Log in
Accounting
1
answer
0
watching
103
views

Using the organization/company that you work for, or have workedfor in the past, how do they (1) align the budget withorganizational goals and (2) align the budget with the mission ofthe company? How are capital decisions made? If you were in aposition that you could change things, what would you change? Why?Support your answer with credible sources. If you have never workedfor an organization, use the library to find an article related tobudgeting. Summarize the key points made in the article. Cite yoursources using proper APA format (both in-text and referenceentries).

Watch
1
answer
0
watching
103
views

For unlimited access to Homework Help, a Homework+ subscription is required.

Hubert Koch
Hubert KochLv2
28 Sep 2019

Unlock all answers

Get 1 free homework help answer.
Already have an account? Log in
Share

Related questions

Discussion: you will assume the role of an entrepreneur. Youwill create a fictional organization and consider some costingconcepts as you create it.

First, compose a full paragraph that describes the organization.Be sure to include the name of your company, the product (orproducts) or services that it provides, and who your intendedcustomer base would be. Think strategically about what you canoffer that a customer base would see as valuable, and what basicbusiness model would help you to be most profitable.

1.Once you have outlined the company and its goals, pleaseconsider and answer the following questions:

2.Identify at least one fixed and one variable cost you willhave in producing your product(s) or service(s).

3.Identify at least one potential sunk cost.

4.Identify a potential relevant cost decision you would have tomake and explain which aspects of the decision might be relevantand which ones would not be relevant.

5. Explain how opportunity costs could apply to one or more ofyour products and/or services.

6. Identify at least one outsourcing decision in which you would“buy” and at least one outsourcing decision in which you would“make." Keep in mind these can be not only production issues butissues related to how your business is structured. Explain theanalysis you would use in arriving at an item you would “buy” andthe analysis you would use in arriving at an item you would“make.”

Your initial posting should be between 300 to 400 words and usea minimum of three sources (one of which may be the textbook). Citeyour sources and references using APA format (a tutorial isprovided in the Class Tutorials Section of the course).

You will use two items to complete Part II. First, go back andreview the company that you created for the Discussion. Thinkstrategically about the company, its products and services, andissues related to cost. Then, review the case study on Boeing(http://web.mit.edu/ctpid/lara/pdfs/abccasestudy.pdf) to understandhow activity-based costing and activity-based management can impactmanagerial decisions within firms. Once you have completed thesetwo activities, respond to the following questions in the spaceprovided below. You should use source materials, citations ANDreferences (in APA format) to help support your answers. Generally,3-5 sources (or more) should be used. Remember to double space youranswers as well.

Topic A (10 points) – Using the company you created in Module 2,if you were to conduct an ABCM pilot in the organization, thenwhich stakeholders would be most likely to support the project?Which stakeholders would find the project threatening orproblematic? Why?

Answer:

Topic B (10 points) – Do you believe that make-buy decisionswould be better, worse, or no different with an ABCM system inplace? Why do you reach this conclusion?

Answer:

Topic C (10 points) – Do you believe that continuous improvementefforts would be strengthened by such a system? Why or why not?

Answer:

Topic D (10 points) – Do you have enough evidence here to decidewhether you would support or oppose an ABCM initiative within yourcompany? If so, then explain. If not, then what additional data orinformation would you need?

Answer:

References: (10 points)

