ACC 225
Week Eight (Week 8) Solution
CheckPoint: Internal Control and Bank Reconciliations
• Resource: Fundamental Accounting Principles, pp. 335 and 336
• Due Date: Day 4 [Individual] forum
• Complete Quick Study question QS 8-6 on p. 335, and Exercises 8-3 and 8-4 on p. 336.
• Post your answers as an attachment.
Assignment: Internal Control and Bank Reconciliations
• Resource: Fundamental Accounting Principles, pp. 338 and 339
• Due Date: Day 7 [Individual] forum
• Complete Problems 8-1A, 8-3A, and 8-4A (including the Analysis
Component) on pp. 338-339. When responding to the cases in 8-1A, be sure
to think critically about each case. Identify the principles of
internal control that has been violated, and give an explanation of why
you think that principle has been violated. Identify the consequences of
the actions described in the cases. Make a recommendation for what the
business should do to ensure adherence to principles of internal
control.
• Use the spreadsheet in Appendix B available on aXcess to complete
Problem 8-4A. Be sure to use the tabs labeled SP08-04A and Given P08-04A
Click here for the solution: ACC 225 Week Eight (Week 8) Solution
