The articles provide different dimension which support the above topic. For example “partnership of Low income parent/families with school to improve child literacy, multicultural, families, as well as the general review of effective ways “the partnership of parents will result in better literacy skills of their children for now and in the future.
1. Provide one example (discuss) of a company that utilized stakeholder or societal responsibility to benefit profit responsibility. Provide one example of a company that utilized societal responsibility at the expense of stakeholder or profit responsibility. If you can’t think of a company you may discuss these topics in a general sense.
2. Consider moral philosophy and its impact on marketing strategy. How does each of the following philosophies affect targeting, advertising, products, retail locations, pricing, or other variables? Provide an example for each.
a. Moral Idealism
b. Utilitarianism
Question 1: (1 Mark)
Briefly describe the main operations (activities) of Briscoe Group Ltd.
Question 2: (2 Marks)
According to accounting theory, for who is the annual report prepared. Provide specific referenced information here from the New Zealand Framework (give paragraph number) on why financial statements are prepared.
Question 3: (2 Marks)
a) Using group dollar figures for the 2014 year present the accounting equation ($ Assets = $ Liabilities + $ Equity)
b) Explain why the accounting equation always holds true.
BBSD 501 Introduction to Accounting 3
Question 4: (3 Marks)
a) Research and identify the international accounting standard (IAS or IFRS) for inventories and explain the measurement rule that applies in this standard.
b) Has Briscoe Group Ltd used this measurement rule? (Reference required to the paragraph in the report.)
Question 5: (2 Marks)
What is meant by the accounting concept of depreciation?
Question 6: (2 Marks)
What is amortisation? Has the group applied the concept of amortisation within the financial statements? Provide details and reference your source (paragraph in the annual report).
Question 7: (1 Mark)
Describe the accounting policies the group has chosen to account for current assets “Trade and other Receivables”. Reference your source. Hint; also look in the Significant Accounting policies and “Trade receivables”
Question 8: (4 Marks)
a) What is the 2014 total value of property plant and equipment (Carrying amount)?
b) What method of depreciation is used for property plant and equipment?
c) Why will the group have chosen this particular method of depreciation?
Question 9: (3 Marks)
a) According to accounting theory (standards), what is meant by the term contingent liability ?
b) Does the group have any contingent liabilities (contingencies)? Provide reference details.
Question 10: (1 Mark)
Details of all expenses are not listed in the group Income Statement (Statement of Comprehensive Income). Explain why this is and where other information can be found on expenses.
Question 11: (1 Mark)
Does the group have an overall positive or negative cash flow for the 2014 year? Explain your answer using the totals of the three main cash flow activities.
Question 12 Mini Analysis Report. (18 Marks)
You are required to formally report to Beverly White, on the following issues within the Briscoe group. Set this up as a formal report. See the Moodle site “Important course information” for guidance on this report. 3 marks
The issues to report upon:
o Operating revenues (sales) changes between 2013 and 2014. Identify this change and explain why revenues may have changed. You will need to refer to the chairman and Group CEO’s review. 4 marks
o Calculate the gross profit percentage for 2012 and 2013
Interpret the results on the gross profit %. Ie make comments on what has occurred. 4 marks
BBSD 501 Introduction to Accounting 4
o Comment on the group profit or deficit (after tax) for the 2014 year? State whether it is a deficit or surplus. Explain the reasons for the change from 2013 to 2014.
3 marks
o State the dividend yield for the Briscoe Group on Friday 3 October; at close on the NZX. Explain the ratio and interpret your results. 4 marks
PART C: ESSAY 40 marks
“Measurement issues exist in accounting for property plant and equipment.”
Required:
Discuss the above statement. Ensure you explain the following issues
o What the purpose of the balance sheet financial statement (refer specifically to the New Zealand Framework)?
o What is meant by measurement?
o What are the difficulties of measurement? Use the measurement policies adopted by the Briscoe Group for property plant and equipment to help explain your arguments.
In neoclassical growth models the sources of growth are exogenous, usually “technology”. Such theoretical models hence are able to describe how an economy grows, but not why it grows. To overcome this shortcoming, several growth models have been developed that make growth an endogenous variable. In contrast to neoclassical growth theory, endogenous growth theory argues that policy measures (such as subsidies on R&D and education) can have an increase long-run growth rate of an economy.
Write an essay
· Developing a brief summary of endogenous and exogenous growth theories.
· Analyzing the impact of government policy on the long-term growth rate of an economy.
For this discussion, identify the appropriate application of standardized scores to reflect on their benefits and to interpret how test scores and measures are commonly presented.
Review Chapter 3 of your course text, which introduces probability and the standard normal distribution. Examine the assumptions and limitations presented in these topics and then consider and discuss the following questions:
When comparing data from different distributions, what is the benefit of transforming data from these distributions to conform to the standard distribution?
What role do z-scores play in this transformation of data from multiple distributions to the standard normal distribution?
What is the relationship between z-scores and percentages?
In your opinion, does one do a better job of representing the proportion of the area under the standard curve? Give an example that illustrates your answer.
