Question #1 [25 marks] It has been written that "The calculation of COGS (Cost of Goods Sold) for financial statement purposes is generally defined by tax legislation and accounting standards. In reality, that number does not necessarily help in understanding whether or not a company is: i) properly managing its costs and resources; ii) achieving its business level goals; iii) productive and efficient." [adapted from Henry Quesada-Pineda, Assistant Professor] Required: Discuss and explain what the author might have meant when he claimed that EACH of these assertions (i, ii and iii) "does not necessarily help in understanding". Use a different Management Accounting concept for EACH assertion. DO NOT USE THE SAME CONCEPT TO DISCUSS MORE THAN ONE ASSERTION. REMINDER - your response must be well organized, responsive to the required and in sufficient depth AND breadth to demonstrate your grasp of the materials which we have studied. ______________________________________________________________________________ ASSERTIONS 3 of 4 Ontario Tech University - BUSI 4180 - FINAL

EXAMINATION Question #2 [25 marks] Sample HR Policies [adapted HR Council] Conflict resolution - introduction 1. Conflict exists in every organization and to a certain extent indicates a healthy exchange of ideas and creativity. However, dysfunctional conflicts also occur and can result in: employee dissatisfaction; reduced productivity; poor service to customers; absenteeism; increased employee turnover; increased work-related stress; and a hostile work environment. Required: Identify three (3) distinctly different Management Accounting concepts that might explain such dysfunctional conflicts. a) For each concept: (i) Select and describe one of the dysfunctional conflicts from the listed conflicts; (ii) Explain how the concept being discussed might explain the selected dysfunctional conflict; (iii) Explain how the selected dysfunctional conflict might impact on the achievement of the entity's goals. (iv) Suggest a Managerial Accounting strategy that might minimize or avert the selected dysfunctional conflict. REMINDER - your response must be well organized, responsive to the required and in sufficient depth AND breadth to demonstrate your grasp of the materials which we have studied. ________________________________________________________________________ 4 of 4 Ontario Tech University - BUSI 4180 -

FINAL EXAMINATION Question #3 [15 marks] Answer each of the following using Managerial Accounting concepts and language: a) explain when and how a Management Accountant might use Break Even Point analysis as a decision-making tool. DO NOT spend a lot of space defining what the BEP is. Use technical language and concepts. b) explain how the COVID-19 crisis might impact on Cost Allocation practices. c) I explain why Management Accountants need to be cautious when their manufacturing concern approaches capacity. REMINDER - your response must be well organized, responsive to the required and in sufficient depth AND breadth to demonstrate your grasp of the materials which we have studied.