Management Accounting: Information for Decision‐Making and Strategy Execution
ACC 601

Summer 2017
Theme:
While basketball is used as the backdrop for the movie, Coach Carter really isn't about
basketball. The real heart of the movie is in the way Coach Carter begins to turn the lives
around of the players on his basketball team by showing them that so
Management Accounting: Information for Decision‐Making and Strategy Execution
ACC 601

Summer 2017
St. Paul Collage of Ilocos Sur
(Member, St. Paul University System)
Bayubay, San Vicente, Ilocos Sur
2726 Bayubay, San Vicente, Ilocos Sur
HIGH SCHOOL DEPARTMENT
PAASCU ACCREDITED LEVEL II
LIST OF OFFICERS AND MEMBERS
S.Y. 20132014
IV SCS
PRESIDENT: Aud
Management Accounting: Information for Decision‐Making and Strategy Execution
ACC 601

Summer 2017
Why Is Urine Yellow?
What true scientist has not asked, at some time or other, "Why is
pee yellow?"
Some European alchemists in the middle ages apparently thought one
possible reason was that there was gold in urine. This led to fruitless, and
possibly qu
Management Accounting: Information for Decision‐Making and Strategy Execution
ACC 601

Summer 2017
Our Beloved Mother Earth
By: Audie Anthony Q. Palpallatoc
I owe my life to a young maiden,
A gentle, pure and caring mother,
She is Gods paradise and heaven,
But now her life is getting
shorter.
Now years have passed day by day,
The maiden is getting ver
Management Accounting: Information for Decision‐Making and Strategy Execution
ACC 601

Summer 2017
Themes
The Deceptiveness of Appearances
The reality of Mathildes situation is that she is neither wealthy nor part of the social class of which she
feels she is a deserving member, but Mathilde does everything in her power to make her life appear
differen
Management Accounting: Information for Decision‐Making and Strategy Execution
ACC 601

Summer 2017
Kabanata 30
Si Huli
Script(612)
( Tinutukso siya ng mga kamag anak at ibang tao)
( Nasa Higaan natutulog na di mapakali. Parang binabangungot)
(Nakita niya sa panaginip ang amang tinutugis ng isang hayop at si Basilio na nagaagaw buhay. )
(Nagising si Hu
Management Accounting: Information for Decision‐Making and Strategy Execution
ACC 601

Summer 2017
The Lord's Prayer in Tagalog translation
Ama namin, sumasalangit Ka
Sambahin ang ngalan Mo
Mapasaamin ang kaharian Mo
Sundin ang loob Mo
Dito sa lupa, para nang sa langit.
Bigyan Mo kami ngayon ng aming kakanin sa araw araw.
At patawarin Mo kami sa aming
Management Accounting: Information for Decision‐Making and Strategy Execution
ACC 601

Summer 2017
Year End Report
(Academic Team III St Luke)
Academic team is not only about the brains but it gathers
information and gives information and help other people if you are hard up to one
subject or matter. Academic team had contributed many things into the
Management Accounting: Information for Decision‐Making and Strategy Execution
ACC 601

Summer 2017
Tagapagsalaysay: At doon nagwakas ang pagsasalaysay ng buhay ni
Florante
Florante: At ganoon nga ang nagyari.
tagapagsalaysay: si Aladin naman ay nagsalaysay
Aladin: Hayaan mong ako naman ang magsalaysay ng aking buhay Ang ngalan ko'y Aladin mula sa
syuda
Management Accounting: Information for Decision‐Making and Strategy Execution
ACC 601

Summer 2017
Transfer Task in Music
(Lyrics)
Open your Hand, Lord
Psalms 145, 1011, 1516, 1718
Antiphon:
You open wide your hand, O Lord. You open wide your hand, O Lord. You open wide your
hand, O grant the desires of all who live in you.
1. All your creatures sha
Management Accounting: Information for Decision‐Making and Strategy Execution
ACC 601

