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Epsm unit 8 accountancy department costs quiz answer key
Epsm unit 8 accountancy department costs quiz answer key. com Dec 12, 2023 · epsm unit 8 +1 Vote. a) Redundancy planning. COST REDUCTION • Cost Cutting is a key strategy to turn around. (See P/L account before MEXIT in the spreadsheet). Should I do FIP or go straight strategic options identified by the sub-committe strategic option 1- cost reduction • cutting costs is a key strategy to turn around. 2. • this is essential following mexit as we need to have free cashflows for us to meet our short-term obligation and ensure our liquidity position does not detoriate. Thank you so much Jun 1, 2024 · Calculate and compare the forecast total accounting costs in the year following MEXIT under the restructured in-house option (A); to assess which option will be most economical for Telford Engineering in the future. Apr 24, 2020 · Hi! As Kim mentioned earlier there are 4 elements of the total accounting cost for Option B: – The outsourcing cost: 292 – Redundancy cost: 25% of the current annual salaries of the redundancy – but here you have to take into account those who plan to leave before Mexit as the company do not have to pay any redundancy cost after them (this information was in the first spreadsheet) Nov 29, 2023 · Option A Retaining accountancy staff in-house, Staff members who resign leading up to MEXIT are n The retained accounting staff post-restructure, will be of the remaining accountancy department staff, due Head of accounting (unchanged salary) + 2 Fully Qu Option B Outsourcing Telford Engineering has identified a global business of payables, receivables, payroll and credit contro Outsourcing Unit 8 Strategic Options Presentation PDF - Free download as PDF File (. Appreciate if there is any help given. January 24, 2020 at 12:33 pm #559815 musowi75 EPSM UNIT 8: Integrated Case Study – Accountancy department cost quiz Q1. Jan 31, 2024 · Ask ACCA Tutor Forums ACCA Ethics and Professional Skills Module. txt) or view presentation slides online. I have already spent several day on it. July 20th 2023 AN ACCA USER Login to answer Sep 4, 2022 · can anyone please help me with the unit 8 analysis 5 questions. please help Telford Engineering's financial statement shows sales of $8 million with total costs of $6,560, including $2,000 for materials, $3,000 for staff costs across different departments, and $1,560 for other costs like overheads, distribution, general administration and finance. Jan 23, 2020 · The unit also gives examples of where/why you should be sceptical or exercise caution in relying on results to answer the other end of unit questions. ppt / . Apr 9, 2022 · Unit 8 Section 6: Accountancy group cost option A and option B Cost Hello friends, can anyone help me with the answers to cost related to option A and option B in Unit 8 Section 6. Aug 21, 2023 · Calculate and compare the forecast total accounting costs in the year following MEXIT under the restructured in-house option (A); to assess which option will be most economical for Telford Engineering in the future. May 3, 2021 · ^^ 1 - Calculate and compare the forecast total accounting costs in the year following MEXIT under the restructured in-house option (A); to assess which option will be most economical for Telford Engineering in the future. The main attraction of 40k is the miniatures, but there are also many video games, board games, books, ect. Answer to Calculate and compare the forecast total accounting to assess which option will be most economical for Telford Engineering in the future. #EPSM. thank you Jun 28, 2021 · Hello, Chau Huynh Pham Ngoc, can you help me i EPSM for solving regression analysis question in unit 7? I couldn`t do it, I tried multiple times, but I couldn`t get the right number. can you please kindly assist. Subscribed. d) Redundancies within the accountancy department quiz. I don't know where I'm going wrong and I've been on this for a day now. ACCA Ethics Module - Unit 8 Presentation on Strategic options discussed by the sub-committee formed under Head of Accounting, Jamie Roberts. Feb 10, 2022 · epsm acca unit 8, 9 or 10HI, IF YOU NEED ANY HELP IN ANY UNIT OF EPSM ACCA specially unit 7,8,9 and 10 of epsm acca, KINDLY CONTACT AT dapurette@gmail. EPSM Unit 8 Presentation. • Cost cutting comes under crisis stabilisation, wherein the top priority is t improve the immediate cash flows following the MEXIT decision. Answer to Enter the accountancy department costs for Option B: Incorrect X I'm trying to get the answers to the Integrated Case study questions in unit 8 of Professional Ethics Module. EPSM unit 8 syllabus. Retagged June 12th 2024 Aug 6, 2013 · About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features NFL Sunday Ticket Press Copyright development quiz Section 8: April’s story a April’s story Section 9: Unit summary a Unit summary PERSONAL EFFECTIVENESS Summative assessment – the learner is faced with a challenging task where they are asked to guide April, a member who wishes to progress in her career. This unit of the module introduces the concept of commercial awareness as the ability to view situations from a commercial or business perspective, considering factors that influence the success of a business and an understanding of the business processes, relationships, risks and costs. Enter the accountancy department costs for Option A (to the nearest $M'000). that are all connected in the 40k universe. This results in a net profit of $1,440,000. 