Week 1 ACC 220 Week 1 DQ 1 Based on what you know about accounting, what role do you see it playing in business operations? How dependent do you think a business is on its accounting department? Why? ACC 220 Week 1 DQ 2: Why are ethics so important in the field of accounting? Week 1 Assignment: ACC 220 Week 1 Checkpoint (Career Opportunities) Week 2 Week 2Assignments: ACC 220 Week 2 Assignment (Financial Statements) ACC 220 Week 2 Checkpoint (Proprietorships, Partnerships, and Corporations) Week 3 ACC 220 Week 3 DQ 1 ForDiscussion Question 1: Post your response to the following: When reviewing a financial report, why should information be reliable, relevant, consistent, and comparable? In other words, why are these accounting characteristics important? What kinds of problems could be created if a financial report is not reliable, relevant, consistent, or comparable? ACC 220 Week 3 DQ2 For Discussion Question 2: Post your response to the following: How does information from financial reports influence business decisions? Why is it important for business managers to understand the information found on financial reports? Week 3 Assignment: ACC 220 Week 3 Checkpoint (Classified Balance Sheet) Week 4 Week 4 Assignments: ACC 220 Week 4 Assignment (Internal Cash Control) 1150+ Words ACC 220 Week 4 Checkpoint (Appendix B) Cash Management Matrix Week 5 ACC 220 Week 5 DQ 1 Discussion Question 1: Post your response to the following: How would you describe the difference between financial and managerial accounting? What are the distinguishing features of managerial accounting? ACC 220 Week 5 DQ2 Discussion Question 2: Post your response to the following: Select a management function (planning, directing and motivating, or controlling) and explain how that function relates to business as a whole. Next, select a different function listed by a classmate. Discuss with your classmate how the functions you each selected complement each other. Week 5 Assignment: ACC 220 Week 5 Checkpoint (Financial Reporting) Week 6 Week 6 Assignments: ACC 220 Week 6 Assignment (Cost, Volume, and Profit Formulas) ACC 220 Week 6 Checkpoint (Cost,Volume) Week 7 ACC 220 Week 7 DQ 1 Discussion Question 1: Post your response to the following: You know how important it is to create budgets for your household. How does budgeting help management make good business decisions? ACC 220 Week 7 DQ2 Discussion Question 2: Post your response to the following: What are some of the different types of budgets? Describe in detail one type of budget covered in the text. Describe what the budget is used for and what information it provides a business. Then, as you respond to your classmates, discuss how the budget you described relates to the budgets they described. Discuss how a business benefits from each of the budgets. Week 7 Assignment: ACC 220 Week 7 (Checkpoint Budget Matrix) Week 8 Week 8 Assignments:
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