Management accounting is an area of accounting known for providing information to internal users.
<h3>What is management accounting?</h3>
Management Accounting is an area of accounting that refers to providing information to support internal management decisions. This accounting assist managers identify problem areas in budgeting and then develop a different plan to addressing those problems.
The role of management accounting includes:
- Monitoring costs
- Conduct audits
- Identify past trends and predict future needs.
Therefore, the area of accounting concerned with providing internal users with information is known as management accounting.
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Answer:
5.06%
Explanation:
Given that,
Working-age population = 400 million
Workers employed = 300 million
Workers unemployed = 16 million
workers are not available for work = 64 million
workers are available for work but are discouraged = 12 million
workers are available for work but are not currently seeking work due to transportation = 8 million
Total labor force = Workers employed + Workers unemployed
= 300 million + 16 million
= 316 million
= 5.06%
Answer:
The statement is: True.
Explanation:
Before starting businesses in a foreign country, managers must analyze if the target region fulfills the minimal conditions to conduct operations and, more important if the returns are good enough to cover the expenses of the investment. For such a purpose, social indicators such as average consumer income, education, or occupational class should be reviewed by executives. Countries with higher ratings should be the priority to start international businesses there.
Answer:
E : the market is very small and limited
Explanation:
The statement that the market is very small and limited is not a difference between business markets and consumer markets as the real difference is :
Business market larger in size :
If we talk from a Marketing Perspective point of view it Innovates through technological push and fanatics-breakthroughs which result in a rapid increase in the number of customers in the market and as the size of the market becomes larger.
Answer:
1. U. None of these
2. Variable overhead price variance = $2,000 F
Variable overhead efficiency variance = $4,000 U
Explanation:
Please see attachment.
