CHAPTER 4: VARIABLES AND ARITHMETIC OPERATION 1. Name three numeric data types that can contain a decimal point. 2. Write a Dim statement for each of the following variables using the variable type and variable name that would be best for each value. a. Population of the Philippines b. Your weekly baon c. The smallest data type you can use for your age. d. A constant for the first initial of your first name e. The minimum allowance in a month f. The name of the city in which you live g. The answer
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Accounting (Managerial) 530 Portfolio Case Study Imagine you are applying to become a trainee in a management consulting company‚ Solutions Inc.‚ which claims to deliver innovative solutions. They are looking for innovative employees who engage with their work. The selection process will be rigorous. You know you will be asked to submit reports based on questions regarding your knowledge of management accounting practice and strategic management accounting. To provide a context for the reports
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Midterm: Jose Barela Managerial Accounting 2025 For the second part‚ answer the following questions. Submit this portion of the midterm as a Word document. 1. You want to use break-even and target profit analysis with respect to the introduction of a new product in the marketplace. Your manager says you are wasting your time because the best determination of profitability is the income statement after this product has been introduced. Explain why your manager is wrong. In order to fully understand
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operational inefficiency. intangible benefits: There might be promotion of organizational learning and understanding‚ because they were in the project to learn. There might be improved processing efficiency‚ because they know the procedures more better.4.ANS: We think it might be a high-risk project since the project size and structure are pretty large‚ and the user group don’t seem very familiar with the development process. Since larger projects and little familiarity cause higher risks‚ We justify
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Chapter 4_class exercise True/False 1. The forecasting time horizon and the forecasting techniques used tend to vary over the life cycle of a product. Answer: TRUE 2. A time-series model uses a series of past data points to make the forecast. Answer: TRUE 3. Cycles and random variations are both components of time series. Answer: TRUE 4. One advantage of exponential smoothing is the limited amount of record keeping involved. Answer: TRUE 5. If a forecast is consistently greater
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CHAPTER 1 THE ACCOUNTANT’S ROLE IN THE ORGANIZATION TRUE/FALSE 1. Management accounting information focuses on external reporting. Answer: False Difficulty: 1 Objective: 1 Terms to Learn: management accounting Management accounting information focuses on internal reporting. 2. A good cost accounting system is narrowly focused on a continuous reduction of costs. Answer: False Difficulty: 2 Objective: 1 Terms to Learn: cost accounting A good cost accounting system
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CHAPTER 4 PRESENTATION‚ ANALYSIS AND INTERPRETATION OF DATA This chapter presents the analysis and interpretation of data gathered out of the instruments used in the study‚ and is presented according to the specific problem sited in chapter 1 and should present the answer to the test of the hypotheses. The result of the study is presented using the tabular presentations (use of statistical table)‚ graphical presentation (use of graphs)‚ and textual presentations (use of statements or sentences)
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Chapter 1 1 Introduction Economics and managerial decision making 2 Economics: The study of the behavior of human beings in producing‚ distributing and consuming material goods and services in a world of scarce resources Management: The science of organizing and allocating a firm’s scarce resources to achieve its desired objectives Managerial economics: The use of economic analysis to make business decisions involving the best use (allocation) of an organization’s scarce
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Chapter 3 #2 - When is a company’s competitive advantage most likely to endure over time? A company’s competitive advantage is most likely to endure over time when the company has built barriers to imitation‚ which make it difficult for a competitor to copy the company’s distinctive competencies. Another element needed is the ability to quickly react to changes in the customer’s needs and have a high absorptive capacity in order to identify‚ value‚ assimilate‚ and use new knowledge. Lastly‚ the
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Course: Managerial Accounting (ACCTG 4B) – Fall 2014 Lab Assignment No: 8 (Chapter 23) Assignment Due Date: 10/30/14 by 6:00AM Instructions Complete the following problems; make sure to include your calculations. Any incomplete work or partially completed will automatically receive zero points. PART I: Herron Company has budgeted the following unit sales: 2008 Units April 25‚000 May 50‚000 June 75‚000 July 45‚000 Of the units budgeted‚ 40% are sold by the Southern Division at an average
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