1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ipn [44]
2 years ago
13

Financial accounting provides a historical perspective, whereas management accounting emphasizes ________.

Business
1 answer:
Lady_Fox [76]2 years ago
4 0

Financial accounting provides a historical perspective, whereas management accounting emphasizes (A) the current perspective.

<h3>What is management accounting?</h3>
  • Management accounting can be defined as the provision of financial and non-financial decision-making information to managers.
  • In other words, management accounting aids directors in making decisions within an organization.
  • This is also referred to as cost accounting.
  • This is the method for distinguishing, examining, deciphering, and communicating data to managers in order to help them achieve business objectives.
  • The information gathered includes all accounting fields that educate the administration on business tasks associated with the organization's financial expenses and decisions.
  • Accountants use plans to assess the overall strategy of an organization's operations.
  • Management accounting focuses on the present.

Therefore, financial accounting provides a historical perspective, whereas management accounting emphasizes (A) the current perspective.

Know more about management accounting here:

brainly.com/question/14727215

#SPJ4

You might be interested in
ABC Vehicles expects the worldwide demand for new hybrid vehicles to reach 5 million by 2016. However, the demand for new hybrid
Olin [163]

Answer:

The correct answer is c. firm-level demand

Explanation:

Demand can be defined as the quantity of goods and services that are acquired by consumers at different prices, at a specific unit of time (one day, one month, one year, etc.) since without a temporary parameter we cannot say if a Demand amount grows or decreases.

When a person chooses to buy some good, to meet his needs, he does so consciously, based on his criteria both objective and subjective; These conditions are modified according to the educational and socioeconomic level, sex, age, among other factors.

7 0
3 years ago
Some companies want to get their products into as many outlets as possible, understanding that the more exposure a product gets,
Rus_ich [418]

The correct answer is the intensive distribution. An intensive distribution is being defined as having to get products to many outlets as possible by which the consumers are likely to encounter and see the product everywhere that they may go to.

5 0
4 years ago
Read 2 more answers
The daily demand for parts from a machining workcell JMB to an assembly workcell is 1,600 units. The average processing time is
Karolina [17]

Answer:

Daily demand for parts = 1600 units

Avg processing time = 25 seconds.

Capacity of a container = 250 units

Waiting time of a container before the JMB = 6 hours

Number of containters currently deployed = 10

Solution:

Total number of parts carried by the containter = 10 x 250 = 2500 parts.

Total numbers carried in excess as safety stock = 2500-1600 = 900

Percentage of safety stock = (900/1600) x 100 = 56.25%

If one container is removed total parts carried = 2250 units

Processing time at machine for 250 parts after loading in JMB = 250 x 25 seconds = 1.736 hours, but it has to wait for another 4.26 hours for the next container to be loaded because of the waiting time of the containter is 6 hours.

Processing time at machine for 1600 parts = 1600 x 25 seconds = 11.11 hours

Number of containers required for 1600 parts = 1600/250= 6.4 ~ 7 containters

Waiting time of 7 containers = 7 x 4.26 = 29.82 hours.

If one of the containers has to be removed 1600 parts has to be carried in 6 containers ie., 29.82hours - 6 hours = 23.82hours

Waiting time per container before loading = 23.82/6 = 3.97 hours.

Reduced Total waiting time of the container = 3.97 hours + the processing time of 250 parts = 3.97 + 1.736 =5.7hours ~ 5 hours and 42 minutes

4 0
4 years ago
Bramble Corp. applies overhead on the basis of machine hours. Given the following data, compute overhead applied and the under-
ddd [48]

Answer:

$11,000 under applied

Explanation:

To compute the under or over applied overhead, we need to find out the predetermined overhead rate

Predetermined overhead rate = Total estimated manufacturing overhead ÷ Estimated machine hours

= $4,100,000 ÷ 500,000

= $8.2

Then, the overhead applied is;

= Actual machine hours × Predetermined overhead rate

= 495,000 × $8.2

= $4,059,000

Now, the under applied or over applied overhead is

= Actual annual overhead cost - Applied overhead

= $4,070,000 - $4,059,000

= $11,000 under applied

3 0
3 years ago
The fundamental purpose of an organization's mission statement is to:
Maslowich

Answer:

The correct answer is letter "B": define the organization's purpose in society.

Explanation:

A company's mission reflects what is the purpose of the firms in regards to the impact with its surrounding society. It describes what product is going to be offered, what are the association's potential consumers, and in what sector of the society the firm will focus.

6 0
4 years ago
Other questions:
  • What is the difference between income and cash flow?
    8·1 answer
  • The data preparation technique used in market segmentation to divide consumers into different homogeneous groups is
    13·1 answer
  • You purchased an annual-interest coupon bond one year ago with six years remaining to maturity at the time of purchase. The coup
    9·1 answer
  • Which provision of the purchase and sale agreement describes the circumstances under which the closing agent must withhold or no
    14·1 answer
  • Consider a retail firm with a net profit margin of 3.42 %​, a total asset turnover of 1.88​, total assets of $ 45.9 ​million, an
    12·1 answer
  • This question, used by solution focused therapist, is intended to circumvent clients global and unremitting perceptions of the p
    13·1 answer
  • Batista Company management wants to maintain a minimum monthly cash balance of $19,100. At the beginning of April, the cash bala
    15·1 answer
  • Suppose a consumer had a budget of $125. The price of Good X is $5 and the price of Good Y is $7.50. Calculate value of the x-in
    14·1 answer
  • Country A can produce 10 yards of textiles or 6 pounds of food per unit of input. Compute the opportunity cost of producing one
    14·1 answer
  • A $150 debit to office equipment was entered in the account as a $150 credit. this error caused the trial balance to be out of b
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!