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Exam (elaborations)

MAC 3701 MANAGEMENT ACCOUNTING TECHNIQUES AND APPLICATIONS FINAL END SEMESTER SUMMARY QUESTIONS WITH WELL DETAILED ANSWERS GRADED A+
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April 2025

2024/2025

A+
Identifying cost behaviour - As the costs stay the same for all months = fixed - If you take the material cost / by the output that will give you the £ per unit and if it is the same each month then it is variable - if the £ per unit changed each month then it is mixed - Then you have to apply the low-high method to split the cost Constructing a cost card - Once we have established the various costs associated with business we identify the costs of producing a single cost unit - Typically...
Aceyourscores
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Exam (elaborations)

MAC 3701 MANAGEMENT ACCOUNTING APPLICATIONS TECHNIQUES EXAM QUESTIONS WITH CORRECT ANSWERS GRADED A+
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19

April 2025

2024/2025

A+
Provide an example of a whistleblower- CASE STUDY - The EY Whistleblower case (Amjad Rihan) uncovered unethical gold audits in Dubai, resulting in an $11M settlement. What characteristics identify unethical companies? - Unethical companies may be identified by environmental harm, poor labor/human rights records, animal rights violations, and undemocratic practices. What role do management accountants play in corporate ethics? - Management accountants ensure ethical supply chain practice...
Aceyourscores
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Exam (elaborations)

MAC 3701 EXAM PACK questions and answers 2023
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124

September 2023

2023/2024

A+
Section A Multiple Choice Questions 1. A common business decision is the make/buy decision where a manager must choose between buying an item or manufacturing it. The company must evaluate both the qualitative matters, as well as the quantitative matters that deal with costs. The following statements were made by a manager regarding qualitative matters which will influence his decision: 1. The risk of destroying long-run relationships with suppliers, which may prove to be harmful and disrupt...
POPLAR7
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Package deal

ENN103F EXAM PACK 2021
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January 2021
his exam pack contains • Exam question papers and answers• Memorandums • Summary of the course material • Additional notes.essys. All of the best for your exams!
FLYINGHIGHER
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