ACC 291 Week 5 Discussion Questions and Responses

Topics: Generally Accepted Accounting Principles, Financial statements, Cash flow Pages: 9 (1290 words) Published: July 31, 2014
ACC 291 Week 5 Discussion Questions and Responses
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DESCRIPTION FOR THIS STUDY GUIDE:
Week 5:
DQ 1:  Why are companies required to prepare a statement of cash flows?  What are the three sections of the statement of cash flows and what does each section tell you about the operations of a company? DQ 2: Class, the statement of cash flows is the only required financial statement that is not prepared from an adjusted trial balance. What are the sources of information for preparing a statement of cash flows? Explain how the accrual basis of accounting affects the statement of cash flows. DQ3: Horizontal and vertical analyses are analytical tools frequently used to analyze financial statements. What type of information or insights can be obtained by using these two techniques?  Explain how the output of horizontal analysis and vertical analysis can be compared to industry averages and/or competitive companies. DQ4: Now that we are nearing the end of this class, tell me what did you find the most and least interesting in this class (this could be subject matter or particular assignments, how the class was facilitated or anything else related to the class).

ACC 291 Week 5 Discussion Questions and Responses
www.paperscholar.com
DIRECT LINK TO THIS STUDY GUIDE:
http://www.paperscholar.com/acc-291-week-5-discussion-questions-and-responses/

Instantly Download! Get Better Grades in Less Time!
100% Satisfaction Guarantee
DESCRIPTION FOR THIS STUDY GUIDE:
Week 5:
DQ 1:  Why are companies required to prepare a statement of cash flows?  What are the three sections of the statement of cash flows and what does each section tell you about the operations of a company? DQ 2: Class, the statement of cash flows is the only required financial statement that is not prepared from an adjusted trial balance. What are the sources of information for preparing a statement of cash flows? Explain how the accrual basis of accounting affects the statement of cash flows. DQ3: Horizontal and vertical analyses are analytical tools frequently used to analyze financial statements. What type of information or insights can be obtained by using these two techniques?  Explain how the output of horizontal analysis and vertical analysis can be compared to industry averages and/or competitive companies. DQ4: Now that we are nearing the end of this class, tell me what did you find the most and least interesting in this class (this could be subject matter or particular assignments, how the class was facilitated or anything else related to the class).

ACC 291 Week 5 Discussion Questions and Responses
www.paperscholar.com
DIRECT LINK TO THIS STUDY GUIDE:
http://www.paperscholar.com/acc-291-week-5-discussion-questions-and-responses/

Instantly Download! Get Better Grades in Less Time!
100% Satisfaction Guarantee
DESCRIPTION FOR THIS STUDY GUIDE:
Week 5:
DQ 1:  Why are companies required to prepare a statement of cash flows?  What are the three sections of the statement of cash flows and what does each section tell you about the operations of a company? DQ 2: Class, the statement of cash flows is the only required financial statement that is not prepared from an adjusted trial balance. What are the sources of information for preparing a statement of cash flows? Explain how the accrual basis of accounting affects the statement of cash flows. DQ3: Horizontal and vertical analyses are analytical tools frequently used to analyze financial statements. What type of information or insights can be obtained by using these two techniques?  Explain how the output of horizontal analysis and vertical analysis can be compared to industry averages and/or competitive companies. DQ4: Now that we are nearing the end of this class, tell me...
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