Managerial Accounting (ACC-650)

Describe how the responsibilities of a manager might differ between a cost center, a profit center, and an investment center. How do the reports differ for each?
 

Centralized and decentralized operations refer to the structure of decision-making within an organization. What are  Examples in the real world of this

Explain the difference between centralized and decentralized operations. Describe the advantages and disadvantages of both.

Using an industry resource, such as the Wall Street Journal, research a current issue or controversy related to capital investment. Provide a link to the article along with a one-paragraph summary. Share your opinion about whether the capital investment was a good business decision for the organization. Use the topic Resources, what you have learned in the course, and your own outside research to formulate and support your opinion about the situation.

Participate in follow-up discussion by choosing one of the articles on which your classmates posted and discuss a possible drawback to the capital investment made by the company they reported about.

First prepare the contribution margin income statement at the $ 248 000 $248,000 sales level.                                          Global Travel Contribution Margin Income Statement Three Months Ended March 31, 2025                                                                             Net Sales Revenue $ 315,500   Variable Costs 138,820   Contribution Margin 176,680   Fixed Costs 173,000   Operating Income $ 3,680

The purpose of this assignment is to help you explore careers in accounting and finance.

Access and complete the GCU Career Compass, located in the Topic 2 Resources. Write a 1,750-2,000-word essay that explains what you learned by completing the Career Compass and how it will help you determine your career path in accounting. Note: The essay may be written in first-person voice, but it must be grammatically correct. Include the following:

1. Describe the knowledge gained from taking the Career Compass.
2. Describe how the information gained from the Career Compass will influence your studies in accounting and accounting career.
3. Explain the career opportunities available in the accounting career path as determined by the Career Compass.

Include a minimum of two references.