Financial And Management Accounting free essay sample

The managers of tomorrow will not be a bigger man than his father was before him. † – Critically analyse this statement and discuss the tasks expected to be performed by future managers to effectively deal with management challenges. 2. Identify four corporate social responsibility initiatives adopted by corporates which you are familiar with. Pg 102 3. â€Å"More centralization and decentralization are not advisable† – Do you agree or disagree? Justify. Suggest when and where these two concepts effectively applied in corporate. Pg 97 4. â€Å"MBO is the motivating factor or controlling technique†. Critically evaluate this statement. Compare and contrast between MBO and MBE. Pg 85 1. 2 FINANCIAL MANAGEMENT 1. â€Å"The profit maximization is not an operationally feasible criteria. † Do you agree? Illustrate your views. Pg 6 2. â€Å"The function of Financial Management is to review and control decisions to commit or recommit funds to new or ongoing uses. Thus in addition to raising funds, financial Management is directly concerned with production, marketing and other functions within an enterprise whenever decisions are made about the acquisition or destruction of assets†. We will write a custom essay sample on Financial And Management Accounting or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page When the corporate income taxes are assumed to exist Modigilani-Miller and the traditional theorists agree that capital structure does affect value. So the basic point of disputes disappears†. Do you agree? Why or why not? 4. â€Å"The contention that dividends have an impact on the share price. † Explain the essentials of this argument. Why the argument is considered fallacious. 1. 3 HUMAN RESOURCE MANAGEMENT 1. Prepare a report on the cultural diversity of an HR department in a multi location IT company. Examine the challenges it faces in the changed business scenario. Study and compare the performance appraisal system in a manufacturing sector and service sector and evaluate the reasons for their success/ failures in the respective sectors. Pg 193 3. Critically analyse the selection process vis-a-vis the HR Strategy of an organization, examine whether the selection process is facilitating the recruitment and retention of the manpower with the required skill sets and competencies. Pg 53 ,63 4. Analyse and appraise the quality circle movement in a service organization and suggest methods for its enhancement. 1. 4 MARKETING MANAGEMENT What is product life cycle? Choose a case in international marketing and discuss the same. Pg 88 2. Discuss which brands of mobile do you feel successfully targeted the group â€Å"Generation Y†. Which brands do not? What could they do better? 3. â€Å"Marketing research is the key to the success of a company†. Discuss the above statement, keeping in view of an example of the recent past where application of market research helped in formulating the right marketing strategy. Pg 211 4. Suggest suitable pricing strategy for: (i) 100 cc Motorcycle (ii) Laptop (iii) Branded Shirts. How do you analyse and interpret financial statement of a company for reporting on the soundness of its capital structure and solvency? 2. â€Å"Accounting ratios are mere guides and complete reliance on them in decision making is suicidal. † Elucidate. 3. â€Å"Funds flow analysis represents a stock to flow linkage. † – Justify. 4. From the following information pertaining to M/s ABC Co. Ltd. , prepare its trading, profit Loss A/c for the year ending 31st March 2012 and summarized Balance Sheet as on that date. Current ratio 2. 5 Quick Ratio- 1. 3 Proprietary ratio- 0. 06 Gross Profit to sales 10% Debtors Velocity- 40 days Sales 273000 Working capital 120000 Bank overdraft- 215000 Share Capital 250000 Closing Stock is 10% more than opening stock Net profit 10% of proprietary fund. 1. 6 BUSINESS MATHEMATICS AND STATISTICS 1. A chartered Accountant applies for a job in two firms X and Y. He estimates that the probability of his being selected in firm X is 0. 7 and being rejected in Y is 0. 5 and the probability that atleast one of his applications rejected is 0.6. What is the probability that he will be selected in one of the firms? 2. In a factory turning out razor blade, there is a small chance of 1/500 for any blade to be defective. The blades are supplied in a packet of 10. Use Poisson distribution to calculate the approximate number of packets containing blades with no defective, one defective, two defectives and three defectives in a consignment of 10,000 packets. 3. A sample of 400 students of undergraduate and 400 students of post graduate classes were taken to know their opinion about autonomous college. Present these fact in the form of a table and test at 5% level, that the opinion regarding autonomous status of colleges are independent of the level of classes of students. 4. Test the significance of variation of the retail prices of the commodity in three principle cities; Bombay, Kolkata and Delhi. The four shops were chosen at random in each city and prices observed in rupees were as follows Bombay 16 8 12 14 Kolkata 14 Why do you think choosing correct location for a plant is significant? Draft a plan to locate a nuclear power plant. Pg 54 2. Explain intermittent and continuous operations. Under what type of situation it would be used in automobile industry? 3. Explain the types of material handling equipments used in coal mine industry. 4. Discuss the importance and methods of inventory system followed in refining industries in India. 1. 8 Managerial communication 1. Find article in the business press or general news about a recent incident involving a company (for example, a merger or acquisition, a scandal or crisis, or the launching of a new product). What kind of communication challenges might this event pose for the company, both internally and externally? What kinds of messages would probably need to be written, and to whom? 2. Interview a working professional about his or her writing process. In addition to asking about general strategies for different kind of writings, also how he or she tracked a particularly difficult writing situation. Write up the results of your findings briefly. 3. Locate six examples of video and audio clips you might use in a business document. Describe the examples along with a brief explanation of a good use in a business document. 4. Look through current newspapers, magazines, the web and so on, and get the best available information on the job outlook for this year’s college graduates. You should show variations by geographic areas, degree, and schools. Present your findings in a well-organized and illustrated report.

