How costs are computed and assigned to cost pools

Assignment Help Financial Accounting

Reference no: EM133373410

Questions:

Discussion Thread: Variable Costing & Segment Reporting, Activity Based Costing, and Master Budgeting

This is a graded discussion: 50 points possible due Feb 16 22 unread replies.22 replies.

Select one of the following questions to answer in your discussion:

Describe activity-based costing and how costs are computed and assigned to cost pools. Further, explain how ABC differs from traditional absorption costing.

Explain why organizations create budgets and the two distinct purposes for budgeting. Further, discuss the types of budgets that comprise the master budget.

Discuss a self-imposed budget as well as the advantages and disadvantages of the same.

Describe the IMA's ethical principles and relate each one of the principles to the Bible.

Describe the IMA'a procedure for the resolution of ethical conflicts and how this relates to Biblical principles.

Reference no: EM133373410

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