ACC 400 Week 1 Discussion | University Of Phoenix
- University of Phoenix / ACC 400
- 23 Feb 2019
- Price: $10
- Other / Other
ACC 400 Week 1 Discussion | University Of Phoenix
DQ 1
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?
DQ 2
What are internal controls? Why do companies need them? What are some examples of internal controls? Who is responsible for developing internal controls?
DQ 3
What is a current asset? What is a noncurrent asset? What is the difference between the two types of assets? In which financial statement would you find these assets?