ACC 240 (acc 240)

Topic 1 DQ 1 – ACC 240 Specify your major and identify your career plans. Explain how accounting might help you in your career if you are not planning to be an accountant. What information provided in financial reports would help you in your business? After completing my degree, I hope to continue to work in the customer service industry. Accounting will be beneficial in my field of study because it is one ...

ACC 240 Topic 7 DQ 2 Making decisions often involves financial and nonfinancial factors. Provide a hypothetical example from your personal life of a situation in which you would consider both financial and nonfinancial factors. What factors would be considered?

ACC 240 Topic 6 DQ 2 Budgets are developed months before the end of the current year and are best guess estimates of future performance. What do you think might be some pitfalls of budgeting, and how can they be avoided?

ACC 240 Topic 6 DQ 1 In your own words, explain what a budget is and why it is important for a business to have a budget.

ACC 240 Topic 5 DQ 2 • Explain the basic components of cost-volume-profit (CVP) analysis. Why is it important to determine a company's break-even point?

ACC 240 Topic 4 DQ 2 . Explain what is meant by the term "sustainable income". Why is it important to distinguish between sustainable income and actual net income? Is one more important than the other? Please explain.

ACC 240 Topic 2 DQ 2 Describe what a classified balance sheet is. Also, explain why a classified balance sheet might be more advantageous to financial statement readers than the simple balance sheet.

Topic 1 DQ 2 – ACC 240 Accounting is often referred to as "the language of business." Explain in your own words what that expression means.

Topic 1 DQ 1 – ACC 240 Specify your major and identify your career plans. Explain how accounting might help you in your career if you are not planning to be an accountant. What information provided in financial reports would help you in your business?