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Week 1 Discussion Questions
To receive full credit, please respond to one of the following questions. You must also respond to the posts of 2 other students.
Tell us about yourself so you can meet and greet other fellow Grantham University students within your course. Include what you believe to be your current knowledge level of this course topic and what you hope to learn before the course is over.
Compare and Contrast Managerial Accounting and Financial Accounting. Be sure to discuss how managerial accounting is useful for providing information for at least one of the following management functions: planning, directing, controlling.
To act ethically in accounting/business is only necessary to follow the law. Do you Agree or disagree? Give at least three specific reasons for your answer and provide at least one counter argument and rebut it.
Week 2 Discussion Questions
Provide and discuss an example of a situation where a company would use a job cost sheet. As part of your analysis, be sure to explain the nature and importance of a job cost sheet.
Discuss the advantages and disadvantages of Job Order Costing. Be sure to include specific examples of the advantages/disadvantages that you discuss.
Week 3 Discussion Questions
What is the difference between operations costing and a process costing system? How does a company decide whether to use a job order or a process cost system
How does the treatment of costs differ in ABC systems as opposed to traditional cost systems
Week 4 Discussion Questions…