Question 1:
A consulting company that provides software and services relating to business intelligence and analytics has a library of customer success stories on its website at https://www.sas.com/success/indexByTopic.html#1000.1001.0000. Select and read one of the success stories relating to Activity-Based Management. Summarize the success story, and relate the ideas of the article to what you have learned this week in this course.
Question 2:
The State of Rhode Island publishes its budget and the supporting information at www.omb.ri.gov/budget/index.php. Access the budget and answer the following:
- What are the duties of the budget office? (Hint: Use the Primer link.)
- What are the six governmental functions listed in the budget?
- What are the major sources of Rhode Island's revenues?
- What is the accounting basis used in the preparation of the budget? (Hint: Use the Primer link and scroll down until you see the Budget Basis section.)
- The budget mentions four categories of program performance measures. List them, and briefly describe how they are used in Rhode Island. (Hint: Use the Primer link and scroll down until you see the Program Performance Measures section.)
- What did you learn from reviewing the most recent budget of the State of Rhode Island?
- What do you think the biggest challenges are when it comes to preparing their budget?
You can use my book from the source I provided its called Managerial accounting and Chapter 6, 9 and 8 is what we covered this week.