Two State Comparison Finance of Higher Education Research Paper

Two State Comparison Finance of Higher Education - Research Paper Example Around 66% of states dispense assets for training typically involving from 10 to 12 percent of the state spending plan (NCSL 2010). In this work, I looked at the Arkansas and Tennessee in their financing of advanced education for potential exercises. Recipe for state backing to advanced education. As per ADHE (2010, p. 3), A.C.A â€Å"establishes the procedure and key segments for equation improvement for subsidizing open foundations of higher education† that the State of Arkansas received. In light of ADHE (2010, p. 3), the substance of the recipe is the standard of giving â€Å"fair and impartial state backing to all postsecondary understudies over the state, paying little heed to the state foundation attended† while perceiving level prerequisites, gear needs, interesting missions, development, economies of scale, and different variables. Conversely, contrasted with Arkansas’ value based recipe, the equation received by the State of Tennessee for financing adva nced education is result and execution based. The TSBE (2011, p. 4) called attention to this plainly when it underlined a â€Å"productivity and productivity through a results based subsidizing formula† for advanced education. The TSBE (2011 p. 5) announced that the results based subsidizing was endorsed for execution since AY 2011-12 while the presentation financing standard was affirmed for usage since AY 2010-11. Institutional victors. ... Assessing Tennessee’s advancement on execution or result based for advanced education, be that as it may, might be too soon on the grounds that Tennessee has quite recently started their new arrangement. In the event that results and execution relate with the salary class of the understudy populace, the feasible victors in Tennessee will be the organizations taking into account understudies from the rich. Conditions related with state support for advanced education. It follows from our conversation that the condition that ought to be related for the state’s proceeding with help for advanced education in Arkansas is that instruction ought to be stretched out particularly to those impeded by family pay. In any case, there is no information accessible in the archives assessed by this work recommending that such a condition was forced on the schools getting state support in Arkansas. It additionally follows that the condition that ought to be related for the state’s proceeding with help for advanced education in Tennessee is improvement in instructive execution. Notwithstanding, like Arkansas, there is no information accessible in the archives inspected by this work such a condition was forced in the schools for advanced education in Tennessee. Pattern on state support for advanced education over the most recent five years. As indicated by the CSEP (2009c), the ten-year spending change in the allocation of state charge assets for the working financial plan of advanced education in Arkansas has been a positive 54.3%; the two-year change was 9.3%; the five-year change was 28.6% in spite of the fact that the one year change was a negative 0.4%. Allowed the two-year change in state spending for advanced education at 9.3%, the rate change for Arkansas State spending for junior college spending rose by just 9.0% somewhere in the range of 2007 and 2009 (CESP 2009c). By the by, in light of

We do not have a language to represent female killing Essay

We don't have a language to speak to female murdering - Essay Example Ladies animosity and savagery isn't endured in numerous social orders as it goes astray from the womanhood. Much generalizing emerges with the ladies viciousness and murdering cases and media has exploited the cases to report what isn't. Contribution of ladies in savagery is related with lesbianism which is supposed to be change towards manliness making ladies increasingly like men and can do anything men can. Ladies viciousness and guiltiness is one of a kind and unnatural under the normal womanhood and is related with change towards manliness and pulls in much media consideration, which may have an effect in the legal procedure which appears to be one-sided against ladies. The Changing Trends Ladies association in crimes, brutality and in any event, murdering has consistently stayed a creative mind however it appears it has gone to be a reality. In the twentieth century, a few cases including ladies hostility and brutality were accounted for and remembered the Papin Sisters for 1933, Aileen Wurworns in 1989-1990, Stacey Wigginton in 1989 and Sanna Sillanp㠤ã ¤ in 1999 were accounted for. In every one of these cases, ladies were engaged with brutality which prompted demise of certain individuals. It is intriguing that men were the greater part casualties in every one of these cases. The general public takes the instance of ladies murdering distinctively contrasted with the cases including men. Berrington and Honkatukia (2002) affirm that ladies contribution in wrongdoing is remarkable and unnatural. In a meeting, Dr Lizzie Seal, the writer of the book Women, Murder and Femininity affirms that ladies who execute are not regular ladies and they can be called bombed ladies in the general public. She proceeds to clarify that ladies are supporting and delicate in nature. All things considered, a lady murdering is in all out difference to their regular qualities (Taylor, Seal and Westmarland, 2011). The abnormality to get to that level is astonishing as indicated by the desires for ladies. In any general public whether it is in the created nation or immature, ladies are relied upon to be only ladies with all around characterized jobs. Jobs of ladies incorporate taking care of the house, dealing with kids and in particular praising the man particularly in the white working class. For this situation, ladies are parental figures and nurturers essentially as expressed previously. The customary social job of ladies put them in a circumstance in which they couldn't participate in crimes. In any case, the general public has been opening up and the jobs of ladies are transforming from the customary social and home jobs. These progressions are the reasons ladies are currently engaged with crimes as Rosenblatt and Greenland (1974) clarify. As per them, the new changes can without much of a stretch make open doors for ladies to be associated with crimes, viciousness and executing. In any case, the possibility of ladies executing has not been acknowledged by many. The vast majority in the general public continue thinking about what can move ladies to slaughter others. A few speculations have been attracted to clarify this thought. One hypothesis which is expressed in numerous books expresses that ladies can possibly execute when they have changed in their bodies. For this situation, their bodies change to resemble those of men. Men bodies are manly and their conventional jobs permit them somehow or another to murder, however it isn't permitted by law. Accordingly, a lady would need to be manly to have the option to execute. Barak, Leighton, and Flavin (2007 p.114) call attention to a ladies can execute when

