Question: A student commented that management accounting is much more relevant and important to profit making organizations compared to non-profit ones (such as governmental institutions) as

A student commented that "management accounting is much more relevant and important to profit making organizations compared to non-profit ones (such as governmental institutions) as the existence of the latter is not related to profit making". How would you respond?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Assignment (1) A student commented that management accounting is much more relevant and important to profit making organizations compared to non-profit ones (such as governmental institutions ) as...

Write with your own words please not copy paste - I need some examples as its from the requirements, otherwise i wont accept it Student Name: .....c ID#........... ....... ............ Assignment (1)...

Write with your own words please with providing an Example please Student Name: .....c ID#........... ....... ............ Assignment (1) A student commented that management accounting is much more...

Student Name: ID#............ ............. Assignment (1) A student commented that "management accounting is much more relevant and important to profit making organizations compared to non-profit...

Write with your own words please 200 words Question 1 A student commented that management accounting is much more relevant and important to profit making organizations compared to non-profit ones...

please answer the question then give a real life example and take care of plagiarism ! Assignment (1) A student commented that management accounting is much more relevant and important to profit...

please answer the question then give example and take care of plagiarism ! Assignment (1) A student commented that management accounting is much more relevant and important to profit making...

Assignment (1) A student commented that "management accounting is much more relevant and important to profit making organizations compared to non-profit ones (such as governmental institutions) as...

Paradise enterprises has gathered projected cash flows for two projects. At what interest rate would the company be indifferent between the two projects? Which projects is better if the required...

How were the individual test costs calculated to get the answer of the total annual cost? 6. Test Costs summed for the 5 activities Test A = $2.00+ $3.85 + $3.39 + $1.82 + $.99 = $12.06 Test B =...

during an IT audit, an auditor may use target identification and analysis techniques

Kramer Corporation is an office supplier dealing in a number of different products It currently allocates its ordering and delivery costs to its residential and business customer groups on the basis...

Cyanobacteria are a large group of prokaryotic organisms. Cyanobacteria are found in marine microbial mats that include many species of Eukaryota and prokaryotic organisms that can participate in...

The flow of traffic along the North Reclamation is 1800 vehicles per hour with a space mean speed of 90 kph. The highest 5-minute volume is 214 vehicles. a. What is the traffic density in vehicles...

A pump is driven by an electric motor through an open type flat belt drive. Determine the belt specifications for the following data.: Motor pulley diameter(dS) = 300 mm, Pump pulley diameter(dL) =...

Linear functions of images. In this problem we consider several linear functions of a monochrome image with Nx N pixels. To keep the matrices small enough to work out by hand, we will consider the...

Service Rate & minutes to help 1 customer Arrival Rate 10 customers arrive per hour in a single server model: Calculate the average number of customers in the system. (Choose the closest answer) O...

The spatial rule: The closer spatial proximity we have to an event, the more importance we will attach to it.

The visual rule: If we observe an event with our own eyes, we will attach more weight to it than if someone else had described it to us.

10. What is meant by the fact that we are socialized into using linear causal thought patterns? Find two examples of this from your everyday life.