ACC_ACF1200 S2-2019 Workbook week 8.docx - ACC/ACF1200 Accounting for Managers Semester 2 2019 Workshop activities and exercises Week 8 Topic 8 –

ACC_ACF1200 S2-2019 Workbook week 8.docx - ACC/ACF1200...

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ACC/ACF1200 Accounting for Managers Semester 2, 2019 Workshop activities and exercises Week 8 Topic 8 – Business planning
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Please note: The solutions to these activities and exercises are only available as they are completed in the workshops each week. If for some reason you are unable to attend your workshop on a particular occasion, you will need to attempt the exercises on your own and then attend a consultation session with workshop staff to discuss your answers and obtain further assistance where needed. All activities and exercises will be covered in groups during the workshops, then discussed as a class. You must take your own notes and complete the questions and exercises to develop your own study resource for the unit. Full solutions will NOT be posted on Moodle. It is your responsibility to ensure your answers are complete during workshops.
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TOPIC 8 – Business Planning Learning objectives Recognise the role and importance of business planning; Understand the need to measure business performance from a variety of perspectives; Demonstrate application of the balanced scorecard; and Apply the investment-centre performance evaluation measures Return on Investment (ROI) and Residual Income (RI) to assist in divisional performance evaluations. Topic 8 Notes ________________________________________________________________________________ ________________________________________________________________________________ ________________ ________________________________________________________________________________ ________________________________________________________________________________ ________________________________________________________________________________ ________________________ ________________________________________________________________________________ ________________________________________________________________________________ ________________ ________________________________________________________________________________ ________________________________________________________________________________ ________________________________________________________________________________ ________________________________________________________________________________ ________________________________________________________________________________ ________________________________________________________________________________ ________________________________________________ ________________________________________________________________________________ ________________________________________________________________________________ ________________________________________________________________________________ ________________________________________________________________________________ ________________________________________________________________________________ 3
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________________________________________________________________________________ ________________________________________________________________________________ ________________________________________________________________________________ ________________________________________________________________________________ ________________________________________________________________________________ ________________________________________________________________________________ ________________________________________________________________________________ ________ Questions 1. Why is it important to consider all four perspectives of the balanced scorecard? ________________________________________________________________________________ ________________________________________________________________________________ ________________________________________________________________________________ ________________________________________________________________________________ ________________________________ ________________________________________________________________________________ ________________________________________________________________________________ ________________________________________________________________________________ ________________________ ________________________________________________________________________________ ________ ________________________________________________________________________________ ________________________________________________________________________________ ________________________________________________________________________________ ________________________________________________________________________________ ________________________________ ________________________________________________________________________________ ________ 2.
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