MULTIPLE CHOICE (2 points each)
1. A company has estimated its economic order quantity for Part A at 2,400 units for the coming
year. If ordering costs are $200 and carrying costs are $0.50 per unit per year, what is the
estimated total annual usage?
Table of Contents
1.0) INTRODUCTION:. 2
2.0) FINANCIAL ANALYSIS ON IAG:.3
2.1) ANALYSIS BASED ON FINANCIAL PERFORMANCE:.3
2.2) ANALYSIS BASED ON FINANCIAL RATIOS:.3
2.2.1) ANALYSIS ON DEBT TO ASSETS RATIO:.4
2.2.2) ANALYSIS ON CURRENT RATIO:. 4
Journal entries: Debit and Credit
Sales journal: Record all of the company sales on credit (ACCOUNTS RECEIVABLE: PROVIDE
THE SERVICE WITHOUT RECEIVING THE MONEY)
Cash receipts Journal: Keep track of the sales of items when cash is received (CASH A
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Module Code: BM052-3-2-BAS
INDIVIDUAL ASSIGNMENT (30% weightage)
1. Assess and implement the strategy position of an organisation (MQF1 and MQF2).
2. Evaluate and restructure organisation s
Examples of using what has held true in the past will hold true in the future:
(a) evaluating the collectibility of accounts receivable based on past collection
(b) evaluating inven
Additional planning items that should be considered when computer processing
is involved are:
The extent to which the computer is used in each significant accounting
The report simply states: The financial statements are not intended to be
presented in conformity with financial reporting standards. The opinion
expression thereafter refers to
The proper installation of IT can lead to internal control enhancements by
replacing manually-performed controls with computer-performed controls. ITbased accounting systems have the ab
CORPORATE GOVERNANCE AND AUDITS
Corporate governance is defined as:
a process by which the owners and creditors of an organization
exert control and require accountability for the resources entrusted to
the organization. The owners
Many of the revenue and expense accounts are not material in relation to the
financial statements and may be combined with other accounts in the financial
statements. These accounts ca
In a batch processing system, documents evidencing transactions and events are
gathered and processed by groups. The days sales invoices, for example, may
be converted to machine-readable form and processed th
Major reasons for departure from the standard unqualified report
Students may identify more than one description of the most important
distinction between an op
The entire audit process culminates in the preparation of the auditors report.
The auditors report is the primary product of the audit. The auditor should
review and assess the conc
An incorrect acceptance decision directly impairs the effectiveness of an audit.
Auditors wrap up the work and the material misstatement appears in the
An incorrect rejection de
Refer to page 806, 3rd paragraph of the textbook.
The major function of audit workpapers is to provide evidence of conformance
with auditing standards. As a body, the workpapers are the principal record of
Refer to page 834 of the textbook.
Refer to pages 836 and 837 of the textbook.
The objective of evaluating misstatements is to determine the effect on the audit
and whether there is a need to perform ad
Directly. Higher levels of control risk induce auditors to audit larger samples of
receivables, with confirmation date closer to the fiscal year end date. As for
nature of the procedures: higher levels of control ris
BM056-3-2 Financial Management
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This assignment is an individual assignment and is worth 30% of your total assessment. Proper
referencing and citation should be included and use Harvard Referencing method. Your
nt 1 Part B 17 mark
dually, this asssessment will
w require yo
ou to identify
y and demonsstrate your ccurrent state of knowledge
and analytical skills.
a Absorption Costing
For Special Order
$ 1 X 500
Depreciation (assuming 10% only)
(assuming 10% only)
= $ 500
= $ 1000
= $ 500
= $ 200
= $ 50
= $ 60
= $ 3410
For Regular Production
$ 1 X500 K
Bm036-3-3 Managing People & Performance
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This is an individual coursework weighted at 50% for the Managing People and
1. Demonstrate a systematic understanding and critical evaluation o
Week 3: Audit planning & Risk Assessment 2
(i) As noted in the Unit Guide, it is essential that students familiarise themselves with the
compulsory text readings PRIOR to the seminar each week.
(ii) The text is Ga
Assessment Task 3: Competitive Intelligence Profile of a Company
Worth 30% of graded assessment
A report of 4,000 words, excluding the reference list and tables. You should present
the profile in a business report format.
Due: Lodge by Monda
ACCG878 Module Two Outlining the Course of Action
List of questions
What is the time frame?
What is the nature of the suspected fraud?
Where are the relevant locations?
Who is the contact at the locations?
Who are the targets?
Table of Contents
2.0) MAIN BODY:.2
2.1) DIGITIZATION KEY TO SUCCESS IN MANUFACTURING SECTOR:.2
2.2) DIGITIZATION IN SERVICE SECTOR:.4
Zhou (2013) defined digitalization as the process of
Table of Contents
MAIN SECTION:. 2
DIGITIZATION IN MANUFACTURING SECTOR:.2
DIGITIZATION IN INSURANCE SECTOR:.4
Digitalization is the process of converting analog information or signals into a
According to Schindler (2011), people management refers to the role of manager in
developing, motivating and training employees to perform at their best. Management
in an organization plays a critical role as the success and failure of
Gerald M. Myers
Pacific Lutheran University
Management Accounting: Information That Creates Value 1
Management Accounting, Fourth Edition by Atkinson, Kaplan and
I/We hereby authorize and approve the publication of the advertisement/sponsorship of
_ in the souvenir program of Electra of TEATRO Lasalliana. I/We further agree to pay
the amount of _ pesos (Php _) for the cost of the adverti
Market Based Mission Statement:
For that extra Macho feeling, You should smell good, look good inside and out.
Why give name to a product:
Filipinos are known to be one of the most hygienic races in the asia. Since we
practice good and proper hygiene, We
Below are the standard questions asked to students who wants to join JISSA.
Take note that these are only the standard questions, meaning the JISSA
Officer that is conducting the interview can add questions as long as the
questions are relevant. If other