ACC513–MANAGERIAL ACCOUNTING ASSIGNMENT QUESTIONS

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Introduction

This syllabus contains the Lesson Assignments for the above referenced course.
Managerial accounting deals with providing information to individuals inside the organization. This process is driven by the information needs of the individuals involved in the decision process.
In contrast, financial accounting deals with preparing general purpose reports for persons outside an organization and is heavily constrained by standard setting, regulatory and tax authorities. Financial accounting statements are also required to be audited by independent accountants.

Get answers to questions in Managerial Accounting from experts.Students face a lot of trouble when it comes to ACC513 Managerial accounting assignment questions and answers.

Managerial accounting information focuses on segments of a business and comes in various forms: 1) qualitative, 2) quantitative, 3) factual, and 4) estimated.
Managers have to make many different types of decisions. Some of these might include:

A.    Should we expand or contract our business?
  1. Should we close a particular store or drop a product line?
  2. Should we open a new product line or department?

Every organization has its own individual strategy. The managerial accounting system helps managers implement an organization’s strategy and provide clarity to the decision-making process. The important thing is to recognize that the managerial accounting system needs to be adapted to each organization’s objectives, strategy, and environment.
Much of this course will focus on the managerial decision making aspects that drive managerial accounting. Students will explore how to use accounting information to solve business problems, with a focus on understanding the business problems to be solved and the real incentives for decisions.
Students will learn how to truly use the financial information, rather than simply perfect accounting techniques. Core managerial accounting concepts combine with the latest cutting-edge material that’s important to today’s managers and decision makers. Numerous realistic examples and application problems help emphasize process improvement and the integration of financial reporting issues for management decision-making.
Students will also learn to apply managerial accounting tools to the emerging service sector, government, and nonprofit organizations for ongoing business success.

Expected Student Learning Outcomes

Through successful completion of this course students will be able to:

  • Compare and contrast managerial accounting and financial accounting.
  • Demonstrate the importance of effective communication between accountants and users of managerial accounting information.
  • Explain the concepts of costing and how they relate to profitability analysis.
  • Distinguish between resources used and resources supplied, and measure unused resource capacity.
  • Explain total quality management and demonstrate how traditional managerial accounting systems require modifications to support total quality management.
  • Compare the costs, benefits, and weaknesses of the various cost estimation methods.
  • Perform cost-volume-profit analysis and explain the use of financial modeling for profit- planning purposes.
  • Use differential analysis to measure customer profitability.
  • Describe the steps of the net present value method for making long-term decisions using discounted cash flows, and explain the effect of income taxes on cash flows.
  • Demonstrate the use of a budget as a tool for planning and performance evaluation.
  • Describe the purpose of the return on investment calculation, and identify its shortcomings.
  • Identify controls that can be instituted to prevent financial fraud.

Required Text:

Managerial Accounting: An Introduction to Concepts, Methods and Uses (11th Edition)

Author(s): Maher/Stickney/Weil Publisher: Cengage Learning
Print: ISBN – 9781111571269

Suggestions for getting the most out of this course:

  • Read professional journals and
  • Participate in the course discussion forums, and learn from the experience and knowledge of your faculty mentor and fellow
  • If possible, form a relationship with someone who works in an area related to your course. Explain that you would like to obtain their insights and perspectives from time to time.

Academic Engagement

Each academic course at William Howard Taft University is assigned a semester unit value equivalent to the commonly accepted and traditionally defined units of academic measurement in accredited institutions. Credit bearing courses are measured by the learning outcomes normally achieved through 45 hours of student work for one semester unit. For example, a course with a value of 3 semester units would require a typical student to commit 135 hours to complete the course requirements.

Lesson Assignments

This course contains a number of lesson assignments. Work through the lessons one at a time. Unless otherwise instructed, you should complete all assignment help for a  particular lesson in one WORD document.
When you complete all of the assignments in a lesson, submit it to the faculty for grading  and feedback. Submit only one lesson at a time, completing them in sequence. Continue on to the next lesson, but be sure to incorporate any feedback received on previous lessons into your subsequent assignments – if necessary.
Final examination procedures are set forth in the Student Handbook.

Format

Unless otherwise instructed, Lesson Assignments should be prepared in Microsoft Word® using the Times New Roman font, 12 point, single space, double space between paragraphs. Each page must be numbered and your last name and student number included on the upper left hand corner of each page.
Your lesson assignment responses should be evidenced from the course textbook and/or from peer-reviewed sources not more than 5 years old. In general, Wikipedia is not a professionally- reviewed resource and should not be used as an assignment reference.
You must cite your references so that readers can verify your conclusions, and easily determine what is your work, and what is paraphrased or taken directly from other sources. Failure to give credit for the work of others in your assignments and writing projects constitutes plagiarism.

