ACC 422 Week 1 DQ 1 For more course tutorials visit www. uophelp. com
ACC 422 Week 1 DQ 2 For more course tutorials visit www. uophelp. com
32. The following information is available from Timber Corp’ s financial records for year 1:
33. How many times did Timber’ s accounts receivable turn over in year 1? =================================================
ACC 422 Week 1 DQ 1 For more course tutorials visit www. uophelp. com
Week 1 – DQ 1 Consider how an organization must manage cash, receivables, and inventory. Which of the three variables is the most important to manage? Is one more susceptible to fraud and errors than the others? Explain your answer. How would a misstatement in each affect the organization? ================================================
ACC 422 Week 1 DQ 2 For more course tutorials visit www. uophelp. com
Week 1 – DQ 2 What is the perpetual method of tracking inventory? How does it differ from the periodic method of tracking inventory? Why would a company choose one method over the other method? Which is the best method? Why? ================================================