I’m studying for my Accounting class and need an explanation.
Discussion Questions:
Q1: What does IMA stand for and explain two of its many functions (2 sentences maximum).
Q2: How does management decide whether a cost is direct or indirect? Give an example of a cost object. (Three sentences maximum.)
Q3: What is the difference between contribution margin and gross margin (two sentences maximum)?
Q4: How do you distinguish actual costing from normal costing? (3 sentences maximum.)
Use the guidelines below.
- Formatting: Format your discussions in the following ways:
- Times New Roman font, size 12
- Include your name
- Include references to credit any text, video, or other materials that you used as sources (including your textbook).
- Content: Your discussions will be graded based on the discussion rubric as well as the style of your writing.
- Mechanics: You are expected to use proper mechanics, and you will lose points for grammatical, spelling, or punctuation errors.
Discussion Board Grading Rubric for AC 401 |
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CATEGORY |
DESCRIPTION |
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Format and Mechanics (4 points maximum) | Formatting as described above including font, name and reference(s). (4 points maximum) | |
Connectedness (2 points maximum) |
Citations from the readings, lectures, and other course materials are included that support postings and response to peer’s post. (2 point maximum) |
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Content (2 points maximum) |
Posts are factually correct, rich in content, full of thought, insight, analysis, depth, and detail. Postings clearly advance the discussion. (2 point maximum) |
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Respect (2 points maximum) |
Offers an opposing view in a respectful and professional manner; avoid sarcasm. (2 point maximum) |