Why is it important for management accountants to conform to the provisions of the CIMA Code of Ethics for Management ccounting? O a managers make key business decisions based on the information they provide b.poor ethics could result in faulty income tax reporting caloss of trust in managerial accounting could cause a company to lose shareholders od company could lose investors due to poor accounting practices The manager of Harmony Solutions is considering the implementation of a computerized accounting system. Which of these would be a possible drawback of this plan? a. The form would have to implement secunty measures to protect data b. It would be difficult to lok different elements of the system It would be necessary to expand the accounting department, resulting in higher staffing costs d. The firm would be able to generate detailed reports quickly and easily Wito mai provided the budget for the next year 1 Wales Ltd makes leather purses and has provided the budget for the next year. Selling price (unit) $11.60 Variable production cost $3.40 Sales commission .5% of selling price Fixed production cost $430,500 Fixed selling and administrative costs. $198.150 Sales 90.000 sian What is the margin of safety? 8.3% of budgeted sales 56% of budgeted sales 148 of budgeted sales Do 19 Joosee patties produces patties in batches of 400. At the end of the day, the company usually must dispose of over 100 unsold patties. Each patty sold is placed in a small paper bag, which is then placed in a larger paper bag. Which of the seven wastes of Lean Production are illustrated by this scenario? a. Overproduction and qyerprocessing O b. Waiting and overprocessing O c Inventory and overprocessing O d. Inventory and overproduction Clear my choice 20 Which value chain function would include depreciation of plant and machinery? Med out of O a. The marketing function would include depreciation of plant and machinery b. The production function would include depredation of plant and machinery O c The distribution function would include depreciation of plant and machinery d. The customer service function would include depreciation of plant and machinery