Short answer questions-managerial accounting

Assignment Help Managerial Accounting
Reference no: EM1348469

1) How are managerial accounting concepts useful for a decision-maker at any level in an organization? Make sure to include different levels of decision-makers in your reply.

2) In what ways can management accountants enhance the performance evaluation procedures in organizations? Should performance evaluation be based on numerical values or qualitative data?

3) What do you see as the major impediments to effective budgeting in organizations? Why?

4) How relevant should allocated costs be in product-costing decisions? Why?

5) What are the major benefits of using transfer pricing in organizations? What are the disadvantages?

 

Reference no: EM1348469

Questions Cloud

Question on sunk cost : Differentiate among sunk costs, opportunity costs, and relevant costs. Choose one cost and discuss a situation where and why a manager from Anthony's Orchards would use that cost.
Explain work in a large multinational enterprise : Describe The study of international business is fine if you are going to work in a large multinational enterprise
Illustrate what happen if her actual disposable income : Illustrate what happen if her actual disposable income is $16,000, her level of consumption or saving will be.
Determine appropriate portfolio beta : If someone were highly averse to risk, what type of beta would he or she be interested in when researching a company to add to an investment portfolio?
Short answer questions-managerial accounting : What do you see as the major impediments to effective budgeting in organizations? Why? How relevant should allocated costs be in product-costing decisions? Why? What are the major benefits of using transfer pricing in organizations? What are the disa..
Companies tend to stress individual goals : While American companies tend to stress individual goals, achievement, and reward, Japanese companies
How far from the base of the cliff will the lemming land : Two identical positive charges exert a repulsive force of 6.6 x10-9 N when separated by a distance of 5.4 10-10 m. what is the charge of each.
Aspects of cognitive performance : Describe the impact of the following drugs on the different aspects of cognitive performance.
Calculate the pmt for amortizing loan : A homeowner borrows $1,000,000 on a mortgage loan, and the loan is to be repaid in thirty equal payments at end of each of the next thirty years.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Three planned promotion displays

Home Auto has not yet purchased any of the promotion items for next week. Should management substitute the Armadillo car wax for one of the three planned promotion displays? If so, which one?

  Pricing decision for ace manufacturing

Ace Manufacturing earns revenues of $2,100,000 annually on 150,000 unit sales of industrial part. The part is priced at $14 each. A potential customer, in industry that the company has not previously served

  Social and environmental accountability

AGL has published an annual sustainability report since 2004 to communicate sustainability performance in the areas of customers, community, people, economic, climate change and environment.

  Create journal entries for each transaction

Create journal entries for each transaction. Using the journal entries as a guide, show whether every transaction would be handled as revenue or an expense using both the cash and accrual by completing the table provided.

  Joint cost-utilization of scarce resources

The Dallas plant of Oscar Chemical processes talphazine into zetazine and gammazine. A batch comprises of 20,000 gallons of talphazine, costing $11,000.

  Differences between budget and cafr

Write down the difference between the budget and Comprehensive Annual Financial Report (CAFR)? Describe and provide examples.

  Advertising budget

Suppose you're a field marketing professional, responsible for marketing your company's products in South Florida region of medium-size corporation. One day you receive the CD from your corporate marketing group (based in Detroit, Michigan) which ..

  Identifying cost behavior patterns

How would a knowledge of cost behavior patterns such as those above be of help to a manager in analyzing the cost structure of his or her company?

  Discussion of value added tax-federal budget process

To assist in providing new revenues to the federal government, some have proposed a value added tax (VAT) similar to those employed in the United Kingdom and Canada. What are the pros and cons of introducing this kind of national sales tax? Explai..

  Standard costing system

Reed company employs a standard costing system. Manufacturing overhead is applied to products based on machine hours (MH). Employ the following information to make the needed calculations:

  Ramifications of price discrimination

Thomas Selling, an expert on nuclear strategy and arms control, examined in his book The Strategy of Conflict (Cambridge, MA: Harvard University Press, 1960), " The power to constrain the adversary depends on the power to bind oneself." Describe t..

  Flexible budgets-design and budget elements

Design and Budget Elements of Proposal Paper Select a proposal type and make a 1050- to 1750-word paper selecting one of following elements in budget proposals:

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd