Managerial Accounting Chapter # 01 Homework 1 01) How does managerial accounting differ from financial accounting? A: Managerial accounting is concerned with providing information to managers for use inside the organization. Financial accounting is con¬cerned with providing information to stockhold¬ers‚ creditors‚ and others outside of the organi¬zation. 02) Pick any major television network and describe some planning and control activities that its managers would engage in. A: Five examples
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Managerial Ethics Personal Learning Paper This paper is a summary of my understanding of how ethics has helped base my belief system on a personal level as well as in the workplace as a professional. The learning process is perpetual and the recent class on Managerial ethics has given me new insightson how I can still hold onto my own values while remaining respectful to those whovalue different ethical perspectives.Ethics can be defined as a philosophical study of moral values based on the
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FY-01 Evolving role of Management Accounting Managerial accounting is the process of identifying‚ measuring‚ analyzing‚ interpreting‚ and communicating information in pursuit of an organization’s goals. Managerial accounting is an integral part of the management process‚ and managerial accountants are important strategic partners in an organization’s management team. The relation between accounting and management has been commonly expressed by the phrase‚ “Accounting is a tool of management”
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Unit 203: Communication and Professional Relationships with Children‚ Young People and Adults Assignment 1 Assessment criteria 2.1‚ 2.2‚ 3.2‚ 3.3‚ 3.4 Introduction The principles of relationship building with children and adults in any context are that if others are comfortable in our company‚ they will be more likely to communicate effectively. Where people do not get along or are suspicious of one another‚ the tendency is that they will avoid one another whenever possible and so reduce opportunities
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"Managerial ethics help to guide decision making and the organization of internal and external behavior. Ethical problems usually arise from a conflict between an individual or group and the company‚ division or department as a whole. Companies have created a set of values and standards that are recognized by managers and consistently referenced during the work day have created an ethical platform that can operate managers and make decisions. Training managers on the specifics of managerial ethics
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Unit 301 Communication and professional relationships with children‚ young people and adults. Outcome 1 1.1 Effective communication with children‚ young people and adults is important because it is the firm basis of a relationship. Building a good relationship help’s people of all ages to feel understood‚ supported and happier in their lives. For a child‚ young person and adult to have good communication skills can help them to address problems that may arise in a positive manner. 1.2 Building
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nearest yard‚ follow. These data are available on the excel file “Golf”. Managerial Report 1. Formulate and present the rationale for the hypothesis test that par could use to compare the driving distances of the current and new golf balls. 2. Analyze the data to provide the hypothesis testing conclusion. What is the p-value for the test? What is your recommendation for Par‚ Inc.? 3. Provide descriptive statistical summaries of the data for each model. 4. What is the 95%
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Managerial Skill What are the traits of a good manager? Stated precisely‚ a good manager is the one who has loads of confidence in his own abilities and possesses managerial skills like leadership‚decision making abilities‚ multitasking and an uncanny knack to motivate employees. Leadership Qualities Leadership and management are inseparably intertwined. A good manager has to be a good leader as he has to guide a team of people towards common goals . Communication Basic management skills like
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1. Know how to interact with and respond to children and young people (1.1) Describe how to establish respectful‚ professional relationships with children and young people (1.2) Describe with examples how to behave appropriately for a child or young person’s stage of development To establish respectful and professional relationships with children and young people‚ there are many procedures to achieve this. The way to do this would be by the way an adult interacts with a child
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UNIT 2: COMMUNICATION AND PROFESSIONAL RELATIONSHIPS WITH CHILDREN‚ YOUNG PEOPLE AND ADULTS. 1. How to interact with and respond to children and young people. 1.1 In order to establish respectful and professional relationships with children we must firstly try to remember childrens names and how to pronounce them. A lot of modern names are spelled very differently and I feel it is very important to children that we use them correctly. We have a child in school whose name is ‘Maya’ it is
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