ZIMBABWE SCHOOL EXAMINATIONS COUNCIL (ZIMSEC) ADVANCED LEVEL SYLLABUS BUSINESS STUDIES 9198 EXAMINATION SYLLABUS FOR 2008-2012 2 BUSINESS STUDIES ZGCE Advanced Level 9198 CONTENTS Introduction Syllabus Aims Assessment Objectives Scheme of Assessment Curriculum Content Notes for Guidance Resource List PAGE 2 2 2 3 3 10 25 3 INTRODUCTION 1.1 The aim of this syllabus is to enable Centres to develop Business Studies courses that are suitable for Advanced Level candidates
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NATURE OR ELEMENT MATERIAL COST * Cost of materials used for the manufacture of a product, a particular work order, or provision of a service. * Example: Cloth for making a dress, stores used for maintaining machines and buildings such as lubricants, cotton waste, bricks etc. LABOUR COST * Labour cost is defined as the total expenditure borne by employers in order to employ workers. Labour costs include the direct costs linked to remuneration for work carried out such as direct
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with an electronic spreadsheet package found in today’s business world. TOPICS Topics to be covered in this course: • • • • • • • • • • • • • Managerial Accounting—Definition and Perspective Cost Terms, Concepts, and Classifications Job-Order Costing Process Costing Cost Behavior Analysis Cost-Volume-Profit Relationships Profit Planning and Budgeting Standard Costs and Variance Reporting Flexible Budgets Segment Reporting and Profitability Relevant Costs for Decision Making Statement of Cash Flows
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factor’s usage. c. The individual that is driving to and from work this week in the car pool. d. Assigning direct costs to cost objects. 5.Using Figure 1 as a guide, which cost system is used? Figure 1 a. Process Costing b. Job Order Costing c. Service Costing d. Actual Costing 6.When a company announces that it is planning on cutting costs, what usually happens to the company’s stock? a. Nothing b. Goes down in value c. Goes up in value d. Depends on numerous factors 7.Spending on testing
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receiving welfare benefits should undergo drug testing to qualify. Critics argue that it is discrimination and unconstitutional, but it is requiring no more than almost any job that you apply for that requires you to pass a drug test in order to qualify for that job and benefits. As of now, the only thing that you must show in order to qualify for government assistance is that you are below the income requirements. I think that this encourages more citizens to not work, have children, and live off of
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GSU MBA 8115, Syllabus, Aderhold Room 204, 4:30-7pm, Wednesday, Spring, 2010 MANAGEMENT ACCOUNTING This course introduces you to a select set of topics on managerial decision-making and control, including basic cost concepts, inventory process systems, budgeting, performance measures, segments and transfer pricing. We will examine the current practices of these elements of managerial control in decentralized business organizations and conceptual issues related to designing effective managerial
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food and beverage operations, whilst also developing a range of practical operational skills. Unit abstract This unit introduces learners to the practical aspects of food and beverage production and service. Because of the nature of their job, hospitality managers need to have basic levels of practical skills, enabling them to work effectively within different kitchen and restaurant environments. Managers may need to work in kitchen and restaurant environments to support operational staff
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International Journal of Trade, Economics and Finance, Vol. 1, No. 2, August, 2010 2010-023X Factors Influencing Activity-Based Costing Success: A Research Framework Zhang Yi Fei and Che Ruhana Isa becoming more and more popular [3-7] ABC aims to provide accurate costing information to managers to allocate activity costs to products and services by applying cost drivers [8]. Academics who advocate ABC, such as, Cooper and Kaplan [9], and Swenson [10] argue that it provides more accurate cost
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Radiator parts fabrication has the lowest overhead cost of the departments, but not the lowest overhead rate cost per hour. The lowest cost per hour is the compressor assembly and test department with a $4.00 overhead rate per hour cost. The highest costing department is the compressor parts fabrication, which has only five thousand machine hours, but an overhead cost of $120,000. Having such a high cost and lower hour rate made the overhead rate per hour cost sky rocket and end up being $24.00 an hour
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Cost Accounting – Huvudbok med tillhörande föreläsningar Kapitel 1 Management Accounting – Förse ledning och anställda med relevant information, både finansiella och icke finansiell information för att användas som beslutsunderlag. Finansiell information – Priser, täckningsbidrag, Icke finansiell information – Kundnöjdhet, kvalité, innovation mm. Management Accoutnings tre attribut: Den innehåller både finansiell och icke finansiell information. Tittar tillbaka på historiska
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