Respond to the following questions in your own words.

1. What is variance analysis? Define and give an example of each of the following variances: [1] price variance, [2] usage variance, [3] efficiency variance, [4] overhead variance, and [5] budget variance
2. What is ratio analysis? Discuss, with example, the following ratios: [1] efficiency ratio, [2] capacity ratio, [3] activity ratio.
3. What is cost internal control? What are some of the commonly used cost internal control measures? Discuss, with an example of each.
4. What is a flexible budget? Why is it important to have a flexible budget for government? Construct a flexible budget for a local water department. Make sure the budget includes information on the following: [a] direct labor, [b] direct materials, [c] variable overhead, [d] fixed overhead, and [e] total cost of supplying water for the budgeted year.

Writing Requirements

• APA format – include references
• 3 pages in length (excluding cover page, abstract, and reference list)

Discussion D: The Global World

Welcome to the discussion. In this course you will be introduced to a topic in the discussion. The first week of the module you will write about your initial thoughts after reviewing the resources. The initial post should be at least 300 words.

During the following week you will reply to at least two of your classmates. The replies should be at least 100 words. See the discussion rubric for more details on grading.

Discussions should always be completed prior to “class.” If you are in an online class or an on ground course this is prior to the lesson portion of the week. Are you ready to begin?

1. Watch Robert Neuwirth: The power of the informal economy

2. Watch The hidden world of shadow cities

3. Initial Post:

• Should we care about the “hidden cities?” What role would it have on international business?

Before starting this class, many of you probably thought that Excel was simply a spreadsheet program used by accountants. In reality, Excel has functions that we can use in our daily lives. For this assignment, draft a two-page essay in which you describe how Excel can be used in each of the following areas of daily life:

• home (e.g., saving money, budgeting, tracking expenses, keeping up with maintenance or projects);
• work (e.g., creating graphs or charts for presentations); and
• school (e.g., tracking classes, time management).

While the examples given may be used in your description, be specific about how you personally can benefit from using Excel in these areas. Also, you are encouraged to think about and describe other ways that Excel can be used in these areas. Since this essay is reflective in nature, outside sources are not required. Use 12-point Times New Roman font, double spacing, and paragraph format for your essay.

1.Think about the six principles of finance. After reviewing each principle, which do you think stands out as the most important and which is the least important? Explain. Would your answer change if you were the stockholder of the company versus the manager of the company? Why, or why not? Answer in couple sentences.

2.I think that in certain situations these principals are all important. The one that stands out to me the most is Risk Versus Return, because this is the most tricky when dealing with finances. This is based solely off your decision and can be detrimental to a business or to someone personally. There are always risks when it comes to investing and it is important to have really good knowledge and understanding of what and how much you are investing.

Agree or diagree to post in 2-3 sentences

this is not summary please answer questions individually

Option #1: Introducing a New Consumer Product to the Market

Put yourself in the position of an entrepreneur who is developing a new product or service to introduce into the market. Briefly describe the product. Then develop the segmentation, targeting, and positioning strategy for marketing the new product. Be sure to discuss:

• The overall strategy; why are segmenting, targeting and positioning useful methodologies.
• Segmentation and targeting choices
• Characteristics of the target market
• Why that target market is attractive
• The positioning strategy

Provide justifications, in the form of research, for your decisions and reference your textbook and required readings.

Your paper should be two to three pages in length, not including the title and reference pages, and conform to CSU-Global Guide to Writing and APA (Links to an external site.). Include at least two scholarly references in addition to the course textbook. The CSU-Global Library is a good place to find these references.