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1. How do international issues affect the role of the management accountant?
2. What is a foreign trade zone, and what advantages does it offer U.S. companies?
3. Define outsourcing, and discuss why companies may outsource various functions.
4. What are joint ventures, and why do companies engage in them?
5. What are maquiladoras? Why have so many U.S. firms joined forces with maquiladoras?
6. What is an exchange rate for currency? What is the difference between a spot rate and a future rate?
7. What is transaction risk? Economic risk? Translation risk?
8. Define currency appreciation. What impact does currency appreciation have on a company's ability to import goods?
9. What impact does currency appreciation have on a company's ability to export its goods?
Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.
Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.
Prepare a master budget for the three-month period.
Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.
Evaluate the Predetermined Overhead Rate
Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.
Complete the schedule to compute the pool rates for the different activities.
Prepare Company financial statements
This individual assignment is based on the TerraCycle Inc.
Discuss the ethical issues
Calculate the GDP in Income Approach and Expenditure Approach
A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.
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