Mean Season essays

Mean Season expositions Tropical storms are an ecological calamity. Individuals in typhoon inclined locales most need to know: when and where the following tropical storm will make landfall and exactly how incredible the tempests will be the point at which they do hit. For the most exact admonition potential, individuals depend on the meteorologists. Still a scarcely any persevering issues stay, similar to that forecasters can't generally foresee climate nor how much a typhoon will escalate before it hits land. That is a issue for individuals in the way of a tempest who need to know whether its enough just to nail compressed wood over the windows, or in the event that they should leave town out and out. The requirement for better typhoon estimating will turn out to be more pressing currently just as later on to come. It won't take more than a bunch of serious typhoons striking area on the swarmed and thickly created U.S. East Coast to cause harm during the many billions of dollars. Forecasters depend on patterns in the worldwide atmosphere that concur with the high points and low points of Atlantic tropical storm movement. One indicator, the warming of the central Pacific, upsets climate across a significant part of the globe. Moves in air course disturb the vertical dissemination in Tropical tempests, which keep them from developing into typhoons. Researchers are certain that Atlantic tropical storms amass over Africa. The crash of hot, dry air over the Sahara Desert, including warm, soggy air from the central wilderness will conceive an offspring. The crash will cause unsettling influences in the climate called Hurricane Seedlings. Each season there is around 60 seedlings passed up the exchange winds. From the outset, Seedlings are just groups of rainstorms, however in a normal year, nine will develop into named tropical storms and around six become typhoons. On their way over the sea, seedlings feed on the warmth in warm ... <!

Using xat Essay Topics List

Using xat Essay Topics ListA xat essay topics list will help you choose what to focus on for your paper. A list of topics for a xat essay will be used by your teacher or advisor to guide you through the paper.A good xat essay topics list will help you focus on the things that matter most to your essay. Your topics should include what you want to say about your own interests and experiences. The topics are listed in the order that you would like them to appear in your paper.You can choose a variety of xat essay topics. Some examples are:How would you feel if someone asked you, 'What is your background information?' What would you answer? What would you tell the class? Many students ask themselves this question because they want to give their best answer, especially in class discussions.Think about the number of ideas you have to offer to your classmates. How do you think these ideas will fit into the discussion area?The easiest way to think about it is to think about what you know abo ut yourself and how you would like to present the ideas you have to your classmates. Using an an essay topics list will help you think through some questions you may not have thought about.If you use a xat essay topics list, you will be better prepared to teach your students. When using an an essay topics list, your goal is to provide an excellent study guide. You want to make sure that you are fully prepared to help your students prepare for their final exam.

