Which one of the following is correct? a. Management accounting reports are usually available to the public.
Question:
a. Management accounting reports are usually available to the public.
b. Management accounting is legislated and governed by regulatory agencies.
c. Financial accounting focuses primarily on qualitative company data.
d. Financial accounting exists to serve the competitive needs of an organization.
e. Management accounting evolves from the best practices of managers working within their companies.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 55% (9 reviews)
The correct answer is E a FALSE Management reports are usually N...View the full answer
Answered By
ANDREW KIPRUTO
Academic Writing Expert
I have over 7 years of research and application experience. I am trained and licensed to provide expertise in IT information, computer sciences related topics and other units like chemistry, Business, law, biology, biochemistry, and genetics. I'm a network and IT admin with +8 years of experience in all kind of environments.
I can help you in the following areas:
Networking
- Ethernet, Wireless Airmax and 802.11, fiber networks on GPON/GEPON and WDM
- Protocols and IP Services: VLANs, LACP, ACLs, VPNs, OSPF, BGP, RADIUS, PPPoE, DNS, Proxies, SNMP
- Vendors: MikroTik, Ubiquiti, Cisco, Juniper, HP, Dell, DrayTek, SMC, Zyxel, Furukawa Electric, and many more
- Monitoring Systems: PRTG, Zabbix, Whatsup Gold, TheDude, RRDtoo
Always available for new projects! Contact me for any inquiries
4.30+
1+ Reviews
10+ Question Solved
Related Book For
Accounting concepts and applications
ISBN: 978-0538745482
11th Edition
Authors: Albrecht Stice, Stice Swain
Question Posted:
Students also viewed these Managerial Accounting questions
-
Which one of the following is correct? a. Short-run planning includes capital budgeting and operational budgeting. b. Long-run planning includes production and process prioritizing. c. Long-run...
-
Which one of the following is an assumption that underlies cost-volume-profit analysis? 1. For costs classified as variable, the costs per unit of output must change constantly. 2. For costs...
-
Which one of the following is the proper dollar value of defender equipment to use in replacement analysis? (a) Original cost. (b) Present market value. (c) Present trade-in value. (d) Present book...
-
In SSL and TLS, why is there a separate Change Cipher Spec Protocol rather than including a change_cipher_spec message in the Handshake Protocol?
-
On July 31, Milna's Fabric Store had the following data related to the retail inventory method: Goods available for sale at cost $25,000; at retail $40,000; and net sales of $30,000. Calculate the...
-
You are a senior manager of a functional area in which a mission-critical system is being developed. How can you safeguard this project from mushrooming out of control?
-
Express the magnetic field due to a uniformly moving charged particle in terms of the electric field of the particle and its velocity.
-
Assume you are given the following relationships for the Clayton Corporation: Sales/total assets 1.5 Return on assets (ROA) 3% Return on equity (ROE) 5% Calculate Claytons profit margin and debt...
-
(a) Identify and explain the various ways through which government can intervene and assist upcoming Small entrepreneurs to grow and sustain their enterprises. (b) Explain the rationale behind SWOT...
-
Liam O'Kelly is 20 years old and is thinking about buying a term life insurance policy with his wife as the beneficiary. The quoted annual premium for Liam is $8.48 per thousand dollars of insurance...
-
Which one of the following statements best describes the reason DuPont developed return on investment (ROI) into an important management technique? a. A bankruptcy court trustee required DuPont to...
-
Which one of the following is incorrect? a. Management accounting is not as important as financial accounting for the competitive success of a company. b. Governments do not require a company to...
-
What is JAD? How is it better than traditional information gathering techniques? What are its weaknesses?
-
Globe Industries' year-end is May 31. Based on an analysis of the unadjusted trial balance at May 31, 2023, the following information was available: a. Accrued revenue at year-end totaled $24,300 b....
-
Mel sells land that had been used in his business for $300,000. The land has an adjusted basis of $150,000. The buyer gives Mel a note for $150,000 and cash of $150,000. Mel receives no payment on...
-
A component arrives gradually and at the rate of 20 units per week and is used with the rate of 5 units per week. The item costs $2,000 per unit. The cost per order is $10,000 and the annual holding...
-
K Simplify the expression. (6x3y) (7xy-3) (6x3y2) (7xy-3)=(Simplify your answer. Use positive exponents only.)
-
What body oversees a board that develops ethics requirements for professional accountants globally?
-
Suppose Japan has a GDP of $5 trillion, and that its national savings rate is 25%. Assuming Japan is an open economy, a) calculate Japans investment if net exports are 1% of GDP. b) calculate Japans...
-
Complete the equations for the following equilibria and calculate Keq where the Keq expression includes [HO]. Be sure to enter Keq in proper scientific notation. (a) ammonia (acting as a base) reacts...
-
Use Theorem 1 to determine the limit of the sequence or state that the sequence diverges. THEOREM 1 Sequence Defined by a Function If lim f(x) exists, then the se- XIX quence an= f(n) converges to...
-
The following data are from the income statements of Davros Company. (a) Compute for each year (1) the inventory turnover and (2) the average days to sell the inventory.(b) What conclusions...
-
Boe Company has owners equity of $400,000 and net income of $66,000. It has a payout ratio of 20% and a rate of return on assets of 15%. How much did Boe pay in cash dividends, and what were its...
-
An inexperienced accountant for Nerys Corporation showed the following in the income statement: income before income taxes and extraordinary item $400,000, and extraordinary loss from flood (before...
-
tableau: Consider solving a minimization linear program in standard form with current T1 x2 X3 x4 X5 27 W 0 1 0 r 1 0 3 2 0 0 1 -2 2 S -1 3 1 0 0 0 -1 2 1 2 = 0 0 0 0 t -3 u V The bold-red letter...
-
Calculate 3 different investment options for your client, while only changing the Monthly Payment (P) amount. The interest rate will be fixed at 6%, and the time will be fixed at 20 years. 1) How...
-
What are the current healthcare financing models in Argentina and what is the current state of health financing? How is money accumulated (ie. tax-based? employer-based? etc.)? What are the payment...
Study smarter with the SolutionInn App