Reference no: EM133614978

Problem I. Discuss how internal control issues, in the newly deregulated environment at the Global Transportation Facility (GTF), could affect financial reporting and the decisions made by users of its financial information?

Problem II. In the contextof the Suregrip Corporation case, why is cause and effect so important in understanding the concept of ABC? In practice, how is cause and effect determined for cost accounting relationships?

Problem III. What options are available when setting transfer prices? Under what circumstances are certain transfer pricing methods more acceptable? (Refer to the reading: "The Multree Homes Transfer Pricing Evolution.") You should also consider the Jones company case in your response. Discusstheir transfer pricingdecision fully and clearly.

Problem IV. In the Bragan Manufacturing case, several management accounting concepts were useful in evaluating the decisions made by the company's controller. Discuss these concepts and how they were applied in deciding whether the company should proceed with the 'Bobby Bully' product.

Problem V. How should prices be set when a company has excess capacity? Why should prices be set in this way? Consider both short-term and long-term pricing decisions. Discuss this question in the context of Banyen Industries, using specific examples mentionedin the case.

Problem VI. What are the four paradigms outlinedin the essay, "The 21st Century Paradigm"?Discuss each of these paradigms briefly, including their significance.

Problem VII. Briefly discuss how Clayton Christiansen's essay evaluates management theory. How does he distinguish between 'good' and 'bad' management theories? You should use the business examples discussed in the essay to illustrate his concepts.