University of Phoenix ACC 561 Accounting Study Guides and An

University of Phoenix ACC 561 Accounting Study Guides and Answers
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DESCRIPTION FOR THIS STUDY GUIDE:
Select a Virtual Organization using the student website. Assume your organization is privately held, wants to expand operations, and is faced with three options for expansion:
•	Going public through an IPO
•	Acquiring another organization in the same industry
•	Merging with another organization
Write a 1,050- to 1,400-word paper in which you compare and contrast options and make a recommendation about which strategy the organization must choose. Address the following:
•	Strengths of each approach
•	Weaknesses of each approach
•	Opportunities of each approach
•	Threats of each approach
Also consider the following as it relates to all three options should the organization pursue an international location:
•	Effects of globalization on financial decisions
•	Factors that contribute to exchange rate risks
•	Mitigating exchange rate risk
Format your paper consistent with APA guidelines.

Berry’s Bug Blasters: THIS TUTORIAL IS 1,140 WORDS WITH 8 REFERENCES IN CORRECT APA FORMAT – GRADED
University of Phoenix ACC 561 Accounting Study Guides and Answers
This course applies accounting tools to make management decisions. Students learn to evaluate
organizational performance from accounting information. Other topics include financial
statements, cost behavior, cost allocation, budgets, and control systems.
•	Week One: Decision Making
• Explain the role of budgets and performance reports in the management decision-making
process.
• Evaluate the role of ethics in accounting decision making.
• Evaluate relevant accounting information for business decision making.
•	Week Two: Financial Statements
• Apply the concepts, techniques, and conventions of basic financial accounting.
• Identify how measurement conventions affect financial reporting.
• Determine the relationships between the elements of the four financial statements.
•	Week Three: Cost Behavior
• Evaluate how cost behavior affects selection of cost drivers and management decisions.
• Analyze the cost-volume-profit relationships to predict effects of changes in sales or
costs, including the break-even sales volume.
• Compare and contrast the different methods of measuring cost functions.
• Explain how cost accounting systems are used to determine the cost of a product,
service, customer, or other cost objectives.
•	Week Four: Budgets
• Explain the major components, advantages, and disadvantages of a master budget.
• Assess the risks associated with sales forecasting.
• Construct an activity-based flexible budget.
•	Week Five: Cost Allocation
• Explain the methods of cost allocation.
• Analyze how factory overhead is applied to products.
• Compare and contrast uses of variable and absorption costing.
•	Week Six: Performance Management
• Evaluate how managers use control systems to achieve organizational goals.
• Compute return on investment, residual income, and economic value added.