1. explain how the Margin of Safety is used to internalize managerial accounting concepts 2. demonstrate how relevant costs of cash flow can be used to make decisions in managerial accounting 3. shed light on how relevant and irrelevant data are used to draw managerial accounting conclusions 4. what are the parameters that decide what to do with differential costs and revenues in managerial accounting? 5. Clearly demonstrate how incremental costs affect managerial accounting's goals. 6. What are the driving forces and future plans for the activities of a temporary factory or department closure as a managerial accounting role in preventing defective operations? 7. What implications does the phrase "permanent abandonment of premises" have for managerial accounting practices? 8. How does product mix affect managerial accounting? 9. Is the price-demand relationship a reliable indicator of managerial accounting development? How? 10. In your managerial accounting department, explain the full cost plus pricing (absorption) for the majority of businesses.