The Benefits of the Application of Activity Based Cost System
2. Should read the Case study thoroughly and answer the given questions: (You will find the case study in the Attachment)
1. How does the Cost Accountants and Managerial Accounts differ from financial managers in the given case?
2. Is there a need for using Activity based Costing in budgeting system in organisations?
3. What are the practical issues faced by Company in the given while implementing budgeting systems?
4. Discuss the value chain of given Case Company.
5. Analyze the strategy followed by the CEO of given company while preparing Master Budgets.
6. What are the advantages of functional budgets and ABC approach?
7. How does the pricing policies differ in your case?
8. Clarify the various types of approaches discussed in the case.
1-Each answer of questions must be half page
2-Content Format: 12” font size
Headings: 16” font size
Subheadings: 14” font size
Font Type: Times New Roman