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Question : 1. Under accrual accounting, revenue recognized: A. when cash received, and expenses, when : 1224877

Accounting

1. Under accrual accounting, revenue is recognized: 
A. when cash is received, and expenses, when cash is paid.
B. when cash is received, and expenses, when they are incurred.
C. when it is earned, and expenses, when the costs are incurred.
D. When it is earned, and expenses when cash is paid.

 

2. Glass Corporation sold merchandise to a customer for $30,000 on credit on July 15. The customer paid Glass the amount due on July 31. Under the accrual basis of accounting, how should Glass record the transaction? 
A. Glass should recognize the revenue on July 31.
B. The July 15th transaction increases revenue, but has no effect on assets because cash has not been received.
C. Revenue is recognized after the cost of the merchandise sold has been paid by Glass Corporation
D. Revenue is recognized on July 15. The July 31st transaction has no effect on total assets under the accrual basis.

3. GMC sells cars and pays each salesperson a commission of $800 for each car sold. During the month of December, a salesperson, Tom, sold 3 new cars. GMC pays commissions on the 5th day of the month following the sale. Tom operates on the cash basis; the car dealer operates on the accrual basis. Which of the following statements is true? 
A. Tom will recognize commission revenue earned in the amount of $2,400 in December.
B. GMC will recognize commission expense in the amount of $2,400 in December.
C. Tom will recognize commission expense in the amount of $2,400 in January.
D. Tom will recognize revenue in the same month that the car dealer recognizes expense.

4. Under which accounting method are revenues and expenses recognized in the same accounting period that cash receipts and payments occur? 
A. Under the cash basis of accounting
B. Under the accrual basis of accounting
C. Under the percentage of sales method of accounting
D. Under the direct write-off method of accounting

5. Which of the following concepts is important to accrual accounting? 
A. Time period, because accrual accounting divides earnings into time periods.
B. Market basis, because inflation is a big factor in the environment.
C. Cash basis, because if cash is not received, revenue is not accrued.
D. Entity concept, because personal transactions must be separated from business transactions.

6. Which of the following statements present financial information based on the cash basis of accounting? 
A. Balance Sheet
B. Income Statement
C. Statement of Retained Earnings
D. Statement of Cash Flows

7. FedZ is a local package delivery service. If FedZ uses accrual basis of accounting, when should it recognize revenue from its package delivery service? 
A. At the date the customer places the order
B. At the date the packages are delivered
C. At the date the invoice is mailed to the customer
D. At the date the customer’s payment is received

8. Using the accrual basis of accounting, when is revenue from the sale of merchandise normally recognized? 
A. On the date the sale is made.
B. On the date the customer pays for the merchandise.
C. Either on the date on which the sale occurs, or the date on which the customer pays.
D. When the merchandise is sold, if sold for cash, or when payment is received, if sold on credit.

9. Brooks Company sells merchandise to customers. Under the accrual basis of accounting, Brooks should normally recognize: 
A. revenue and the related expenses in the same accounting period as earned, whether payment is received or not.
B. revenue when cash is collected and expenses when Brooks pays its creditor for the merchandise.
C. revenue and expenses after all payments are made.
D. expenses in the period the merchandise is sold and defer revenue recognition until the customer pays for the merchandise.

10. Under accrual basis of accounting, expenses are be matched against revenue: 
A. if the earnings process is not complete.
B. when cash is collected from the sale of products.
C. in the same period as the revenue that it helped to generate.
D. when payment is made for costs related to revenue.

 

 

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July 1, 2023
    

 

Instructions for Essay 1:  Rhetorical Analysis / Reader Response

You have already written two brief rhetorical analyses in this unit.  For your major essay, you will write another rhetorical analysis, this time combined with a response or rebuttal.

Format:  MLA paper format and documentation.

Sources:  at least one source (the essay you are analyzing).  Use of additional sources is encouraged but not required.

Length: Three pages,  approx 800 – 1000 words

Due Date: Refer to the assignment calendar for this course.

First,  read/view the texts that I have provided for you in the folder “Texts for Essay #1” located just below these instructions.  Choose one of these texts to be the subject of your analysis and response. You will notice that there are a variety of texts to choose from, including videos and hybrid written/spoken multimedia texts.

Approach your rhetorical analysis much like you have with the previous assignments in this unit.  Identify elements such as audience, purpose and context as a means of understanding how the text communicates its main idea (also known as a thesis).  Also identify and provide examples of the types of appeals used by the author, pathos, logos, ethos, etc.

The new element for this assignment is that you will be responding to the main idea or thesis of the text that you are analyzing.  In other words, once you have established what the text’s thesis is and how it communicates that thesis, you will then need to add your own voice, ideas and opinions to the mix.  Think of it as joining a conversation.  Do you think the author of the original text is mistaken?  Has he/she failed to consider some important point?  Or do you agree with the author?  Perhaps you can provide additional reasons, examples and evidence to support the thesis.  Sometimes you can both agree and disagree with the author, but if you do so, be sure to clearly identify which portions you agree with and which you disagree with. 

 

You can also use the following questions to help you generate ideas.  

1. What is the author's purpose?  What does he or she hope to achieve?

2. Who is the intended audience?  How do you know?

3. Identify the types of appeals made by the author (logos, pathos, ethos).  How effective are they?

4. What do you know about the author?  Do you find him or her credible (ethos)?  Why or why not?

5. What evidence does the author provide to support the argument?  Is the evidence relevant and trustworthy?

6. What is the setting or context?  In other words, what event or problem inspired the author to write the essay?

7. Describe the author's tone or attitude.  Is it serious, flippant, angry or sarcastic? How does the attitude affect the argument?

The questions above are here to provide you some guidance in writing your analysis.  However, you should not merely string together a series of short answers to the questions.  Your analysis should be written in essay format, with an introduction, multiple body paragraphs and a conclusion. 

An outline of your essay might look like this:

Introduction

            Identify the text, the author and the subject matter. Make sure your reader knows what you will be talking about in your analysis.

Rhetorical analysis

            Analyze the rhetorical situation (audience, purpose, context, visual or spatial elements, auditory elements, etc.)   Explain how these elements, along with the author's use of logos, pathos, and ethos are used to persuade or convince the audience and evaluate the effectiveness of these elements.  This section might be several paragraphs long.

Response

            Respond to the author’s thesis by agreeing/disagreeing.  Add your own ideas opinions and examples.

Conclusion

            Wrap up the essay by restating your conclusions and position on the topic. 

Here is the Article:

  

 

Should Apple be Forced to Unlock an iPhone?

The link is here:

https://www.wired.com/2016/02/forcing-apple-hack-iphone-sets-dangerous-precedent/

default image
July 1, 2023
    

 

Instructions for Essay 1:  Rhetorical Analysis / Reader Response

You have already written two brief rhetorical analyses in this unit.  For your major essay, you will write another rhetorical analysis, this time combined with a response or rebuttal.

Format:  MLA paper format and documentation.

Sources:  at least one source (the essay you are analyzing).  Use of additional sources is encouraged but not required.

Length: Three pages,  approx 800 – 1000 words

Due Date: Refer to the assignment calendar for this course.

First,  read/view the texts that I have provided for you in the folder “Texts for Essay #1” located just below these instructions.  Choose one of these texts to be the subject of your analysis and response. You will notice that there are a variety of texts to choose from, including videos and hybrid written/spoken multimedia texts.

Approach your rhetorical analysis much like you have with the previous assignments in this unit.  Identify elements such as audience, purpose and context as a means of understanding how the text communicates its main idea (also known as a thesis).  Also identify and provide examples of the types of appeals used by the author, pathos, logos, ethos, etc.

The new element for this assignment is that you will be responding to the main idea or thesis of the text that you are analyzing.  In other words, once you have established what the text’s thesis is and how it communicates that thesis, you will then need to add your own voice, ideas and opinions to the mix.  Think of it as joining a conversation.  Do you think the author of the original text is mistaken?  Has he/she failed to consider some important point?  Or do you agree with the author?  Perhaps you can provide additional reasons, examples and evidence to support the thesis.  Sometimes you can both agree and disagree with the author, but if you do so, be sure to clearly identify which portions you agree with and which you disagree with. 

 

You can also use the following questions to help you generate ideas.  

1. What is the author's purpose?  What does he or she hope to achieve?

2. Who is the intended audience?  How do you know?

3. Identify the types of appeals made by the author (logos, pathos, ethos).  How effective are they?

4. What do you know about the author?  Do you find him or her credible (ethos)?  Why or why not?

5. What evidence does the author provide to support the argument?  Is the evidence relevant and trustworthy?

6. What is the setting or context?  In other words, what event or problem inspired the author to write the essay?

7. Describe the author's tone or attitude.  Is it serious, flippant, angry or sarcastic? How does the attitude affect the argument?