Brand Name - Definition, Examples, and Discussion

A brand name or trade name is a  name (usually a proper noun) applied by a manufacturer or organization to a particular product or service. While a brand name is sometimes simply the name of the founders of a company, such as John Deere or Johnson Johnson (founded by brothers Robert Wood, James Wood,  and Edward Mead  Johnson), these days, brand names are most often strategically thought-out marketing tools geared toward establishing consumer awareness and fostering brand loyalty. What is the Purpose of a Brand Name? In its simplest form, a brand name is a form of a signature that gives credit to the creator of a particular work or service and sets it apart from those created by others. Two of the main purposes of brand names are: Identification: To differentiate a particular product or service from other like or similar brands.Verification: To authenticate that a product or service is the genuine or desired article (as opposed to a generic or knock-off). Its the same principle as artists signing their paintings, journalists getting a byline, or designers attaching a brand logo. A brand name is what consumers use to identify the provenance and authenticity of the things they consume—be it a work of art, a film franchise, a TV show, or a cheeseburger. Fast Facts About Brand Names Brand names are usually capitalized, although in recent years bicapitalized names (such as eBay and iPod) have become increasingly popular.  A brand name may be used and protected as a trademark. In writing, however, its not  usually necessary to identify trademarks with the notations â„ ¢ or  ®. The History of Brand Naming The practice of brand naming is nothing new. Exekias, an Athenian potter working in  ancient Greece circa 545 to 530  BCE, actually signed one of his vases: â€Å"Exekias made and painted me.† As early as the 1200s, Italian tradesmen were creating watermarked paper to differentiate one maker from another. During the Second Industrial Revolution, when a mans good name was often synonymous with his reputation (and all that reputation implied: integrity, ingenuity, trustworthiness), companies started branding themselves with the names of their powerful owners. Examples of this trend are the Singer Sewing Machine Company, the Fuller Brush Company, and Hoover vacuum cleaners—all of which are still in use (even if the original company has been sold or absorbed into a larger corporation). Modern branding as we know it employs sophisticated focus groups combined with data from detailed linguistic and psychological analysis to come up with brand names that are meant to instill confidence and induce the public to buy. These targeted practices started just after the Second World War when a booming consumer market created a proliferation of new products from competing companies and made finding unique, memorable names a necessity. Types of Brand Names While some brands are still named for the people behind a product or service, others are created to give consumers a specific idea of what something is or how they might expect it to perform. For example, while Shell Oil has nothing to do with mollusks, a consumer who buys Hefty trashbags infers from the name they are getting a product that will be strong enough to do its intended job. Likewise, when consumers purchase Mr. Clean, they know the purpose of the product is to eliminate dirt, or when they shop at Whole Foods, they have the expectation that the products theyre buying will be healthier and more eco-friendly than those theyd find at grocery chains or box stores. Other brand names do not identify a specific quality, but rather, evoke a concept or a feeling. Such names have a symbolic rather than literal meaning. For example, Apple computers dont grow on trees and you cant eat them, and yet the name plays perfectly into the mental associations people make with apples. While Apple founder Steve Jobs didnt go the focus-group route when naming the company (he told his biographer that he was on one of his fruitarian diets, had recently visited  an apple  farm, and thought the  name  sounded â€Å"fun, spirited and not intimidating†), apples evoke connections as basic as simplicity and being good for you to more esoteric concepts, such the innovative scientific advances made by Sir Isaac Newton in his experiments with the laws of gravity. The Evolution of Brand Names in Language Two of the more interesting ways in which brand names make the transition from names that simply represent a company to becoming integrated into a language in a broader context have to do with their purpose and popularity. In the facet of grammar known as open class words, language is constantly evolving as words are added or altered. The function of words, including brand names, can change over time. For example, Google in addition to being a search engine (a noun), is also a word thats come to mean what people do while on that site, i.e, search (a verb): Ill Google it; He Googled it; Im Googling it now. Other brand names have such strong consumer identification that they eventually supplant the goods or services they are identified with. When a brand name is in such common usage that it becomes generic, its known as a  proprietary eponym or  generic trademark.   Two examples of this phenomenon are Kleenex and Q-Tips. When the majority of American consumers sneeze, they ask for a Kleenex, not a tissue; when they clean their ears, they want a Q-Tip, not a cotton swab. Other generic trademarks are Band-Aids, ChapStick, Roto-Rooter, and Velcro. Jacuzzi is a commercial brand, hot tub is the generic term; i.e., all Jacuzzis are hot tubs, but not all hot tubs are Jacuzzis.—Jim Parsons as Sheldon Cooper in The Big Bang Theory And finally, some brand names dont really mean anything at all. Kodak Camera Company founder George Eastman simply made up something he liked the sound of: A trademark should be short, vigorous, incapable of being misspelled,† Eastman famously explained. The letter K had been a favorite of mine. It seems a strong, incisive sort of letter. It became a question of trying out a great number of combinations of letters that made words starting and ending with K. Sources Micael Dahlà ©n, Micael; Lange, Fredrik; Smith, Terry. Marketing Communications: A Brand Narrative Approach. Wiley, 2010Colapinto, John. Famous Names. The New Yorker. October 3, 2011Elliott, Stuart. The Verb Treatment for an Investment House. The New York Times. March 14, 2010Rivkin, Steve. How Did Apple Computer Get its Name? Branding Strategy Insider. November 17, 2011Gordon, Whitson. How a Brand Name Becomes Generic: Pass the Kleenex, Please. The New York Times. June 24, 2019

