WEEK 1 DQ 2If a managerial accountant were to question the ethical behavior of a colleague, what course of action do you think the accountant should takeWEEK 1 DQ 1How has the Sarbanes-Oxley Act of 2002 affected financial reporting for publicly traded companies? Do you think that the Sarbanes-Oxley Act is effective in promoting ethical behavior for financial professionals? Why or why not?WEEK 2 DQ 1Choose a specific company within an industry that none of your other classmates have chosen. Describe how CVP Analysis could be used by this company. Provide at least two examples.WEEK 2 DQ 2Respond to Ethical Issue 21-1 found at the end of Chapter 21 in the textbook.WEEK 3 DQ 1Respond to Ethical Issue 22-1 found at the end of chapter 22 in the textbook.WEEK 3 DQ 2Describe how you could use what you have learned about budgeting in your personal life.In this Module the reading materials focus include the steps taken by businesses to achieve their planned levels of profits â a process called profit planning. Profit planning is accomplished by preparing numerous budgets, which, when brought together, form an integrated business plan known as a master budget.All, Why do organizations budget? And what are some of the processes they use to create budgets?WEEK 4 DQ 1Respond to Ethical Issue 23-1 found at the end of chapter 23 in the textbook.According to the IMA Statement of Ethical Professional Practice, regarding confidentiality, Lane has the responsibility to …. refrain from using confidential information for unethical or illegal advantage. What does this mean to Lane in this situation? Can you relate this to a situation you have been faced with at work?WEEK 4 DQ 2Max Points: 5.0Choose one of the following variance types, and give an example of what it indicates about a companyâs operations:Favorable direct materials price varianceFavorable direct materials quantity varianceFavorable direct labor rate varianceFavorable direct labor efficiency varianceFavorable variable manufacturing overhead rate varianceFavorable variable manufacturing overhead efficiency varianceUnfavorable direct materials price varianceUnfavorable direct materials quantity varianceUnfavorable direct labor rate varianceUnfavorable direct labor efficiency varianceUnfavorable variable manufacturing overhead rate varianceUnfavorable variable manufacturing overhead efficiency varianceChoose a variance that has not been chosen by another one of your classmates, or provide an explanation that differs from those explained by your classmates. Participate in follow-up discussion by challenging your classmatesâ posts, expanding upon your classmatesâ posts, and/or providing additional alternatives with regard to reasons for the variances.WEEK 5 DQ 1Respond to Ethical Issue 25-1 found at the end of chapter 25 in the textbook.Do you think that Tan’s belief that outsourcing would simplify her job is additional support for outsourcing? How should she utilize the additional time? etc. does this matter?WEEK 5 DQ 2What types of business decisions can the managerial accountant support? Give an example of one decision that is supported by managerial accounting and the type of report that might be generated to help make the decision identified.WEEK 6 DQ 1Respond to Ethical Issue 26-1 found at the end of chapter 26 in the textbook.Part of management accountability is managersâ responsibility to the various stakeholders of the company, including customers, creditors, owners, employees, suppliers, governments, and the communityâall parties who have an interest in what the company does, and how it is done.All, What are the fundamental ethical issues of this example?WEEK 6 DQ 2Choose a well-known publicly traded company that none of your other classmates have chosen, and describe the operating segments reported (this information will be in the notes to the financial statements). Include a link to this financial statement in your post. Choose one segment and discuss what items might be common costs for that segment. Participate in follow-up discussion by choosing two or more of your classmatesâ posts and adding your ideas about segment margin and common costs for the company selected. How might the segment try to reduce costs?WEEK 7 DQ 1For the company you chose in Module 6, return to the financial statement and perform a horizontal analysis on the income statement. What is the trend in the companyâs net income? What changes are primarily driving this trend? Include a link to this financial statement in your post. Participate in the follow-up discussion by challenging or adding to your classmatesâ answers to the above questionsWEEK 7 DQ 2Respond to Ethical Issue D-1 found at the end of Appendix D in your textbook.What effect will reclassifying the long-term investments as short-term on the company financials? Which ratio will this effect?WEEK 8 DQ 1Identify a publicly traded company, and explain three ways that this company might use managerial accounting information. Do not select a company that one of your classmates has already posted on. Participate in discussion by suggesting additional ways that companies could use managerial accounting information.WEEK 8 DQ 2Of all of the managerial accounting topics that you learned about this semester, which one(s) do you think you might use in your career? Why is this important, and how do you see using this managerial accounting information? Participate in discussion by providing suggestions for other uses of managerial accounting information or by asking questions regarding classmatesâ posts
