{"id":50378,"date":"2018-02-20T23:50:30","date_gmt":"2018-02-20T23:50:30","guid":{"rendered":"https:\/\/writemyessayfree.com\/ms6010-m1a3-oaes-questions"},"modified":"2017-08-16T12:28:14","modified_gmt":"2017-08-16T12:28:14","slug":"ms6010-m1a3-oaes-questions","status":"publish","type":"post","link":"https:\/\/www.benedictsol.com\/blogs\/ms6010-m1a3-oaes-questions\/","title":{"rendered":"MS6010 &#8211; M1A3 OAES Questions"},"content":{"rendered":"<p>Read the <a href=\"http:\/\/vizedhtmlcontent.next.ecollege.com\/pub\/content\/498561a3-4a7c-46d2-8f39-7ecbc2cc8d27\/AU_Success_on_the_OAES_AU.pdf\" rel=\"nofollow noopener\" target=\"_blank\">Success on the OAES<\/a> document for full instructions about how to use this system. Assigned questions for <b>Module 1<\/b> are below.<b>The following will be 2 points each:<\/b> 1-1: Explain why stewardship is an important concept. 1-2: What three traditional functions does accounting fulfill? 1-3: What types of groups regulate financial accounting statements? 1-4: What is managerial accounting and how is it different from financial accounting? 2-1: Explain value based management and shareholder value. 2-2: What are some of the rights of shareholders in companies today? 2-3: What is a financial audit? 3-1: What elements or categories are on each of the financial statements? The OAES has two questions for this item, part a and part b. 3-2: Which general ledger accounts would be affected by the purchase of goods on credit for later resale? 3-3: Which general ledger accounts would be affected by the purchase of a computer for business on credit?<b>Use the following information to answer Questions 3-4 to 3-8 (6 points each)<\/b> Kochyo purchases an inventory of spare parts on credit from its suppliers for $15,000. During the month Kochyo pays its suppliers $10,000 and sells spare parts (which cost the business $8,000) to its customers on credit for $20,000. Customers pay Kochyo $12,000 during the month. 3-4: How much does inventory change? 3-5: How much does payables change? 3-6: What is the change in receivables? 3-7: What is the change in net profit? 3-8: How much does the bank account change?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Read the Success on the OAES document for full instructions about how to use this system. Assigned questions for Module 1 are below.The following will be 2 points each: 1-1: Explain why stewardship is an important concept. 1-2: What three <a href=\"https:\/\/www.benedictsol.com\/blogs\/ms6010-m1a3-oaes-questions\/\" class=\"read-more\">Read More &#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-50378","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/50378","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=50378"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/50378\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=50378"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=50378"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=50378"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}