Provide Essay Responses to Both Questions Listed Below: (Each response should be

Question

Provide Essay Responses to Both Questions Listed Below:

(Each response should be 1-2 pages, typed, single spaced, with proper grammar and in a professional format).

QUESTION 1: (1-2 Pages)

How does Managerial Accounting benefit students who are not majoring in accounting? Be specific rather than general, and discuss concepts learned in the course.

QUESTION 2: (1-2 Pages)

How can a Professor make ACT222 more interesting and understandable for students? Discuss specific ideas and tools which should be used.

Explanation / Answer

Question 1:

Managerial accounting is concerned with providing information to managers for use within the organization.

Many students feel anxious about choosing a major because they are unsure if it will provide a fulfilling career. To reduce these anxieties, we recommend deemphasizing what you cannot control about the future; instead focusing on what you can control right now. More specifically, concentrate on answering the following question: What can you do now to prepare for success in an unknown future career? The best answer is to learn skills that will make it easier for you to adapt to an uncertain future. You need to become adaptable!

Whether you end up working in the United States or abroad, for a large corporation, a small entrepreneurial company, a nonprofit organization, or a governmental entity, you’ll need to know how to plan for the future, how to make progress toward achieving goals, and how to make intelligent decisions. In other words, managerial accounting skills are useful in just about any career, organization, and industry. If you commit energy to this course, you’ll be making a smart investment in your future—even though you cannot clearly envision it. Next, we will elaborate on this point by explaining how managerial accounting relates to the future careers of business majors and accounting majors.

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