Scorekeeping and attention-directing role


Introduction:

You are the accountant of Selcom News, a local cable provider who offers services such as weekly TV guides and local-area information on weather, restaurants, and movie theaters to its subscribers.

 

However, its main revenue is from the fees charged from its subscribers and banner advertisements. The following is the revenue data from its last three half-yearly results:

 

Month/Year

Banner Advertising Revenues ($)

Actual Number of Subscribers

Monthly Fee per Subscription ($)

June 2004

400,988

28,642

14.95

December 2004

833,158

54,813

19.95

June 2005

861,034

58,178

19.95

December 2005

1,478,072

86,437

19.95

June 2006

2,916,962

146,581

19.95

Task(s):

 

Q1. Identify the five decisions that you would make, based on the information you possess as an accountant.

 

Q2. Provide pertinent information as to why you would make that decision.

 

Q3. For each decision, indicate whether you will be acting in a problem-solving, scorekeeping, or attention-directing role. Explain how.

 

 

Deliverables and format:

 

A 300-word Microsoft Word document

 

Font: Arial, 10 point

 

Line Spacing: Double

Solution Preview :

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Accounting Basics: Scorekeeping and attention-directing role
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