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Memorization Exercise:
1. Making a song out of terms that are otherwise unassociated and boring
is one proven way to remember vocabulary. Write a song incorporating at
least ten terms from Module One. It can be as long or as short as you want.
Make sure that it ties the terms you use together and addresses how they
relate to each other. Set it to the melody of a nursery rhyme or a song that
you enjoy. You do not have to perform this and it does not have to be good.
Submit the song that you wrote as your assignment and try singing it to
yourself during the day.
Essay Question:
Write a 500 word minimum essay discussing how lean versus traditional
production might affect a management accountant trying to calculate a
company’s costs. How would the information a management accountant
would use to determine company costs change depending on type of
production?
Essay Question:
Module 5
Blank
Write a 750 word essay on your reactions to this call for change in our
accounting systems to truly account for the costs of production. Do you
think this is realistic? What value would obtain from following the practices
being proposed. Where do you think firms might struggle with this
approach?
Module 7
Blank
What specific accounting data might best help you manage the problem or
systemic issue you are addressing? What insights would such data
produce? If such accounting data is not currently available, what might be
done to generate such accounting metrics? How might the existing
accounting data be misleading or biased in relation to the insights you are
seeking?