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1 year ago

Users of managerial accounting information include ______.

Business

1 answer:

Tasya [4]1 year ago

5 0

Users of managerial accounting information include managers, engaged employees, lenders, and investors.

Accounting , also known as, is the measurement, processing and transmission of financial and non-financial information about economic entities such as firms and enterprises. Accounting, called the "language of business", measures the results of an organization's economic activities and communicates that information to various stakeholders such as investors, creditors, managers and regulators. Accounting practitioners are known as accountants. The terms "accounting" and "financial reporting" are often used interchangeably.

Accounting can be divided into several areas such as financial accounting, operational accounting, tax accounting and cost accounting.

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Kirov, Inc. reports credit sales of $200,000 for the year ending December 31. The year-end unadjusted balance of its Allowance f

zubka84 [21]

Answer:

The correct answer is: $12,000

Explanation:

uncollectible debt = 6% of net sales

= 6/100 × 200,000

= 0.06 × 200,000 = $12,000

Therefore, $12,000 will be removed (debited) from the bad debt expense because it is uncollectible, and it is added (credited) to the Allowance for Doubtful accounts as bad debt to be paid for in the bad debt reserve account.

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2 years ago

If a gain of $225,000 is incurred in selling (for cash) a building having a book value of $900,000, the total amount reported in

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Answer:

$1,125,000

Explanation:

Given;

Gain from asset disposal = $225,000

Book value of asset disposed = $900,000

Therefore,

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= $1,125,000

This represents an inflow of cash and will be represented by a positive value in the statement of cash flows. The total amount reported in the cash flows from investing activities section of the statement of cash flows is $1,125,000

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2 years ago

Sansa, Cercei, and Tyrion have just finished their team's project and are waiting for their supervisor's feedback. Cercei has be

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Answer:

Cercei's mood would be categorized as:

negative activated.

Explanation:

Moods do not last longer than emotions. Like Cercei's that unengaged and quiet mood during the project duration, it starts and ends within some period of time. However, a person's mood can be described as either negative or positive. Since Cercei's mood was negative from the commencement of the project to its ending, one can conclude that she activated her negative mood during the period.

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2 years ago

Luxury Dwellings Inc. is a condominium-building company that is based in the country of Veritas. It sells high-priced homes to c

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Answer:

International.

Explanation:

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Why is it important to look abroad?

• Desire to grow

• Increase in performance and recognition

• Unsolicited foreign orders

• Domestic market saturation or limitations The crisis presents challenges at home, but also opportunities abroad

• Potential to exploit a new technological advantage

• Different geographies have different needs and complement each other in presenting a wide range of gaps and opportunities to build market presences.

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2 years ago

When countries such as the U.S. promote production of domestic cotton, developing countries that produce cotton are hurt. Why?

uysha [10]

Answer:

Explanation:

They are hurt because cotton is one of their exports and a developing nations needs to be able to make money from them so if a big country takes away one of their main exports it will hurt their economy.

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