A New Superintendent Of An Urban School District Essay

1. Issue A new superintendent in an urban school district believes educators are trained to run schools and should do so with the least amount of interference possible. For this reason, an ethical crisis arises when the district decides whether or not to close a local high school. While public relations officers want district administration to be as transparent as possible to remain honest and open, the superintendent and other schoolboard members want to hold meetings with no media present. This facts of this case will become clear through explication. 2. Relevant Facts: This scenario takes place in a school district with 40 schools and 35,000 students. Its superintendent accepted a state-level position and was subsequently replaced. As families move to the suburbs, the district financially struggles to keep all four of its high schools open and considers closing one. The schoolboard approached the idea previously but faced backlash. Thus, administrators now try to resolve the problem behind closed doors. The superintendent and the schoolboard’s members has held more than one meeting about closing the school without media or members of the public present. During one of these meetings, the superintendent stated, â€Å"If any reporters show up, I will change the subject.† Although a public relations officer was appalled, at this point he said nothing. Nevertheless, shortly after the meeting, some high schools principals began to spread news, and the administration respondedShow MoreRelatedRole Of The 21st Century Public School Superintendent4547 Words   |  19 Pagespublic image for the corporation. The role of the 21st century public school Superintendent often mirrors that of a corporate CEO. The superintendent is responsible for a multi-million-dollar budget, the management of a large employee pool, and the expectations for high stakes profits are in the form of standardized assessment scores. 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Manageemnt Accouting The Knowledge Society

