Semester One Examination 2008 Faculty of Business and Economics Department of Accounting and Finance EXAM CODES: TITLE OF PAPER: EXAM DURATION: READING TIME: AFF3111 FINANCIAL PLANNING ENVIRONMENT 3 hours 10 minutes THIS PAPER IS FOR STUDENTS STUDYING AT: (office use only - tick where applicable) Berwick Caulfield Clayton Gippsland Peninsula Sunway Distance Education Enhancement Studies Open Learning Other (specify) During an exam‚ you must not have in your possession‚ a book‚ notes‚ paper‚ calculator
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HOW MANAGERIAL ACCOUNTING ADDS VALUE TO ORGANIZATION 1. INTRODUCTION Management accounting provides accounting and related information to support the management of an organization in its internal decision-making. It includes product costing‚ relevant costing‚ cost-volume-profit analysis‚ capital budgeting‚ and operational‚ tactical‚ and strategic planning. A major activity included in the management accounting is the measurement of costs of processes that create value. Management accounting is
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Chapter 1 Cost Accounting: Information for Decision Making Solutions to Review Questions 1-1. Financial accounting is designed to provide information about the firm to external users. External users include investors‚ creditors‚ government authorities‚ regulators‚ customers‚ competitors‚ suppliers‚ labor unions‚ and so on. Cost accounting systems are designed to provide information to internal users (managers). This difference is important‚ because it affects the design of the systems. Financial
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following discussion‚ I will examine how senior management in general and MBA graduates in particular can use the field of Managerial Accounting to make decisions/plan and control employees in order to maximise Profits. For clarity throughout this essay‚ senior managers and MBA graduates should be considered as one in the same. Managerial Accounting Defined Managerial Accounting is the process of using information systems to provide data to senior managers who then use this data for decision-making/planning
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________ view is the three-pane PowerPoint default view. Answer | | Reading | | | Normal | | | Sorter | | | Outline | The ________ tab allows you to include a media object in your presentation. Answer | | copy | | | save | | | insert | | | paste | A hierarchy of organized text with main points and subpoints is called a(n) ________. Answer | | sample | | | outline | | | slide | | | sorter | A(n) ________ is movement that occurs between slides
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Answers:- 1. How would you describe Stephen Schwarzman’s personality? Stephen Schwarzman is very detailed and careful person . Much of his decision making is guided by his coaches advice that‚ “you’ve got to make your deposits before you can make a withdrawal.” As a consequence is his extremely conscientious and risk averse. According to Personality Dimension‚ a person who is conscientiousness is dependable‚ responsible‚ achievement oriented and persistent. Mistakes‚ no matter how small
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Over the history of our country‚ Indians owned the lands and prospered‚ but a foreign country would always discover the riches of this land‚ and try to either kill the natives or make them slaves to gain the countries riches for the foreigners benefit. Through different historical documents‚ one can see the differences in how people felt about the Indians‚ and what should be done about them. Bartolome de Las Casas‚ who was born in Spain‚ and went to Cuba to fight for the Spaniards‚ later became
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Karen Horney (neo Freudian) -development of women (radical theory) feminist psychologist -criticize Freud’s for being arelational -kicked out from psychoanalytic practice -challenges Freud Her views: We are born with real self (innate) drive to realization; how does th real self fit with the environment ; need for security (security‚ warmth‚ freedom to express one self‚ guidance and limits * If poor fit with the environment‚ the kids need for security grow‚ if the need for security
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Definition of ethics in Islamic perspectives According to (Loeb 1971) the word “ethics” originates from the Greek word “ethos”‚ which means “character‚ spirit and attitude of a group of people or culture”. Based on the Oxford Dictionary‚ ethics can be defined as a system of moral principles (rule of conduct) by which human actions may be judged as good or bad. Ethics deals with those standards that prescribe what man out to do. It also addresses virtues‚ duties‚ and attitudes of the individual and
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ECS1260-65 ECONOMICS (FOR BUSINESS AND) MANAGEMENT 2012-13 Seminar Exercises 16 (to take place in Week 20 starting 11th March 2013) 1) Please say whether the following statements are true or false: a. The main functions of money are the medium of exchange‚ store of value and unit of account. b. The monetary base is cash in circulation plus bank deposits. c. Money supply is monetary base plus bank deposits. d. When the Central Bank acts as a lender of last resort‚ it is
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