Accounting Question

There are only 2 short answer/essay questions to follow, but some may have sub-components. Each question is assigned a certain number of points, for a total of 100 points. Answers will be scored on (1) correctly identifying the issue(s), (2) referencing appropriate rules or authority when called for, and (3) most importantly, thorough and complete analysis. When possible, you should make assumptions to keep your analysis going. If there are differences in the rules under the AICPA Code, California rules, or other laws, you should be prepared to address and distinguish any similarities or differences.