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Question : 21. A tool that often used to depict the lines of : 1208318

Accounting

 

21. A tool that is often used to depict the lines of authority and responsibility within a firm is: 
A. A variance report.
B. A responsibility report.
C. A master budget.
D. An organization chart.

22. Select the false statement regarding responsibility accounting (RA). 
A. It calls for the preparation of reports containing detailed information regarding the performance of a responsibility center.
B. It is most effective in a centralized business structure where a few top managers control the whole company’s operations.
C. It calls for the preparation of responsibility reports listing the budgeted and actual revenue and/or expense items over which the manager has control.
D. It requires each manager to prepare a plan of expected performance for the responsibility level over which he or she has control.

23. Which of the following is not a characteristic of an effective responsibility accounting system? 
A. Reports that set goals for long-term strategic performance
B. Reports that show revenue and/or expense items under a manager’s control
C. Reports that show budgeted and actual amounts of controllable revenue and expense items
D. Reports that highlight areas that need corrective action

24. Management recently instituted a new training program for upper level managers. They budgeted the cost of the new program at $1,000 per employee trained but actual costs were $1,250 per employee trained. The difference between the budgeted cost for training and the actual cost of training is called a: 
A. Period cost.
B. Variance.
C. Loss.
D. Controllable cost.

25. Responsibility reports are prepared: 
A. For senior level managers only.
B. Only at the end of the accounting period.
C. To identify and punish managers who fail to control their costs.
D. For each manager who has control over revenue and expense items.

26. A responsibility report provided to a manager typically includes: 
A. A list of all the items under the manager’s control.
B. The budgeted amount for each item on the report.
C. The differences between the budgeted and actual amounts for each item on the report.
D. All of the other answers are correct.

27. Jones Company is decentralized with three divisions. While all three division managers have responsibility for costs, only the Division Three manager has responsibility for generating revenues. Select the correct statement from the following. 
A. Jones Company is not large enough to benefit from preparing responsibility reports.
B. Responsibility reports should be prepared for Division Three only.
C. Responsibility reports should be prepared for Divisions One and Two only.
D. Responsibility reports should be prepared for all three divisions.

28. The manager of the production department for Romulus Manufacturing has responsibility for all stages of the production process and does not have time to review all the operational details of his department. He has found it to be more productive to focus on the significant deviations from budget. This kind of management is called: 
A. Deviation management.
B. Management by exception.
C. Controllable management.
D. Decentralized management.

29. Select the incorrect statement concerning responsibility reports. 
A. The reports should be stated in simple terms.
B. The reports should show clearly the budgeted and actual amounts of controllable revenues and expenses.
C. The utility of the reports increases with the passage of time.
D. The reports must be prepared in a timely manner.

30. Which of the following formats is typically used in year-to-date income statements prepared for internal use under a responsibility accounting system? 
A. Sales – Cost of Goods Sold = Gross Margin; Gross Margin – Operating Expenses = Net Income
B. Sales – Variable Costs = Contribution Margin; Contribution Margin – Fixed Costs = Net Income
C. Sales – Manufacturing Costs = Manufacturing Margin; Manufacturing Margin – Selling and Administrative Costs = Net Income
D. None of the other answers are correct.

 

 

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July 1, 2023
    

This paper has some similarities with The Aging Simulation, the critical difference of this assignment now requires that you observe and interview live people. This time you will sharpen your skills of observation and interviewing while relating relevant theories to these observations. You will utilize relevant sources and theoretical material to understand the development your interviewee describes. You will construct a set of 15 open ended questions relevant to your population based on your readings and research which guide you through the interview. 

Please select one population you want to interview; young adult, mid-life, or older adult. You will be required to interview a standardized client in the Simulation Lab for 25-30 minutes. Following the interview, you will be asked to meet with your Standardized Client for feedback. This session is usually about 5 minutes. The reflection and simulated life span interview will be 20% of the grade you earn on your Life Span Interview paper. 

Young Adult

You will interview a young adult 18-30 years of age. You will interview the young adult in a simulated situation letting the client describe the process of emerging from parental oversight into the role of an adult. Use open ended questions such as, “How has your relationship with your parents changed since you have started to become more independent?” or “What factors have influenced your decisions about career, college or work?” or “What are things that have been difficult finding and building close relationships?” You will be able to fashion other questions as well after reading your text and related Canvas materials. 

