ACCT 304 Week 6 Discussion | Devry University
- Devry University / ACCT 304
- 20 Aug 2021
- Price: $5
- Accounting & Economics Assignment Help / Finance
ACCT 304 Week 6 Discussion | Devry University
Week
6: Cash
Cash is listed first on the balance sheet because it is the
asset most readily available to pay off debt or use in operations. Cash is also
one of the assets that most often "grows legs" and walks away.
Therefore, it is important that any business protect its cash; it does so
through Internal Control Procedures. Please start by defining Internal Control,
then discuss specific procedures related to cash.
Alternative Discussion Topic: You may elect to choose a tweet from the
FASB Twitter Feed (@FAFNorwalk) integrated into the home page of this course,
summarize the overarching topic of the tweet and related article or video, and
connect it to a topic we've studied in class this week. If a
classmate has chosen a feed in which you're interested, agree with their
summary and position by providing further supportive evidence from the book or
online, or disagree and provide evidence that supports your position. Feel free
to comment on current or recent tweets.
USA 
India