Questions from Management Accounting


Q: Briefly explain the link(s) between strategy and managerial control

Briefly explain the link(s) between strategy and managerial control systems.

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Q: What role does management accounting and control information play in developing new

What role does management accounting and control information play in developing new strategic directions?

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Q: What role does management accounting and control information pay in monitoring the

What role does management accounting and control information pay in monitoring the success of the new strategic direction taken by an entity?

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Q: Distinguish between diagnostic and interactive use of specific control system tools.

Distinguish between diagnostic and interactive use of specific control system tools.

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Q: The photocopying department in the local polytechnic college has budgeted monthly costs

The photocopying department in the local polytechnic college has budgeted monthly costs at $40 000 per month plus $7 per student. Normally 800 students are enrolled. During March there were 730 studen...

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Q: Using examples, explain the meaning of informal controls.

Using examples, explain the meaning of informal controls.

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Q: Differentiate between belief systems and boundary systems.

Differentiate between belief systems and boundary systems.

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Q: Outline the meaning of responsibility accounting.

Outline the meaning of responsibility accounting.

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Q: Explain the meaning of span of control, span of accountability and

Explain the meaning of span of control, span of accountability and span of attention.

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Q: State the three categories of capital investments and briefly explain the best

State the three categories of capital investments and briefly explain the best capital investment evaluation tools suitable for each.

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