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There are additional cost classifications that managers generally consider. For example, when they are planning for exclusively variable cost items, the cost driver activity expected for each period provides the underlying function. On the other hand when planning for many fixed cost items managers must consider the time frame as it becomes the primary underlying a function. There are two basic types of fixed costs that must be considered in conjunction with the timeframe perspective - committed costs and discretionary costs. A committed cost is expected to be incurred in conjunction with the execution of the company's long-range policy decisions which policy the firm has "committed" itself to follow. A discretionary cost can be adjusted during the short range period; this generally means annually. This cost is considered in conjunction with the available resources and is used as part of the prioritization of annual budget requests. What examples can you think of that are generally committed costs? Explain. What about examples of discretionary costs? Explain.
Based on the following table of risk-adjusted discount rates, should the project be undertaken? Select the apporpriate discount rate and then compute the net present value.
An aged shopping mall is undergoing renovations and the management company has hired you to coordinate an "exiting entertainment extravaganza" to celebrate their grand reopening. They want to tie this in with a special "Midnight Madness Sale" prom..
When financial statements are prepared, an expense must be recognized and the receivable balance reduced to net realizable value. However, in the above adjusting entry, why was the accounts receivable account not directly decreased by $7,000 to th..
You're going to go to a job interview for OU Car Co. Knowing that the field is highly competitive, you have run sales scenarios ahead of time experimenting with different numbers of customers and vehicle profits given that in one month OU Car Co.
conducting exit interviewsexit interviews can be a great source of information by providing managers insight into the
discuss us immigrationquestions- do you think there is a solution to the us immigration problem? what factors go into
What is Corporate Culture? Might corporate culture be considered a contributor to workplace discrimination? How so? Please use examples/cases to support your response. Please use class material to support your answer.
Is this practice ethical or not ethical? Defend your answer based on the different type of ethical theories.
Identify the type of change Explain how the change was communicated Identify which leaders were involved in the communication
What was the manager's position from a risk management perspective? How did you handle the conflict? Please use a pseudonym for the employer.
Write a one-page Issue Proposal. The issue you are proposing is the topic you will pursue for your course project. You need to include the following items in the contents of your Issue Proposal.
Forecasts have powerful influence on what companies do, through budgets and other planning procedures. Thus, forecasting merits significant management attention
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