High School
Accounting Applications Series
ACT
Individual Series
Finance
ACT
In the Accounting Applications Series event, participants will be challenged to perform management functions and tasks focusing on the application of financial data to business planning, including collection and organization of data, development and use of reports, and analysis of data to make business decisions. Concepts include understanding the source and purpose of financial statements, the impact of management decisions on statements, and the analysis and interpretation of data for planning.
You are to assume the role of the new accountant at DENE COMPANY, a company that molds materials into eyeglass frames. The company manager (judge) wants you to calculate ending inventory and cost of goods sold.
You are to assume the role of the new accountant at DENE COMPANY, a company that molds materials into eyeglass frames. The company manager (judge) wants you to calculate ending inventory and cost of goods sold.
You are to assume the role of the new accountant at DENE COMPANY, a company that molds materials into eyeglass frames. The company manager (judge) wants you to calculate ending inventory and cost of goods sold.
You are to assume the role of the senior accountant at MONACO COMPANY. The manager of the company (participant) wants you to correct journal entries and errors made in your absence.
You are to assume the role of the senior accountant at MONACO COMPANY. The manager of the company (participant) wants you to correct journal entries and errors made in your absence.
You are to assume the role of the senior accountant at MONACO COMPANY. The manager of the company (participant) wants you to correct journal entries and errors made in your absence.
You are to assume the role of the accountant for TASTY DAIRY DELIGHT. The owner (judge) is unclear about accounting standards and has asked you to explain auditing and financial reporting.
You are to assume the role of the accountant for TASTY DAIRY DELIGHT. The owner (judge) is unclear about accounting standards and has asked you to explain auditing and financial reporting.
You are to assume the role of the accountant for TASTY DAIRY DELIGHT. The owner (judge) is unclear about accounting standards and has asked you to explain auditing and financial reporting.
You are to assume the role of an accountant hired by a new gym in town to set up the books in a computerized accounting system. The owner of the business (judge) wants you to explain the classification of accounts and the purpose of financial statements.
You are to assume the role of an accountant hired by a new gym in town to set up the books in a computerized accounting system. The owner of the business (judge) wants you to explain the classification of accounts and the purpose of financial statements.
You are to assume the role of an accountant hired by a new gym in town to set up the books in a computerized accounting system. The owner of the business (judge) wants you to explain the classification of accounts and the purpose of financial statements.
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