Questions from Management Accounting


Q: A large supermarket has used a balanced scorecard for several years.

A large supermarket has used a balanced scorecard for several years. The store’s vision is to provide customers with low-cost goods and a high-quality shopping experience. The entity...

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Q: Frieda’s Fizz brews specialty soft drinks, including root beer and other

Frieda’s Fizz brews specialty soft drinks, including root beer and other flavours. Its vision is 'To proudly produce and sell extraordinarily smooth, rich, and delicious soft drinks to satisfy kids of...

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Q: Brian Henshall, Foundation Emeritus Professor of Management at The University of

Brian Henshall, Foundation Emeritus Professor of Management at The University of Auckland, suggests a number of potential performance measures that could be used to monitor performance for the country...

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Q: Synergy Ltd’s incentive plan is based on a shared bonus pool.

Synergy Ltd’s incentive plan is based on a shared bonus pool. Return on investment (ROI) is used as the main performance metric and is calculated as: Operating profit before tax ÷ Assets at gross boo...

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Q: The Dancing Goat is the name Logan Jones chose for his café

The Dancing Goat is the name Logan Jones chose for his café. The origins of the name came from a 1600s fable of a young goat herder watching his goats dance after they ate red coffee beans. Logan want...

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Q: Whistlestop Adventure has grown from a one-man operation into a

Whistlestop Adventure has grown from a one-man operation into a large, soon to be listed, adventure clothing and equipment company. For much of its four-year history, Whistlestop has used one company-...

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Q: You are on the board of a computer software company that has

You are on the board of a computer software company that has three distinct divisions: home networks, small business systems and ERP systems. In a bid to encourage higher performance, it has been prop...

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Q: Fitness Forever International sells personal exercise equipment both within Australia and internationally

Fitness Forever International sells personal exercise equipment both within Australia and internationally. One division of Fitness Forever produces a product called Absaway, which is a specialised pie...

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Q: Hailey’s Hair Products has two criteria upon which its reward system is

Hailey’s Hair Products has two criteria upon which its reward system is based: (1) rewarding executives for performance and (2) adding to shareholder value. At present, the remuneration package for...

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Q: Regal Foods is a multi-divisional company operating in a range

Regal Foods is a multi-divisional company operating in a range of locations around the globe. Its product-based divisions are: Ice Cream and Associated Dairy Products, Confectionery, Nutrition, and Pr...

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