Introduction

your summative assessment No. 2 required in the Managerial Accounting Course in the Master of Business Administration Program. The aim of this assessment is to ensure that you can conduct a case study analysis in which you demonstrate awareness of knowledge issues and apply advanced skills in analysis and evaluation of complex ideas to develop innovative solutions relevant budgeting.

In performing the case analysis, carefully read the case and requirements that are presented in thisinstrument.Make sure you comprehend every requirement. Refer each requirement to one or more specific topic presented in the classes that are in your opinion relevant to providing an answer. Provide your answers using the specific concepts and knowledge acquired on every topic that best addresses each question.

Assessment

Students are required to carefully read the case “Beyond budgeting in a medical company” that is posted on the LMS. As a managerial accounting consultant to ‘medical company’, you are required to answer the below requirements.

1. Analyze the reasons costs fell rather than rose when the management model replaced the traditional budget with three separate processes?
2. What is a good performance? Evaluate the different ways of defining a good performance and how this might drive people to perform better or worse.
3. Critically evaluate the different forecasting and planning horizons should be in a company.