ACCT 301 Management Decision Making Assignment The assignment is covering week 2, week 3 and week 4 materials. Week 2: The Role of Accounting Information i

ACCT 301 Management Decision Making Assignment The assignment is covering week 2, week 3 and week 4 materials. Week 2: The Role of Accounting Information in Management Decision Making Week 3: The Cost Function Week 4: Cost – Volume – Profit Analysis Instructions:Do NOT remove the questions in the answer papers. But write your answers below each question.Answer the ALL questions.Assignments should be submitted in MS Word formatFont should be Times New Roman with 14 points.You are required to work in this assignment individually.You should submit the assignment via the Blackboard.Students who submit assignments after deadline, will get ZERO.If you engaged in plagiarism, you will get ZERO marks in the assignment or course. Q1. How can managers make higher-quality decisions? Give an example of decision made by one company and discuss how the mangers will make high quality decision? (3 Points) Q2. Give a numerical example of cost function and analyze this cost function? Discuss how is this cost function used in decision making? (3 Points) Q3. Find a numerical example of cost-volume-profit (CVP) analysis, and analyze how CVP analysis is used for decision making? (4 Points)