ACC 422 Week 3 DQs

Topics: Depreciation, Generally Accepted Accounting Principles, Balance sheet Pages: 3 (475 words) Published: November 2, 2014

This paperwork - ACC 422 Week 3 Discussion Questions - consists of:

DQ 1: What is the purpose of depreciation? Does the book value of a fixed asset (cost minus accumulated depreciation) communicate to a user what the asset is worth? Explain why or why not. Should the financial statements reflect the value of fixed assets? Explain why or why not.

DQ 2: What is an intangible asset? Should all intangible assets be subject to amortization? Explain why or why not. Why are some intangible assets not amortized? What is the implication to the financial statements?

DQ 3: What are the different methods used to calculate depreciation? How does a company decide which method it should utilize? How does its choice affect the financial statements? Should companies standardize the method of depreciation to enhance comparability? Explain your answer.

General Questions - General General Questions
ACC 422 Week 1 Individual Assignment Disclosure Analysis Paper

ACC 422 Week 1 WileyPLUS Week Two Assignment

ACC 422 Week 2 Learning Team Assignment Weekly Reflection

ACC 422 Week 2 Learning Team Textbook Assignments 1

ACC 422 Week 3 Individual Assignment WileyPLUS Week Three Assignment

ACC 422 Week 3 Learning Team Assignment Textbook Assignments 2

ACC 422 Week 3 Learning Team Assignment Weekly Reflection

ACC 422 Week 4 Individual Assignment WileyPLUS Week Four Assignment 

ACC 422 Week 4 Learning Team Assignment Weekly Reflection

ACC 422 Week 5 Individual Assignment WileyPLUS Week Five Assignment 

ACC 422 Week 5 Learning Team Assignment Weekly Reflection

ACC 422 Week 1-5 All DQ's

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