The variables in the data set are as follows:
V1 = Region around Melbourne where property is located (1 = North, 2 = West, 3 = East, 4 = Central)
V2 = Property type (0 = Unit, 1 = House)
V3 = Sale result (1 = Sold at auction, 2 = Passed-in, 3 = Private sale, 4 = Sold before auction). Note that a blank cell for this variable simply indicates that the property did not sell.
V4 = Building type (1 = Brick, 2 = Brick veneer, 3 = Weatherboard, 4 = Vacant land)
V5 = Number of rooms
V6 = Land size (Square metres)
V7 = Sold Price ($000s)
V8 = Advertised Price ($000s)
Column A (PN), contains the property identification numbers for the 400 properties.
Assignment Tasks (Part III)
Answers to the assignment tasks must be based on the sample data file that you created in Part I of the assignment. As for Part II, most tasks in Part III of the assignment require you to obtain an Excel output prior to performing some analysis. Copy and paste these outputs to your assignment MS Word document immediately preceding any subsequent analysis. Explanations must be precise and to the point. Charts and tables must have appropriate titles and numerical values must be rounded to an appropriate number of decimal places and accompanied by the correct units of measure.
There are four tasks in Part III of the assignment. You must meet all task requirements to receive full marks. No marks will be awarded to a task that requires an Excel output, if a print copy of the output has not been included with your answer. No marks will be awarded if only the Excel outputs are submitted without comments, explanations or the analysis required in the task.
Task 6
(a) By reference to numerical summary measures in the Descriptive Statistics table obtained in Task 5, provide three pieces of distinct evidence that might suggest that your sample “Sold Price” data has been obtained from a normally distributed population. What is your conclusion? Note: Make sure your three pieces of distinct evidence only contain one relating to the shape of the sample data.
(b) Regardless of your conclusion in (a), assume your sample “Sold Price” data have been obtained from a normally distributed population, and calculate, using Standard Normal tables, approximately how many “Sold Price” data values in your sample you would expect to lie within 1.5 standard deviations of the mean (i.e. between z = –1.5 and z = +1.5).
(c) Use your sorted “Sold Price” sample data from Task 4, and the mean and standard deviation from the Descriptive Statistics table of Task 5, to manually count the number of “Sold Price” data values in your sample that lie within 1.5 standard deviations of the mean. State whether this count matches, approximately, your answer to (b) and hence whether this result confirms (or not) your conclusion in (a).
Task 7
(a) Use Excel to produce a Descriptive Statistics table for the “Sold Price” variable in your sample suitable for constructing an interval estimate of the population mean “Sold Price”. Hence determine:
(i) A point estimate of the mean “Sold Price” of the population of properties.
(ii) A 90% confidence interval estimate of the mean “Sold Price” of the population of properties.
(b) Make a brief verbal statement explaining the meaning of the confidence interval estimate obtained in (a) in the context of the variable in this task.
(c) If the population mean “Sold Price” is actually 650 ($000s), would you consider the interval estimate obtained in (a), to be satisfactory? Explain why or why not.
Task 8
(a) By reference to the Descriptive Statistics table obtained in Task 7, determine a 99% confidence interval estimate of the mean “Sold Price” of the population of properties using the following formula:
(sample statistic) ± (critical z or t) × (standard error of the sample statistic)
(b) Comment on the precision of this interval, in particular, compare the precision associated with this interval with that obtained in Task 7. Explain why the direction of the change in precision that you have observed in these two intervals ought to be obvious prior to constructing the two intervals.
Task 9
(a) Use Excel to produce a Descriptive Statistics table for the brick veneer properties in your sample suitable for constructing an interval estimate of the population proportion of brick veneer properties. Hence determine:
(i) A point estimate of the proportion of brick veneer properties in the population.
(ii) A 99% confidence interval estimate of the proportion of brick veneer properties in the population.
(b) Make a brief verbal statement explaining the meaning of the confidence interval estimate obtained in (a) in the context of the variable in this task.
(c) If the population proportion of brick veneer properties is actually 42%, would you consider the interval estimate obtained in (a), to be satisfactory? Explain why or why not.
Task 1
1.Explain the importance of costs in the pricing strategy of Tata Motors Limited. (A.C: 1.1)
2.Design a costing system for use within Tata Motors Limited. (A.C: 1.2)
3.Propose improvements to the costing and pricing systems used by Tata Motors Limited presently, keeping in view the future contingencies. (A.C: 1.3)
Task 2
1.Apply forecasting techniques to make cost and revenue decisions in Tata Motors Limited. (A.C: 2.1)
2.Assess the sources of funds available to Tata Motors Limited. (A.C: 2.2)
Task 3
| Month | Sales (Rs.) | Purchase (Rs.) | Wages (Rs.) |
| March | 148000 | 134000 | 11000 |
| April | 156000 | 136000 | 12000 |
| May | 152000 | 170000 | 13000 |
| June | 144000 | 180000 | 12000 |
| July | 136000 | 150000 | 11000 |
Notes:
(i) 50% of the credit sales are realized in the month following the sales and the remaining in the second month following. Creditors are paid in the month following the month of purchase.
