Unit VI Scholarly Activity
Weight: 11% of course grade
Grading Rubric
Business Process Costing
For this assignment, you will explain managerial concepts as they pertain to business process costing. You will select a business process, describe the inputs and outputs, and define the job roles. In your paper, you will evaluate the current process effectiveness, estimate the cost of the process, and propose any improvements for management’s consideration. Be sure you have reviewed the assigned chapters and required unit resources on business process management.
Instructions:
Consider a business process using a firm with which you are familiar. Business processes include the following tasks:
developing and managing products and services,
marketing and selling products and services,
managing customer service,
developing and managing human capital, and
managing information technology.
Once you have identified the firm and business process, select, describe, and discuss the business process by elaborating on the following information:
what starts and what ends the process (inputs and outputs),
what roles (jobs) participate in the process (map them),
the effectiveness of the current process,
the cost of the process (document any assumptions), and
any improvements for management consideration.
Your paper should be written in a Word document and should be a minimum of three pages in length. You should include at least two resources to support your paper. Adhere to APA Style when creating citations and references.
Unit VII Scholarly Activity
Weight: 10% of course grade
Grading Rubric
Creating Your Personal Budget
For this assignment, you will apply what you have learned in this unit to a small business. To get the business’s finances under control, you need to prepare a budget. You may consider items from your personal finances and cash flow to help you identify possible expense items for the small business budget. Research the CSU Online Library or the Internet for steps to creating a personal budget.
Monthly expenses might include rent, utility costs, personal loans, car loans, credit cards, groceries, childcare, vehicle maintenance costs and insurance, phone charges, and cable or streaming costs. Cash flow considerations might include monthly salaries, commissions, and allowances.
You can use any budget format that you are comfortable with, or you may select a free template. Your budget should be completed using Excel. Once you have completed your budget, in a separate Word document, address the information below.
How can the use of the budget be used in the planning process?
How can this financial information influence short-term and long-term decisions?
Based on your personal budget, what are your static expenses? What are your flexible expenses?
As an accountant, reflect on how you can use what you have learned in this activity in the workplace.
Your submission should include one Excel document, which contains your budget, and a one-page Word document, which contains your responses to the prompts above. You should include at least two resources to support your responses. Adhere to APA Style when creating citations and references for this assignment.
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