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2 years ago

Which type of accounting information is intended to satisfy the needs of external users of accounting information

1 answer:

3 0

The type of accounting information intended to satisfy the needs of external users of accounting information is the Financial accounting.

<h3>Financial accounting</h3>

Financial accounting is the field of accounting concerned with the summary, and reporting of transactions related to a business.

In comparison with other fields, Managerial accounting includes accounting of cost, and intended for the use of internal users of the business.

Tax accounting is specifically intended for tax.

Therefore, it is financial accounting that is intended to satisfy needs of external users in a business.

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The fed’s efforts to manage interest rates and thus the availability of credit is known as?

SIZIF [17.4K]

The fed’s efforts to manage interest rates and thus the availability of credit is known as monetary policy.

To control the total quantity of money in circulation, promote economic growth, and put into action policies like raising interest rates and changing bank reserve requirements, a nation's central bank employs a collection of tools known as monetary policy. The three main tools of monetary policy are the discount rate, reserve requirements, and open market activities.

The Fed influences the cost and accessibility of credit and money to maintain a strong economy as the nation's monetary policy regulator. The three objectives of monetary policy are to curb inflation, moderate employment levels, and maintain long-term interest rates.

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8 0

2 years ago

The sustainable growth rate is based on the premise that:

gulaghasi [49]

It is based on the premise that the sustainable growth rate is that the debt-equity ratio will be held constant. The sustainable growth rate is the maximum rate of growth of the firm that sustain without having to increase financial leverage for outside financing. It is measure of how large the firm and how quickly it can row without borrowing more money.

7 0

3 years ago

Consider where you currently work, where you have previously worked, or a well-known company where you would like to work. How w

enot [183]

Answer / Explanation:

First, we need to understand what variance analysis is. Variance analysis is the qualitative and quantitative measure of the difference between actual financial value and the budgeted financial value.

This helps us to properly monitor our rate of spending against our profit or loss margin. it also assist in proper fund management.

Now talking about how the company will utilize variance analysis, the company will utilize variance analysis in the aspect of fixed over head spending. In the sense that it will be used to measure manpower productivity against overhead spending. This will help us to proper affirm if the rate of manpower productivity equal fixed overhead spending. In the case where fixed overhead spending is more than man hour productivity ratio, then the company will be running at a loss. This is basically a way of measuring productivity performance of man power and also assets.

6 0

4 years ago

The Baldwin Company currently has the following balances on their balance sheet: Total Liabilities $135,759 Common Stock $52,705

LiRa [457]

Answer:

The correct option is the third one,$250,687

Explanation:

The key to ascertaining is accounting equation which that assets equal capital plus liabilities.

This implies that by determining the capital and liabilities,total assets sorted out.

Common stock $52,705

*Retained earnings for the year $62,223

Total equity and retained earnings $114,928

total liabilities $135,759

Total equity and liabilities $250,687

Total assets=total equity and liabilities=$250,687

Retained earnings for the year=prior year retained earnings+net profit-dividends paid

prior year retained earnings $40,723

net profit is $36,500

dividends is $15,000

*retained earnings for the year=$40,723+$36,500-$15,000=$62223

8 0

3 years ago

Lilly Ann went to the pet store with her mother to buy a gerbil. After choosing her gerbil, she and her mother went to look at c

iogann1982 [59]

Answer:

The answer is "b" - Customization

Explanation:

Product Customization is a process of delivering customized goods and services to the customers as per their needs and desire. Customers can either approach a merchant to make certain customizations in a product or personalize the products themselves, exactly the way they want.

It is also known as product personalisation. This is evident in the given situation, as Lilly Ann can customize the cage according to her own preferences.

Standardization

Product standardization refers to the process of maintaining uniformity and consistency among the different iterations of a particular good or service that are available in different markets.

It is a process of marketing a good or service without making any changes to it
Standardization would be correct, if they brand offers the cage without any changes.

Mass customization:

Mass customization is a marketing and manufacturing technique which combines the flexibility and personalization of custom-made products with the low unit costs associated with mass production.
Other names for mass customization include made-to-order or built-to-order.

Mass production:

Mass production is the manufacturing of large quantities of standardized products, often using assembly lines or automation technology.
Mass production facilitates the efficient production of a large number of similar products.

Modular design:

Modular design is a design approach that creates things out of independent parts with standard interfaces.
This allows designs to be customized, upgraded, repaired and for parts to be reused.

7 0

3 years ago