Question: Indicate the main purposes of management accounting and its relevance to the management of organisations. Evaluate the main cost structures of organisations and methods of their calculation. Determine appropriate methods of calculating break-even, profitability and capital input costs. Answer: Introduction The businesses are growing up now days without having any geographical limitation and hence the number of the transaction and its complexity has been increased. In such a competitive environment it is very necessary that the management of the company can access the relevant data for different type of requirement at single request. Such real time access of information can help the management to take the informed decision in day to day business and also for taking some strategic decision. The below reports analyze the importance of the management accounting in VPM Fertilizer Inc , operating in manufacturing of Organic and inorganic chemical manufacturing. The management accounting helps to analyze data in a user requirement format and helps to control cost and management processes. Management Accounting Impotence and relevance It is to be noted that every organization record the transaction on regular basis of its economic transaction. However, it is very necessary that such data are presented and prepared in such a manner that helps the decision taker for taking informed decision. Management accounting helps in generating the periodic reports to different users as per their requirement based on the financial data inputted as source. Such reports can be daily, weekly, monthly, quarterly or yearly. If we take example for the VMP Fertilizer Inc, the management accounting helps to generate reports for input output ratio for each batches processed for manufacturing of Calcium Nitrate chemical. Such reports are delivered to the Process manager after completion of each batch and are compared with standard input output ratio determines by the management. Same help to report any deviation in the input-output ratio. Following are the major benefit of the management accounting The data are kept in organized manner with real time access It helps the manager to take the timely and informed decision The decision taken on such data are generally accepted by the management The organization can have standard date across the department Helps inn controlling the cost by comparing the actual result by management report Vs. the budget expectation Also one need to note that there is a difference between the Management Accounting and Financial accounting which is sated below Management accountings main purpose is to support as a tool to take the informed decision within the organization , on other hand financial accountings main purpose is to report the end result for particular period The Management Accounting is generally implemented for the benefit within the organization and for management purpose , however the users of the financial data are both within the organization and outside the organization like stakeholders The reporting in the Management accounting are customized according to the management requires and hence it is flexible , on the other hand financial accounting reports are generally governed by the status or reporting laws, IFRS or GAAP Management accounting takes into consideration both past data as well as the future projection based on past data ,in the Financial accounting it represent only past data The Management accounting have varied type of users and hence each report have different format and different users , on the other hand the financial accounting reports remains uniform irrespective of the fact that I can have different users. (Fse.tibiscus, 2016), (Megha M, n.d.) In such competitive environment control over the cost is very necessary. The cost can be classified as Relevant cost, Behavior cost and function based cost. The discussion cost based on relevance Opportunity cost Opportunity cost is defined as cost arises due to not accepting second best alternative for decision making. The opportunity cost is very much important particularly in Capital Budgeting decision. For a example If the VMP Fertilizer Inc invest 1, 00,000 Pound in this business and the interest rate for deposited in banks is 4% , The interest revenue that can be arose by investing in 1,00,000 in bank can be consider as cost only. The cost is not actual cost but is very relevant for raking the investment decision. (Putra D.2016) Suck Cost Such cost is nothing but the cost which is incurred and on which the company does not have any control over it. Such cost is not relevant for taking any future investment decision. For an example the Pressure Vessel purchased by the VMP Fertilizer Inc as a fixed asset is consider as sunk cost only Differential Cost Differential cost is nothing but the difference of cost between two available courses of alternatives. It is to be noted that each alternative has different cost which can be low or high as compared to other alternative. Differential cost helps in considering the exact difference in cost that arises due to selection of particular alternative. For an example if the VMP Fertilizer wants to replace the existing pressure Vessel Machine than it will save the 1000 Pound of maintenance every year. Such saving of cost can be considered as incremental cost for opting exiting machine only. (Putra D.2016) Discussion of cost based on Behavior The cost can fix Variable or Semi variable Fixed costs are those cost which does not change according to change in level of activity. Such fixed cost is bound to be incurred whether any activity carried on by the business or no. For an example the Rent expense for Shed which is abide by the rent agreement for next 5 years. Such rent expense is considered as fixed cost. On other hand variable cost are those cost which varies with the change in level of activity, variable cost are very important to take any business decision. Variable cost does not incur, if the activity level of particular cost driver is zero. For an example the Raw material cost for manufacturing of the Calcium Carbonate can be consider as variable cost for the VMP Fertilizers Inc . As far as Semi variable cost is concern they are of mixed behavior. Such cost is remains fixed for certain level of activity, after that again same cost needs to be incurred to support the activity. For as example the Moulds purchased to preserve the chemical, need to be replaced after certain period of consumption as per user guidelines, such cost of consumables can be consider as a variable cost Classification of the cost by function The cost also can be classified based on the function. The product cost and period cost are the major cost based on functionality. Period cost Period cost is those cost which are incurred other than for manufacturing activity. The cost incurred to promote the product (Marketing cost), the cost of administration. Such cost are generally in nature of Overheads and not traceable for particular product among many. (Swanson L, n.d) Product cost Product costs are those cost which are incurred in the manufacturing of the product. Such cost can either be fixed or variable or Semi variable. The Direct Material cost, Direct Labor cost and manufacturing Overheads are the major product cost. Variance Analysis Variance analysis helps in comparing the actual results of the organization as against the budgeted activity. The variance analysis is considered as one of the major tool to charge control over cost and to take the appropriate action if result out below expected performance. Also it helps in identifying areas that play major roles for non achievement of the targeted profit. There are different types of variance which are discussed as below: Profit Variance The profit variance is nothing but the variance arises in the targeted profit. Such