Graduate School of Business & Management
Self Directed Learning Plan
The Self Directed Learning Plan (SDLP) is a process and document to chronicle your
accomplishments and learning steps through the Masters program and beyon
INTRODUCTION TO ACCOUNTANT RESPONSIBILITY
To begin, an accountants major responsibilities include the preparation of profit and loss
statements and monthly closing and cost accounting reports, compilation and analysis of
financial information to prepare a
Unit 6 Overview
Accountants Liability and Responsibility
Welcome to Unit 6 of AC502!
You have finally arrived at the end of your discussion of regulation. This week you conclude
with what might be the most important topic of this course: accountant respon
Unit 6 Journal Assignment
After reading Chapter 24 Accounts Liability of our textbook I will reflect on my learning
in this unit. There are three things I learned:
1. After an audit is complete, the accountant issues an opinion on
There are two Assignments due this unit
1 of 2: Case Study: Eminent Domain You be the Judge
This case study will assess how well you understand the concept of eminent domain. Begin by
reading the facts of the case: Kelo V. City of New London, CT. Do you a
INTRODUCTION TO ACCOUNTANT RESPONSIBILITY
Accountant responsibility is the ethical obligation of an accountant to the customer that relies on
their work. Accounts are liable for damages to their client in the event of fraud and negligence
and may also be
The Takings Clause prohibits one state from taking private property for public use without just
compensation. Under the Takings Clause, the government maintains the right to seize property
regardless of whether the owner is willing to sale their
Unit 5 Overview
Welcome to Unit 5 of AC502!
This week you are going to discuss property. This topic is more extensive and complex than
many would think. There is intellectual property and real property. There is owned property and
Topic 2: Intellectual property
Derrick buys a CD, but after listening to it, decides he doesnt like the music. May he legally sell
the CD to someone else? If he thinks his cousin would enjoy the music, may he legally copy the
CD for her (at no cost)?
1. Constructive eviction occurs when. (Points : 1)
Landlords substantial interference with a tenants use and enjoyment of the premises.
2. Eric is a clever fellow who knows all about computers. He:
I. Removed the authors name from an article he found on t
Agency and Employment Law
Welcome to Unit 4 of AC502!
This week you are going to discuss a very important concept: the agency relationship. An agency
relationship exists anytime someone acts for someone else. This is more common than one would
1. An agency relationship can be created: (Points : 1)
by the conduct of the parties.
by an oral agreement in all circumstances.
only by a written agreement.
only by the meeting of all the standards of contract law.
2. The goals of the National Labor Rela
Topic 1: Employee Privacy You be the Judge
This Discussion will assess how well you understand what employers may do in regards to
unions. Begin by reading the facts of the case (NLRB v. Truitt Manufacturing Co.), then decide:
Did the company r
Final Project Details
Preview the Final Project - Part 2 (due in Unit 6)
The due dates for this project are as follows:
1. Brief Annotated Bibliography (due Unit 4)
2. Detailed Outline (due Unit 5)
3. Research Paper (due Unit 6
Unit 4 Annotated Bibliography
January 24, 2014
Barnes, G. H., Bogaert, W. T., Hettinger, L. P., Renck, R. L., Rogers, J. C., Strick, D. S., Eisen,
D. S., Piorek, Joanna, Kuzniar, Jason M., Ndulo, N. (2011). Recent Deve
Unit 3 Journal Assignment
Three things I learned:
1. The first thing I learned considering bankruptcy is involving involuntary petition. The
creditors must allege either that either that a custodian for the debtors property has been
appointed in the prior
Unit 3 Overview
Bankruptcy / Government Regulation: Securities and Antitrust
Welcome to Unit 3 of AC502!
This week, you are going to discuss two very different topics: bankruptcy and government
regulation. The unit concludes your discussion of contract la
1. Jerry offers to shovel the snow from Ben's driveway for $35. Ben replies "OK." This is an
example of: (Points : 2)
an implied, unilateral contract.
an express, unilateral contract.
an implied, bilateral contract.
an express, bilateral contract.
1. All but which of the following serves as a discharge of a negotiable instrument: (Points : 1)
2. Which of the following parties has primary liability on a draft? (Points : 1)
Unit 2 Overview
Sales and Product Liability/Negotiable Instruments/Secured Transactions
Welcome to Unit 2 of AC502! Last week you were introduced to contracts. This week, you
continue that discussion with a look at several important contract-related topic
UNIT 2 DISCUSSION
Topic 1: Interpretation of Ambiguity You be the Judge
This Discussion will assess how well you understand the concept of negotiability. Begin by
reading the facts of the case (Blasco v. Money Services Center), then decide: Was this check
A warranty is a contractual assurance that goods will meet certain standards. It is normally a
manufacturer or seller who gives a warranty and a buyer who relies on it. An express warranty is
a warranty that is created by words or actions by the
Chapter 9 - Practice Exam
Match the following terms with their definitions:
(4) A. Implied contract
A party that makes an offer.
(5) B. Mirror image rule.
2. An agreement based on one promise in exchange for another.
(3) C. Offeree
Unit 1 Overview
Welcome to Unit 1 of AC502! This week, you will be discussing contracts. Most of us enter into
contracts every day (for example, every time we sign a receipt), sometimes written and
sometimes verbal. Thus, it is important to unde
Throughout this course, many discussion opportunities come up where you need to respond to
other people's opinions and comments. Address the Discussion topics after you have completed
Topic 1: Consequential Damages You be the Judg
1. Economic entity assumption (45) - (f) indicates that personal and business record keeping
should be separately maintained.
2. Going-concern assumption (46) - (d) Rationale why plant assets are not reported at
liquidation value. (Do not use
Video Case Worksheet
What we know:
The purchase price of the house is $75,000.
Joe has $10,000 in savings.
Joe makes $15 per hour and works 40 hours per week.
30-year mortgage interest rate of 6.25% and a monthly payment o
Chapter 6-Assigned Homework
a. Nov. 30
b. Dec. 28
c. Aug. 28
d. May 5
e. July 22
Interest at Maturity
$140 [$10,500 0.08 (60/360)]
600 [$18,000 0.10 (120/360)]
360 [$12,000 0.12 (90/360)]
225 [$15,000 0.09 (60/360)]
150 [$9,000 0.10 (60/360)]
Question IKEA uses a unique standard formula which brings it global success throughout the markets
this company now occupies.
Question Hill describes "globalization" as a shift from individual local markets more toward a
ACCOUNTING CHANGES AND ERROR ANALYSIS
Change in accounting estimate.
Errors in financial