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Assignment: Management Accounting

   

Added on  2020-03-28

18 Pages1397 Words35 Views
Running head: MANAGEMENT ACCOUNTING Management AccountingName of the StudentName of the UniversityAuthor Note

1MANAGEMENT ACCOUNTING Table of ContentsAnswer 1:.........................................................................................................................................3Requirement A:............................................................................................................................3Requirement B:............................................................................................................................4Answer 2:.........................................................................................................................................5Answer 3:.........................................................................................................................................8Requirement a..................................................................................................................................8Requirement b..............................................................................................................................8Question 4........................................................................................................................................9Requirement a..............................................................................................................................9Requirement b............................................................................................................................12Answer 5:.......................................................................................................................................14Requirement a............................................................................................................................14Budgeted statement for income.....................................................................................................14Budgeted statement for retained earnings......................................................................................14Requirement B:..........................................................................................................................15References......................................................................................................................................18

2MANAGEMENT ACCOUNTING Answer 1: Requirement A:

3MANAGEMENT ACCOUNTING Requirement B: A huge difference exists in the Great Pyramid of Giza’s construction at the time of itsestablishment, which was done almost 4500 years before. The pyramid establishment, duringthat time also, used conventional methods, involving different stages as that of planning,initiation, designing, execution and that of closing. There were several limitations that werefaced in the construction of the pyramid, which included the cost managements, resources andthe mechanism of execution of the entire process. New process of cost management accounting,if implemented, would lead to differences in the aspect of technique that were used forconstruction purposes, including the limitation’s termination which has been discussedpreviously (Ward, 2012).

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