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As a new controller, reply to this comment by a plant manager: As I see it, our accountants may be needed to keep records for

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As a new controller, reply to this comment by a plant manager: "As I see it, our accountants may be needed to keep records for shareholders and Canada Revenue Agencybut I don't want them sticking their noses in my day-to-day operations. I do the best I know how. No pencil-pushing bean counter knows enough about my responsibilities to be of any use to me." C. The new controller could reply in the following way(s). (Select all that apply.) A. Demonstrate to the plant manager a good knowledge of the technical aspects of the plant. This approach often requires research on customer preferences, potential for growth in demand, plant-specific production or service processes, people, and suppliers. It certainly will involve spending time on the plant floor speaking to plant personnel to learn from their practical experience. OB. Demonstrate to the plant manager how he or she could make better decisions if the plant controller were viewed as a resource rather than a busybody. The plant controller is the best person to show how the plant manager will benefit because his or her time and resources can be saved by taking the plant controller into the decision-making process. C. Seek assistance from the corporate controller to highlight to the plant manager the importance of many tasks undertaken by the new plant controller. D. Show the plant manager examples of the new plant controller's past successes in working with line managers in other plants. E. Show the plant manager how the new controller's accounting credentials can improve the plant's operations. Describe four ways that help indicate when ABC systems are likely to provide the most benefits. The four ways are: (Select all that apply.) A. Selling less of something can be more profitable than selling more of it. B. Products make diverse demands on resources because of differences in volume, process steps, batch size, or complexity. C. Significant amounts of indirect costs are allocated using only one or two cost pools. D. Production and purchasing budgets are achieved. O E. All or most indirect costs are identified as output unit-level costs. F. Products that a company is well suited to make and sell show small profits

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