Question 1: Explain how the Margin of Safety is used to internalize managerial accounting concepts.
Question 2: Demonstrate how relevant costs of cash flow can be used to make decisions in managerial accounting.
Question 3: Shed light on how relevant and irrelevant data are used to draw managerial accounting conclusions.
Question 4: What are the parameters that decide what to do with differential costs and revenues in managerial accounting?
Question 5: Clearly demonstrate how incremental costs affect managerial accounting's goals.
Question 6: What are the driving forces and future plans for the activities of a temporary factory or department closure as a managerial accounting role in preventing defective operations?
Question 7: What implications does the phrase "permanent abandonment of premises" have for managerial accounting practices?
Question 8: How does product mix affect managerial accounting?
Question 9: Is the price-demand relationship a reliable indicator of managerial accounting development? How?
Question 10: In your managerial accounting department, explain the full cost plus pricing (absorption) for the majority of businesses.