Question

准备期末考了，要准备老师给的题目，但是又没听课啊~~贴上Management Accounting 的题目，要用英文回答

1. Management accounting is important for the company. (Give five reasons)
2. What are the differences between management accounting and financial accounting?
3. What are the advantages and disadvantages of management accounting?
4. What is cost and expense? Explain directly cost and indirectly cost (Give an Example)
5. Explain cost diver and cost object (Give an Example)
6. What is costing system and what is the purpose of costing system?
7. Which resources do you need in order to implement management accounting costing system?
8. What is the purpose of value chains?
9. What is overhead cost?
10. Explain the difference between service company and manufacture company (Explain those overheads)
11. ABC VS Traditional costing system (why the ABC has becoming more and more important)
12. The benefit of ABC and the limitation of ABC.
13. ABC VS Overhead (Explain the difference)
14. What are the budgeting system and the purposes of budgeting?

Answer 1

第一道1提供全面的管理信息To provide comprehensive management information2 客观预测经济前景，能动参与经济决策Objective to predict the economic prospects, active participation in economic decision-making 3切实规划经营目标，有效控制经济过程To plan the management goal, the effective control of the economic process4严格实行绩效考评Strict implementation of performance appraisal……