ACCT2522 Management Accounting 1 Session 1‚ 2013 Tutorial Week 3 – Cost basics Overall Theme We will explore fundamental assumptions of cost functions and discuss the relationships between cost behaviour‚ cost estimation and cost prediction. The concept of cost driver analysis and its application to cost estimation and cost management will also be discussed. We will also describe how to estimate cost behaviour using managerial judgment‚ engineering methods and other quantitative techniques.
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punishments to achieve the most profitable outcome. Reputational concerns are tied to this principle due to the fact that increased profits may play as incentives and motivators which can encourage unethical decisions that can mar a firm’s reputation. 3) Define the Nash equilibrium. Why is this concept applicable to many oligopoly industries? Nash equilibrium is a set of mixed strategies for limited and non-cooperative match between two or more firms in which no firm can improve its payoff by switching
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Case Study Objectives and Discussion Questions Week 5 Case 6: Dell Inc. in 2008 [Objectives] Provides sufficient information for students to complete a thorough SWOT analysis and to develop a solid list of key success factors and driving forces [Discussion questions] 1. What is your evaluation of Michael Dell’s performance in his roles as Dell’s CEO and Chairman? How well has he performed the five tasks of crafting and executing strategy that were discussed
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rely on the warrior on their right to protect them with their shield. After this episode‚ I am sure that Alessandro will never forget how his shield should be leaning against him‚ ready for him at a moments notice. Warriors need to overcome fear. 3) How is Spartan family life portrayed? What is the role of women in this society and what is their status? Family honor is a characteristic of the family. This is shown when Dienekes marries his brother Roosters wife and takes his baby as his own. He
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culture they can go back where they came from and learn it. With that being said‚ this lady was being racist. Individuals like the one mentioned above will continue to make negative comments instead of seeing the positive outcomes of such programs. 3. Why do you think Mexican American Studies is considered threatening or even "anti-American" to those in
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contrast at least two financial ratios that support the rating agency’s claims. Speculate on how the ratios are likely to change considering the economic environment in which it operates. Support your position. The two companies that I choose for this discussion are the American Express‚ Inc. and the General Electric Company. Both of them received negative rating from the Thomson Reuters Stockreport + and both of them is under the -2 category. As I research on the ratios that these rating companies might
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This document MGT 401 Week 1 Discussion Question 2 Risk Control includes right solutions of the following questions: "What are the primary elements of each of the three types of risk control? Assume you are in a hazard hunt; list a few factors in your job that may contribute to a hazard and how likely is it that a hazardous situation will occur? Respond to at least two of your classmates Business - Management The Environment . Why is it deemed necessary to protect the environment? What does
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Ch. 18-20 1. How does Edna spend most of her time in this section of the book? 2. What is Leonce’s reaction? 3. How does Edna feel about her painting? 4. If Edna recognizes that she is not an artist‚ then why does she paint? 5. What is the significance of the song Edna sings while she paints? 6. How sympathetic toward Edna does Chopin seem? 7. How is Victor a kind of exaggeration of Robert? 8. What does Edna learn about Robert while she is there? Why does this depress her? 9. What has
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• Review the “Reasonable SMART Goal Setting” tutorial and answer the following questions: How do you prioritize equally important goals? How do you maintain flexibility and focus in reaching these goals? There are different points and times in everyone’s life where one goal will overlap another or one goal will become more important than another. The ability to step back‚ take a second look and then reevaluate a problem or obstacle in order to come up with a new plan or solution is a very important
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Determine which level of measurement— nominal‚ ordinal‚ interval‚ or ratio—is used in the following examples. The Association of Accountants is conducting a survey to determine the ranking of the top 100 accounting firms in the world. Ordinal How many years did it take you to earn your college degree? Ratio On a questionnaire which asks for gender‚ males are coded as 1 and females are coded as 2. Interval Respondents are asked to rate a list of high-tech companies as excellent‚ good‚ fair‚ or
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