Adult in Midlife

You will interview a middle-aged adult 40-55 years old. Your simulated interview should explore the changing family life cycle, including aging parents, shifting patterns in a long term partnership/marriage and children leaving home. It can also include open ended questions such as “How have you started planning for retirement?” or “What do you think it means to be in the prime of life?” or “How would you describe your adult sibling relationships?” You will be able to fashion other questions as well after reading your text and related Canvas materials. 

Older Adult

You will interview an older adult. You will interview the individual for 25-30 minutes and let the person tell the story of his or her life to you. You can use open ended questions such as, “Tell me about your childhood?” or “What are some of the things you are most proud of that you have done in your life?” or “What are some experiences that you think really made you who you are?” You will be able to fashion other questions as well after reading your class materials. 

General Paper Outline

  • 1 page, briefly explain how your interviewee sees him/herself in the general environment, as well as in the various components of his or her micro, mezzo and macro systems.
  • Developmental description.2 pages, describe your observations about this person’s biological, psychological, and social development. If there are any, note any discrepancies between your observations and what the interviewee stated.
  • Theoretical analysis.2 pages, discuss the theories/theorists that are relevant in understanding this person’s development, and how these apply to the interviewee. Utilize at least 2 theories/theorists and include at least 3 relevant and recent (from 2013 or later) journal articles to support your analysis. Discuss also if there are any discrepancies between expectations by age vs. actual observations. Use this information to analyze if this person is developing as expected from theory, or if the person’s experiences actually provide information that the theory is not fully relevant to describe the development of this interviewee.
  • Using the video of your interview, complete the computerized reflection by identifying 3 moments from recording (include time-stamps in paper) and draw conclusions based on your assessment of any concerns of your overall performance. 1. Emphasize what you have learned about yourself (including your engagement skills) from meeting with this person. 2. Identify and describe a moment where you felt your interviewing skills were the strongest. 3. Identify and describe a moment where you you felt your interviewing skills could've been better; what could you have done differently? Your reflection can be written in first person. 
  • Please include a list of at least 10-15 questions that you asked the simulated client.
  • It should be formatted in APA style regarding margins, headings, page numbers, font, reference list, appendices, and in-text citations. 

Rubric::

Introduction Clearly describes the person, their setting, system and environment: 

10 pts

This criterion is linked to a Learning OutcomeDevelopmental DescriptionContains accurate information, astute observations and shows that the interview was thorough and that the student carefully considered the developmental content

20 pts

This criterion is linked to a Learning OutcomeTheoretical AnalysisCorrectly utilizes and applies 3 theories, shows understanding of the theory and application, not just restating the theory.

20 pts

This criterion is linked to a Learning OutcomeReflectionShows depth of reflection, accurate and convincing discussion of the assessment.

20 pts

This criterion is linked to a Learning OutcomeAppendicesQuestions are useful, well stated, open ended and reflect content that would elicit information about development appropriate to the population

15 pts

This criterion is linked to a Learning OutcomeReferences & APARelevant journal sources, correctly utilized to support ideas, emphasis on content instead of authors, correctly cited and recent, within the past five years.

Learning OutcomeGrammar/Typos/APA/Use of Headings/Subheadings

Use of headings/subheading consistent with assignment instructions. Free of grammatical errors and typos. Complies with APA guidelines. It should be formatted in APA style regarding margins, headings, page numbers, font, reference list, appendices, and in-text citations.

15 pts

default image
July 1, 2023
    

This paper has some similarities with The Aging Simulation, the critical difference of this assignment now requires that you observe and interview live people. This time you will sharpen your skills of observation and interviewing while relating relevant theories to these observations. You will utilize relevant sources and theoretical material to understand the development your interviewee describes. You will construct a set of 15 open ended questions relevant to your population based on your readings and research which guide you through the interview. 

Please select one population you want to interview; young adult, mid-life, or older adult. You will be required to interview a standardized client in the Simulation Lab for 25-30 minutes. Following the interview, you will be asked to meet with your Standardized Client for feedback. This session is usually about 5 minutes. The reflection and simulated life span interview will be 20% of the grade you earn on your Life Span Interview paper. 

