a) Atom Company Ltd is truing to install a cost accounting system, explain any five practical difficulties the company is likely to face during the installation process and suggest ways through which they can be overcome. Major Topic Introduction to cost accounting systems Blooms Designation Score AP 6 b) Among all the stock valuation methods, four key methods of stock valuation are sometimes used by the organization, Fifo, Lifo, Weighted Average and Simple Average, explain how the application of each would differ using a company of your choice considering the nature of materials that form the basis of the stock in the selected company. Major Topic Store keeping and stores accounting Blooms Designation AP Score 7 c) Most people believe compensation schemes and bonus schemes are the same. Compare and contrast the application of rowan scheme and Halsey Weir schemes, how do these schemes operate and in the case of Coca-Cola Ghana limited, how these schemes can be used to enhance productivity. Major Topic Labor Costing Blooms Designation AP Score 7 (Total [20] Question 4 a) The manager of Ghana Boxes company has a lot of challenges managing its stock item in inventory, the company has decided to employ a stores manager, you have been shortlisted as an applicant suitable for the job, you have been asked by a panel member in the interview, to explain the likely challenges affecting the stores of the box production company and suggest ways through which as a potential store manager, mechanisms you would adopt to ensure inventory are managed within the standard practice. Blooms Designation Major Topic Store keeping and stores accounting AP Score 7