Posts Tagged: qualitative issues in cost decision making

Hong Kong’s Duty

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Ethical Dilemma, Financial Accounting, Intermediate Accounting, International Accounting, Managerial Accounting, Uncategorized.

According to Bloomberg, even though Hong Kong’s stock market hit record highs this month, the turnover is too low. Now the exchange operator is considering asking the government to remove or reduce a tax on stock transactions. Questions: 1. What is the current stamp duty on both sides of the trade and what does that… Read more »

Sifting through the numbers

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, Auditing, Cost Accounting, Ethical Dilemma, Financial Accounting, Intermediate Accounting, Managerial Accounting, Uncategorized.

According to Bloomberg.com, General Electric (GE) Co.’s last quarter earnings were 28 cents a share. They were also 13 cents a share, 19 cents a share and 15 cents a share — all at the same time. How can this be? Questions: 1. What do the numbers include or exclude? 2. What are the new… Read more »

It all depends on you!

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Financial Accounting, Intermediate Accounting, Managerial Accounting, Video Updates.

According to the New York Times, Disney has decided to commit to a legacy move by doubling down on the concept of streaming. At its side will be a little-known company known as Bam Tech. Questions: 1. Describe Bam Tech’s record of service and why it is so attractive to Disney. 2. From a strategic… Read more »

Now you see it, now you don’t! The disappearing down payment!

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Financial Accounting, Intermediate Accounting, Managerial Accounting, Uncategorized.

Because many real estate markets across the U.S. are in the middle of an affordability crisis, the trend of rising home prices, tight access to credit, and slow homebuilding has resulted in a group of millennials that cannot find enough rentals, but do not have a downpayment for buying new homes. That’s where Unison Home… Read more »

Big Business for Kids’ Sports

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Financial Accounting, Intermediate Accounting, Managerial Accounting, Uncategorized.

According to Time, a range of private businesses are mining deep, do-anything parental love for kid’s who want to train to pursue sports at the national level. The U.S. youth-sports economy–includes everything from travel to private coaching to apps that organize leagues and livestream games; it is now a $15.3 billion market, according to WinterGreen… Read more »

Hurricane Harvey cruises

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Financial Accounting, Fraud Accounting, Income Taxes, Intermediate Accounting, Managerial Accounting, Video Updates.

As Hurricane Harvey begans to bear down on Texas, thousands of vacationers aboard cruise ships were left stuck at sea until the storm passed. Questions: 1. Approximately how many vacationers were stuck at sea near Galveston, Texas? 2. If guests wished to terminate their cruise, where were they taken to dock? 3. If you were… Read more »

Bachelor Parties and Millennials

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Financial Accounting, Income Taxes, Intermediate Accounting, Managerial Accounting, Uncategorized.

According to Time magazine, millennials spend an average of $1,532 to be a guest at a single weekend for a bachelor party. Questions: 1. How much on average do millennials spend to be a guest at bachelorette parties? 2. How much on average do millennials spend on the big day of the wedding? 3. Does… Read more »

Let’s Eat with Amazon!

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According to Reuters, “Amazon.com Inc is exploring a technology first developed for the U.S. military to produce tasty prepared meals that do not need refrigeration, as it looks for new ways to muscle into the $700 billion U.S. grocery business.” Questions: 1. What are some of the dishes that Amazon plans to offer? 2. What… Read more »

Is this fraud?

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According to Bloomberg, “CVS Health Corp. and Walgreens Boots Alliance Inc. were sued by California customers who accused the drugstore operators of charging co-payments for certain prescription drugs that exceed the cost of medicines.” Questions: 1. What do Schultz’s and Grabstulz’s lawsuits claim in specific terms? 2. Cases have also been filed against which health… Read more »

The Cost of Drugs: Generic or Maybe Not….

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Ethical Dilemma, Financial Accounting, Intermediate Accounting, Managerial Accounting, Uncategorized.

The standard advice for consumers is: if you are prescribed a medicine, always ask if there is a cheaper generic. Questions: 1. According to the article, why are consumers told the opposite on some drugs – take name brand drugs and pay a higher co-pay? 2. What does Dr. Diller mean by “It’s Alice-in-Wonderland time… Read more »