ACC2131 Cost Information for Decision Making Week 3 (Chapter 2) Tutorial Solutions Semester 1‚ 2015 Note to students: Beware! These solutions are not necessarily model answers. In exams‚ you will not have demonstrated your understanding of the answers to these exercises if you seek only to memorise them. You are encouraged to use tutorial time to discuss issues that will test and clarify your understanding of these exercises‚ as well as expanding your analytical and critical-thinking skills. 2.5
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management recommendations. Advantage - Less expensive‚ ability already known‚ fosters loyalty and increases motivation (Shermerhorn page 287) Describe two initiatives that a company can take to help its employees to balance work with their lives? (2 Marks) One mark each for proper description of any two appropriate initiatives including: Flexible working hours‚ work from home (telecommuting)‚ vacations‚ paid leave‚ leaves of absence‚ job sharing‚ on-site daycare‚ elder care assistance‚ concierge
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RELS 2001 Midterm Study Guide Spring 2013 Date: 7/2 You are required to bring Blue Books for the exam. They are available at the Student Government Office (4th floor‚ University Center‚ right above the bookstore) for free. I will collect all your Blue Books and redistribute them before the exam. Also‚ you will be strictly required to leave all your cell phones and bags (along with all reading materials) in the front of the class. Any kind of academic dishonesty will not be tolerated
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Glossary Chapter 1 accounting information system (AIS) A specialized subsystem of the IS that collects‚ processes‚ and reports information related to the financial aspects of business events. accuracy The correspondence or agreement between the information and the actual events or objects that the information represents. availability Relates to information being available when required by the business process now and in the future. It also concerns the safeguarding of necessary resources
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Making some unrealistic assumption II. PPF Model A. Only 2 goods: computers and cars (don’t care about the cost yet) B. Resources and technological levels are constant C. Downward slope D. Moving to the right‚ more cars‚ less computers 1. Scarcity: more for one good‚ less for the other 2. Tradeoffs: not both‚ only either or E. Efficiency: using all resources → on the curve 1. Little inefficiency is living “inside the curve” – reality 2. “outside the curve” → unattainable or not feasible F
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1-6 1-9 1-6 1-4 1-2 LO2 Disaggregate operating return (RNOA) into components of profitability and asset turnover. 1‚ 7-9 10-14 7-9 5-6 1-3 LO3 Explain nonoperating return and compute it from return on equity and the operating return. 1-2‚ 10-11 15-17 10 7-8 1-2‚ 4 LO4 Compute and interpret measures of liquidity and solvency. 1‚ 12-14 18-24 11-14 9-10 1-2‚ 5-6 LO5 Describe and illustrate traditional DuPont disaggregation of ROE. 1‚ 15 25 15 11 1-2‚ 7 Module 4: Analyzing
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limited knowledge of the theatre B) someone who never likes anything C) someone who does not appreciate theatre as an art form D) someone who observes theatre and then analyzes and comments on it Points Earned: 2.0/2.0 Correct Answer(s): D 2. Which of the following is NOT an appropriate space for an off-off Broadway production? A) church B) warehouse C) basement D) none of the above Points Earned: 2.0/2.0 Correct Answer(s): D 3. In the Stanislavski system‚ what is referred
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directors decided to remodel the mansion and use it as recuperative quarters for patients willing to pay a premium for luxurious accommodations. The cost to the hospital of using the mansion includes Selected Answer: d. both b and c Question 2 0 out of 0.5 points Which of the following statements is false? Selected Answer: c. d If economic profit is positive‚ accounting profit must also be positive. Question 3 0.5 out of 0.5 points Economic profit is the best measure
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1. Explain the three (3) key competencies needed by Human Resource professionals to become full business partners? Rank the three (3) in order of importance in your opinion and discuss the rationale behind your rankings. To become a Human Resources professional and to be considered successful in the role‚ each individual much possess these competencies to be considered top executive. Business mastery‚ HR mastery‚ and personal credibility will propel a HR employee to a top executive HR manager
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1. (TCO 12) Formal systems for shop floor control under JIT are _____. (Points : 5) very necessary complex largely unnecessary essential Question 2. 2. (TCO 2) The problem with a schedule board is _____. (Points : 5) not a good technique to use with a manual system difficulty in updating data. it is easy to use in a complex system requiring constant updating it is not used to schedule the work for each work or machine center Question
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