1. Critically evaluate a range of key strategic management accounting models and concepts. 2. Critically understand of specific analytical skills in key areas within management accounting at local and international level 3. Critically understand of the role and limitations of management accounting theory. Skills 4. Applied the key management accounting concepts and methodologies in order to contribute to successful decision making in an organisation. In light of this the assessment criteria in the grid below will be used when assessing your work. Document Preview:

Order IdEHUK3912Order TypeFinance AssignmentWords3000Deadline2014-10-29TopicManagement Accounting and ControlSubjectManagementRefrence SystemWriter NameD & M AssociateAdditional RequirementThis is a finance assignment, We need to do Part A and B, Please fulfil all the requirements of the brief, Please include all the necessary models, theories, scales, diagrams and references, ThanksAdmin Remark• Need a high standard of work • Please follow the primary research strictly • Do make sure all the requirements have met and cross checked. • No basic mistakes will be accepted such as – grammer , spelling error, meaningless lengthy sentences,missing references , PLAGIARISM and/or SIMILARITIES.

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1) Contract Law – Insurance Mario has purchased a new kart, and would like to get some insurance on it. The kart is worth $1,000, and there is a 10% chance he will be in an accident and do $500 worth of damage to his kart. Mario’s utility function is U(V) = ln(V), where V is the value of his kart. a) Calculate Mario’s expected utility with no insurance. b) Now suppose Mario can buy auto insurance from Yoshi for a premium of $I that will completely compensate him for his $500 loss if it occurs. Find an expression Mario’s expected utility with insurance. c) What is the most Mario is willing to pay for insurance? d) Repeat steps a) – c) with a utility function of U(V) = V. Comment on why any differences are present in willingness to pay for insurance.

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1. Describe one benefit of normal order evaluation. Describe one drawback.

2. Consider the expressions

In theory, both these expressions could have the value false if x == 0.

(a) Which of these expressions has a value in C?

(b) Which of these expressions has a value in Ada?

(c) Would it be possible for a programming language to require that both have values? Explain

Q

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1. Describe how the GATT and WTO have helped to free international trade. Also, what has been the mechanism to accomplish that objective?

2. Explain how a multilateral trading system can help to create a stable and predictable environment and why this is important.

3. Explain the factors in favor of an open trading system based on multilaterally agreed rules.

4. What are the successes and challenges that the General Agreement of Tariffs and Trade (GATT) faced during its existence?

5. What are the temptations or possible reasons to impose protective barriers with the idea of preventing the challenge of competitive imports?

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1. Describe how to generate the pair of public key and private key in RSA algorithm? 2. Find the multiplicative inverse of 45 mod 238. 3. Let p = 7, q = 11, e = 13, and M = 5 (M: message). Show details of the following. a. What is the private key d ? b. Perform RSA encryption and decryption on the message M. 4. Suppose (e, n) is the receiver’s public key and M is the message needed to be encrypted by the sender. Why do we have this constraint M < n? (If we remove this constraint, what happens?)

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