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PRJ656 PRJ 656 Project Management Integration Framework Week 4 Assignment When you go to purchase a new home there are going to be many risks that may or may not happen. These risks are things that you are going to want to make sure you know prior to starting the process of finding your dream home. Risk that we may see are going to be: 1. Lack of funding. 2. Offer gets denied when you find your dream home. 3. Unable to find a home that fits our needs. 4. Failed home inspection. 5. Unfo...
ACC340 WEEK2ASSIGNMENT.docx Running head: WEEK 2 ASSIGNMENT 1 ACC340 Week 2 Assignment Grantham University Week 2 Assignment Week 2 Problem Sets Complete the following problem sets: Chapter 4 Problem 4-4-A, page 138 a. Prepare a table of entities and activities for Good Buy, Inc. or Central Risk Insurance Company. Answer: b. Construct a context diagram based on the table you prepared in part (a). Use Microsoft Visio or other diagraming software. Answer: Chapter 5 Problem 5-13,...
ACC340 WEEK3ASSIGNMENT.docx ACC340 Week 3 Assignment Grantham University Week3Assignment Chapter 7 Problem 7-3, page 258 CONTROL GOALS A. Ensure effectiveness of operations B. Ensure efficient employment of resources C. Ensure security of resources D. Ensure input validity E. Ensure input completeness F. Ensure input accuracy G. Ensure update completeness H. Ensure update accuracy 1. (D) Ensuring input validity the reason for this is because the input was wrong, the computer rej...
ACC430 W2A ACC430 Week 2 Assignment Grantham University Week 2 Assignment Tax Form: 1040 (available at ) Fill out lines 1 through 8 on form 1040. A couple is married filing jointly. Brian™s social security number is 123-45-6789 and Amanda™s is 987-65-4321. They have a child age 10 (June SS# 123-44-6789) and a child age 17 (May SS# 123-45-6778). Brian has an income of $50,000 and Amanda has an income of $32,000. They have interest income of $76 and Brian wants to contribute to the pres...
ACC450 W3A ACC450 Problems Week 3 Grantham University Problems Week 3 ï‚· Chapter 5: 5-49 INTERNATIONAL Refer to Exhibit 5.1. Briefly describe the relevance of the following standard setters for auditors. a. AICPA b. PCAOB c. IAASB ï¶The auditors in the United States follow auditing guidance issued by the PACOB, AICPA and IAASB. These authorities' auditing principles have a similar goal: to give fair confidence to the public that audits are performed in a competent manner...
ACC450 W4A ACC450 Problems Week 4 Grantham University Problems Week 4 ï‚· Chapter 7: Fraud Focus: Contemporary and Historical Cases 7-58. Kid Castle Educational Corporation and Brock, Schechter & PROFESSIONAL SKEPTICISM INTERNATIONAL ETHICS FRAUD General Background. On May 22, 2012, the audit firm of Brock, Schechter & Polakoff LLP (hereafter BSP) was censured and fined $20,000 by the PCAOB in relation to its audits of public companies located in Taiwan and China. These public co...
ACC450 W5A ACC450 Problems Week 5 Grantham University Problems Week 5 ï‚· Chapter 9: 9-35. Refer to Exhibit 9.2. What are the major activities involved in generating and recording a sales transaction? What are the major documents generated as a part of each activity? ï¶Receive a Customer Purchase Order ï‚·Receiving a buying order from a customer or preparing a sales order by a salesperson is the first step in the processing process. Check Inventory Stock Status ï‚·M...
ACC450 W6A ACC450 Problems Week 6 Grantham University Problems Week 6 ï‚· Chapter 11: 11-35. Match the following assertions with their associated description: (a) existence/occurrence, (b) completeness, (c) rights and obligations, (d) valuation or allocation, (e) presentation and disclosure. 1. (c) rights and obligationsThe company has title to the inventory as of the balance sheet date. 2. (a) existence/occurrenceInventory balances exist at the balance sheet date. 3. (e) pre...
ACC499 W3A ACC499 Week 3 Assignment Grantham University You reviewed the financial statements for Wal-Mart in week 1. In addition, the website houses Walmart™s December 31, 2015, Form 10-K. You should read the management discussion and analysis (MD&A), financial statements, and notes to the financial statements, especially Note 2, œSummary of Significant Accounting Policies. 1. Given your knowledge of Walmart™s key success and risk factors, use the note information described a...
AH531 W2Assignment 2 AH531 Accrual vs. Cash Basis Accounting College of Nursing and Health Professions, Grantham University AH531 Explain the difference between the accrual basis of accounting and the cash basis of accounting. What are the major reasons for using accrual accounting? — Cash basis accounting is watching actual cash flow from in and out of the organization. —Accrual basis of accounting tracks the flow of resources and revenues the resources bring in. — Thr...