Please wait until the chapter has been fully covered in class to answer all of the participation questions in Webcourses.  

Instructions:

What: After class is 100% completed for each chapter, you will be asked to answer 5 questions that pertain to the class materials (not necessarily from the textbook, but based on the class viewed live or via video). The questions are available for approximately one week after each chapter is completed. Although your ability to answer the questions in Webcourses is limited in time, the class videos will remain available in Webcourses throughout the semester. Please wait until the chapter has been fully covered to answer all of the participation questions in Webcourses.

Questions:

• • How much ‘inventory’ did Apple sell in 2015?
  • At what amount is inventory recorded in the balance sheet?
  • Reduced selling price of inventory, Cost of inventory, or Market selling price of inventory
  • What company was featured in the video we watched showing the receipt and shipment of inventory products?
  • Apple, Amazon, Fed Ex, or Sears
  • How many inventory costing methods were introduced in this chapter (we only focus on 2, but more were introduced)?
  • 3, 4, 5, or 6
  • What inventory costing method does Apple use?
  • Specific Unit, Weighted Average, FIFO, or LIFO

Why: The participation questions are designed to make sure you are engaging with the course materials on a timely and consistent basis.  

Evaluation: You have only 1 attempt for the participation questions.