Management advisory services reviewer free download. MAS REviewer 2019-01-11

Management Advisory Services

For the month just e nded, it registered the following data, Beginning work in process 5 partially completed jobs - 300,000 Orders completed 18 - 2,400,000 Orders Shipped 14 - 2,000,000 Materials requisitioned for the month - 1,700,000 Direct Labor Cost - 800,000 Factory Overhead Rate - 150% of Direct Labor Cost The ending work in process inventory was A. No strict rules govern the way in which the information is presented. Due to our experience with other organizations, we can offer a perspective that members of your management team may not have considered. If its fixed costs for the year were P60,000, how much was the margin of safety? An analysis strategy whereby data, facts or items are sorted into different groups by virtue of their features thereby leading to identification of the significance of the information. B C A All statements above are true.

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Payment of dividend on share capital B Payment of tax C. Within the relevant range, variable cost per unit varies directly with activity, while fixed cost per unit remains unchanged for a given period despite fluctuations in activity. Overhead applied was 130,000 while actual overhead was 126,000. The treasury function includes A. Detailed development of the selected solution.

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Interpersonal skills Project management skills require the following except a. Which of the following statements represents a similarity between financial and managerial accounting? Cash custody and banking C. Estimated unit sales are 125,000. If activity increases, which of the following statements about cost behavio r is true? D Most definitions of consultancy would include such services related to the following except a. Consulting and System Integration d.

Consultancy Reviewer

Using the high-low method, the amount of variable cost per occupied bed per cay is A. Both management and financial accounting are subject to mandatory record-keeping requirements. An experienced management consultant possesses special knowledge, skills and a variety of personal attributes that make him the most desirable candidate to undertake management consulting engagement involving his area of expertise. Nineteen Eighty-Four, often published as 1984, is a dystopian novel by English writer George Orwell published in June 1949. During the 1980s and 1990s a growing number of academics Johnson and Kaplan, 1987; Bromwich and Bhimani, 1989, 1996 began to recognise that management accounting was not adapting to changes in the modern business environment and as such was not fulfilling its function to aid managers. Focus on preparing information for external financial reporting D.

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Safe custody of funds only B. What is the variable cost per peso sales? So the bosses of restaurants are different. When direct materials for the product are purchased. The unit contribution margin of Product A is P20 and of Product B is P16. What kind of costs can be conveniently and economically traced to a cost object or pool? The predetermined fixed overhead rate per hour is A. One aspect of integrity requires A.

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Is governed by Generally Accepted Accounting Principles. Services can be defined as deeds, processes and performances. As a condition of the loan Ken is required to maintain a compensating balance of P200, 000. New developments and transformations could result to management consulting becoming more specialized. Reports information that has occurred in the past that is verifiable and reliable D.

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This serves as the blueprint for execution of the engagement 4. Focuses on estimating future revenues, costs and other measures to forecast activities and their results B. Sales price per unit Bobadilla, 2015 85. That would be a threat for Dragonair. Information about product pricing and costing could be easily make available by the a. For its most recent fiscal year, a firm reported that its contribution margin was equal 40 percent of sales and that its net income amounted to 10 percent of sales.

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Development of business plans to meet agreed objectives; basic segments and contents of a business plan 5. She feels it would be profitable because no variable selling costs will be incurred. Can be used to estimate costs for totally new activities B. Store Q had variable costs of P48, 000 and a contribution margin ratio of 40%. It is an approach to continuous improvement that focuses on serving customers and uses frontline workers to identify and solve problems systematically.