Provide Essay Responses to Both Questions Listed Below: (Each response should be

Question

Provide Essay Responses to Both Questions Listed Below:

(Each response should be 1-2 pages, typed, single spaced, with proper grammar and in a professional format).

QUESTION 1: (1-2 Pages)

How does Managerial Accounting benefit students who are not majoring in accounting? Be specific rather than general, and discuss concepts learned in the course.

QUESTION 2: (1-2 Pages)

How can a Professor make ACT222 more interesting and understandable for students? Discuss specific ideas and tools which should be used.

Explanation / Answer

Answer 1

Today, we will make clear the advantages of management accounting. After reading this, you will surely study all concepts of management accounting more deeply for becoming perfect in it.

Management accounting is needed in business because it has capacity to change the business performance and financial position. Please pay attention to the advantages of management accounting.

1st : Increase Efficiency :

Management accounting increases the efficiency of operation of company. Everything is done in management accounting with a scientific system for evaluating and comparing the performance. With this, we find deviations. We will take promotional decisions on this basis. Other employees will also be motivated with this because if their performance will be favourable, they get reward of this. Thus management accounting increases efficiency.

2nd : Maximizing the Profitability :

Using of management accounting's budgetary control and capital budgeting tool, company can easily succeed to reduce both operating and capital expenditures. After this, company can reduce its price and then company will receive super profits.
3rd : Simplify the Financial Statements

For taking different managerial decisions, management accountant provides deep technical reports with simple interpretations in which he mentions the facts of financial statements, after this, company's management officers understand what is in financial statement and how will they use this for company's progress.

4th : Control of Business's Cash Flow :

It is one of important advantage of management accounting that it can be used for controlling of business's cash flow. We all know that cash in hand is better than in fixed properties if there is emergency to pay our loan or debt. So, management accountant deeply studies from where is money coming and where is it going. To check on misuse of money will surely control of business's cash flow.

5th : Business-critical Decisions

To take business - critical decisions, now management accounting will become more powerful. Global management accountants are coming for join on one plate-form for taking all business critical decisions.

SO keeping the above points in mind , even if dont have it in major it is important for a student to learn how things work in a company . In Future if you planned to have your business managerial accounting will help you to run your business smoothly .

Answer 2

These teacher tools are useful for a variety of reasons. Most save students and teachers time while some simply make it easier to connect with others. Whatever you’re looking for, make sure you know about these apps and web tools before stepping foot into the classroom. These tools can be used as part of your ‘teacher toolkit’ or ‘arsenal’ depending on how aggressive you view your teaching style.

The Most Popular Teacher Tools We’re Seeing Used

1.Google Apps

Okay, this one is more than a single tool. It’s a suite of apps and tools in itself. From Google Drive to Hangouts, there are tools that let you collaborate, communicate, and share your knowledge with others. Because it’s so popular, we thought it belonged at the top of the list. It’s also the king of the mountain because it’s used by so many school and teachers worldwide!

2. Twitter

The king of PLNing (is that a word?), Twitter is the go-to resource for millions of teachers around the world. While many are still unsure about setting up their profile or jumping in with both feet, Twitter continues to catch on with teachers young and more experienced alike. Look for this to continue over the coming year as Twitter rolls out new features we’re hearing about. Hint hint.

3. Skype

I’ve been using Skype in education for years now and it’s proven to be an effective way to collaborate and communicate with others around the world. It saves me a ton of money and lets me communicate with friends and colleagues in countries typically hard to reach. Look for the Skype in the Classroom to continue solid growth.

4. YouTube

What can’t you find on YouTube? That is, of course, if it isn’t blocked in your school. In any case, it’s getting pretty easy to skirt the block if you use your judgement and simply use your smartphone (not wi-fi) or cell-powered iPad / Android tablet to connect to YouTube. With a cell connection and an HDMI cable you can hook up to your in-room projector with ease!

5. Evernote

Evernote is valued to be worth more than the New York Times. There’s a reason for that. It’s crazy useful, saves time, and keeps your life organized. They’re adding in new features on a somewhat regular basis, but it’s the core functionality that keeps teachers (and students) coming back to keep their digital life and classroom in sync.

6. Dropbox

Like Evernote, Dropbox lets you keep your digital life in sync. Only it lets you do it the old-fashioned way. Dropbox makes it easy to store just about any file you can imagine in the proverbial ‘cloud’ by just using their freemium product. You get a folder on your desktop that you can drag stuff into. Then it’s in the cloud. That makes it so your files are accessible anywhere from smartphones to tablets to desktops. I use it every single day!

7. Edmodo

Edmodo is the go-to way for teachers to have an online classroom worth using. It lets students share resources, hold online discussions, get grades, and basically just learn together. It’s collaborative and simple to use. What more could you ask for?

8. Class Dojo

The folks at Class Dojo know how to keep your class in line. They’ve gamified classroom behavior and you stand to benefit. They recently rolled out a few updates that let students, teachers, and even parents participate in the process. Worth trying if you’re looking to keep your classroom in line!

9. WordPress (And Other Blogging Software)

Coming out of nowhere, there has been a big push to get principals, teachers, parents, and even students to blog. There are services like edublogs that let you do that but many are now building their own WordPress-powered websites in an effort to establish themselves as having a bit more credibility. Plus, a self-hosted blog lets you have total control over your site. Worth trying if you haven’t!

10. Socrative

Signing up more than 1,000 new users a day, Socrative is on fire. The popular engagement platform lets you easily get your students excited to raise their hand (digitally and physically). What more could a teacher ask for?!

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