CGA-CANADA ADVANCED MANAGEMENT ACCOUNTING [MA2] EXAMINATION March 2011 Marks 30 Time: 3 Hours Question 1 Select the best answer for each of the following unrelated items. Answer each of these items in your examination booklet by giving the number of your choice. For example‚ if the best answer for item (a) is (1)‚ write (a)(1) in your examination booklet. If more than one answer is given for an item‚ that item will not be marked. Incorrect answers will be marked as zero. Marks will not be awarded
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Appendix a: History of management thought I. INTRODUCTION The systematic study of management began during the latter decades of the nineteenth century‚ after the industrial revolution had swept through Europe and America. • With the introduction of steam power and sophisticated machinery and equipment‚ the industrial revolution changed the way things were produced. Large factories operated by semi-skilled or unskilled workers were replacing small shops run by craftsmen. • Owners
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AC4321 Management Accounting S04 Group4 Hui Yan Shan 53034152 Kwan Mei Yee 53023082 Siu lai Kwan 52692231 SU Chingting 52480431 ZENG Mengyun 52639616 Zhou Yunqi 52638828 1. CRC will improve its ability to plan its cash receipts. For the new membership and fee structure‚ it is more predictable in a sense that CRC get the prepaid membership fees at the beginning of the year. In addition‚ by using new membership and fee structure‚ cash receipts are also more certain. Since there are
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Introduction: The basic objective of accounting is to provide information that is useful in making business and economic decisions. What makes accounting information useful for decision-making? The answer is however the accounting information confirms to the qualities that should be possessed by the financial and cost & Managerial reporting. In view and addition to this‚ the importance of strategic cost management and costing techniques like Activity based costing should not be underestimated. This
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For the requirements in Management Accounting (ACC510M) AY 2010-2011‚ 3rd Trimester Submitted to: Professor Jolly B. Cruz Submitted by: Presenting Group 5 Kelvin L. Go Elmer V. Dela Cruz Joshua G. Soriano Jeffrey T. Tabangcura Kristian Jewel P. Taiño Grace Taguinod 26 February 2011 CASE BACKGROUND Baldwin Bicycle Company (BBC) is a mid-range full-line bicycle manufacturing company with 40 years’ experience. BBC produced 98‚791 units accounting for over $10MM in revenues
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Introduction to Cost and Management Accounting Lecturer: Nadini Persaud Contact Information: Email: nadini.persaud@cavehill.uwi.edu npersaud07@yahoo.com Office Location: Upstairs Main Library Tel: 417-4296 (DOMS General Office) 417-4297 (NP Office) March 2nd 2013 mid-term exam Contents Decision Making 3 Theory of Constraints 4 IMA Guidelines for Ethical Behavior 4 Competence 4 Confidentiality 5 Integrity 5 Credibility 5 Corporate Social Responsibility
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Fundamentals of Cost and Management Accounting Part Four: Allocation of Support Department Costs‚ Common Costs and Revenues Exercise No. 4 الاسم: الرقم الأكاديمي: رقم الشعبة: Choose the best answer for every question of the following questions: 1) Max’s Movie Store encounters revenue-allocation decisions with its bundled product sales. Here‚ two or more of the movie videos are sold as a single package. Managers
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subject/unit (link to assessment tasks (refer to 2.4 below)): 2. (a) Demonstrate knowledge of the links between management accounting‚ customers‚ suppliers and sources of external information and appreciate what is relevant to decision-making in a Management Accounting context. (b) Effectively use costing techniques and describe the strengths and limitations of such techniques (c) Analyse accounting information and present reports in various formats (d) Describe and utilise the basic concepts of planning
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HISTORY OF ACCOUNTING LEARNING OUTCOMES Understand the history of accounting dating from prehistoric times to written record keeping. Identify the seven preconditions for the emergence of systematic book keeping. Know Luca Pacioll contributions in introducing double entry book keeping. Accounting is a tool‚ invented by humankind‚ to fulfill needs of society. Unlike the explorers of the past who discovered new lands‚ accounting cannot in any true sense be said to have been discovered
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A budget according to Drury (2008) can be defined as a financial plan for implementing the various decisions that management has made or a quantitative expression of planned activities. In addition‚ a budget is an estimate of costs‚ revenues‚ and resources over a specified period‚ reflecting a reading of future financial conditions and goals. It an organization‚ it is one of the most important administrative tools‚ as it serves as a plan of action for achieving quantified objectives and is a device
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