MPMA7113 Managerial Accounting – Assignment 1, CUM, Malaysia
| University | City University Malaysia (CUM) |
| Subject | MPMA7113 Managerial Accounting |
Part A – Assignment 1
Question 1 (CLO1,2):
Critically evaluate the role of managerial accountants as ethical gatekeepers within financial institutions like Lehman Brothers.
How could these professionals have proactively identified red flags and raised concerns about the firm’s fraudulent accounting practices?
Question 2 (CLO1,2):
Critically evaluate the role of costing systems, such as activity-based costing, in helping Lehman Brothers make more informed decisions.
How could activity-based costing have provided insights into the true costs and profitability of the firm’s various business activities compared to the traditional costing method?
Question 3 (CLO1,2):
Utilizing cost-volume-profit analysis, analyzing the impact of Lehman Brothers’ high leverage and exposure to risky assets on its financial performance and stability.
How could a better grasp of cost behavior and operating income have guided strategic decisions within the organization?
cta-question_3
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