Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. a) Organizations are concerned with only customer satisfaction. Discuss. b) With relevant practical examples, examine the contribution of a management accountant in the general

1.a) Organizations are concerned with only customer satisfaction. Discuss.

b) With relevant practical examples, examine the contribution of a management accountant in the general managerial process of every organization.

2.a) An effective system of costing is an essential factor for industrial; control under modern conditions of business and as such may be regarded as an important part in the effect any management to secure business stability. Discuss.

3. A factory manufactures only one product in one quality and size. The owner of the factory states that he has a sound system of financial accounting which can provide him unit cost information and such does not need a cost management system. State your argument to convince him to introduce a cost management system.

Please provide answers for all the questions. Elaborate where necessary and help me with examples as well..

Thank you

Patricia,

Makerere University- Uganda -Kampala

MBA-FINANCE.

image text in transcribed PATRICIA VIVIAN NANSUBUGA MAKERERE UNIVERSITY - KAMPALA - UGANDA COLLEGE OF BUSINESS AND MANAGEMENT SCIENCES MBA - FINANCE 13/09/2017 COST AND MANAGEMENT ACCOUNTING HOMEWORK 1. a) Organizations are concerned with only customer satisfaction. Discuss. b) With relevant practical examples, examine the contribution of a management accountant in the general managerial process of every organization. 2.a) An effective system of costing is an essential factor for industrial; control under modern conditions of business and as such may be regarded as an important part in the effect any management to secure business stability. Discuss. 4. A factory manufactures only one product in one quality and size. The owner of the factory states that he has a sound system of financial accounting which can provide him unit cost information and such does not need a cost management system. State your argument to convince him to introduce a cost management system. Kindly answer all questions Thank you

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles Of Finance

Authors: Besley, Scott Besley, Eugene F Brigham, Brigham

4th Edition

0324655886, 9780324655889

More Books

Students also viewed these Finance questions

Question

What do you like to do for fun/to relax?

Answered: 1 week ago