1. Explain why some investors like the method of payback, whereas others choose the net present value....
Question:
1. Explain why some investors like the method of payback, whereas others choose the net present value. What are each method's pros and drawbacks?
2. Do conventional financial reports submitted to investors provide complete information that users of company financial statements require?
3. What are the major differences between accounting for finance and management? 3. What are the implications of these changes for the sorts of data to gather and report?
4. Managers' major objective is to promote transparency in the effective performance of their duties. Management activities involve planning, organizing, managing and regulating. Explain the management operations of the accounting.
5. Accounting for management is a process in which all management accounting data is collected, analyzed, interpreted and presented. It is intimately associated with the management control that develops, produces, monitors and evaluates the organization's performance. Explain your restrictions
6. Financial ratios are an advanced method used to assess financial performance of a corporation. However, based on the particular interests of the party, the kind of analysis vary. The main problem is liquidity of a firm' business debtors. They have short claims and the ability of a firm to satisfy these claims is restricted. A thorough liquidity assessment is the best approach to evaluate it. On the other hand, the claims of creditors seek a long-term investment. Explain their applications.
7. How would an accountant work to resolve the fundamental problem facing today's accounting departments?
8. What are some of the major differences between financial accounts and management? What are the implications of these changes for the sorts of data to gather and report?
9. In the center you are a manager. What kind of efficiency reports are you using? Are they produced by financial or management accounts specialists?
10. The fundamental objective of the statement of cash flows must be to provide valuable, long-term information about a contractor's income in cash and cash payments.
What's the habit of asessing?
Fundamental Managerial Accounting Concepts
ISBN: 978-0078110894
6th Edition
Authors: Edmonds, Tsay, olds