Citation Machine:

http://citationmachine.net/index2.php?start=&reqstyleid=2&newstyle=2&stylebox=2
Citation Machine is an online tool to assist in proper citation of researched information. We recommend APA format, although you may use other approved formats as long as you remain consistent.

Academic Integrity

It is the policy of the University that any student found guilty of cheating and/or plagiarism will be subject to immediate dismissal from the University. All students are required to sign a Coursework Certification Form for each course. This form is provided as a link in the last lesson of each course.

Evaluation

Your grade will be influenced by the accuracy of your research and the quality of your writing. The extent of research necessary will vary from assignment to assignment. In most cases, your work product should not simply consist of quoting from the assigned text.
When grading your assignments, the faculty will consider three general components:

  1. A demonstrated understanding of the material and the learning
  2. Your ability to articulate, synthesize and analyze the concepts and issues presented in the
  3. Clear and logical composition supported by examples and appropriate

The final grade for the course is determined by the sum of each of the grades in the Lesson Assignments. Each of the lesson assignments is weighted equally in determining your grade for the course. Total Possible Points = 600 (100 Points per lesson).

Grade GPA Percentage Comments
A 4 90-100 (Outstanding)
A- 3.67 88-89
B+ 3.33 84-87
B 3 80-83 (Satisfactory)
B- 2.67 78-79
C+ 2.33 74-77
C 2 70-73 (Passing but below the standard accepted in graduate study)
C- 1.67 68-69
D+ 1.33 64-67
D 1 60-63 (Does not meet standard for graduate study, coursework must be repeated for credit)
D- 0.67 59
F <0.67 58 or below (Failure)

 
Faculty Advisors will refer to the following grading rubric when evaluating your assignments:

Excellent Above Average Satisfactory Needs Improvement Unsatisfactory
Understanding of Material and Lesson Objectives Demonstrates a thorough understanding of the material. Demonstrates an adequate understanding of material Responses are generally accurate, but at times lacking coherence. Demonstrates a marginal understanding of the material and lesson objectives. Provides marginally complete and/or inaccurate responses showing little understanding of the material
Articulation, Synthesis and Analysis of Concepts Work is articulated consistent with the degree level integrating or synthesizing concepts in an original and innovative way.  Work demonstrates a solid knowledge of concepts and theories with some individual analysis of issues. Work demonstrates an elementary knowledge of concepts but lacks original thought and analysis. Work is primarily paraphrased or quoted directly from the text or other sources.Responses demonstrate little or no individual analysis. No individual analysis of concepts.Work is poorly articulated and/or derived entirely from the textbook.
Composition, Presentation, and  References Work presented in a logical and coherent way supported by sound resources.Citations are composed in proper format with few or no errors. Work presented is grammatically sound.Resources are appropriate and cited in proper format with few errors. Work is grammatically sound with a few minor errors.Resources may be of questionable authority, but are cited in proper format with few errors. Work contains frequent grammatical errors.Resources are few, non- existent, or may be of questionable authority. Frequent errors in composition, grammar and presentation.Quoted material is incorporated without the use of quotation marks or citation (plagiarism).

 

 
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CPPDSM4080A ASSESSMENT ANSWERS ON WORK IN THE REAL ESTATE INDUSTRY

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Questions:
To gain a basic understanding of the industry and work ethically and effectively in a real estate agency. This includes awareness of ethical and conduct standards, core functions of real estate agency operations, legislative and regulatory framework within which the industry operates and industry employment requirements.

  • Who is the principal in a real estate transaction and what are the duties of an agent in regards to the principal?
  • Some other roles and responsibilities of the licensee in charge, sales representative, property manager and support staff.
  • List the 3 main forms of business structure and identify 1 advantage of each structure.
  • For each of the below structures, identify 2 advantages of:

a)   Operating your business under a franchise name
b)   Operating your business as an independent agency

  • Who are the 2 main types of clients that agencies will deal with on a day to day basis?

a)   What are the key services offered by estate agencies?
b)   What license/s must you hold to provide these services?

