Assignment 2: Discussion—Ethical Issues

Review the Ethical Issue: Dobbs Wholesale Antiques in chapter 5 (Page 317). By Saturday, July 8, 2017, address the following in your initial post:

1. Under Dobbs FOB policy, when should the company record a sale?
2. Do you approve or disapprove of Dobbs’s manner of deciding when to ship goods to customers and record the sales revenue? If you approve, give your reason. If you disapprove, identify a better way to decide when to ship goods. Is there an accounting rule against Dobbs’s practice?

By the end of the week, provide substantive responses to at least two other students’ initial posts.

Assignment 2: Discussion—Ethical Issues

Review the Ethical Issue: Dobbs Wholesale Antiques in chapter 5 (Page 317). By Saturday, July 8, 2017, address the following in your initial post:

1. Under Dobbs FOB policy, when should the company record a sale?
2. Do you approve or disapprove of Dobbs’s manner of deciding when to ship goods to customers and record the sales revenue? If you approve, give your reason. If you disapprove, identify a better way to decide when to ship goods. Is there an accounting rule against Dobbs’s practice?

By the end of the week, provide substantive responses to at least two other students’ initial posts.

Assignment 3: LASA 1: MyAccountingLab Post-Tests

In each module of this course, you will complete textbook exercises and problems using MyAccountingLab. The exercises and problems in this assignment provide real-world examples that give you an opportunity to apply your knowledge of the concepts covered in prior modules.

In this assignment, you will complete the following MyAccountingLab Post Tests:

• Chapter 1-B Post Test
• Chapter 2-B Post Test
• Chapter 3-B Post Test
• Chapter 4-B Post Test

Click here to access MyAccountingLab

You will be given the opportunity to take the post-tests a maximum of three times. You will have until Wednesday, July 12, 2017 to complete you final submission. Due to the ability to attempt this assignment multiple times, it is recommended that you complete your first attempt early in the module in order to provide yourself additional time to complete your second or third attempt if needed.   Since this assignment reviews items covered in prior modules, it is also recommended that you review your prior My Accounting Lab assignments, as well as any feedback provided by your instructor prior to completing this assignment.