If operating segments are based on geography rather than products or services, can they still be aggregated?
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If operating segments are based on geography rather than products or services, can they still be aggregated?
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- How are the value chain and management accounting related? Distinguish between a cost center, a profit center, and an investment center using appropriate examples.The management approach requires a firm to define segments on the basis of its internal organizational structure. What are the advantages in defining segments on this basis?Which of the following is NOT correct about cost center and cost unit?Select one:a. A cost center is defined as "a location, person, or item of equipment for which costs may be ascertained and used for the purpose of control.b. a cost center refers to a section of the business to which costs can be charged. It may be a location, an item of equipment, or a person.c. A cost unit is defined as a unit o/product, service or time in relation to which cost may be ascertained or expressed.d. In any organization, there is either cost center or cost unit; they are alternatives for each other.
- What is the relationship between the value chain and management accounting? With the use of suitable examples, distinguish among a cost centre, profit centre and an investment centre.The management approach requires a firm to define segments on the basis of its internal organizational structure. What are the advantages in defining segments on this basis?What is the difference between intermediate products and final products in management accounting?
- Can you explain the comparables method?( Must include how it works , key factors ,how we determine the more effective company)Two or more operating segments may be aggregated into a single operating segment if the segments have similar economic characteristics, and the segments are similar in which of the following respects: I. the nature of the products and services II. the nature of the production processes III. the type or class of customer for their products and services IV. the methods used to distribute their products or provide their services V. if applicable, the nature of the regulatory environment, for example, banking, insurance, or public utilitiesDo you think transaction processing systems differ significantly between service and manufacturing industries? Are they equally important to both sectors?