Describe the type offormer employer processes and correlates

Assignment Help Accounting Basics
Reference no: EM13861640

Q1 Describe the type of data your current or former employer processes and correlates for us how those data are transformed into information. Is it a mostly manual process or an automated process? In terms of system integration (or lack thereof), discuss how any comprehensive reports prepared for decision makers are compiled by your company, past or present.

Q2 There are four main methods for documenting specific business processes, systems, and so on. If your company asked you to document the workflow in your department, where would you start and why? How would that change if the company asked you to document the AIS itself rather than the workflow?

Q3 Hello everyone! What knowledge, skills, and abilities (KSAs) are required of a management accountant to be an effective resource to management? Anyone?

Q4 Is there a professional association that can help the management accountant determine what is (and what is not) ethical conduct in his/her daily work? Anyone?

Q5 How does cost accounting support both managerial and financial accounting, specifically? Anyone?

Q6 If a cost can be traced directly to its cost object, why might a company choose not to trace, but rather, to include the cost in the indirect cost category and allocate on some arbitrary basis? Explain the advantages and disadvantages of tracing versus not tracing.

Q7 To add, I would also refer to the cost-benefit accounting principle...if the cost to trace a cost directly to a product is higher than the  benefit to be derived, then allocate the cost to the product indirectly (manufacturing overhead)... let's discuss manufacturing overhead in a bit more detail....which costs would be considered overhead in say, for example, a soft drink manufacturer? Anyone?

Q8 Hello everyone, let's also discuss variable versus fixed costs....examples? Anyone?

 

Reference no: EM13861640

Questions Cloud

Patient visits per day to community clinic : Given the production function between nurse hours and patient visits per day to a community clinic, how will each of the following shift this function: A change inures remuneration from salary to fee for service. A change in the case mix of patients,..
Problem regarding the cvp analysis : (CVP Analysis)-Use the following to answer questions 1-8:
What are the costs of operating the clinic : St. Mary's Hospital owns a prime piece of real estate in the center of town. There is a small shopping center on this piece of land. Rents for each store are $4,000 per month. It hires three nurses monthly at $3,000 each. Furnishings are included in ..
What should you have as goals in your interviews : What questions should you ask and what information should you collect from the ICP while he/she is on the telephone with you? At this early juncture, should you consider initiating an investigation about these 2 cases? What should you have as goal..
Describe the type offormer employer processes and correlates : Describe the type of data your current or former employer processes and correlates for us how those data are transformed into information
Identify the soaps as well as the speakers tone : Identify the SOAPS as well as the speaker's tone. Make plenty of notes, ask lots of questions, and highlight or underline anything you may wish to quote in your paper.
Determine the fourier transform methods : Determine the Fourier transform methods to determine the response of the following systems for the given input
Cause movement along the demand curve : State whether each of the following events will cause a movement along the demand curve for Big Mac or whether it will cause the demand curve for Big Mac to shift? Fast-food restaurants post nutrition warning labels.
Process improvement framework and problem solving framework : Compare and contrast the fundamental differences between process improvement framework and problem solving framework. Provide one (1) example of business management applying each framework to support your response.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Compare the gaap and non-gaap data

1. Compare the GAAP and Non-GAAP data and discuss their impact on the financial statements. 2. Which method best reflects the economic reality?

  Provide pro-forma financial statements

Prepare a consolidated balance sheet (January 1, 2012) - assuming the acquisition had taken place on January 1, 2012 (remember to provide work paper detail).

  Ginvold co began operating a subsidiary in a foreign

ginvold co. began operating a subsidiary in a foreign country on january 1 2013 by acquiring all of the common stock

  On may 1 carter inc factored 800000 of accounts receivable

on may 1 carter inc. factored 800000 of accounts receivable with rapid finance on a without recourse basis. under the

  Purrfect pets had 6000 of supplies at the end of october

purrfect pets had 6000 of supplies at the end of october. during november the company bought 2000 of supplies. at the

  Mozena corporation has collected the following information

mozena corporation has collected the following information after its first year of sales. sales were 1600000 on 100000

  Langston automotive accessories applies overhead using a

langston automotive accessories applies overhead using a combined rate for fixed and variable oh. the rate is 250

  Question regarding the spark organization

SPARK was incorporated as a nonprofit voluntary health and welfare organization on January 1, 2015. During the fiscal year ended December 31, 2015, the following transactions occurred:

  Does the price asked seem to be a real bargain

Does the price asked seem to be a real bargain? Consider the fair value of the entire equity of Al's Hardware; then decide if the price is reasonable for a 60% Interest.

  What would the normal balance be of a liability account

What would the normal balance be of a liability account a post closing trial balance? A revenue account? Drawing? Explain.

  Which types of transfers are most likely to increase risk

Based on your research, determine the types and methods of transfers that will most likely trigger a taxable event for your client. Indicate how you are likely to present this information to your client.

  Variable cost per unit based problem

If a firm has fixed cost of $30,000, a price of $4.00, and a breakeven point of $15,000 units, the variable cost per unit is:

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd