Questions from Managerial Accounting

Q: What are operating budgets? List at least four operating budgets.

What are operating budgets? List at least four operating budgets.

Q: What are financial budgets? List at least three financial budgets

What are financial budgets? List at least three financial budgets

Q: The rules for how segments should be presented in the annual report

The rules for how segments should be presented in the annual report are governed by external financial accounting rules. The information you gathered for the previous requirements would be used by inv...

Q: Use the data you collected in Requirement 2 to calculate each segment’s

Use the data you collected in Requirement 2 to calculate each segment’s capital turnover. Interpret your results.

Q: List the segments as reported in the annual report. Make a

List the segments as reported in the annual report. Make a table listing each operating segment, its revenues, income, and assets.

Q: List and describe the four perspectives found on a balanced scorecard.

List and describe the four perspectives found on a balanced scorecard. For each perspective, list at least two examples of KPIs that might be used to measure performance on that perspective.

Q: Summarize the production process that is used in making this product.

Summarize the production process that is used in making this product.

Q: What skills do employers value highly? What does that tell you

What skills do employers value highly? What does that tell you about “what accountants do” at their companies?

Q: Define manufacturing overhead. In addition to the indirect materials and

Define manufacturing overhead. In addition to the indirect materials and indirect labor previously described, what other manufacturing overhead costs would be incurred in this production process? Be...

Q: Describe the product that is being produced and the company that makes

Describe the product that is being produced and the company that makes it