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ACC 206 AID EDUCATION EXPE

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ACC 206 Entire Course (New)

ACC 206 Week 1 Assignment Chapter One Problems


ACC 206 Week 1 DQ1 Cash Flows Information
ACC 206 Week 1 DQ2 Apple's Cash Flow
ACC 206 Week 2 Assignment Chapter Two and Three Problems

ACC 206 Week 1 Assignment


Chapter One Problems (Ash))

Ch 1 Critical Thinking Question 5:


Answer the following questions:
Why are noncash transactions, such as the exchange of
common stock a building, included on a statement of ca
sh flows? How are these noncash transactions disclosed
?

Chapter 1 Exercise 1:

ACC 206 Week 1 DQ 1 Cash Fl


ows Information (Ash)
Cash Flows Information
What information does the cash flow statement provide
that you cannot see in the other financial statements (in
come statement, balance sheet, owners equity)? What e
lements of the cash flow statement do you think are mo
st important for company management to monitor and
why? Is this different

ACC 206 Week 1 DQ 2 Apple's


Cash Flow (Ash)

Go to http://finance.yahoo.com. Enter in AAPL and clic
k on the get quote button, and it will bring up informa
tion on Apple. On the left hand side youll see a section
on Financials. Within that section, click on the cash flow.
Review the cash flow statement for Apple. How would y
ou summarize Apples cash flow position and what does
this statement tell you about where the money is comin
g from and where its going? What would you suggest A
pples do to improve its cash position and why?
Guided Response:

ACC 206 Week 2 Assignment


Chapter Two (Ash)
Accounting Equation
As you have learned in this weeks readings the Account
ing Equation is + Owners Equity. Is the accounting equ
ation true in all instances? Provide sample transactions
from your own experiences to demonstrate the validity
of the Accounting Equation.

Guided Response:
Review several of your peers postings and identify som
e core components that you feel should be included in
every transaction. Respond to at least two of your peer
s and provide recommendations to extend their thinkin
g

ACC 206 Week 2 DQ 1 Stock F


eatures (Ash)
Stock Features
1. What is callable preferred stock? Why do corporation
s issue such stock? Given the different features that are
associated with stock (callable, cumulative, preferred, et
c.), what type of stock would you want to buy personally
and why?
Guided Response :
Review your peers posts. Respond to at least two of you
r classmates, letting them know if you agree with their t
ype of desired stock and whether

ACC 206 Week 2 DQ 2 Role of


Management Accounting (As
h)

Role of Management Accounting


Review the roles of management accounting within a co
mpany. What is the most important role of managemen
t accounting? How is that different than financial accou
nting?
Guided Response:

Review your peer's responsees. Respond to at least two
of your peers, adding at least two additional areas that
management accountants focus on that the author did
n't include

ACC 206 Week 2 Journal Insti


tute (Ash)
Institute of Management Accounting

While there are many instances of overlap between fina
ncial accounting and management accounting, each gro
ups primary focus is different. Review the Institute of M
anagement Accountings (IMA) website, specifically the
About IMA and the Resources

ACC 206 Week 3 Assignment


Chapter Four (Ash)
1 Chapter 4 and 5 Problems

Please complete the following 7 exercises below in eithe


r Excel or a word document (but must be single docume
nt). You must show your work where appropriate (leavin
g the calculations within Excel cells is acceptable). Save t
he document, and submit it in the appropriate week usi
ng the Assignment Submission button.
Chapter 4 Exercise 3

ACC 206 Week 3 DQ 1 Issues


in Costing (Ash)

Issues in Costing
Describe three issues/problems that a company could e
ncounter when trying to determine the actual cost of a
good or service to be used in the cost of goods sold. For
each of your issues, provide an example of a company o
r industry where these issues could be present.
Guided Response:

ACC 206 Week 3 DQ 2 CVP an


d the Airline Industry (Ash)

CVP and the Airline Industry
Weve all experienced (or heard about) the challenges th
at the airlines have been facing. Read the Zacks Investm
ent Research article, Airline Industry Stock Outlook A
ugust 2012 Identify three factors that are affecting airli
ne companys ability

ACC 206 Week 3 Journal Hers


hey Company (Ash)

Hershey Company
Go the Hershey website to learn how to make Hershey
chocolate. Review the process and take a look at some o
f the videos. Pay particular attention to the process step
s of milling and pressing, mixing the ingredients, and re
fining.

In at least one paragraph, describe the costing system t


hat you would recommend Hershey use to account for
its cost of goods sold and why.

ACC 206 Week 4 Assignment


Chapter Six (Ash)

Please complete the following 8 exercises below in eith
er Excel or a word document (but must be single docum
ent). You must show your work where appropriate (leavi
ng the calculations within Excel cells is acceptable). Save
the document, and submit it in the appropriate week us
ing the Assignment Submission button.

Chapter 6 Exercise 2

ACC 206 Week 4 DQ 1 Issues


in Standard (Ash)
Issues in Standard Costs and Budgeting
Review the Standard costs: wake up and smell the coffe
e.article. When evaluating performance, many organizat
ions compare current results with the actual results of p
revious accounting periods. Is an organization that follo
ws this approach likely to encounter any problems? Expl
ain.
Guided Response:

ACC 206 Week 4 DQ 2 Flexibl


e Budgets (Ash)
Flexible budgets provide different information than sta
tic budgets. Discuss some of these differences. Is a flexi
ble budget always better? Are there times when youd r
ecommend using a static budget over a flexible budget?
Guided Response:

ACC 206 Week 5 Assignment


Chapter Eight Problems (Ash)
1. Please complete the following 5 exercises below in e
ither Excel or a word document (but must be single doc
ument). You must show your work where appropriate (l
eaving the calculations within Excel cells is acceptable).
Save the document, and submit it in the appropriate we
ek using the Assignment Submission button.

ACC 206 Week 5 Assignment


Final Paper (Ash)

Final Paper

Focus of the Final Paper

Youve just been hired onto ABC Company as the corpor


ate controller. ABC Company is a manufacturing firm th
at specializes in making cedar roofing and siding shingle
s. The company currently has annual sales of around $1
.2 million, a 25% increase from the previous

ACC 206 Week 5 DQ 1 Long-t


erm Decision Making (Ash)
Long-term Decision Making
List a few of the issues and considerations businesses s
hould have when it comes to the selection of long-term
investments and how those issues impact the various fi
nancial statements.

ACC 206 Week 5 DQ 2 Respon


sibilities (Ash)
Responsibilities in Management Accounting
Review the rights and responsibilities of Certified Mana
gement Accountants:

http://www.imanet.org/PDFs/Public/CMA/RIghts_Respons
ibility_CMA.pdf

What are some of the ethical responsibilities and obliga
tions that management

ACC 206 AID EDUCATION EXPE


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