fundamentals of mgmt accounting (cima exam practice kit) - w allan (elsevier, 2010)
C01 - Fundamentals of Management Accounting (2011 syllabus) A guide for students pot
... DEFINITION Level 1 | KNOWLEDGE What you are expected to know. List Make a list of State Express, fully or clearly, the details of/ facts of Define Give the exact meaning of Level 2 | COMPREHENSION ... are successful, you will receive a certificate of achievement and your exam status will automatically be updated at CIMA. If you are unsuccessful, the feedback wil...
Ngày tải lên: 15/03/2014, 16:20
Fundamentals of Management Accounting for Decision Makers 6th edition_1 pdf
... from clear. Of course, were we to contact all of the garages and find out all of the prices, we should know whether the exercise had been cost-effective. Unfortunately we cannot know this for certain ... 19 Real World 1.14 provides an example of the importance of accounting to relief agen- cies, which are, of course, not-for-profit organisations. CHAPTER 1 INTRODUCTION TO MANAGE...
Ngày tải lên: 20/06/2014, 23:20
Fundamentals of Management Accounting for Decision Makers 6th edition_2 pot
... reasons, with examples, why that may be the case? We thought of the following: l Economies of scale with labour. A business may do things more economically where there is a high volume of activity ... to the existence of two break-even points. THE ECONOMIST’S VIEW OF THE BREAK-EVEN CHART 73 ‘ The economist’s view of the break-even chart Figure 3.12 As volume increases, economies...
Ngày tải lên: 20/06/2014, 23:20
Fundamentals of Management Accounting for Decision Makers 6th edition_3 ppt
... an of ce, is part of the cost of the output of that of ce. For example, the rent may be a cost that will not alter merely because we provide one more unit of the service, but if the of ce were ... for one week tends to be about half of that for a similar two-week period. Thus, a basis of allotting overheads to jobs that takes account of the length of time that the units of...
Ngày tải lên: 20/06/2014, 23:20
Fundamentals of Management Accounting for Decision Makers 6th edition_4 pot
... they are not directly competing but which may have similar functions. Real World 5.8 provides an example of two well-known divisions of an equally well- known parent business that are able to ... 5.4 provides some idea of the extent to which total life-cycle costing is used in practice. Real World 5.5 shows how a well-known international carmaker uses total life-cycle costing. CHAPTER...
Ngày tải lên: 20/06/2014, 23:20
Fundamentals of Management Accounting for Decision Makers 6th edition_5 pot
... current period were spent. The wasting of resources in this way conflicts with the role of budgets as a means of exercising control. Another example of a conflict between budget uses is where the budget ... work towards them. Managers also need to be made well aware of the commercial/economic environment in which they will be operating. This may include awareness of market trends, f...
Ngày tải lên: 20/06/2014, 23:20
Fundamentals of Management Accounting for Decision Makers 6th edition_6 docx
... following is an out- line of Toyota’s planning and control systems, written by him: Toyota is a well-known example of a sense-and-respond organisation. Instead of pushing prod- ucts through rigid ... some form of borrowing, the consequences could be more profound, such as the loss of profits on business that was not able to be under- taken because of the lack of funds. Non-operat...
Ngày tải lên: 20/06/2014, 23:20
Fundamentals of Management Accounting for Decision Makers 6th edition_7 ppt
... area of 20,000 sq m. It will require an average investment of £4m, and will produce an average operating profit of £500,000 a year. What is the ARR of each investment opportunity? Which site would ... objective of the business is to increase owners’ wealth, it would be very easy to assess this investment if all of the cash inflows and outflows were to occur now (all at the same time...
Ngày tải lên: 20/06/2014, 23:20
Fundamentals of Management Accounting for Decision Makers 6th edition_8 ppt
... The software has a life of two years and will then become obsolete. The cost of producing the software was £10,000. The client has agreed to pay a licence fee of £8,000 a year for the software ... stages? l What is the expected pattern of cash flows? l What are the major problems associated with the project and how can they be overcome? l What is the NPV of the project? How does thi...
Ngày tải lên: 20/06/2014, 23:20