MAS INTRO

Question 1

Nature of Management Consultancy

In the future, HIN wants to solve BBQ problems

Answer 1

Behalf of the management
Broad in scope
Qualified staff

Future
Problem solving

Human relation
Involves varied engagement
Non recurring

Question 2

Management stages

POC D.

Answer 2

Planning
Organizing / Directing
Controlling (performance evaluation/ actual vs. plan)
Decision Making

Question 3

Provide services and advice to line manager
upward or lateral
SUPPORT

Answer 3

Staff position

CFO
ACCOUNTING MANAGER
LEGAL DEPT

Question 4

directly responsible for achieving goals
downward/ command authority

MOPS

Answer 4

Line position

MARKETING, OPERATIONS, PRODUCTION, SALES

Question 5

Controller

Answer 5

Reporting and Recording and protection of assets

includes economic appraisal

Question 6

Treasurer

Answer 6

All related to money or capital

Question 7

Standard of Ethical Conduct for Management Accountants

CICO Pangilinan

Answer 7

Competence *
Integrity
Confidentiality
Objectivity (Credibility) **

• not educational background; it is gaining extensive experience and application
• *includes full disclosure if needed