The Cost Function Q1: What are the different ways to describe cost behavior? Q2: What process is used to estimate future costs? Q3: How are engineered estimates, account analysis, and two-point methods used to estimate cost functions? Q4: How does a scatter plot assist with categorizing a cost? Q5: How is regression analysis used to […]
Category Archives: Accounting
How does business risk affect management decision making?
The Role of Accounting Information in Q1 – What is the process of strategic management and decision making? Q2 – What types of control systems do managers use? Q3 – What is the role of accounting information in strategic management? Q4 – What information is relevant for decision making? Q5 – How does business risk […]
Differentiate between Variable and Absorption costing with a suitable numerical example and explain what would be the changes in Net Operating Income under both the costing methods.
Assignment Question(s): Q1. Differentiate between Variable and Absorption costing with a suitable numerical example and explain what would be the changes in Net Operating Income under both the costing methods. Q2. ABC prepares budgets for the quarter ending June 30. Sales in units: April 20,000, May 50,000, June 30,000, July 25,000. Selling price is SR […]
What is the zakat due in case of watering without cost?
Assignment Question(s):(15.0 Marks) Each Questions Carries 5 Marks) A Zakat giver has an agricultural production at a market value of SAR 300,000. The zakat giver has no accounting books to count the actual production expenses. Assume the zakat receptacle reached the Nisab. Required: What is the zakat due in case of watering without cost? What […]
Discuss the strengths and weaknesses of self-regulation in the accounting profession as a result of the historical events you described.
Visit the Library (access in the course home area) to research the accounting system of self-regulation. Describe at least one major historical event in the business world that occurred in the past 20 years and discuss how this affected today’s accounting system of self-regulation. Describe the legislation that altered the self-regulation process of the accounting […]
Analyze the impact of lease concessions or lease modifications on the reporting of your chosen company’s leases.
Week 8 Assignment – Impact of Financial Accounting Standards Board (FASB) Accounting Standards Update ASU 2016-02, Leases Overview Accounting is the language of business, and it is not a dead language The FASB is responsible for ensuring that all relevant and material financial information is properly codified in the Generally Accepted Accounting Principles (GAAP). The […]
Write Review of an ethical framework that supports innovation in a global market
Presentation on the Effect of Ethical Practices on Innovation Scenario You work for an American consulting firm that operates internationally. Your supervisor has advised you that several managers from the various international branches are coming to the headquarters for training, and he has asked you to make a presentation for them on the ethical areas […]
Describe how can we overcome the “old school” mentality of remote work and what are some development tools that can help employees/managers with the transition.
Organizational Development Manual You are a new general manager for a large organization. With the current environment of being in a pandemic, working from home is now the new norm. Many traditional “old school” managers are now being forced into remote working, and many are having difficulty in dealing with the inability to see their […]
Identify how budgeting is used by leadership for planning and control.
Unit 6 Accounting case study The Budget Case This case is designed to evaluate the budget process at a large manufacturing company. The learning objectives of this case study are as follows: Use the budget to make decisions. Identify how budgeting is used by leadership for planning and control. Discuss ethical considerations in the budget […]
Analyze and discuss three international factors you think would affect the cost of the products made at the companies you selected and why.
Unit 4 Accounting Project International versus U.S. Accounting Standards For this assignment, you will research and compare international and U.S. accounting standards. This will enable you to see how the different reporting methods affect business and how product costs are affected by international business. The learning objectives of this report are as follows: Compare and […]
