ACCT 212 Week 1


ACCT 212 DeVry Week 1 Complete Work Latest

ACCT 212 DeVry Week 1 Discussion 1

I suspect that most of us can view and appreciate most sports such as baseball, football, and basketball. What if you were to view a Cricket World Cup game? If you didn’t know the rules you probably would not have much fun. The same happens in business if you don’t understand its language – Accounting. What rules impact a business’ Accounting Information System? What types of compliance is required?

ACCT 212 DeVry Week 1 Discussion 2

In this graded discussion, we will be examining the operation of the Accounting Information System (AIS) with the use of problems and ACCT212 exercises from your textbook. The goal is to cover ACCT212DeVry all of the requirements to ensure an opportunity for your successful completion of Course Project. Let’s start with Exercise ACCT 212 1-17A. Read about CoffeeShop Doughnuts and select one of the four requirements to answer.

ACCT 212 DeVry Week 1 Check Point

Question 1

(TCO 1) The type of accounting that makes projections to determine if a company should build a new store is

financial accounting.

business accounting.

managerial accounting.

projection accounting.

Question 2.

(TCO 1) The _____ is elected by the stockholders and is responsible for setting policy and appointing officers.

board of directors

chief executive officer (CEO)

chief financial officer (CFO)

advisory council

Question 3.

(TCO 1) The acronym GAAP stands for

generally acceptable authorized pronouncements.

government authorized accountant principles.

generally accepted accounting principles.

government audited accounting pronouncements.

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