Reference no: EM13947568
Cost, Profit, and Investment Centers
Pin It
Companies are often organized into departments by functions, such as operations, marketing, sales, corporate headquarters, etc. Typically, each one of these departments is then assigned specific responsibilities and referred to as either a cost center, a profit center, or an investment center.
To prepare for this Discussion, "Shared Practice: Cost, Profit, and Investment Centers," review the Portz & Lere article in the Learning Resources for this week. Consider what you know from your professional background, the resources, research, and/or the regulatory environment in your home country.
Post by Day 3, the following:
- Analyze how cost center accounting practices in German companies differ from the practices in your current or previous organization or one with which you are familiar.
- Explain which country's accounting practices you would prefer to use for your organization and why. Be sure to provide your rationale by using specific examples.
- Provide an example of a profit center taken from your professional experience, the resources, or research. Explain why this is a profit center, including the methods of performance evaluation, and explain how it contributes to the success of the organization.
- Provide an example of an investment center taken from your professional experience, the resources, or research. Explain why this is an investment center, including the methods of performance evaluation, and explain how it contributes to the success of the organization.
|
What will be your overall gain or loss
: Assume you sell 100 shares of Larson Corporation short at $61. You also buy a 60 call option for $3.5 to protect against the stock price going up. If the stock ends up at $80, what will be your overall gain or loss? If the stock ends up at $40, what ..
|
|
The speculative premium on the call option
: Assume that a stock is selling for $47 with options available at 20, 30, and 40 strike prices. The 40 call option is at 7 1/2. Calculate the following: The intrinsic value of the $40 call. Is the call in the money? The speculative premium on the 40 c..
|
|
Expression for the time needed to melt
: If the outer surface of the wall is heated to a temperature T1 > Tf to melt the ice, obtain an expression for the time needed to melt the entire mass of ice and, in turn, deliver cooling water to, and energize, the fuel cell.
|
|
Construct an artifact to send to outer-space
: The Messaging Intelligent Life project consists of two parts. Construct an artifact to send to outer-space with the goal of contacting and eliciting a response from an intelligent life
|
|
Organized into departments by functions
: Companies are often organized into departments by functions, such as operations, marketing, sales, corporate headquarters, etc. Typically, each one of these departments is then assigned specific responsibilities and referred to as either a cost ce..
|
|
What are the fair value standards
: How has fair value accounting challenged leveraged instruments - what are the fair value standards that need to be followed in the U.S. under GAAP and internationally under IFRS?
|
|
Rate of heat loss from surface per unit length of pipe
: If the coefficient associated with free convection heat transfer from the surface to the air is 15 W/m2 · K, what is the rate of heat loss from the surface per unit length of pipe?
|
|
What will be the price of the treasury bill
: Assume a $1,000 treasury bill is quoted to pay 10 percent and matures in 3 months. a) How much interest would an investor receive? b) What will be the price of the treasury bill? c) What will be the effective yield?
|
|
Describe capital investment in the manufacturing environment
: Describe capital investment in the advanced manufacturing environment. Explain how the relevant costing principles learned in this chapter relate to dumping.
|