MANAGEMENT ACCOUNTING STUDY NOTES
ICAI - The Institute of Chartered Accountants of India
Francisco J. Issues in Accounting Education 1 February ; 26 1 : — ABSTRACT: This case exposes students to the application of regression analyses to be used as a tool pursuant to understanding cost behavior and forecasting future costs using publicly available data from Continental Airlines. Specifically, the case focuses on the harsh financial situation faced by Continental as a result of the recent financial crisis and the challenges it faces to remain profitable. It then highlights the importance of reducing and controlling costs as a viable strategy to restore profitability and how regression analysis can assist in this pursuit. Students are next presented with quarterly data for various categories of costs and several potential cost drivers, which they must use to perform regressions on operating costs using a variety of cost drivers. They must then use their regression results to forecast operating costs and conduct a profitability analysis to project quarterly profits for the upcoming fiscal year.
Principles of Management PDF, Notes | BBA, B COM 2021
The next time a customer for restoration work calls, get their name and address, write the name in the blank spot and send them the check. The client looked at me as if I were an idiot. And furthermore, I was saving him a lot of money! During that particular accounting year he completed just a little over projects. It all started at the end of the year.
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