6K views 6 months ago. Aug 12, 2023 · Hello all, I am struggling to past EPSM unit 7 end of the unit quiz. c) Deciding on who to retain. Enter the accountancy department costs for Option A (to the nearest $M’000). Now you could either refer what you studied in previous papers or even just use basic common strategies. 2 3 4 Fall in export volume is a one-off reduction due to MEXIT. It involves identifying and describing the fundamental aims of the project from a business perspective. epsm acca unit 8, 9 or 10HI, IF YOU NEED ANY HELP IN ANY UNIT OF EPSM ACCA specially unit 7,8,9 and 10 of epsm acca, KINDLY CONTACT AT dapurette@gmail. During the month, 10,000 units were started, and 8,000 units were completed and transferred to Department 2. I am really stuck here for days now. Oct 8, 2022 · Calculate and compare the forecast total accounting costs in the year following MEXIT under the restructured in-house option (A); to assess which option will be most economical for Telford Engineering in the future. I do not know where I am going wrong when I am attempting the first question. EPSM unit 1. However, the final assessment has a two-hour time limit. Jan 5, 2020 · Hi isabelber. Would you please lead me how to get to the answers? Many thanks for your kindness! Aug 16, 2023 · Calculate and compare the forecast total accounting costs in the year following MEXIT under the restructured in-house option (A); to assess which option will be most economical for Telford Engineering in the future. For the first question I entered the below formula: Please can someone indicate what’s wrong in my formula. Aug 13, 2023 · EPSM - UNIT 8. Even if a formula for a guide to the answers would really help. • We have already outsourced the majority of the Accounting department functions which has helped reduce costs. EPSM Unit 8 strategic option quiz 2 As a result of MEXIT, Telford Engineering had lost 30% of its pre-MEXIT export sales to CETA customers, due to increased trade and tariff barriers with CETA. We would like to show you a description here but the site won’t allow us. Showing the workings and answers of the quiz in unit Dec 20, 2023 · For your answer only state the first two digits and do not include any symbols, for example, "72". Jan 19, 2020 · Please note that the ask the tutor forums are a free service – not a 24/7 answering service. b) Meeting with CFO to discuss options. Objective of ACCA EPSM. Telford Engineering is considering two options for its accounting department following expected resignations: 1) Retaining staff in-house at increased salaries or 2) Outsourcing most functions to an offshore partner. Information on the syllabus content and structure for unit 8 of the Ethics and Professional Skills Module. Yes – if prompt is $’000 you give answer to nearest 000 – so 100 in your example. A community for fans of the critically acclaimed MMORPG Final Fantasy XIV, with an expanded free trial that includes the entirety of A Realm Reborn and the award-winning Heavensward and Stormblood expansions up to level 70 with no restrictions on playtime. This qualification grants you Warhammer 40k is a franchise created by Games Workshop, detailing the far future and the grim darkness it holds. This is just “basic” cost/management accounting from MA (F2). 33 subscribers. pdf), Text File (. I would like some help with questions 1,2,5,6 . Apr 11, 2020 · Then – because the difference between contribution and profit is fixed cost – the impact on profit will be the same as the impact on contribution, unless there is a step in fixed costs (which a scenario would have to indicate – you could just guess it). pptx), PDF File (. thanks. June 12th 2024 AN ACCA USER. So I can complete the unit. July 25th 2021 AN ACCA USER 1-Calculate and compare the forecast total accounting costs in the year following MEXIT under the restructured in-house option (A); to assess which option will be most economical for Telford Engineering in the future. Thank you in anticipation. 8625; 5; 8 months ago. Jul 3, 2024 · I am stuck on EPSM Unit 8 Integrated Case Study. hassan0901. . I am stuck on this quiz and tried many times but didn't find the correct answer, can anyone please help. Enter the Welcome to r/accesscontrol, Reddit's one-stop shop for everything relating to access control systems and security systems in general. This post has been hidden 131 student(s) online now Back to Posts Aug 13, 2023 · Hello all, I am struggling with the accounting department cost quiz in the EPSM unit 8. Mar 16, 2022 · I stuck in Unit 8: Analysing the 6 strategic options, I tried many times to work out the answers but still cannot pass the total six questions. But when i insert my answer either the difference between post and new profit or only the net profit after post mexit, my answer still wrong. c) Accountancy department costs quiz. docx), PDF File (. Is anyone available to walk we through the exercise. Option 2 would does anyone know how to solve this EPSM question of Unit 8 Accountancy department Quiz Unit 8 Quiz, calculating the cost under inhouse or outsourced options Dear Everyone, hope you are doing well. Unit 2: Personal Effectiveness. can any one help me with the answers of about accounting department costs option a and option b. If you have read the posts on this thread you should know that I do not have the answers to give you and I and ACCA would ask you to REFLECT on the ethical and professional issues raised by your request. 