Homework answers / question archive / ACC5301 Management Applications of Accounting Digital Marketing and Accounting PowerPoint Presentation Book: Managerial Accounting, Enhanced eText James Jiambalvo Unit 8 Introduction During Unit VIII, we will be studying performance evaluation techniques

ACC5301 Management Applications of Accounting Digital Marketing and Accounting PowerPoint Presentation Book: Managerial Accounting, Enhanced eText James Jiambalvo Unit 8 Introduction During Unit VIII, we will be studying performance evaluation techniques

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ACC5301 Management Applications of Accounting

Digital Marketing and Accounting PowerPoint Presentation Book: Managerial Accounting, Enhanced eText

James Jiambalvo

Unit 8 Introduction

During Unit VIII, we will be studying performance evaluation techniques.  The topics covered include the advantages and disadvantages of decentralized organizations in terms of cost controls, return on investment, and the balanced scorecard.  Decentralization within organizations enables managers to make decisions that impact their units, which facilitates quicker response times to time-sensitive decisions.  The concept of responsibility accounting clarifies what each level of management within an organization is responsible for and can control.  Essentially, managers are allowed to make decisions based on the level of responsibility they have within the organization.  The higher the level of management, the more responsibility managers have to control company-wide costs.  Depending on the level of responsibility a manager has within a company determines whether the manager is responsible for a cost center, profit center, or investment center.  A manager of a cost center can only control costs within the unit.  A manager of a profit center controls both costs and revenues.  A manager of an investment center controls costs, revenues, and how well assets are being utilized, including investments in assets.  The return on investment considers how much income is produced in addition to how an investment in assets is being utilized.  A balanced scorecard approach is useful for evaluating firm performance measures to create a strategy for future business success.  The main elements of the balanced scorecard approach include financial performance, customer perspective, internal processes, and learning and growth.     

A lab assignment will be due this week to reinforce concepts studied during Unit VIII.  In addition, your PowerPoint presentation is due this week.  In this presentation, you will present the findings of your cookie business using PowerPoint.  The learning objectives for this assignment include applying accounting concepts and standards to the creation of accounting information and reports.

Instructions

Cookie Business Final Presentation

 

Now that you have completed running some calculations for the cookie business in Unit VII, you will present your findings.

The learning objectives of this project allow you to apply accounting concepts and standards to the creation of accounting information and reports.

***Using your final project from Unit VII (see attachment) as a guide, create an eight- to ten-slide PowerPoint presentation. In this presentation, you want to summarize what you found and discuss how you think these findings will help you make better business decisions. In addition, provide future recommendations for the cookie business based on your report findings.

Your presentation slides should be somewhat simple (incomplete sentences, bullets, etc.) with appropriate graphics or images. You must add content to your presentation (completed sentences) through either the notes feature in PowerPoint or by creating a video of you presenting your presentation, uploading your video to YouTube, and sharing the link to your video on the first or second slide of your presentation. (PowerPoint presentation only No video).

The following resources will help you with your presentation:

PowerPoint Basics (This will show you how to add notes to your presentation.)

 YouTube Upload Instructions

Be sure to use 7th edition APA formatting throughout, and reach out to the Writing Center or the CSU Online Library for assistance with research, writing, and formatting. Include at least two resources from the CSU Online Library in your report.