Reference no: EM13827986
1. RBC Ltd provides corporate training in computer software programs. RBC Ltd has a simple business structure with several departments including sales, training delivery, course development, administration (including accounting) and technical support. The management accounting system collects data for each department and this is reported monthly to the manager of the department and the general manager.
Which one of the following statements best reflects the current structure of RBC Ltd's management accounting system (MAS)?
A. The MAS is structured to collect and present information in relation to activities in the entity's value chain.
B. The MAS is an independent system that complements the management information system by providing information on each responsibility centre.
C. The MAS may support performance measurement, asset management, business controls, financial management and quality management.
D. The MAS is based on a responsibility centre type structure that focuses on organizational functions rather than processes.
2. Which one of the following statements does not describe a significant challenge faced by strategic management accountants in successfully performing their role?
A. Ensuring systematic and effective controls are in place to safeguard data and information
B. Collecting and reporting external information to support innovation and strategic decision making.
C. Supporting innovation and value creation by making significant investments in technology.
D. Developing systems that effectively manage and measure intangible assets.
Additional Requiorement
These multiple choice questions based on the Corporate Strategy and the first question is about management accounting system and the second question is about the challenges faced by strategic management accountants in performing their role.
|
Provide a numerical value of chosen test and p-value
: A study reported on 6 patients with chronic myofascial pain syndrome. The mean duration of pain had been 3 years for the 6 patients and the standard deviation had been 0.5 year. provide a numerical value of chosen test and p-value. Based on the obt..
|
|
Create a job description and specifications
: Create a job description and specifications for your dream job. Design a compensation and benefits package related to your dream job. Rationalize your compensation and benefits package. Be sure to indicate the research and considerations that went ..
|
|
Value adding activity and different strategies
: Value Adding Activity And Different Strategies According To Porter
|
|
Shine company''s total costs amounted
: 1. Shine Company's total costs amounted to $1,845 for direct materials, direct labor, and manufacturing overhead in producing 913 units of product during the year. Selling costs were $783 and 684 units were sold. The amount expensed on the income sta..
|
|
Management accounting system and challenges
: Management Accounting System and Challenges Faced By Strategic Management Accountants
|
|
What test should be used
: Researchers examining the effectiveness of a short course that teaches diabetic self-care. What test should be used? Set up a null and alternative hypotheses. Provide a result of chosen test and p-value
|
|
Comparing the change in loan repayment rate
: Assume Avarice Corporation, a U.S. based MNC, obtains a one-year loan of 1,500,000 Malaysian Ringgit (MYR), at a nominal interest rate of 7%.
|
|
Creating customer value and factors affecting external envir
: Creating Customer Value And Factors Affecting External Environment
|
|
The organization''s customer service
: Identify at least three objectives for the organization's customer service perspective and show how they relate to the mission, vision and strategy of the organization. •For each objective, develop at least one meaningful performance measure (metric)..
|