Solution-Discuss fundamental of cost management

Discuss fundamental of cost management

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Reference no: EM132561456

Management Controls Systems:

Question 1: For this question, assume that the owner of ABC has left you a voicemail and wants your advice. The owner has an opportunity to merge with 2 other companies and to hire managers for each of the 3 business units. The 2 other companies are in music development (mostly for TV commercials) and growing exotic flowers and plants (for which the owner thinks the visual displays of ABC are a good match). However, the owner is concerned about how to control these 3 different companies. The owner asks you for a list or outline of the major things that the owner should think about as this new company arrangement is formed.

Fundamental of Cost Management:

Question 2: For Small Constructional Company, discuss any TWO of the concepts or tools from Chapter 10 (Fundamental of Cost Management) and how you would recommend the company uses those tools in order to IMPROVE PROFITABILITY over the next 3 years.

Reference no: EM132561456

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Discuss fundamental of cost management

Reference no: EM132561456

Reference no: EM132561456

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Cost Accounting Questions & Answers

Cost accounting assignment

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Effect of exchange rate changes on cash and cash

Corporate governance

Cost-benefit analysis

Non-annual interest rates and annuities

Job costing in service organizations

Accounting for bad debt expense

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Development of relevant cash flows

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