Unit 1 Introduction to Managerial Accounting Stephanie Curry Kristina Unutoa American InterContinental University 03/31/2013 Abstract In this report we will be going over the objectives and characteristics of an internal accounting system‚ the importance of accounting information to the company‚ and the ethics in business and the managing accountant’s role. “HOW THE INTERNAL ACCOUTNING SYSTEM WORKS ON THE INSIDE” Introduction: The managerial accounting system is developed to give data
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In America’s 1920’s there was a huge clash of beliefs and opinions. A new modern outlook had appeared and many peopled followed it. There were many conflicts between these new viewpoints like the famed‚ Scopes “Monkey” Trial and the 18th Amendment which prohibited the manufacture‚ sale‚ transport‚ import‚ or export of alcoholic beverages. The 1920’s was a decade of reform in almost every aspect of society; life was modernizing. Americans experienced a differentiating of opinions throughout the decade
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School Counselor’s Role Marjorie Sutton‚ School Counselor RH Dana Elementary Some people wonder… What do school counselors DO? School Counseling Programs Are About RESULTS! How are students different as a result of the school counseling program? General Goals of the School Counseling Program Support the school’s academic mission Ensure equity and access for every student Provide personal/social support for students‚ family‚ and staff School Counselors Affect Change In Students: AQUIRE
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INTRODUCTION : Managerial accounting is concerned with providing information to managers – that is ‚ people inside an organization who direct or control it’s operations. Via managerial accounting managers understood that good business results come from dynamic processes ‚ procedures and practices that are well designed and properly implemented and managed. Certified management accountants are qualified to help their fellow managers achieve good business results because they have earned an advanced
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Time Value of Money Q1. Mr. Sundaram is planning to retire this year. His company can pay him a lump sum retirement payments of Rs 2‚ 00‚000 or Rs 25‚000 life time annuity whichever he chooses. Mr. Sundaram is in good health and estimates to live for at least 20 more years. If his interest rate is 12%‚ which alternative should he choose? Ans Present Value of Annuity 25000*7.469*1.12 = 2‚09‚132 Which is greater than lump sum value of Rs. 2‚00‚000. So Annuity option is better
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Managerial Roles (Chris van Overveen - Senior Consultant Trimitra Consultants) To meet the many demands of performing their functions‚ managers assume multiple roles. A role is an organized set of behaviors. Henry Mintzberg has identified ten roles common to the work of all managers. The ten roles are divided into three groups: interpersonal‚ informational‚ and decisional. The informational roles link all managerial work together. The interpersonal roles ensure that information is provided.
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people wonder if sports were different 80 years ago than it is today. Well I have done some research and figured out the answer. With the research I have found I determined that sports have changed a little bit but overall each sport is basically the same. Some of examples of sports that have not changed a lot are hockey‚ baseball and the Olympics. Hockey’s National Hockey League got started in 1920‚ which is still around today. The game has changed slightly since its beginning but it is not a whole
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Essay America has changed in many ways overtime. America use to be very religous‚ and Christian life styles were a big part of people. Also African Americans were treated horrible by White people. At this time there was still racial segregation. Women’s lifestyle has also changed very much. Women did not have much freedom at the time. During the time the laws favored white men. Women’s rights have changed dramatically overtime. During this time women had no political rights
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(ACF) was 435% of direct labor dollar cost. Calculated the overhead allocation rate using the 1987 model year budget. Calculate the overhead allocation rate for each of the model years 1988 through 1990. Are the changes since 1987 in overhead allocation rates significant? Why have these changes occurred? Solution: Based on the given info we calculate Overhead Allocation Rate =Overhead for PeriodAllocation Base for Period for each allocation bases vis. Sales‚ Direct Material and Direct Labor
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Change over time Essay Role of Cities Between 1000 and 1900 C.E. the role of cities in Europe experienced drastic changes both culturally and economically. Europe experienced cultural and agricultural revolutions in the beginning of 1000 B.C. The main causes for these were the crusades and new trade that came along with it. New cultures began to develop and new innovative ideas were also the change crusades had brought to European cities. Around the 1300’s the black plague had devastated
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