A scenario where the student assumes the role of a junior accountant for Toyda, a car manufacturer, and must make a judgment about the need to impair its production facilities.
A scenario where the student assumes the role of the controller for JK, a technology company, and must make a judgment about the carrying value of its LIFO inventory considering the lower of cost of market.
A scenario where the student assumes the role of the controller for Wildcat Sporting Goods and must make a judgment about the allowance for doubtful accounts