Question: Choose the correct answer 1. It is considered a very useful and easier way to estimate costs. It makes use of the experience and judgment

Choose the correct answer1. It is considered a very useful and easier way to estimate costs. It makes use of the experience and judgment of managers and accountants who are familiar with the company operations and the way costs react to changes in activity level. a. Conference Method b. Account Analysis c. Industrial Engineeringa. Formulating strategy b. Decision Making c. Audited Report d. Safeguarding assets e. Disclosure to employees f. None of thesea. Taxation b. Degree of Details c. Time Focus d. Dual

Choose the correct answer

1. It is considered a very useful and easier way to estimate costs. It makes use of the experience and judgment of managers and accountants who are familiar with the company operations and the way costs react to changes in activity level.

Concept e. Estimates & Approx. f. Inter-disciplinary Relationship3. Rules Eat Regulations b.

Degree of Details c. Time Focus [1. Dual Concept e. Estimates 3-!

a. Conference Method b. Account Analysis c. Industrial Engineeringa. Formulating strategy b. Decision Making c. Audited Report d. Safeguarding assets e. Disclosure to employees f. None of thesea. Taxation b. Degree of Details c. Time Focus d. Dual Concept e. Estimates & Approx. f. Inter-disciplinary Relationship3. Rules Eat Regulations b. Degree of Details c. Time Focus [1. Dual Concept e. Estimates 3-! Approx. f. Objectives a. Potential b. Actual c. Intrinsica. Cost Accounting b. Financial Accounting c. Management Accounting

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!

56.It is considered a very useful and easier way to estimate costs. It makes use of the experience and judgement of managers and accountants who are familiar with the company operations and the way...

Choose the correct answer 1) Managers are focused on using resources, including people, a. economically and politically b. cheaply and quickly c. effectively and efficiently d. fully and completely...

Directions : Choose the letter of the correct answer. If the answer is not found on the choices, write letter E and identify the correct answer. 1. Which of the following is NOT a step in the...

Entrepreneurship Topic: How Do I Operate An Enterprise? (Managing Money) ? Activity 1 ? Activity 2 ? Activity 3 ? V. Evaluation ? Additional Readings Hello tutors, please add a brief explaination to...

1.Keeping in mind theAccounting for the Public Interest: A RevenueRecognition Dilemma case: How would thecontract approach under Topic 606 impact the revenue recognition dilemma in the case? 2. Post...

Provide your answer to the following question contained with theAccounting for the Public Interest: A Revenue Recognition Dilemma case: 5. After careful consideration of the public interest...

Please read attached document and answer question 3. Here is the question as well: 3. Operating cash flow is often referred to as the lifeblood of a firm. The vaccine makers received cash up-front...

Please use this information to answer questions 1-14 below: Sally Savvy is the CEO of Savvy Software Inc., a U.S. based software developer. Sally routinely signs confidentiality/nondisclosure...

Bigby Corp. Balance Sheet 1 Looking at Bigby's depreciation expense in 2014, what depreciation rate was used to calculate it? Open attachment for this question Answer. 10.0% Why is this the correct...

(1) The Quality of Financial Information Referencing this week?s readings and lecture, describe the quality issues related to reporting revenue. What is the importance of understanding various...

Find the optimal order quantity and optimal expected profit for probabilities of a harsh winter ranging from 0.2 to 0.8 in increments of 0.2. Plot optimal expected profit as a function of the...

For each graph, name the parent function and write an equation of the graph. a. b. c. d. e. f. g. h. 909 Dtt

Which of these statements is CORRECT in describing requirements that must be met for a plan to be considered a Section 4 5 7 plan? A ) Changes to salary deferrals to a 4 5 7 plan can be made at any...

On January 1, 2014, Pearce Company purchased an 80% interest in the capital stock of Searl Company for $2,460,000. At that time, Searl Company had capital stock of $1,500,000 and retained earnings of...

The area of a triangle ABC can be calculated by: A= 1/2 AB x AC where AB is the vector from point A to point B and AC is the vector from point A to point C. Write a user-defined MATLAB function that...

Federated Fabrications leased a tooling machine on January 1, 2018, for a three-year period ending December 31, 2020. The lease agreement specified annual payments of $36,000 beginning with the first...

Refer to Exercise 6-4. Using the same figures, assume that the merchandise mentioned was included in Pearces inventory, having been purchased from Searl. Required: Calculate the controlling interest...

The accountant for the firm owned by Horace Brock prepares financial statements at the end of each month. INSTRUCTIONS Use the figures in the T accounts for Problem 3.4A to prepare a trial balance,...

Conduct research to identify techniques for maintaining participant interest in training. List a minimum of three specific techniques not found in the Blanchard and Thacker (2013) text and give a...

Peoples understanding of what is being said

5. Develop a circular model, with positive and negative feedback loops, showing the relationships between the following critical variables: The population of a city Industrialization Relocation ...

The quality of the proposed ideas