Young Adult

You will interview a young adult 18-30 years of age. You will interview the young adult in a simulated situation letting the client describe the process of emerging from parental oversight into the role of an adult. Use open ended questions such as, “How has your relationship with your parents changed since you have started to become more independent?” or “What factors have influenced your decisions about career, college or work?” or “What are things that have been difficult finding and building close relationships?” You will be able to fashion other questions as well after reading your text and related Canvas materials. 

Adult in Midlife

You will interview a middle-aged adult 40-55 years old. Your simulated interview should explore the changing family life cycle, including aging parents, shifting patterns in a long term partnership/marriage and children leaving home. It can also include open ended questions such as “How have you started planning for retirement?” or “What do you think it means to be in the prime of life?” or “How would you describe your adult sibling relationships?” You will be able to fashion other questions as well after reading your text and related Canvas materials. 

Older Adult

You will interview an older adult. You will interview the individual for 25-30 minutes and let the person tell the story of his or her life to you. You can use open ended questions such as, “Tell me about your childhood?” or “What are some of the things you are most proud of that you have done in your life?” or “What are some experiences that you think really made you who you are?” You will be able to fashion other questions as well after reading your class materials. 

General Paper Outline

  • 1 page, briefly explain how your interviewee sees him/herself in the general environment, as well as in the various components of his or her micro, mezzo and macro systems.
  • Developmental description.2 pages, describe your observations about this person’s biological, psychological, and social development. If there are any, note any discrepancies between your observations and what the interviewee stated.
  • Theoretical analysis.2 pages, discuss the theories/theorists that are relevant in understanding this person’s development, and how these apply to the interviewee. Utilize at least 2 theories/theorists and include at least 3 relevant and recent (from 2013 or later) journal articles to support your analysis. Discuss also if there are any discrepancies between expectations by age vs. actual observations. Use this information to analyze if this person is developing as expected from theory, or if the person’s experiences actually provide information that the theory is not fully relevant to describe the development of this interviewee.
  • Using the video of your interview, complete the computerized reflection by identifying 3 moments from recording (include time-stamps in paper) and draw conclusions based on your assessment of any concerns of your overall performance. 1. Emphasize what you have learned about yourself (including your engagement skills) from meeting with this person. 2. Identify and describe a moment where you felt your interviewing skills were the strongest. 3. Identify and describe a moment where you you felt your interviewing skills could've been better; what could you have done differently? Your reflection can be written in first person. 
  • Please include a list of at least 10-15 questions that you asked the simulated client.
  • It should be formatted in APA style regarding margins, headings, page numbers, font, reference list, appendices, and in-text citations. 

Rubric::

Introduction Clearly describes the person, their setting, system and environment: 

10 pts

This criterion is linked to a Learning OutcomeDevelopmental DescriptionContains accurate information, astute observations and shows that the interview was thorough and that the student carefully considered the developmental content

20 pts

This criterion is linked to a Learning OutcomeTheoretical AnalysisCorrectly utilizes and applies 3 theories, shows understanding of the theory and application, not just restating the theory.

20 pts

This criterion is linked to a Learning OutcomeReflectionShows depth of reflection, accurate and convincing discussion of the assessment.

20 pts

This criterion is linked to a Learning OutcomeAppendicesQuestions are useful, well stated, open ended and reflect content that would elicit information about development appropriate to the population

15 pts

This criterion is linked to a Learning OutcomeReferences & APARelevant journal sources, correctly utilized to support ideas, emphasis on content instead of authors, correctly cited and recent, within the past five years.

Learning OutcomeGrammar/Typos/APA/Use of Headings/Subheadings

Use of headings/subheading consistent with assignment instructions. Free of grammatical errors and typos. Complies with APA guidelines. It should be formatted in APA style regarding margins, headings, page numbers, font, reference list, appendices, and in-text citations.

15 pts

default image
July 1, 2023
    

This paper has some similarities with The Aging Simulation, the critical difference of this assignment now requires that you observe and interview live people. This time you will sharpen your skills of observation and interviewing while relating relevant theories to these observations. You will utilize relevant sources and theoretical material to understand the development your interviewee describes. You will construct a set of 15 open ended questions relevant to your population based on your readings and research which guide you through the interview. 

