حل واجبات الجامعة العربية المفتوحة
اتصل : O544321455 - OO966544321455
واتس اب: 966544321455+
ايميل : a_al_shora@hot mail.com
سكايبي : a_al_shora
حل واجب 0.5.4.4.3.2.1.4.5.5 الجامعة العربية المفتوحة
حل واجبات الجامعة العربية المفتوحة O54.4.3.2.1.4.5.5 - OO96654.4.3.2.1.4.5.5
ايميل : a_al_shora @ h.o.t.m.ail.c.o.m
سكايبي: a_al_shora
واتس اب: OO96654.4.3.2.1.4.5.5
Arab Open University
B292: TMA – 1st Semester 2013-2014
Cut-Off Date: 8th of December2013
The TMA Questions
PART A: Activity Based Costing
A Wholesale distributor of health equipment and supplies serves a third of the United States market. This 20 year old, privately held company had multiple distribution centers each serving a geographic territory. The Company's wide breadth of product offerings includes surgical supplies, pharmaceuticals, supplies, and diagnostics.
Like many companies of its size, it sought to break through the $100 million glass ceiling. To make this critical transition they are considering new business strategies: expansion into different geographical areas, offer national buying groups discounts, and target large, growing national accounts.
Required:
1- Explain why a company's management accountants would be the first to understand and develop ABC in an organization.(120 words)
2- Explain who would be responsible for designing and developing an ABC system.(140 words)
3- Activity-based costing has several advantages, e.g. increased accuracy for product costing and added value for decision making; explain why for many years; the accountants used the “traditional” method. (150 words)
4- Discuss whether a company would benefit from structuring their departments to match the defined activities used in ABC so that costs would be easier to assign to the activities. (150 words)
5- Discuss how a company can use ABC and not have ABC management. (130 words)
6- Discuss the case when all the signs point to the need for costing system refinement, specifically ABC, and it is really too late to do anything. (160 words)
[Marks: (6+6+9+9+6+9) =45]
PART B: Decision making and relevant information
CIMA is the Chartered Institute of Management Accountants. It supports over 164,000members and students in 161 countries. CIMA works with some of the world’s leading businesses and provides a professional qualification in management accounting.
Management accounting plays a vital role in a business. Management accountants use financial information to help a business make key decisions about its future; in particular the Institution has promoted the use of Activity Based Costing, Budgeting and Management. This demonstrates the value of the qualification in supporting business.
Required:
1. In the study of financial accounting, a primary characteristic of accounting information is relevance. Explain how does that fits with the concept of relevance in relation to the management accounting. (110 words)
2. Explain the types of costs that can or can’t be stereotyped. (70 words)
3. Discuss the usefulness of the opportunity costs. (130 words)
4. Discuss how the concept of constraining factors, or resources, is related to the concept of the accounting system reflecting the underlying operations of a company. (100 words)
5. In dropping or adding customers or segments, explain the way in which costs are assigned to the cost objects. (100 words)
6. Explain the statement “All future costs are not relevant but all relevant costs are future costs.” (160 words)
7. Explain why a corporation's customer base is considered an intangible asset. (130 words)
[Marks: (7+6+8+7+7+10+10) = 55]
[Total Marks: 45 + 55 -10 Marks of deductions for general presentation and references]
In your answer, you should explain each point or inquire separately.
All answers should be supported by examples from the case study.
