Questions from Management Accounting

Q: Garrett Automative Ltd (GAL) is a UK subsidiary of a

Garrett Automative Ltd (GAL) is a UK subsidiary of a US parent company that manufactures turbochargers for the automative industry. GAL decided to begin its profit improvement programme by examinin...

Q: The near collapse of the Irish banking sector in 2008, due

The near collapse of the Irish banking sector in 2008, due to insolvency, led the Irish Government at the time to provide a blanket guarantee to cover the liabilities of all the financial institutions...

Q: A distinguishing feature of today’s digital technology is that it is characterized

A distinguishing feature of today’s digital technology is that it is characterized by zero (or near zero) marginal costs. Once the investment needed to create a digital good has been incurred, it cost...

Q: A questionnaire survey based on the responses of 272 practising UK management

A questionnaire survey based on the responses of 272 practising UK management accountant who were members of the Chartered Institute of Management Accountants (CIMA) revealed that approximately 81 per...

Q: Allan Stratton is a cost management consultant with over 35 years of

Allan Stratton is a cost management consultant with over 35 years of experience who shares the benefit of his experience providing tools and resources via the internet. In one of his articles he debun...

Q: There are many factors which can influence the costing system choice of

There are many factors which can influence the costing system choice of a business. In manufacturing, one factor is the nature of the industry itself and one way to classify the type of manufacturing...

Q: Although there has always been a strong demand for tea in Malaysia

Although there has always been a strong demand for tea in Malaysia, very few cafés actually offered bubble tea on their menus. However, in recent times, bubble tea cafés have become increasingly popul...

Q: It was decided in the first quarter of fiscal 2016 that Commercial

It was decided in the first quarter of fiscal 2016 that Commercial Metals Company Ltd would change the accounting method it used to value its inventories. This change would be for its Americas Mills,...

Q: Capturing labour costs accurately includes capturing time worked on customer orders,

Capturing labour costs accurately includes capturing time worked on customer orders, jobs or projects. In some cases, this is a reasonably easy task, such as in a supervised factory setting. In some c...

Q: SAP is one of the global leaders in the provision of enterprise

SAP is one of the global leaders in the provision of enterprise resource planning (ERP) software. While ERP software is complex, it must still incorporate basic transaction capturing modules to allow...