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ACCT 224 DeVry Week 6 Assignment You Decide

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<strong>ACCT</strong> <strong>224</strong> <strong>DeVry</strong> <strong>Week</strong> 6 <strong>Assignment</strong> <strong>You</strong><br />

<strong>Decide</strong><br />

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<strong>ACCT</strong> <strong>224</strong> <strong>DeVry</strong> <strong>Week</strong> 6 <strong>Assignment</strong> <strong>You</strong> <strong>Decide</strong><br />

<strong>ACCT</strong><strong>224</strong><br />

<strong>ACCT</strong> <strong>224</strong> <strong>DeVry</strong> <strong>Week</strong> 6 <strong>Assignment</strong> <strong>You</strong> <strong>Decide</strong><br />

Activity<br />

Prepare a two- to three-page paper (approximately 350 words per page) explaining the following to the Erbs:<br />

<br />

<br />

<br />

What constitutes a business expense?<br />

The difference between a business and a hobby.<br />

The difference between the cash and accrual methods.<br />

Grading Rubric:<br />

Category Points Description<br />

Comprehension 10<br />

Analysis 15<br />

Execution 5<br />

Total 30<br />

Demonstrate a strong grasp of the problem at hand. Demonstrate understanding of<br />

how the course concepts apply to the problem.<br />

Apply original thought to solving the business problem. Correctly apply concepts from<br />

the course material toward solving the business problem.<br />

Write your answer clearly and succinctly, using strong organization and proper<br />

grammar. Use citations correctly.<br />

A quality paper will meet or exceed all of the above requirements.

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