Use the following headings (below) to make up the different sections of your work:
The PT3 form
Title and contents page
Part A Activity Based Costing
Part B Decision making and relevant information
References (Recorded according to the Harvard style - Available on LMS)
حل واجبات الجامعة العربية المفتوحة
اتصل : O544321455 - OO966544321455
واتس اب: 966544321455+
ايميل : a_al_shora@hot mail.com
سكايبي : a_al_shora
حل واجب 0.5.4.4.3.2.1.4.5.5 الجامعة العربية المفتوحة
حل واجبات الجامعة العربية المفتوحة O54.4.3.2.1.4.5.5 - OO96654.4.3.2.1.4.5.5
ايميل : a_al_shora @ h.o.t.m.ail.c.o.m
سكايبي: a_al_shora
واتس اب: OO96654.4.3.2.1.4.5.5
اتصل : O544321455 - OO966544321455
واتس اب: 966544321455+
ايميل : a_al_shora@hot mail.com
سكايبي : a_al_shora
حل واجب 0.5.4.4.3.2.1.4.5.5 الجامعة العربية المفتوحة
حل واجبات الجامعة العربية المفتوحة O54.4.3.2.1.4.5.5 - OO96654.4.3.2.1.4.5.5
ايميل : a_al_shora @ h.o.t.m.ail.c.o.m
سكايبي: a_al_shora
واتس اب: OO96654.4.3.2.1.4.5.5
Arab Open University
B292: TMA – 1st Semester 2013-2014
Cut-Off Date: 8th of December2013
The TMA Questions
PART A: Activity Based Costing
A Wholesale distributor of health equipment and supplies serves a third of the United States market. This 20 year old, privately held company had multiple distribution centers each serving a geographic territory. The Company's wide breadth of product offerings includes surgical supplies, pharmaceuticals, supplies, and diagnostics.
Like many companies of its size, it sought to break through the $100 million glass ceiling. To make this critical transition they are considering new business strategies: expansion into different geographical areas, offer national buying groups discounts, and target large, growing national accounts.
Required:
1- Explain why a company's management accountants would be the first to understand and develop ABC in an organization.(120 words)
2- Explain who would be responsible for designing and developing an ABC system.(140 words)
3- Activity-based costing has several advantages, e.g. increased accuracy for product costing and added value for decision making; explain why for many years; the accountants used the “traditional” method. (150 words)
4- Discuss whether a company would benefit from structuring their departments to match the defined activities used in ABC so that costs would be easier to assign to the activities. (150 words)
5- Discuss how a company can use ABC and not have ABC management. (130 words)
6- Discuss the case when all the signs point to the need for costing system refinement, specifically ABC, and it is really too late to do anything. (160 words)
[Marks: (6+6+9+9+6+9) =45]
PART B: Decision making and relevant information
CIMA is the Chartered Institute of Management Accountants. It supports over 164,000members and students in 161 countries. CIMA works with some of the world’s leading businesses and provides a professional qualification in management accounting.
Management accounting plays a vital role in a business. Management accountants use financial information to help a business make key decisions about its future; in particular the Institution has promoted the use of Activity Based Costing, Budgeting and Management. This demonstrates the value of the qualification in supporting business.
Required:
1. In the study of financial accounting, a primary characteristic of accounting information is relevance. Explain how does that fits with the concept of relevance in relation to the management accounting. (110 words)
2. Explain the types of costs that can or can’t be stereotyped. (70 words)
3. Discuss the usefulness of the opportunity costs. (130 words)
4. Discuss how the concept of constraining factors, or resources, is related to the concept of the accounting system reflecting the underlying operations of a company. (100 words)
5. In dropping or adding customers or segments, explain the way in which costs are assigned to the cost objects. (100 words)
6. Explain the statement “All future costs are not relevant but all relevant costs are future costs.” (160 words)
7. Explain why a corporation's customer base is considered an intangible asset. (130 words)
[Marks: (7+6+8+7+7+10+10) = 55]
[Total Marks: 45 + 55 -10 Marks of deductions for general presentation and references]
In your answer, you should explain each point or inquire separately.
All answers should be supported by examples from the case study.
Use the following headings (below) to make up the different sections of your work:
The PT3 form
Title and contents page
Part A Activity Based Costing
Part B Decision making and relevant information
References (Recorded according to the Harvard style - Available on LMS)
حل واجبات الجامعة العربية المفتوحة
اتصل : O544321455 - OO966544321455
واتس اب: 966544321455+
ايميل : a_al_shora@hot mail.com
سكايبي : a_al_shora
حل واجب 0.5.4.4.3.2.1.4.5.5 الجامعة العربية المفتوحة
حل واجبات الجامعة العربية المفتوحة O54.4.3.2.1.4.5.5 - OO96654.4.3.2.1.4.5.5
ايميل : a_al_shora @ h.o.t.m.ail.c.o.m
سكايبي: a_al_shora
واتس اب: OO96654.4.3.2.1.4.5.5
تعليق