Section – DAY and TIME /100 Section I: 7 Multiple Choice Questions (3 marks each‚ 21 marks in total) : Please circle the single best answer for the multiple-choice questions. 1. Which of the following terms is NOT an objective of a management accounting system? a. identify the cost of resources consumed in performing significant activities of the firm b. determine the efficiency and effectiveness of the activities performed. c. Identify and evaluate new activities that can improve the future
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seven such requests from public sector banks in the last one year‚ much higher by any yardstick. The reasons are no rocket science. With the economy wobbling‚ bad loans are rising to alarming proportions. So‚ the profitability has come under strain‚ especially for the stateowned ones. And this is serving as a perfect alibi for promoters to divert money for their personal ends. The situation is so grim that the last fiscal saw net non-performing assets (NPAs) for public sector banks (PSBs) firming up
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Executive Summary: Marijwhatnow? Was a public sector campaign delivered in 2012 by the Seattle Police Department following the passing of Initiative 502 in Seattle‚ which legalised adult possession and recreational use of marijuana. The Seattle authorities’ goal from this campaign was to inform the public of the changes in the State law regarding marijuana and also to promote safe use of the drug. The campaign was light-hearted and humorous and was made up of several elements including a blog with
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The Manager and Management Accounting Copyright © 2015 Pearson Education‚ Inc. All Rights Reserved 1. 2. 3. Distinguish financial accounting from management accounting Understand how management accountants help firms make strategic decisions Describe the set of business functions in the value chain and identify the dimensions of performance that customers are expecting of companies Copyright © 2015 Pearson Education‚ Inc. All Rights Reserved. 1-2 4. 5. 6. 7. Explain the five-step decision-making
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* 11. Copyright ©2010 by South-Western‚ a division of Cengage Learning. All rights reserved.11Humanistic PerspectiveLed by Mary Parker Follett and Chester BarnardIt was Mary Parker Follett who defined management as getting things done through peopleImportance of understanding human behaviors: needs‚ attitudes and social interactionsHuman Relations MovementHuman Resources PerspectiveBehavioral Sciences0 * 12. Humanistic PerspectiveEmphasized understanding human behavior.Dealt with needs &
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Q: Based on your readings and your personal experiences‚ prepare a summary of your understanding of the role of project management in today’s business environment. Project management is getting things done on time and under budget and also in scope; Project manager should know the scope very well and it is important to track the process as well. There are so many project management tools available for example Microsoft project server is the best example we can come up with. When the full project
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406 ACC 2301 INTRODUCTORY MANAGEMENT ACCOUNTING Section 011 (Monday) Final Exam‚ Winter Term 2012 (May 25th‚ 2012‚ 1:10 p.m. - 3:10 p.m. in Room TRS2-147) INSTRUCTIONS TO STUDENTS: 1. This 2-hour test consists of 5 questions (7 pages). 2. Marks total 45. 3. All questions must be answered on this paper in the spaces following the questions. Pages are not to be separated and all pages must be submitted without exception. 4. Calculator (model Royal XE24 or XE36
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The functions of management have been in practice since around 500BC. There are four functions that have been used since then: planning‚ management‚ organizing‚ and leading. These four functions have set the stepping stone for managers throughout the centuries. As time has evolved; functions of management have too. During World War II‚ various contemporary approaches of management have emerged. There are four different approaches‚ socio-technology theory‚ quantitative management‚ organizational behavior
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The Changing Role of Human Resources Management The ever-changing roles within human resources management (HRM)‚ in response to trends‚ are from a dynamic environment and the importance of HRM. Every changing organization has a need for a HRM to respond and implement changes. The organizations driven by e-business and technology need to be ready to respond and adapt to the environmental changes and should focus on satisfying the company’s customer needs. In this role‚ the HRM contributes
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John Martin August 2‚ 2011 Accounting 521 Term Project Management Accounting in an Amoeba Management Profit Center Setting Introduction A profit center is a when a responsibility center’s performance is measured in terms of a profit. Both departmental revenue and costs are accounted for. The resulting profit (or loss) directly affects the bottom line of a company’s overall financial performance. Any department‚ division‚ business unit‚ etc. within an organization’s structure can be designated‚ structured
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