Acc 206 Discussion Questions 1 & 2

DQ #1: Long-Term Decision Making

READ – Chapter Eight – Decision making

WRITE – a minimum of 200 words addressing the following questions:

List a few of the issues and considerations businesses should have when it comes to the selection of long-term investments and how those issues impact the various financial statements.

DQ #2: Responsibilities in Management Accounting

READ – Chapter Eight – Decision making

WRITE – a minimum of 200 words addressing the following questions:

Review the “Rights & Responsibilities of a Certified Management Accountant” article. What are some of the ethical responsibilities and obligations that management accountants have within an organization? Provide some examples. Are these responsibilities different than the obligations for financial accountants?