Discussions
Long-Term Decision Making
List a few of the issues and considerations businesses should have when it comes to the selection of long-term investments and how those issues impact the various financial statements.
Guided Response:
Review your peer's posts. Respond to at least two of your peers describing how these issues can be overcome by the tools discussed in this chapter and why (i.e., looking at IRR, NPV, cash flow).
Responsibilities in Management Accounting
Review the rights and responsibilities of Certified Management Accountants:
https://www.imanet.org/PDFs/Public/CMA/RIghts_Responsibility_CMA.pdf
What are some of the ethical responsibilities and obligations that management accountants have within an organization? Provide some examples. Are these responsibilities different than the obligations for financial accountants?
Guided Response:
Review your peer's posts. Respond to at least two of your peers outlining the responsibilities that you feel are the most important to management accountants.