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  • SAS12-ACC111 DelaFuenteMichael

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    Michael Angelo Dela Fuente
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    The document appears to be notes from a student on Module 12 of an accounting course covering inventory systems used by government and non-profit organizations. It includes a list of inventory types held by government like supplies, equipment, and items held for consumption or manufacturing. The student notes learning about the FIFO and weighted average cost inventory methods commonly used by government. The remainder of the document seems to be self-assessment activities with answers on inventory accounting concepts from the module.

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    SAS12-ACC111_DelaFuenteMichael

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    The document appears to be notes from a student on Module 12 of an accounting course covering inventory systems used by government and non-profit organizations. It includes a list of inventory types held by government like supplies, equipment, and items held for consumption or manufacturing. The student notes learning about the FIFO and weighted average cost inventory methods commonly used by government. The remainder of the document seems to be self-assessment activities with answers on inventory accounting concepts from the module.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    8 views2 pages

    SAS12-ACC111 DelaFuenteMichael

    Uploaded by

    Michael Angelo Dela Fuente
    The document appears to be notes from a student on Module 12 of an accounting course covering inventory systems used by government and non-profit organizations. It includes a list of inventory types held by government like supplies, equipment, and items held for consumption or manufacturing. The student notes learning about the FIFO and weighted average cost inventory methods commonly used by government. The remainder of the document seems to be self-assessment activities with answers on inventory accounting concepts from the module.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    Michael Angelo L.

    Dela Fuente
    Block 4-01
    ACC 111 | Accounting for Government and Non-Profit Organizations

    Student Activity Sheets Module #12

    WHAT I KNOW WHAT I LEARNED


    Give at least three
    Supplies, Machine, and examples Inventory Held for
    equipment inventories of the Consumption, Semi-
    government.. Expendable Propert,
    and Inventory Held for
    Manufacturing.

    FIFO Method What inventory system Weighted average cost


    does the
    government use?

    2) Activity 3: Skill-building Activities (with answer key) (18 mins + 2 mins


    checking)
    True or False.

    1. FALSE
    2. FALSE
    3. TRUE
    4. FALSE
    5. FALSE
    6. FALSE
    7. FALSE
    8. FALSE
    9. FALSE
    10. TRUE

    4) Activity 5: Check for Understanding (5 mins)

    1. A
    2. D
    3. B
    4. D
    5. C
    6. C
    7. A
    8. A
    9. B
    10. D
    How do you feel today?
    I feel (unsatisfactory/satisfactory/excellent) because
    =I feel satisfactory because I learned again about the lesson of this topic.

    What are your challenges in learning the concepts in this module? If you do
    not have challenges, what is your best learning for today?
    =N/A

    What are the questions/thoughts you want to share to your teacher today?
    =N/A

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