Catching Up at a Reunion With English Idioms in Context

Catching Up at a Reunion With English Idioms in Context Here is a dialogue with two friends who meet at their 20th high school reunion. Try reading the dialogue one time to understand the gist without using the idiom definitions. On your second reading, use the definitions to help you understand the text while learning new idioms. Catching Up at a Reunion Doug and Alan are old friends. In fact, they went to high school together twenty years ago. Its been a long time since theyve seen each other. Todays their high school reunion - their twentieth! They meet each other and catch up on what theyve been doing these past twenty years. Doug: ALAN!!!! Its so good to see you again! How long has it been? Twenty years!Alan: Long time no see, buddy. Im so glad I came to the reunion. I had the feeling you would be here. Doug: I wouldnt miss it for the world. Wow, youre dressed to kill.  Alan: Its not every day that we have our twentieth reunion.   Doug: Youve got a point there. Why dont we have a seat and catch up? Im sure youve got plenty of stories.Alan: Im sure you do, too. Lets booze it up a little and exchange stories. Doug: Still drinking, huh?  Alan: Whats thats supposed to mean? Doug: Im just yanking your chain. Of course, were going to drink to celebrate. In fact, I play on having both sheets in the wind by the end of the evening.Alan: Thats my buddy. What are you drinking? Doug: Whisky sour, you?Alan: Im just working on a beer. Doug: So what do you do to bring home the bacon?Alan:   Oh, thats a long story. Its not been so easy, but were getting by. Doug: Really? Im sorry to hear that.Alan: Yeah, well, I, unfortunately, flunked out of college, so I had to take what I could get. Doug: Im sorry to hear that. What happened?  Alan: I just didnt think it was worth the time, so I let my studies slide. Now, I really regret it. Doug: But you look pretty good! Im sure youre doing OK.Alan: Well, I had to find a new goal. I got into sales, and have done quite well. Doug: Im glad to hear everything has worked out for the best.Alan: It hasnt been the best case scenario, but not the worst case scenario either. Doug: Its funny how things go.Alan: Yes, sometimes its best to face the music and make the best of it.   Doug: Yes.Alan: So, enough about me. What about you? Are you among the movers and shakers? Doug: Well, I have to admit, Ive done well.  Alan: Im not surprised. You always had a good head for figures. You went into business, right? Doug: Yes, it was that obvious, wasnt it?Alan: You were kind of a nerd. Doug: Hey, I was not. I was also good in tennis.Alan: I know. Im just pushing your buttons. You were always worried about being called a nerd. Doug: Its been great seeing you again.Alan: You, too Doug. I wish you all the best.   Idioms Used in the Dialogue have a whale of a time to enjoy yourself, have a good timecatch up to see an old friend and discuss lifeboth sheets in the wind very drunkjust what the doctor ordered exactly what someone needs to dodressed to kill wearing very nice clothingbooze it up to drink a lot of alcohol  yank someones chain to joke around with someone, kid someonepush someones buttons to talk about something that you know upsets someonemovers and shakers successful people, the elitebring home the bacon to make money for the familyflunk out to fail classes and have to leave school or collegelong time no see we havent seen each other in a long time!best case scenario the best possible outcome for a situationworst case scenario the worst possible outcome for a situationface the music to accept responsibility for somethinghave a good head for figures to be good at business Its important to learn and use idioms in context. Of course, idioms are not always easy to understand. There are idiom and expression resources that can help with definitions, but reading them in short stories can also provide context that make them come more alive.