1) Companies often use leverage to help augment profits. From your accounting knowledge discuss if you think too much leverage is good or bad. What are the benefits and challenges related to implementing an activity based costing system?
2) In looking at CVP - who should do this? The Accountant, Controller, CFO? Or, should they enlist other members of the company? What do you think is a proper mix? Who should 'own' this type of project or better said, who should be the 'lead' on this type of project/analysis?