a) What is Asset Liability Management? Enumerate the roles andresponsibilities of the various governance structures available toa bank with regard to its interest rate risk management. b) What isInterest Rate Risk? Mention and explain the various sources ofinterest rate risk in a typical banking book. c) A bank has thefollowing balance sheet extract as at 31st March 2018. Using thetable above, i) Calculate 1-year; (a) Rate Sensitive assets (RSAs)(b) Rate Sensitive Liabilities (RSLs) (c) 1-year re-pricing Gap ofthe bank ii) What is the gap ratio of the bank? iii) What is theimpact of 2% increase in interest rate on the bank’s net interestincome over 1-year period? iv) Suppose interest rate increase by2.5% on assets and 2% on liabilities over the next 1-year.Calculate the cumulative impact on the 1-year Net Interest Incomeof the bank. Question 2 The Treasurer of Esabelle Company Ltd hasforecasted that the company will have excess cash in the next 12months and is therefore looking for a place to invest. As atreasury consultant advise the treasurer with regard to thefollowing: a) The things to consider before investing b) Theavailable Investment products on the Ghanaian financial market c)The various investment strategies he can adopt and considerationsthat should be made before adopting such strategies. Question 3 a)Explain what is meant by Bank Credit Creation and Cash ReserveRequirement b) Ansaba Bank Ltd received GHS 1m deposit from one ofits trusted customers who had hidden the cash under his pillowsince 1st July 2007 on 15 November 2017. The bank is required bylaw to keep 10 % of all its customer deposit with the Central Bankin a non-interest bearing current account. i) Calculate the maximumloan Ansaba Bank can grant with this loan if the bank does not keepany excess reserve ii) Suppose the number of banks in the economyis 5, how much loans can be created? What if the number of banks inthe economy is infinite? iii) Explain two mechanisms the centralbank can use to influence credit creation in the economy. iv) TheBank of Ghana’s Monetary Policy Committee (MPC) has reduced thePolicy rate cumulatively by 300 basis points since the beginning ofthe year. Explain briefly the impact the reduction in the policyrate will have on the economy of Ghana. Question 4 a) The followingextracts were taken from the Bank of Ghana websites as at 23rd June2018: 91-Day Treasury Bill Rate-13.3251% Interbank Rate-16.23%Monetary Policy Rate-17% Using the above information and the newmodel, calculate the Ghana Reference Rate as at 23rd June 2018. Thecurrent Cash Reserve Requirement (CRR) is 10% and the industryagreed Cash in Vault (CIV) limit is 2%. b) The following extractswere taken from the balance sheet for the month ended 31st March2018 for Bank XYZ which has been operating in Ghana for the past 20years. Products Balances (GHS m) Customer Rate Personal Loans(Floating) 350 GRR + 5% Corporate Loans (Floating) 565 GRR+4% Timedeposits(1yr maturity) 300 GRR-3% Savings 500 GRR-10% In additionthe following data is available: 91-day Treasury bill rate isforecasted to reduce by 200bps over the next 1 year, whilst theMonetary Policy and the Interbank Overnight Rates are forecasted todecline by 300bps and 250bps respectively. i) State the variousinterest rates on the bank’s products. What is the Bank’s NetInterest margin? ii) Suppose the forecasted interest rates aretrue, calculate the impact on the bank’s net interest margin in thenext 1 year. iii) Repeat (ii) assuming the bank is able to pass ononly 50% and 75% of the rate change to its liability and assetscustomers respectively. iv) The bank’s internal funds transferpricing to the Corporate Banking unit is 18.5%. At a managementmeeting held recently, the Corporate Director was not happy withthe internal funding rate as he claims it is making pricingunprofitable. Do you agree with his complain? Explain your answer.a) What is Asset Liability Management? Enumerate the roles andresponsibilities of the various governance structures available toa bank with regard to its interest rate risk management. b) What isInterest Rate Risk? Mention and explain the various sources ofinterest rate risk in a typical banking book. c) A bank has thefollowing balance sheet extract as at 31st March 2018. Using thetable above, i) Calculate 1-year; (a) Rate Sensitive assets (RSAs)(b) Rate Sensitive Liabilities (RSLs) (c) 1-year re-pricing Gap ofthe bank ii) What is the gap ratio of the bank? iii) What is theimpact of 2% increase in interest rate on the bank’s net interestincome over 1-year period? iv) Suppose interest rate increase by2.5% on assets and 2% on liabilities over the next 1-year.Calculate the cumulative impact on the 1-year Net Interest Incomeof the bank. Question 2 The Treasurer of Esabelle Company Ltd hasforecasted that the company will have excess cash in the next 12months and is therefore looking for a place to invest. As atreasury consultant advise the treasurer with regard to thefollowing: a) The things to consider before investing b) Theavailable Investment products on the Ghanaian financial market c)The various investment strategies he can adopt and considerationsthat should be made before adopting such strategies. Question 3 a)Explain what is meant by Bank Credit Creation and Cash ReserveRequirement b) Ansaba Bank Ltd received GHS 1m deposit from one ofits trusted customers who had hidden the cash under his pillowsince 1st July 2007 on 15 November 2017. The bank is required bylaw to keep 10 % of all its customer deposit with the Central Bankin a non-interest bearing current account. i) Calculate the maximumloan Ansaba Bank can grant with this loan if the bank does not keepany excess reserve ii) Suppose the number of banks in the economyis 5, how much loans can be created? What if the number of banks inthe economy is infinite? iii) Explain two mechanisms the centralbank can use to influence credit creation in the economy. iv) TheBank of Ghana’s Monetary Policy Committee (MPC) has reduced thePolicy rate cumulatively by 300 basis points since the beginning ofthe year. Explain briefly the impact the reduction in the policyrate will have on the economy of Ghana. Question 4 a) The followingextracts were taken from the Bank of Ghana websites as at 23rd June2018: 91-Day Treasury Bill Rate-13.3251% Interbank Rate-16.23%Monetary Policy Rate-17% Using the above information and the newmodel, calculate the Ghana Reference Rate as at 23rd June 2018. Thecurrent Cash Reserve Requirement (CRR) is 10% and the industryagreed Cash in Vault (CIV) limit is 2%. b) The following extractswere taken from the balance sheet for the month ended 31st March2018 for Bank XYZ which has been operating in Ghana for the past 20years. Products Balances (GHS m) Customer Rate Personal Loans(Floating) 350 GRR + 5% Corporate Loans (Floating) 565 GRR+4% Timedeposits(1yr maturity) 300 GRR-3% Savings 500 GRR-10% In additionthe following data is available: 91-day Treasury bill rate isforecasted to reduce by 200bps over the next 1 year, whilst theMonetary Policy and the Interbank Overnight Rates are forecasted todecline by 300bps and 250bps respectively. i) State the variousinterest rates on the bank’s products. What is the Bank’s NetInterest margin? ii) Suppose the forecasted interest rates aretrue, calculate the impact on the bank’s net interest margin in thenext 1 year. iii) Repeat (ii) assuming the bank is able to pass ononly 50% and 75% of the rate change to its liability and assetscustomers respectively. iv) The bank’s internal funds transferpricing to the Corporate Banking unit is 18.5%. At a managementmeeting held recently, the Corporate Director was not happy withthe internal funding rate as he claims it is making pricingunprofitable. Do you agree with his complain? Explain youranswer.

Weekly leaderboard

Home
Homework Help 3,900,000
Accounting 580,000
Start filling in the gaps now
Log in