Summer 2017
733 Relevant cost and revenues: changes in facilities layout
To facilitate a move toward JIT production, AB Company is considering a change in its plant layout. The
plant controller, Anita Bentley, has been asked to evaluate the costs and benefits of the
1
Managerial accounting
Name
Institution
Date
2
Problem 1
Financial ratios for Grogan Company for 2014
Ratio
1. Current ratio
2. Return on common
stockholders
equity
3. Asset turnover
Formula
Current assets
Current liabilities
Computation
140,000
50,000
N
ACC 533
Audit Roundtable November 5th
Group 1:
Highlights of Fraud Research, by Cynthia E. BoltLee and Sara Kern, Journal of
Accountancy, November 2015.
Group 2:
American Law Institute Accountants' Liability 2015: Confronting Enforcement and
Litigation R
33.
Column 1 is an interest table for the:
A. Present value of an ordinary annuity of 1.
B. Future value of an ordinary annuity of 1.
C. Present value of an annuity due of 1.
D. Future value of an annuity due of 1.
AACSB: Reflective Thinking
AICPA BB: Cri
32.
A firm leases equipment under a capital lease (analogous to an installment purchase) that calls
for 12 semiannual payments of $39,014.40. The first payment is due at the inception of the
lease. The annual rate on the lease is 6%. What is the value of
31.
Micro Brewery borrows $300,000 to be paid off in three years. The loan payments are
semiannual with the first payment due in six months, and interest is at 6%. What is the amount
of each payment?
A. $55,379.
B. $106,059.
C. $30,138.
D. $60,276.
$300,
30.
Jose wants to cash in his winning lottery ticket. He can either receive five $5,000 annual
payments starting today, or he can receive a lumpsum payment now based on a 3% annual
interest rate. What would be the lumpsum payment?
A. $23,586.
B. $22,89
29.
Debbie has $368,882 accumulated in a 401K plan. The fund is earning a low, but safe, 3% per
year. The withdrawals will take place annually starting today. How soon will the fund be
exhausted if Debbie withdraws $30,000 each year?
A. 15 years.
B. 16 y
27.
Rosie's Florist borrows $300,000 to be paid off in six years. The loan payments are semiannual
with the first payment due in six months, and interest is at 6%. What is the amount of each
payment?
A. $25,750.
B. $29,761.
C. $30,139.
D. $25,500.
$300,0
28.
Jimmy has $255,906 accumulated in a 401K plan. The fund is earning a low, but safe, 3% per
year. The withdrawals will take place at the end of each year starting a year from now. How
soon will the fund be exhausted if Jimmy withdraws $30,000 each yea
26.
On January 1, 2013, you are considering making an investment that will pay three annual
payments of $10,000. The first payment is not expected until December 31, 2016. You are
eager to earn 3%. What is the present value of the investment on January 1
25.
On January 1, 2013, you are considering making an investment that will pay three annual
payments of $10,000. The first payment is not expected until December 31, 2015. You are
eager to earn 3%. What is the present value of the investment on January 1
24.
Shelley wants to cash in her winning lottery ticket. She can either receive ten $100,000
semiannual payments starting today, or she can receive a lumpsum payment now based on a
6% annual interest rate. What is the equivalent lumpsum payment?
A. $85
23.
Sondra deposits $2,000 in an IRA account on April 15, 2013. Assume the account will earn 3%
annually. If she repeats this for the next nine years, how much will she have on deposit on April
14, 2023?
A. $20,600.
B. $20,928.
C. $23,616.
D. $24,715.
FV
22.
At the end of each quarter, Patti deposits $500 into an account that pays 12% interest
compounded quarterly. How much will Patti have in the account in three years?
A. $7,096.
B. $7,213.
C. $7,129.
D. $8,880.
FVA = $500 x 14.1920* = $7,096
*FVA of $1
21.
At the end of the next four years, a new machine is expected to generate net cash flows of
$8,000, $12,000, $10,000, and $15,000, respectively. What are the (rounded) cash flows worth
today if a 3% interest rate properly reflects the time value of mo
20.
Monica wants to sell her share of an investment to Barney for $50,000 in three years. If money
is worth 6% compounded semiannually, what would Monica accept today?
A. $8,375.
B. $41,874.
C. $11,941.
D. $41,000.
PV = $50,000 x .83748* = $41,874
*PV of
19.
Bill wants to give Maria a $500,000 gift in seven years. If money is worth 6% compounded
semiannually, what is Maria's gift worth today?
A. $66,110.
B. $81,309.
C. $406,545.
D. $330,560.
PV = $500,000 x .66112* = $330,560
*PV of $1: n = 14; i = 3%
AA
Multiple Choice Questions
Present and future value tables of $1 at 3% are presented below:
16.
Today, Thomas deposited $100,000 in a threeyear, 12% CD that compounds quarterly. What
is the maturity value of the CD?
A. $109,270.
B. $119,410.
C. $142,576.