  • How can information on legislative, licensing and regulatory requirements and other aspects of agency operations be ACCESSED?
  • Apart from the property occupations act, name 2 other relevant pieces of legislation applicable to the real estate industry.
  • Name 3 key areas of agency practice that require compliance with legislation.
  • What are the key principles of consumer protection and fair trading?
  • What are some common rules within the legislation that agencies must follow in day to day operations in either sales or property management?
  • What is the main purpose of a trust account?
  • What are the rules about banking and receipting trust account money?
  • Does the state or federal government regulate the following acts?

a)   Property Occupations Act
b)   Competition and Consumer Act
c)   Privacy Act

  • List 3 requirements regarding the collection and use of personal information that agencies should adhere to.
  • Name 3 licensing and eligibility requirements for estate agents, real estate representatives and other employees.
  • What are the main offences and penalties under the regulatory and legislative framework for real estate agencies, eg for breaching legislation?
  • Name 3 basic requirements that any real estate agency should comply with when dealing with sales and property management?
  • What might breaches of ethical and conduct standards relate to, and what penalties apply?

a)   What is meant by the term breach of contract?
b)   What is meant by the term negligence?

  • From whom might specialist advice be sourced in relation to real estate operations?
  • Describe some of the main risks relating to real estate operations
  • What are the employer’s responsibilities relating to industry/agency practice and conditions of employment?
  • What are the employee’s responsibilities relating to industry/agency practice and conditions of employment?
  • Explain Enterprise Bargaining Agreements, and the minimum provisions they must contain.
  • What are examples of effective communication strategies?
  • What are some of the ways that ongoing training needs and priorities can be determined?
  • What are some of the opportunities available for continuing training to maintain currency of competency and to develop specialist skills and knowledge?
 
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Consumer Behaviour (Business Management)

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Topic: Consumer Behaviour (Business Management)
The aim of this assessment is to evaluate your understanding of consumer behaviour and ability to apply appropriate theories within the given context.
Coursework details:
You are a marketing consultant currently working on a consumer research project. Some consumers are motivated and willing to engage in sustainable consumption whilst many others are not. Your client asks you to provide a critical evaluation as to what drives consumers to behave sustainably. The report must include the following aspects:
1. Critically discuss the key factors (such as motivation and barriers) affecting consumers whether or not to take part in sustainable consumption. (70%)
2. Based on your findings, make some marketing recommendations to your client. How can sustainable consumption be effectively promoted? (30%)
Important notes before you start:
• A critical review must be demonstrated in your coursework which should not be based on description. Coursework based on description is a clear fail. You must show your ability of applying the theory and using real world examples.
• Your discussion should be in-depth and specific. There is a word limit (see below). You must also avoid being too broad e.g. trying to cover much.
• You are expected to read around the subject. Your reading scope must go beyond the text book and additional reading suggested to you. For example, you must demonstrate reading evidence of academic journal articles.
Essay Style:
This is an academic piece of work and it must answer the questions stated above. The assignment should be word-processed, use Times New Roman 12-point font and 1.5 line spacing. The word limit is No more than 2,500 words including in-text references/citations but not the references list (APA 6th), and no appendices are allowed.
NOTE: Reading material as stated below was recommended in the module handbook for the entire syllabus. It may or may not prove useful for the assignment.
Reading material:
The core textbook for the module is:
Solomon, M.R., Bamossy, G. J., Askegaard, S., Hogg, M.K. (2013). Consumer Behaviour:
A European Perspective (5th edition), Pearson: England
Supported texts:
Blackwell, R. D., Miniard, P.W., and Engel J. F. (2006), Consumer behaviour (10th ed.), UK:Thomson South-Western
Hoyer, W. D., MacInnis D. and Pieters, R. (2013), Consumer behaviour (6th international
ed.), UK: South-Western, Cengage Learning
Recommended Journals:
European Journal of Marketing
Journal of Advertising
Journal of Consumer Behaviour
Journal of Marketing
Journal of Marketing Management
Journal of Product and brand Management
Marketing Review
Psychology & Marketing


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Internationalisation of Business

