people’s thought of McDonald. If in ads, Ronald McDonald sell healthy salad or fruit to children, people will change their mind when think about McDonald’s. Q2: So, for fast-food companies, they only have one choice between pay 1.5% tax on their ad budgets and add health messages to their commercials. That’s a great way to solve the dilemma between the growing in food market and the rising of obesity. The first advantage of the law is the food company have to pay something to help government solving
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Student Name: katie Student ID: c356109 Group: Date: Assessment Coding Assessment of this program of study is based on competency based principles. S = Satisfactory NS = Not Satisfactory Students who fail to perform satisfactorily for the assessment in the prescribed date may be assessed as ‘not satisfactory’. You are required to be assessed as ‘Satisfactory’ against specific performance criteria in all elements of the unit of competency including satisfactory
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ASSESSMENT 1: STRUCTURED ACTIVITES Activity 1 Objective To provide you with an opportunity to identify and interpret the range of financial information and reports required for the organization to monitor business performance. Activity Answer the following questions, giving as much detail/explanation as you can to support your answer: (a.) What reports are used at your company to monitor business performance? At the restaurant where I work at, a few different types of reports are used
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"Syaha Sresta Pranali" which was an advanced form of accounting and was up to fiscal year 1965-1966. A "faram Shrestha Pranali" was introduced in 1911( 1968 B.S.) especially to use in the Terai Region. After the overthrow of Rana Regime, the first budget system was started in Nepal in 1951(21st Magh 2008 B.S.). The auditor general's office was established in 1959. Before it, there was Kumari Chowk, an office that performed the auditing jobs.
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costs. Improve Cash Flow Budgets are a major part of management accounting. Business owners often use budgets so they have a financial road map for future business expenditures. Many budgets are based on a company's historical financial information. Management accountants will comb through this information and create a master budget for the entire company. Larger business organizations may use several smaller budgets for divisions or departments. These individual budgets usually roll up into the
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Managerial Accounting Notes Comparison of Financial and Managerial Accounting Managerial accounting is concerned with providing information to managers—that is, the people inside an organization who direct and control its operations. In contrast, financial accounting is concerned with providing information to stockholders, creditors, and others who are outside the organization. Accounting Recording, Estimating, Organizing, Summarizing (Financial and Operational Data) Financial Accounting
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ACC 312 – Spring 2016 Comprehensive Budget Problem Tom and Linda own Hercules Condiment Company (HCC). Their unique condiment is sold by the gallon to fast food restaurants all over the Midwest. The sales price is currently $5.00 per gallon and they sold 50,000 gallons in Q4 of 2011. Sales are expected to grow 15% each quarter in 2012. Reluctantly they have given us the formula for their final product ½ gallon of Thousand Island dressing plus ½ gallon of mustard makes 1 gallon of “Secret Condiment
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BMGT 321 Chapter 6 Homework Click Link Below To Buy: http://hwaid.com/shop/bmgt-321-chapter-6-homework/ MASTER BUDGET AND RESPONSIBILITY ACCOUNTING Problem Solutions 6-16 (15 min.) Sales budget, service setting. In 2014, Rouse & Sons, a small environmental-testing firm, performed 12,200 radon tests for $290 each and 16,400 lead tests for $240 each. Because newer homes are being built with lead-free pipes, lead-testing volume is expected to decrease by 10% next year. However
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The following report consists of an analysis of the company budget, identification of key variances and findings, and suggestions on operational changes. A description of the budget process will be presented to pinpoint variances and their causes. Based on these variances, operational changes will be suggested and explained while considering business ethics. Recommendations on particular component production as well as nonfinancial performance measures will be made and accompanied by supporting evidence
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Victoria Kite In: Business and Management Victoria Kite Victoria Kite Company’s Master Budget Schedules Schedule A: Sales Budget November December January February March Recent & Forecasted Sales 25,000 25,000 62,000 75,000 38,000 Schedule B: Cash Collections January February March 60% of current Month 37,200 45,000 22,800 30% of previous Month 7,500 18,600 22,500 10% of 2 months prior 2,500 2,500 6,200 Totals 47,200 66,100 51,500 Schedule C: Purchases December January February
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