ACC 400 Week 3 DQS


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ACC 400 Week 3 DQS

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DQ 1
 
What are examples of irregular items? How does a change in accounting principles affect the financial statements? Who in the organization is responsible for the application of a change in an accounting principle? Why?
 
DQ 2
 
What is horizontal analysis? What is the value in using horizontal analysis? Why would a company use this analysis? What does this analysis tell you?
 
DQ 3
 
What are the three most common types of ratios? Why are they important? Which ratios would you use to determine the long-term viability of an organization? Why?

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