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Mpc Activities Summary

In: Business and Management

Submitted By miaomiaoapril
Words 1085
Pages 5
In-class activity 1: Identifying control problems and MCS
Source case / paper:
Wong’s Pharmacy (textbook p. 20) AND Leo’s Four-Plex Theater (textbook p. 19)
In-class activity questions / objectives:
Wong’s Pharmacy:
1. What is the main problem facing Wong’s pharmacy?
2. What options are available to Thomas Wong?
Leo’s Four-Plex Theater:
3. What are the key controls problems at Leo’s Four-Plex Theater?
4. State the control measures implemented in the theatre and the purpose and limitations of each
5. Are the problems caused primarily by inadequate existing controls and what improvements would you suggest?
In-class activity 2: The role of management accounting information in controlling an organisation
Source case / paper:
Kaplan, R. S., 1984, The Evolution of Management Accounting, The Accounting Review, Vol. LIX, No. 3, pp. 390-418 (SO page 92 to 120).
In-class activity questions / objectives:
1. What is the role of accounting information in controlling an organisation?
2. Outline the historical development of the use of management accounting information to control organisations.
3. Why may profit not be a good criterion to “motivate and evaluate short-term performance” in all cases?

In-class activity 3: Controls at the Bellagio Casino Resort
Source case / paper:
Case Study: Controls at the Bellagio Casino Resort (textbook p. 134)
In-class activity questions / objectives:
Focus on the three key roles at three levels of authority in the casino – blackjack dealers, pit bosses, and the vice president of table games.
1. Prepare a list of the key controls described in the case for blackjack dealers, pit bosses, and the vice president of table games. What key control problems are they designed to address?
2. How would you characterize the “control strategy” (e.g., tight vs. loose) used over each of these roles (blackjack...

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