Please select one population you want to interview; young adult, mid-life, or older adult. You will be required to interview a standardized client in the Simulation Lab for 25-30 minutes. Following the interview, you will be asked to meet with your Standardized Client for feedback. This session is usually about 5 minutes. The reflection and simulated life span interview will be 20% of the grade you earn on your Life Span Interview paper. 

Young Adult

You will interview a young adult 18-30 years of age. You will interview the young adult in a simulated situation letting the client describe the process of emerging from parental oversight into the role of an adult. Use open ended questions such as, “How has your relationship with your parents changed since you have started to become more independent?” or “What factors have influenced your decisions about career, college or work?” or “What are things that have been difficult finding and building close relationships?” You will be able to fashion other questions as well after reading your text and related Canvas materials. 

Adult in Midlife

You will interview a middle-aged adult 40-55 years old. Your simulated interview should explore the changing family life cycle, including aging parents, shifting patterns in a long term partnership/marriage and children leaving home. It can also include open ended questions such as “How have you started planning for retirement?” or “What do you think it means to be in the prime of life?” or “How would you describe your adult sibling relationships?” You will be able to fashion other questions as well after reading your text and related Canvas materials. 

Older Adult

You will interview an older adult. You will interview the individual for 25-30 minutes and let the person tell the story of his or her life to you. You can use open ended questions such as, “Tell me about your childhood?” or “What are some of the things you are most proud of that you have done in your life?” or “What are some experiences that you think really made you who you are?” You will be able to fashion other questions as well after reading your class materials. 

General Paper Outline

  • 1 page, briefly explain how your interviewee sees him/herself in the general environment, as well as in the various components of his or her micro, mezzo and macro systems.
  • Developmental description.2 pages, describe your observations about this person’s biological, psychological, and social development. If there are any, note any discrepancies between your observations and what the interviewee stated.
  • Theoretical analysis.2 pages, discuss the theories/theorists that are relevant in understanding this person’s development, and how these apply to the interviewee. Utilize at least 2 theories/theorists and include at least 3 relevant and recent (from 2013 or later) journal articles to support your analysis. Discuss also if there are any discrepancies between expectations by age vs. actual observations. Use this information to analyze if this person is developing as expected from theory, or if the person’s experiences actually provide information that the theory is not fully relevant to describe the development of this interviewee.
  • Using the video of your interview, complete the computerized reflection by identifying 3 moments from recording (include time-stamps in paper) and draw conclusions based on your assessment of any concerns of your overall performance. 1. Emphasize what you have learned about yourself (including your engagement skills) from meeting with this person. 2. Identify and describe a moment where you felt your interviewing skills were the strongest. 3. Identify and describe a moment where you you felt your interviewing skills could've been better; what could you have done differently? Your reflection can be written in first person. 
  • Please include a list of at least 10-15 questions that you asked the simulated client.
  • It should be formatted in APA style regarding margins, headings, page numbers, font, reference list, appendices, and in-text citations. 

Rubric::

Introduction Clearly describes the person, their setting, system and environment: 

10 pts

This criterion is linked to a Learning OutcomeDevelopmental DescriptionContains accurate information, astute observations and shows that the interview was thorough and that the student carefully considered the developmental content

20 pts

This criterion is linked to a Learning OutcomeTheoretical AnalysisCorrectly utilizes and applies 3 theories, shows understanding of the theory and application, not just restating the theory.

20 pts

This criterion is linked to a Learning OutcomeReflectionShows depth of reflection, accurate and convincing discussion of the assessment.

20 pts

This criterion is linked to a Learning OutcomeAppendicesQuestions are useful, well stated, open ended and reflect content that would elicit information about development appropriate to the population

15 pts

This criterion is linked to a Learning OutcomeReferences & APARelevant journal sources, correctly utilized to support ideas, emphasis on content instead of authors, correctly cited and recent, within the past five years.

Learning OutcomeGrammar/Typos/APA/Use of Headings/Subheadings

Use of headings/subheading consistent with assignment instructions. Free of grammatical errors and typos. Complies with APA guidelines. It should be formatted in APA style regarding margins, headings, page numbers, font, reference list, appendices, and in-text citations.

15 pts

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