(ii) Cash at bank on 1.05.2014 is Rs.23,000.
(iii) Assume that payments are made in the month in which the costs are incurred.
Using a flexible budgeting approach, redraft the control statement below based on ‘Absorption’ and ‘Marginal’ costing methods. Assume Selling Price as Rs.150. (A.C: 3.3)
| Original Budget | Actual Results | |
| Sales units | 1400 | 1500 |
| Costs: | Rs. | Rs. |
| Direct Materials | 11200 | 12400 |
| Direct Labour | 14800 | 23800 |
| Variable Overheads | 30000 | 33600 |
| Fixed Overheads | 42000 | 38800 |
| Total Cost | 98000 | 108600 |
Task 4
Task 5
| Particulars | Expected Cash Flows | |
| Period | Project Alpha | Project Beta |
| 0 | (50000) | (50000) |
| 1 | 11000 | 15000 |
| 2 | 13000 | 14500 |
| 3 | 14000 | 13000 |
| 4 | 14500 | 12000 |
| 5 | 15000 | 11000 |
Novotel Ltd. is considering a new investment alternative Project-X which incurs an initial investment of Rs. 100,000. The expected cash flows from the project for its life period of 5 years are given below. The cost of capital of the company is 12% and it expects an inflation rate of 10% which affects the cash flows associated with the new investment alternative. Calculate the NPV and IRR of Project-X adjusting inflation factor to the cash flows and interpret the results accordingly. (A.C: 5.2)
| Period | Expected Cash Flows |
| 0 | (100000) |
| 1 | 24000 |
| 2 | 25000 |
| 3 | 27000 |
| 4 | 32000 |
| 5 | 34000 |
Tango Ltd. is considering a new investment alternative Project-X which incurs an initial investment of Rs.70,000. The expected cash flows from the project for its life period of 5 years are given below. The company is planning to raise debt capital of Rs.100,000 for proposed project at 10% rate of interest. The cost of capital of the company is 15% and the tax rate applicable is 35%. Calculate the NPV and IRR of Project-X with adjusting the tax advantage on interest payment to the cash flows and interpret the results accordingly.
| Period | Expected Cash Flows |
| 0 | (70000) |
| 1 | 15000 |
| 2 | 16000 |
| 3 | 17600 |
| 4 | 20000 |
| 5 | 21000 |
Task 6
(i) Current ratio
(ii) Quick ratio
(iii) Interest coverage ratio
(iv) Gross profit ratio
(v) Net profit ratio
(vi) Debt-equity ratio
1. For what reason were the flies placed in a refrigerator before use?
2. From your results what correlation appears to exist between the different kinds of blowfly activity and temperature? Suggest possible reasons.
3. How would you classify the type of behaviour displayed by the flies in this experiment?
4. What was the purpose of the control in this experiment?
5. What conclusions can you draw as a possible relationship between behaviour and physiological processes in this example?
Environmental factors such as temperature, humidity and light influence insect growth and development, but also insect behaviour. Hence, environmental stimuli often cause specific behaviours. This practical examines some of these effects.
Insects are poikilothermic organisms, which means their internal temperature is generally similar to their surroundings.
A. THE EFFECT OF TEMPERATURE ON THE ACTIVITY OF FLIES
Purpose
To measure the activity of a sample of Queensland fruit fly at a series of temperatures from 5C to 45C. Four different types of activity are to be considered:
1. Fidgeting – when a fly may move its head, clean itself, but not change its position
2. Walking, and
3. Flying
4. Inactive
Procedure
1. Flies have been placed in a refrigerator for several hours before use.
2. Each group collects 10 flies.
3. Tightly plug the opening with cotton wool, allowing a thermometer to fit through it. Place the bottle in a beaker of ice water until the temperature is 5 degrees celcius
4. Introduce ten undamaged flies into the bottle and replace cotton wool and thermometer. Leave flies 5 minutes to adjust to the temperature.
5. Count the number of flies engaged in each type of activity mentioned before, and those that are inactive. Repeat the count again after 10 seconds and continue doing this until 10 counts have been made (i.e. 100 individual readings). Record all counts in a table that has been prepared previously.
6. Slow raise the temperature of the water in the beaker to 10C. Allow 5 minutes to adjust to the new temperature. Make counts as before.
7. Continue increasing the temperature by 5 degree intervals until it reaches 50C, always allowing the apparatus to stand 5 minutes after the new temperature has been reached.
8. A control experiment should be set up at the same time. It consists of a bottle set up in the same manner as that used in the experiment, containing ten flies kept at room temperature. The activities of flies should be observed at the same intervals of time as the observations for the experiment are made.
9. For the report: graph the results of all groups; plot the percentage of flies displaying each type of activity as the ordinate and the temperature as the abscissa. Draw separate curves on the same axes for each type of activity.
Conduct a detailed analysis of the various key operational elements involved in the business you have chosen as your subject, beginning with an assessment of the macro-processes that make up the organization’s global supply chain.
Demonstrate a clear and coherent strategy for achieving competitive advantage through the application of modern theory and practice to improve operational performance.