UNIVERSITY DEPARTMENT OF MANAGEMENT STUDIES P1BAA03 ACCOUNTING FOR MANAGERS Time: 3 Hrs Maximum: 100 marks PART-A (10 x 2 marks = 20 marks) Answer ANY TEN Questions. Each question carries 2 marks 1. Define Accounting. 2. Explain accounting cycle. 3. What are current assets? 4. What is net working capital? 5. What Trial Balance? 6. State any two advantages of fund flow statement. 7. Define costing?
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Examining the Role of the Financial Manager Corporations operating in the United States are becoming more transparent in today ’s markets‚ mainly due to the Sarbanes-Oxley Act of 2002. Accountability has been increasingly placed on senior corporate officers to comply with the government regulations and validate the financial information presented to the firm ’s stockholders. The fact is that this does not always ensure a firm ’s financial managers‚ employees or the shareholders viewpoints on maximizing
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Bentley Management – 100 Individual Essay Semester 1 2012 Student Name: Dhanshree Rajegaonkar Student ID: 16159493 Email: dhanshree.rajegaonkar@gmail.com Every organisation need a good business structure‚ and the make the organisation successful they need a combination of experienced and skilled people; Managers and Leaders are some of the key people to make an organization successful. Some managers are leaders and some leaders are managers but essentially the characteristics of a manager and leader
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Roles of Managers and Individuals Paper Roles of Managers and Individuals Paper Managing the change process in an organization can be difficult for all individuals’ involved included management as well as the employees. A manager’s role during the process is to be positive‚ honest‚ and supportive by providing as much information as possible to the employees involved in the change. Most importantly the manager should lead by example and the employees will follow. An individual’s role during the
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Human resources management is a series of corporate human resource policy and management activities. These activities consist primarily of corporate human resources strategy development‚ staff recruitment and selection performance management‚ ‚training and development‚ compensation management‚ employee turnover management‚ employee relations management‚ employee safety and health management. : The use of modern management methods‚ (optional)‚ development (education)‚ keep (to keep people) and utilization
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Apart from the effective management of time for getting things done‚ the basic things to be followed are career planning‚ effective team building‚ improve as a communicator‚ on motivating others‚ controlling recession driven economic scenario and must be a leader as well as manager. Management is an art of making people more effective than they would have been without you. There are four basic pillars in management: Planning‚ Organising‚ Directing and Monitoring.
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enterprises. Henry ford‚ Irving Berlins‚ Bill Gates‚ King Gillette and Rose Perot were people who envisioned a dream and took risk to achieve this Dream. They marched to a different beat. They were innovators‚ inventors‚ and adventurers. Entrepreneurship is a social phenomenon and it is not inherent within a person‚ rather it exists in the interaction between people. To be a successful Entrepreneur it requires practicing as a manager by acquiring various skills and efforts in learning to understand a business
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1. When adding new shares to a portfolio‚ the higher (that is‚ more positive) the degree of correlation between these shares and those already in the portfolio‚ a) the greater the benefits of the additional portfolio diversification b) the smaller the benefits of the additional portfolio diversification c) Not enough information given d) None of the above 2. Portfolio A has but one share‚ while Portfolio B has 100 shares. Because of diversification‚ we know that Portfolio B will have the lower
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do you deliver the best solutions for customers‚ and the best returns to shareholders? * Where should you focus amidst this complexity? What is your competitive advantage? Which markets‚ brands‚ products and customers should you prioritize in order to maximize value creation? * What is your defining purpose? How do you reflect the aspirations of your stakeholders? How could you make more of your brand‚ in new markets or applications? And how do you capture its full impact
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successful manager Manager means a person who plans‚ organizes‚ directs‚ and controls the allocation of human‚ material‚ financial‚ and information resources in pursuit of the organization’s goal. There are many different kinds of managers such as department managers‚ product managers‚ account managers‚ plant managers‚ division managers‚ district managers‚ and task force managers. But in different types of organizations‚ they need different kinds of managers. Such as‚ First-line Managers‚ Middle Managers
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