Managerial accounting

Problem 1 Regarding cost allocation theory you are asked to describe; 1. What is the purpose of cost allocations, 2. What are the consequences of allocating costs/not allocating costs, 3. The basic principles in; a. The Direct Allocation Method, b. The Step-Down Method and, c. The Reciprocal Allocation Method. 4. Discuss advantages and disadvantages for […]

Managerial Economics

Principal-agent relation is linked to the issue of moral hazard? Using a suitable empirical context, assess the severity of the problem and briefly suggest possible solutions to the problem(s) that you have identified   Discuss how the principal-agent relation is linked to the issue of moral hazard? Using a suitable empirical context, assess the severity of […]