84. . ACCA New EPSM answers about unit 7 and unit 8 calculation answers. Hello all, I am struggling with the accounting department cost quiz in the EPSM unit 8. b) Redundancy planning quiz. Jul 20, 2023 · EPSM Unit 8 issues +1 Vote. Option 1 would leave the department with a head of accounting, 2 FQ accountants, 3 PQ accountants, and 4 technicians at 10% higher pay plus 25% extra in costs. txt) or read online for free. Nov 29, 2021 · Please, can some one help guide me with formulas for answers of Q1, 2 and 3 of Screen 1 of 1 under creating a report (Integrated key study scenario of Unit 8 of EPSM). Integrated case study. Equivalent units of production for Mar 17, 2022 · Even i am stuck with this part! did you find any answer? epsm unit 8 accountancy costs opentuition Apr 14 2024 unit 8 progress test answer key version a free download as pdf file pdf text file txt or read online for The total cost of making the staff redundant under the outsource option is estimated to be 25% of their current annual salaries. If anyone managed to pass the assessment. I don’t currently have access to this unit but I would say “impact” should be difference because it is asking for the effect. Jun 12, 2024 · I am struggling with EPSM Unit 8, Accountancy department cost quiz, could you please help me with this? #EPSM. FURTHER INFORMATION Assumptions: 1 Exit from CETA takes place in one year’s time. Feb 26, 2022 · strategic options identified by the sub- committee strategic option 1- cost reduction • cutting costs is a key strategy to turn around. - Free download as Powerpoint Presentation (. In this unit, the professional skills developed in the previous six units are tested. But I couldn't get the right answer for Q2 onwards. Started by: Ralph2023. Aug 6, 2023 · I’m not able to get right answer for the following question (EPSM UNIT8 Quiz): Calculate and compare the forecast total accounting costs in the year following MEXIT under the restructured in-house option (A); Answers for Unit 8 of ACCA EPSM Analysing the strategic options. Section 11: Human resource planning. I am not able to find the answers to the questions. +5 Votes. epsm unit 8. The other key constraint that people face is the time that they have available to work within. Outsourcing would mean that 40% of the other non-staff accounting department costs could be saved each year. Calculate the forecast post-exit (after MEXIT) accounting department costs as a percentage of sales on the assumption that all staff who resign, pre-MEXIT, are replaced. Feel free to talk shop, share pictures of your work, share any advice and ask any questions to get you out of trouble! Aug 16, 2023 · Calculate and compare the forecast total accounting costs in the year following MEXIT under the outsource option (B); to assess which option will be most economical for Telford Engineering in the future. The ending work in process units in Department 1 are 100% complete as to materials and 70% complete as to conversion costs. 5 6 7 Assume all other costs are fixed in respect of sales volume. They must use the skills learned throughout this unit to make Aug 15, 2023 · Hi guys, I am struggling with unit 8 department cost assessment. #COMMUNITY. View 8 ACCA EPSM UNIT 8 INTEGRATED CASE STUDY. The personal effectiveness unit is about maximising the quantity and quality of your work output and how you communicate and interact with others as you do so making the most of the resources that are available to you. zhrgzg. Section 12: Strategic planning Mar 3, 2020 · Hi Rupesh, i am stuck at this step- the answer to the 6 strategic options, would you be so kind to share with me your findingsstrugling to undertsand what the qs are asking of memany thanks. pdf from AA 1 ANSWER-KEY-UNIT-7-STUDY-GUIDE-CH-16 test Screen 3 of 5 How much additional profit would be Apr 8, 2021 · Hi Indra, I have tried calculating Q3 net profit after deducting the mention staff cost saving. To earn ACCA membership, you must qualify for EPSM ACCA. The document outlines four strategic options identified by a subcommittee: 1) Cost reduction through outsourcing accounting and finding domestic alternative suppliers. Jan 9, 2024 · UNIT 7: DATA ANALYTICS; UNIT 8: INTEGRATED CASE STUDY; UNIT 9: STRATEGIC PROFESSIONAL SUPPORT; UNIT 10: EPSM FINAL ASSESSMENT; The ACCA EPSM module can be completed at any time. specifically the calculating the accounting department costs? #EPSM. I managed to solve Q1. You need to calculate the effect on profitability of implementing each of the options you are asked about and not to calculate the actual updated profit after the option has been implemented. It's basic strategy on how to save the losses due to the circumstances. Mar 29, 2021 · Here's a little more info for those of you working on Unit 8 of the EPSM module - we hope this helps your understanding of the section. Please help me out if you can. Study with Quizlet and memorize flashcards containing terms like Department 1 started the month with no work in process. Mar 17, 2021 · Ethics module unit 8 - Free ACCA & CIMA online courses from OpenTuition Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams a) Re-organisation of the accounting department.
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