary according to country, culture, or region?
How is financial statement fraud committed on behalf of an organization different from fraud committed against an organization (such as embezzlement)?
Evaluate the proposed bonus system. Propose a bonus system that you believe is optimal for IE. Why do you think your proposed system is optimal? Explain.
Examine at least two performance ratios that you would use in order to determine which analytical tests to perform.
Create an income statement for the month of January for Fishy Farm. Reconstruct the balance sheet for Fishy Farm as of January 31, 20x1.