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Guide for
International Business Essay:
Internationalisation of Business
Prepared by Associate Professor Natt Pimpa & IB Team
Semester 1/2017
Objectives:
Multinational corporations (MNCs) are among the key players in the global economy. Their emergence from a wide range of diversified national production systems results from the globalisation process and the proliferation of different forms of competition.
In recent decades, MNCs have started to operate in emerging and frontier markets. There are also disruptive technologies that promote the growth of MNCs from all countries. It is, therefore, important for us to be able to comprehend the nature of internationalisation process of business.
In this task, you are asked to perform an international business analysis. In doing so, you will need to understand some international business theories from this course. This assignment will help you to be able to ‘learn’ and ‘apply’ key international business theories from the course to ‘real-life’ multinational corporations (MNCs).
– Type: Individual
– Value: 50% (length: up to 2,500 words)
– Due: TBA
Structure of your Essay:
The key question for this essay is:
“What are the key challenges for an MNC in the international business arena?
Step 1:
You need to select a multinational corporation from appendix 1. All companies from the list are ranked among top MNCs from various industries.
Step 2:
Select one country where your company has invested in (in any foreign direct investment forms). Then, you need to will need to answer the following questions in your essay.
Part 1: Analysis of your Multinational Corporation (MNC)
In this section you will need to present and analyse key data supporting the status of your company as a multinational corporation.
Question 1: Please explain your company’s profile as an MNC.
Question 2: Please use one theory related to ‘globalisation of business’ to analyse the status of your company.
Part 2: Host Country Analysis
You will need to focus on ONE factor from the host country that influences the internationalisation process of the firm. As we focus on politicaleconomy and socio-cultural factors in the first part of this course, we recommend you to answer the following questions in this section:
Question 3: What are the key country/regional factors affecting your firm’s choice of country? Why?
Question 4: Please use one theory from the course to support your argument(s). The application of some theories from this course such as Uppsala internationalisation theory, Eclectic paradigm, and Porter’s diamond theory can also be useful at this point.
Part 3: Foreign Entry Strategies: In this section you will need to answer these questions:
Question 5: What is entry strategy performed by the company? Please use academic resources (i.e. journal articles) to explain the concept of the company’s entry strategy and its benefits/pitfalls. Please identify some constraints of the selected entry strategy. It is important that you combined points from academic sources (i.e. academic journal articles) and information from the company to analyse potential constraints of the entry.
Part 4: MNC and its Impacts
Question 6: What are the key international business challenges for your company?
Question 7: From the UN Global Compact Principles/Sustainable Development Goals, which area(s) that your MNC will need to focus in their current and future business? Why?
Tips
1. The core of this assignment is to assess your level of mastery of the subject matters and your analytical skills in relation to foreign market entry strategies. It is important that you can integrate key international business theories from the course to your analysis of an MNC in this assignment.
2. Do not perform PESTEL/SWOT/ five forces analysis in this essay.
3. This is an international business essay. Please avoid marketing and general management points/analyses in this essay.
4. You can use primary data from corporate’s social media channels such as twitter, facebook, or Instagram to analyse its position in the current international business climate.
Other requirements
– A minimum of six (6) academic journal articles must be read and cited.
– The assignment must be well-structured and well-presented.
– The clarity of expressions together with the appropriate use of grammar, spelling and punctuations are important to maintain.
– Any use of comments, information, data or from others (books, journals, newspapers, web etc.) must be cited using Harvard referencing style.
– The 12 point font in Times New Roman should be used throughout. Appropriate spacing (1.5 lines) and margins on all sides (at least 2 cm) need to be maintained.
– Number each page.
Essential Information
? This is an individual assignment (50%)
? Length of this essay should be between 2,000-2,500 words (including country analysis).
? Theories from the course (BUSM1227 International business) MUST be incorporated in your analysis
? Marking criteria is available from the learning hub.
? We focus on the quality of reference. Make sure you combine both academic and industrial or trade information. Please use, at least, six academic journal articles to form your arguments.
? The clarity of expressions together with the appropriate use of grammar, spelling and punctuations are important to maintain.
? Any use of comments, information, data or from others (books, journals, newspapers, web etc.) must be cited properly.
? The 12 point font in Times New Roman should be used throughout. Appropriate spacing (1.5 lines) and margins on all sides (at least 2 cm) need to be maintained.
? Number each page.
? This link will be useful for your writing, referencing and academic style presentation https://emedia.rmit.edu.au/learninglab/content/writing-skills
Appendix 1: Company List and its country of origin
Glencore (Switzerland) Industrial and Commercial Bank of China (China) MMG (Australia) Amazon.com (US) Petrobras (Brazil)
Samsung electronics (Korea) China Construction Bankn (China) Boeing
(US) BASF (Germany) GlaxoSmithKline (UK)
Airbus Group (Netherlands) State Grid (China) Trafigura Group (Singapore) Siemens (Germany) Tesco
(UK)
Luk Oil
(Russia) Tata Group (India) Monsanto
(US) ANZ
(Australia) Petronas (Malaysia)
Sony
(Japan) HSBC Group (UK) Atento
(Spain) Novo Nordisk (Denmark) Microsoft
(US)


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