the course tittle of this assignment from is:- Advanced cost and Management Control System 1. Explain and Give examples of Ethical values and principles in management accounting   2. Explain and Give examples of Overhead allocation   Thank you

Q.4.1 Do some research (use sources other than your prescribed textbook) on the traditional costing system and the activity-based costing (ABC) system and answer the following questions. Remember to reference your answer and add your reference list to the bottom of this question. Q.4.1.1 Discuss any two differences between the traditional costing system and the activity-based costing (ABC) system for a business. Q.4.1.2 Identify one cháracteristic in organisation that make them more suited to using ABC method as opposed to the traditional costing method. Provide a reason for your anSwer. Q.4.1.3 Discuss three advantages of activity-based costing

The two dimensions of managerial accounting are:a. decision-facilitating and decision-influencingb. decision-facilitating and financial-influencingc. decision-influencing and profit-maximizingd. cost-minimizing and profit-maximizinge. decision-influencing and cost-minimizing

Which of the following is not among the main uses of Activity-Based-Management ABM Select one: O a. Managing product and process cost O b. Managing constrained resources O c. Managing customer profitability d. Managing environmental costs

20. Select which of the following requires a separate measurement of cost. a.Number b.Activity c.Area d.Volume   21. Select the objective of cost accounting which helps the management in doing the business efficiently. a.Guide to business policy b.Cost control and reduction c.Determination of selling price d.Ascertainment of time

Clipboard S Voice Sensitivity Editor systems are designed to provide information to decision makers in the organization with the information they need to accomplish this goal. Therefore, the designers of the cost accounting need to understand how value is created in the organization to design systems for their organiz d-None of these is true. Styles 2-Who are the consumers of cost accounting? a-The customers of cost accounting are managers, from plant managers to the CEO. b-The customers of cost accounting are the employees. c-The customers of cost accounting are consumer groups. d-None of these. 3-The four questions of the critical thinking framework are: 1) What are the relevant question decisions do I need to make)? 2) What are the data relevant to the analysis and where do I fi What are the appropriate tools for analyzing data?, and 4) How can I effectively and persuas communicate the results of my analysis?

Costs estimations and cost predictions are two terms often used as management accountant that must master when estimating costs functions. Briefly differentiate between ‘cost estimation’ and ‘cost predictions.

Discuss The impact of applying an Activity-Based Costing System on the businesses' financial and managerial performance. Why is it considered better than the conventional costing systems? The discussion needs to be supported with logical reasoning, clarity, and relevant examples.

. It is an important use of managerial accounting   a. determine direct cost by adding direct materials  b. understand customer orientation c. recast budgeted statements according to a situation d. change variables of risk internally and externally

The ____ costing system is the most useful system for management in planning ang controlling business activities such as in the use of CVP analysis and inventories management.   A. Absorption B. variable C. job order D. standard