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2511 Prac Exam 2014 (1).docx

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Administrative Studies
ADMS 2511
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2511PracticeFinalExaminationEffectiveMarch122014Page1THREE HOURS IN LENGTHQuestion Marks Time Allocation1269422486Totals50180 minutes 3 hours36 minutes per markQuestion 1 26 marks94 minutesBraxford Management Inc BMI located in Bradford Ontario manages residential and commercial buildings such as apartment towers office complexes and condominium corporations The company manages over 5000 properties across Canada It employs 400 people who handle accounting property maintenance and other functions In addition to having these employees BMI outsources work to companies that are local to the properties that it managesOne of BMIs subsidiary companies BAS Braxford Accounting Services Inc sells property management accounting software and also provides accounting services BMI has grown by having an active sales force and by acquiring other property management companies This meant that over time BMI acquired numerous different accounting systems To provide for effective reporting middleware was developed that translated key files accounting information and detailed sales data for example into a data warehouse for data analysis and management RequiredAYou work as a manager for Condominium Corporation No 123 Your condominium building has about 300 units Your employer would like your assistance in deciding whether to purchase BASs property management accounting softwareDescribe three 3 criteria that you would use to assess whether your employer should purchase this software 3 marks 11 minutesBFor each of the following data analysis techniques describe the technique and provide an example of how BMI could use it 4 marks 14 minutes Describe the technique 12 mark eachProvide an example of how BMI could use it 12 mark eachSensitivity analysisWhatif analysisGoalseeking analysisDigital dashboards
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