variance can be derived by comparing actual profit against the targeted profit. Sales Variance The Sales variance helps in identifying the variance in profit that arises due to variance in the sales. Such variance can be either due to variance in volume or sales price of the product Price variance = (Actual unit price x Actual Units sold) (Standard Unit price x Actual Units sold) The above formula helps in identifying the variation in the profit due to variation in the sales price of the Unit. The favorable outcome indicates that the organization has sold the unit above the targeted selling price. On the other hand the negative outcomes indicate that organization has gone for lower price. (Accounting-simplified.com, n.d) Volume variance = (Actual Unit Sold Standard Profit) (Budgeted Units Sold x Standard Profit) The above variance helps in identifying the variance of profit arises due to the variance in the targeted sale volume. The favorable result indicates that the company has sold unit above the target and vice versa. Material Variance It is to be noted that for any organization material cost is one of the major cost of total production cost and hence the strong control over it necessary which can be derived by variance analysis only. (Accounting-simplified.com, n.d) Material Price Variance = (Actual Price x Actual Quantity) (Standard Price Actual Quantity) The material price variances help in identifying the variance in the cost that arises due to variance in the price of purchasing the raw material. The Favorable result indicates that that the purchase manager has purchased the material below the target price and negative result indicates that manager has purchased material above the targeted purchase price. Material Usage Variance = (Actual quantity Standard price) (Standard Quantity x Standard price) The material usage variance helps in identifying the variance in the material cost that arises die to variance in the consumption unit of raw material for particular product. If the outcome is favorable that I indicate that the material is used efficiently and if negative result comes than it indicates that the process manager has failed to control the input output ration against the standard ratio compared by the organization. (Accounting-simplified.com, n.d) Labor Variance The Labor cost is second most importance element of cost for manufacturing unit and hence it is very necessary that the actual cost is compared, analyzed and reported against the targeted the Labor cost. Rate Variance = (Actual Rate x Actual Hours) (Standard Rate x Actual Hours) It is to be noted that one of the reason for variance is labor cost is the variance in the labor rate against the targeted pay rate. The favorable result indicates that the rate has been paid lower against the targeted rate pay. In case of negative result, it can be said that the payment to labors are made higher than expected. Labour Efficiency Variance = (Actual hours x Standard Rate) (Standard hours x Standard Rate) The above variances help in identifying the variance in the labor cost due to variance in the targeted efficiency of the labor. If the outcome of the above formula is positive, It indicates that the labors have worked above the targeted efficiency level and vice versa. Overhead variance This variance helps in identifying the variance between the standard overhead as against the actual overhead expense. It helps in controlling and analyzing the operational efficiency and capacity utilization efficiency. Limitations The technique of variance analysis has certain limitation which is as follow: The variance analysis can efficiently be uses in manufacturing industry only It is not helpful in the production foe which no benchmark of standards is available The process of setting standard may be not correct in some case, and hence the whole variance analysis can lead to wrong result The variance analysis requires the management to keep up to date data of manufacturing, which is itself a challenging task. The manager can manipulate the budget to just make their performance better there by affecting the overall efficiency. Operational Budget Operational budget is nothing but projection of various budgets for definite time of span for various department of the organization. There are different types of operational budget which are described below: Profit Budget At this level of budget all the budgeted related to sales and expenditure are got consolidated and budgeted profit figures are arrived Production Budget This budget requires projecting the number of unit that need to be produce for particular period to meet the requirement of the sales. Purchase budget This budget requires projecting the amount of raw material to be purchased to produce the targeted production unit as determined in production budget. Here sales price and quantity both are determined Cash Budget This budget requires projecting the requirement of the case for different department for particular period. Direct Labor The direct labor budget requires the projection of the number of labor hours requires for different category of labor to support the production of the targeted unit Revenue Budget The revenue budget indicates the projected sales unit and projected sales price based on the market analysis. The revenue budget become base for all above budget. Importance The budget helps the manager in tracking and monitoring the cost and revenue and thereby help in optimizing the profit It gives the benchmarks to be followed by the different department which becomes the base for motivation for the employee It fixed the accountability and responsibility on employees for the particular budget or department It helps as controlling tool against the actual performance and hence producer the base control activity Recommendation Conclusion It is to be noted that management accounting is process of reporting budget analysis, variance analysis, cost analysis and many more. However on need to know that the whole management accounting process is nothing but analysis of the data in particular manner and hence it is recommended that the reliability of the source date ensured before carrying out any management accounting reporting. The support from top management requires having a correct result of the management accounting. The management accounting should form part of strategic decision as it helps as best controlling tool for organizational performance analysis. The VMP Fertizers Inc can implement Budget reporting, Cost component reporting and variance reporting in its management system which can help them in controlling different type of activity at different level. References Fse.tibiscus, 2016. Managerial Accounting Vs Financial Accounting In The Knowledge Society [online] Available at: https://fse.tibiscus.ro/anale/Lucrari2010/067.%20Ducu%20Corina.pdf [Accessed 26 Mar. 2016]. Fabozzi, F. and Drake, P. 2009. Capital Markets, Financial Management and Investment Management. New Jersey: John Wiley Sons,p.244-279 Reilly,F. and Brown,K. 2012. Investment Analysis and Portfolio Management. Texas: Reilly Brown,p.315-390 Sunarni C, 2016. Management Accounting Practices and the Role of Management Accountant: Evidence from Manufacturing Companies throughout Yogyakarta, Indonesia, [online] Available at: https://sibresearch.org/uploads/2/7/9/9/2799227/riber_b13-243_616-626.pdf [Accessed 26 Mar. 2016]. Megha M, n.d. Differences between Financial Accounting and Management accounting, [Online], Available at: https://keydifferences.com/difference-between-financial-accounting-and-management-accounting.html, [Accessed date: March 27, 2016] accountingexplained.com, n.d. Cost and Cost Classifications, [Online], Available at: https://accountingexplained.com/managerial/costs/, [Accessed date: March 27, 2016] DeBenedetti J, 2016. 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