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(a) Define the term ‘
(b) A business organisation has a working capital ratio of 3:1. Explain whether is an acceptable ratio and possible ways the ratio can be further improve.
PLEASE with your own words! No copy / paste
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- Which two of the following statements about the company's goals and the purpose of financial management are false? Choose two (2) of the answer options below, which correctly answer the question asked. 1. Strategies are translated into business plans, which more clearly describe how different goals and sub-goals are to be achieved. 2. The stakeholder model is based on an approach where the company is open to its surroundings. 3. The goal formulation of the satisfaction model is based on taking into account the specific company's opportunities for a positive result. 4. The profit maximization model is based on decision-makers being rational and having full access to information. 5. The business manager model is based on the fact that ownership and operation of a business are not separate. 6. The stakeholder model's goal formulation is based on being able to meet the requirements and expectations of all different stakeholders at the same time.Which of the following is not a way an accounting system can generate motivation? 15 Multiple Cholce Ask The accounting system can provide Information to allocate revwards appropriately. The accounting system can help create and set goals through the bucgeting process. The accounting system can Introduce punitive measures for employees that do nột achleve goals. for example, limiting pay The accounting system can provide feedback and progress updates perlodicaly(i) Explain what is meant when a business activity has high operating gearing.(ii) What are the implications for a business with high operating gearing?
- Ma1. 9. If the person (working in GEMADEPT LOGISTIC (HOSE)) you are interviewing were back in school taking a management accounting class, what do they wish they learned that would be helpful in their job now?23 S1: A branch is able to report an investment in another branch of the home office, as long as such investment account is to be eliminated in full when preparing combined financial statements.S2: Contingent considerations in a business combination are only recognized if the outflow of economic resources is probable and the estimated outflow can be measured reliably. Group of answer choices S:1 False; S2: True S1: False; S2: False S1: True; S2: False S1: True; S2: True1. A. Accounting cost theory B. Diffusion theory C. Transaction cost theory D. Agency theory 2. The theory concerning the cost of managing and supervising a firm is called is when firms seek to economize on transaction costs. A. Accounting cost theory B. Diffusion theory C. Transaction cost theory D. Agency theory 3. The most common reason for failure of large projects is due to A. Organizational and political resistance B. Uncertainty C. Inability to acquire resources D. Culture and routine 4. Which of the following is NOT one of Porter's competitive forces A. Customers B. Suppliers C. New market entrants D. Interest rates 5. Which of the following is NOT a strategy for dealing with Porter's competitive forces? A. Traditional competitors B. Low cost leadership C. Focus on market niche D. Product differentiation
- 1(a) How can a Finance and Accounting department that currently uses a manual system be computerised. 1(b) Discuss the effect of the PESTLE Analysis from the Finance and Accounting Manager perspective. Suggest ONE factor from three of the six external influences (PESTLE) that may be upsetting the Human Resource Management process(es) and ONE factor from three of the six external influences (PESTLE) that may interrupt customers’ experiences.An identifiable part of the company for which financial information is available is called __________. ANSWER a business segment the contribution margin the gross profit the profitability analysis I DON'T KNOW YET2. Multiple choices, please choose one of the correct choices 1) Which one of the following statements is not true? a) Financial accounting reports are used by investors to make investment decisions while cost and management accounting reports are used by managers to make business decisions. b) Financial accounting summarizes accounting transactions while cost and management accounting presents a detailed analysis of costs, selling prices and any other information required by an entity's management.< c) Financial accounting reports report on what has happened while management accounting reports focus on current activity and future projections. d) Financial accounting reports have an internal user focus while management accounting reports are focused on external users of accounting information.< 2) What kind of cost does the table represent? Output Cost 5,000.00 12,000.00 a) Semi-variable Cost b) Fixed Cost c) Variable Cost 30,000.00 55,000.00 90,000.00 ✔ e A 3) The form and content of…
- Gabel Company spent money to train its employees so that they can be productive workers. Such expenditures are often referred to as investments in human capital. Required:A. Do you think that Gabel Company’s trained employees meet the definition of an asset? Explain. In your answer, discuss the characteristics of an asset and whether you think they meet each of those characteristics.B. Most accountants would say that human capital is valuable but that it is difficult, or even impossible, to measure the value of human capital. Given that you cannot determine an amount to place a value on the Gabel Company’s employees, but you think that they are assets, what would SFAC No. 5 tell you to do? Should you report them as an asset in the company’s balance sheet? Explain.C. If a value can be estimated for Gabel Company’s trained employees, I.) Would that value be more relevant or more reliable to a prospective investor? Explain. II.) Would the company’s assets reported in its balance…is a high level of human security by investment, recycling, core value, quality education and economic growth helpful considering the current economic climate? Note: You are expected to provide references to at least five (5) pieces of documented material that support your views. b) Translate: What does all of this mean to you as a Accountant ? NB: Please use question A answer to answer question b
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