The questions above are here to provide you some guidance in writing your analysis.  However, you should not merely string together a series of short answers to the questions.  Your analysis should be written in essay format, with an introduction, multiple body paragraphs and a conclusion. 

An outline of your essay might look like this:

Introduction

            Identify the text, the author and the subject matter. Make sure your reader knows what you will be talking about in your analysis.

Rhetorical analysis

            Analyze the rhetorical situation (audience, purpose, context, visual or spatial elements, auditory elements, etc.)   Explain how these elements, along with the author's use of logos, pathos, and ethos are used to persuade or convince the audience and evaluate the effectiveness of these elements.  This section might be several paragraphs long.

Response

            Respond to the author’s thesis by agreeing/disagreeing.  Add your own ideas opinions and examples.

Conclusion

            Wrap up the essay by restating your conclusions and position on the topic. 

Here is the Article:

  

 

Should Apple be Forced to Unlock an iPhone?

The link is here:

https://www.wired.com/2016/02/forcing-apple-hack-iphone-sets-dangerous-precedent/

default image
July 1, 2023
    

 

Instructions for Essay 1:  Rhetorical Analysis / Reader Response

You have already written two brief rhetorical analyses in this unit.  For your major essay, you will write another rhetorical analysis, this time combined with a response or rebuttal.

Format:  MLA paper format and documentation.

Sources:  at least one source (the essay you are analyzing).  Use of additional sources is encouraged but not required.

Length: Three pages,  approx 800 – 1000 words

Due Date: Refer to the assignment calendar for this course.

First,  read/view the texts that I have provided for you in the folder “Texts for Essay #1” located just below these instructions.  Choose one of these texts to be the subject of your analysis and response. You will notice that there are a variety of texts to choose from, including videos and hybrid written/spoken multimedia texts.

Approach your rhetorical analysis much like you have with the previous assignments in this unit.  Identify elements such as audience, purpose and context as a means of understanding how the text communicates its main idea (also known as a thesis).  Also identify and provide examples of the types of appeals used by the author, pathos, logos, ethos, etc.

The new element for this assignment is that you will be responding to the main idea or thesis of the text that you are analyzing.  In other words, once you have established what the text’s thesis is and how it communicates that thesis, you will then need to add your own voice, ideas and opinions to the mix.  Think of it as joining a conversation.  Do you think the author of the original text is mistaken?  Has he/she failed to consider some important point?  Or do you agree with the author?  Perhaps you can provide additional reasons, examples and evidence to support the thesis.  Sometimes you can both agree and disagree with the author, but if you do so, be sure to clearly identify which portions you agree with and which you disagree with. 

 

You can also use the following questions to help you generate ideas.  

1. What is the author's purpose?  What does he or she hope to achieve?

2. Who is the intended audience?  How do you know?

3. Identify the types of appeals made by the author (logos, pathos, ethos).  How effective are they?

4. What do you know about the author?  Do you find him or her credible (ethos)?  Why or why not?

5. What evidence does the author provide to support the argument?  Is the evidence relevant and trustworthy?

6. What is the setting or context?  In other words, what event or problem inspired the author to write the essay?

7. Describe the author's tone or attitude.  Is it serious, flippant, angry or sarcastic? How does the attitude affect the argument?

The questions above are here to provide you some guidance in writing your analysis.  However, you should not merely string together a series of short answers to the questions.  Your analysis should be written in essay format, with an introduction, multiple body paragraphs and a conclusion. 

An outline of your essay might look like this:

Introduction

            Identify the text, the author and the subject matter. Make sure your reader knows what you will be talking about in your analysis.

Rhetorical analysis

            Analyze the rhetorical situation (audience, purpose, context, visual or spatial elements, auditory elements, etc.)   Explain how these elements, along with the author's use of logos, pathos, and ethos are used to persuade or convince the audience and evaluate the effectiveness of these elements.  This section might be several paragraphs long.

Response

            Respond to the author’s thesis by agreeing/disagreeing.  Add your own ideas opinions and examples.

Conclusion

            Wrap up the essay by restating your conclusions and position on the topic. 

Here is the Article:

  

 

Should Apple be Forced to Unlock an iPhone?

The link is here:

https://www.wired.com/2016/02/forcing-apple-hack-iphone-sets-dangerous-precedent/

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