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2 years ago

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

1 answer:

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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.

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Whar is an incentive

xenn [34]

Answer:

It acts as a stimulus to a market

Explanation:

Incentive encourages people to act in a particular and desired way. It is anything that motivates people to work hard to achieve set objectives.

Since incentives influence behavior, they can act to stimulate the market. Stimulating the market refers to the actions that encourage increased economic activities. Incentives lead to increased levels of activities in the market.

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3 years ago

in the 1990s, the personal computer became more easily available to the average american consumer. which factors played a role i

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Microchip technology is one of the main factors that made low-cost personal computers and other devices increasingly accessible to the general people in the 1990s.

The history of the technology industry is one of rapid expansion and decline. Its initial era of rapid expansion covered the years 1990 to 2000, which are commonly referred to as the "dot-com boom" or the "tech bubble."

Over the time, employment in the technology sector sectors soared by 36% nationwide. Over a ten-year period, the average weekly pay for those working in the technology industry quadrupled and increased by 102%. At its height in 2000, slightly over 4% of all private employment was in the technology sector.

Early in 2001, as the tech bubble burst, employment in the industry fell off quickly. For the next four years, there were large net job losses.

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1 year ago

Burbank Corporation (calendar-year-end) acquired the following property this year

GREYUIT [131]

a. Burbank Corporation must use the mid-quarter convention to determine its cost recovery.

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3 years ago

A manufacturer of tiling grout has supplied the following data: Kilograms produced and sold 380,000 Sales revenue $ 2,736,000 Va

KATRIN_1 [288]

Answer:

Break-even point in units= 272,308 units

Explanation:

Giving the following information:

Variable manufacturing expense $ 1,349,000

Variable selling and administrative expense $ 399,000

Total variable cost= 1,748,000

Fixed manufacturing expense $ 336,000

Fixed selling and administrative expense $ 372,000

Total fixed costs= 708,000

<u>First, we need to calculate the unitary selling price and unitary variable cost</u>:

Unitary selling price= 2,736,000/380,000= $7.2

Unitary variable cost= 1,748,000/380,000= $4.6

<u>Now, to calculate the break-even point in units, we need to use the following formula:</u>

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 708,000 / (7.2 - 4.6)

Break-even point in units= 272,308 units

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3 years ago

Which of the following statements about a company’s realized strategy is true? A company’s realized strategy is usually kept sec

Nookie1986 [14]

Answer: A company's realized strategy is typically a blend of deliberate and planned initiatives, and emergent and unplanned reactive strategy elements.

Explanation: In simple words, the strategy that is actually followed by an organisation is called its realized strategy. These strategies are the conclusion of the intended strategies that are made by the organisations from the beginning of the planning process.

Thus a realized strategy can be defined as a group of planned initiatives and strategies that are modified as per the situation.

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3 years ago