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You had to practically apply the decision making models and tools you have learned about throughout the subject. Reflect on your experience in completing the various assessments in this course. What major learning on measurement and decision making can you apply in practice as a manager in your organisation? The list below provides some questions you may wish to consider in your critical reflection. These are suggestions only. You may address issues that are not on this list. 1. Has what you have learned in this subject created an increased awareness of the importance of decision making as a management activity? Why or why not? 2. Which model or tool most influenced you as you worked your way through the subject? Why? 3. How critical do you believe the quality of decision making is to an organisation? Why? 4. Which of the models and tools would you use as a manager? Why?
Prepare a cash budget for December, January and February. When will Jodie products be able to repay the loan?
Activity-based costing is a technique for more precisely measuring the cost and profitability of:
Jupiter Company sells goods that have a cost of $500,000 to Danone Inc. for $700,000, with payment due in 1 year. The cash price for these goods is $610,000, with payment due in 30 days. If Danone paid immediately upon delivery, it would receive a ca..
On January 1, Bacon Company purchased as an investment a $1,000, 7% bond for $1,020. The bond pays interest on January 1 and July 1. What is the entry to record the interest accrual on December 31?
Janine's employer loaned her $5,000 this year (interest-free) to buy a used car. If the federal interest rate was 4%, Janine recognizes $200 of taxable interest income. Janine's employer recognizes $200 of deductible interest expense. Janine recogniz..
Who is responsible for preparing a company’s financial statements?
Prepare the general journal entries to make (if) necessary, adjustments/corrections for the information presented to you above. Students need to use the assignment template available for download from the unit website.
A contingent liability is a potential liability whose realization depends upon the future outcome of an event.
If one changes the contribution rates in the objective function of an LP:
Find out which case is FIFO and which is LIFO. State which case would result in the higher inventory value on the balance sheet and indicate why.
An order at a special price that is accepted will increase income if the revenue received exceeds the: Sutton Company produced 98,000 units in 46,000 direct labor hours. Production for the period was estimated at 100,000 units and 50,000 direct labor..
Provide advise the company to accept first, those for A, for B, or for C? Which orders second? Third?
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