Managerial Accounting (5th Edition)
5th Edition
ISBN: 9780134128528
Author: Karen W. Braun, Wendy M. Tietz
Publisher: PEARSON
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Question
Chapter 2, Problem 2.17SE
1.
To determine
To identify: The primary standard from the IMA Statement of Ethical Professional Practice that is violated in the given situation
2.
To determine
To identify: The primary standard from the IMA Statement of Ethical Professional Practice that is violated in the given situation
3.
To determine
To identify: The primary standard from the IMA Statement of Ethical Professional Practice that is violated in the given situation
4.
To determine
To identify: The primary standard from the IMA Statement of Ethical Professional Practice that is violated in the given situation
5.
To determine
To identify: The primary standard from the IMA Statement of Ethical Professional Practice that is violated in the given situation
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Students have asked these similar questions
UESTION 33
Consider the following five situations:
(I) Relative performance evaluation is used for evaluating store managers.
(II) Insurabce policy holders pay deductibles before being covered by the insurance
(III) The warehouse manager is not held responsible for damages and stolen goods during a riot.
(IV) Individual stores are allocated (charged) for the cost of advertising done by the headquarters.
(V) In performance evaluation, the actual outcome is compared witht the flexible budget, not the original budget.
Which of the above would be examples that go againt the controllability principle (concept)?
A.
I, II, and III
B.
I, II, and IV
C.
I and III
D.
II and IV
E.
III and V
HOW EACH THEORIES APPLIED IN TEACHING ACCOUNTING. PLEASE DO NOT COPY THE ANSWER OF OTHER TUTOR HERE BECAUSE I'M NOT SATISFIED WITH THEIR ANSWERS.
Theories
Proponent
What is the theory about?
How is it applied in teaching accounting?
Behaviorism
John Watson and B.F Skinner
Behaviorism is a learning theory that claims that all human actions are learned via conditioning. According to Skinner, behaviorism could be explained as a learning process whereby a person learns to acknowledge a stimulus, which causes and response, and the response is then reinforced. This finally leads to conditioning one's behavior. Thus behaviorism is a learning process through conditioning of the stimulus, along with reward and punishment. Watson on the other hand focuses on the external behaviors of a man. He held that the only indication of a person's internal state came from their physical reactions. In conclusion, behaviorism emphasizes how interactions with the environment help people learn new…
S15-8 Identify ethical standards violated (Learning Objectives 1, 2, & 3) For each of the situations listed, identify the primary standard from the IMA Statement of Ethical Professional Practice that is violated (competence, confidentiality, integrity, or credibility). Refer to Exhibit 1-7 for the complete standard.
Chris is asked to prepare the GRI report for the year, but he has not attended GRI training. He decides to muddle his way through the report.
George is frustrated because he feels that his company is not moving fast enough to adopt sustainable practices and GRI reporting. He talks to a reporter about some potential environmental fines the company might receive, thinking that if the company is embarrassed publicly, it will move faster on sustainability initiatives.
Kayleigh does not disclose that her brother is the president of the consulting firm her organization is hiring for some GRI reporting work.
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Chapter 2 Solutions
Managerial Accounting (5th Edition)
Ch. 2 - (Learning Objective 1) Which of the following...Ch. 2 - (Learning Objective 2) Which of the following is...Ch. 2 - (Learning Objective 3) A cost that can be traced...Ch. 2 - (Learning Objective 4) Period costs are often...Ch. 2 - (Learning Objective 4) Conversion costs consist of...Ch. 2 - (Learning Objective 4) Which of the following is...Ch. 2 - Prob. 7QCCh. 2 - (Learning Objective 5) Which of the following...Ch. 2 - Prob. 9QCCh. 2 - Prob. 10QC
Ch. 2 - Short Exercises S2-1 Identify types of companies...Ch. 2 - Identify type of company from balance sheets...Ch. 2 - Classify costs by value chain function (Learning...Ch. 2 - Classify costs as direct or indirect (Learning...Ch. 2 - Prime costs Cost objects Product costs Assigned...Ch. 2 - Prob. 2.6SECh. 2 - Classify product costs and period costs (Learning...Ch. 2 - Classify a manufacturers costs (Learning Objective...Ch. 2 - Classify costs incurred by a dairy processing...Ch. 2 - Determine total manufacturing overhead (Learning...Ch. 2 - Prepare a retailers income statement (Learning...Ch. 2 - Compute Cost of Goods Sold for a merchandiser...Ch. 2 - Calculate direct materials used (Learning...Ch. 2 - Compute Cost of Goods Manufactured (Learning...Ch. 2 - Describe other cost terms (Learning Objectives 6...Ch. 2 - Classify costs as fixed or variable (Learning...Ch. 2 - Prob. 2.17SECh. 2 - Classify costs along the value chain for a...Ch. 2 - Classify costs along the value chain for a...Ch. 2 - Value chain and sustainability efforts (Learning...Ch. 2 - Prob. 2.21AECh. 2 - Construct an income statement using product and...Ch. 2 - Work backward to find missing amounts (Learning...Ch. 2 - Prepare a retailers income statement (Learning...Ch. 2 - Compute direct materials used and Cost of Goods...Ch. 2 - Compute Cost of Goods Manufactured and Cost of...Ch. 2 - Continues E2-26A: Prepare income statement...Ch. 2 - Determine whether information is relevant...Ch. 2 - Prob. 2.29AECh. 2 - Classify costs along the value chain for a...Ch. 2 - Classify costs along the value chain for a...Ch. 2 - Value chain and sustainability efforts (Learning...Ch. 2 - Classify and calculate a manufacturers costs...Ch. 2 - Construct an income statement using product and...Ch. 2 - Work backward to find missing amounts (Learning...Ch. 2 - Prob. 2.36BECh. 2 - Compute direct materials used and Cost of Goods...Ch. 2 - Compute Cost of Goods Manufactured and Cost of...Ch. 2 - Continues E2-38B: Prepare income statement...Ch. 2 - Determine whether information is relevant...Ch. 2 - Prob. 2.41BECh. 2 - Classify costs along the value chain (Learning...Ch. 2 - Determine ending inventory balances (Learning...Ch. 2 - Prepare income statements (Learning Objective 5)...Ch. 2 - Prob. 2.45APCh. 2 - Prob. 2.46APCh. 2 - Classify costs along the value chain (Learning...Ch. 2 - Determine ending inventory balances (Learning...Ch. 2 - Prepare income statements (Learning Objective 5)...Ch. 2 - Prob. 2.50BPCh. 2 - Prob. 2.51BPCh. 2 - Calculate operating income (Learning Objective 5)...Ch. 2 - Prob. 2.53ACT
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