Question
please help me answer QUES 2. As a new controller, reply to this comment by a plant manager: As I see it, our accountants may
please help me answer
QUES 2. 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 Uncle Sam, but I don't want them sticking their noses in my day-to-day operations. I do the best I know how. No bean counter knows enough about my responsibilities to be of any use to me." 5 MARKS
QUES 3: Five-step decision-making process, manufacturing. Garnicki Foods makes frozen dinners that it sells through grocery stores. Typical products include turkey dinners, pot roast, fried chicken, and meat loaf. The managers at Garnicki have recently introduced a line of frozen chicken pies. They take the following actions with regard to this decision.10 MARKS
- Garnicki performs a taste test at the local shopping mall to see if consumers like the taste of its proposed new chicken pie product.
- Garnicki sales managers estimate they will sell more meat pies in their northern sales territory than in their southern sales territory.
- Garnicki managers discuss the possibility of introducing a new chicken pie.
- Garnicki managers compare actual costs of making chicken pies with their budgeted costs.
- Costs for making chicken pies are budgeted.
- Garnicki decides to introduce a new chicken pie.
- To help decide whether to introduce a new chicken pie, the purchasing manager calls a supplier to check the prices of chicken.
Classify each of the actions (a-g) as a step in the five-step decision-making process (identify the problem and Required uncertainties, obtain information, make predictions about the future, choose among alternatives, implement the decision, evaluate performance, and learn). The actions are not listed in the order they are performed.
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