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Ivahew [28]
2 years ago
15

Managerial accounting is governed by generally accepted accounting principles (gaap). a. true b. false

Business
1 answer:
diamong [38]2 years ago
3 0

This is a False Statement.

Generally Accepted Accounting Principles (GAAP) need not be followed by managerial accountants when preparing management reports.

Specifically, management accounting aims to

  • provide Information for internal Organisation managers
  • providing details to governmental regulating bodies
  • Information for shareholders, the accounts payable department, and other parties outside the company
  • information to shareholders, accounts payables, and other parties outside the company, as well as information to management inside the firm.

To Learn more about Management Accounting, Click the links.

brainly.com/question/21597572

brainly.com/question/18414655

#SPJ4

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When preparing a speech introduction, you should usually?
Scrat [10]
When preparing a speech introduction, you should usually preview the main points to be discussed in the body, gain the attention and interest of your audience, and <span>establish your credibility on the speech topic. This means that the correct answer is all of the above.
It is important that your introduction is interesting, presents everything you want to talk about, and convinces your audience why they should believe you.
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3 0
4 years ago
House Loan. Suppose you take out a home mortgage for $180,000 at a monthly interest rate of 0.5%. If you make payments of $1000/
zzz [600]

Answer:

It will be after 462 months

Explanation:

We use the annuity formula for present value

C * \frac{1-(1+r)^{-time} }{rate} = PV\\

We post our know values and start solving for time:

1000 * \frac{1-(1+0.005)^{-time} }{0.005} = 180,000

First we clear the dividend:

1-(1+0.005)^{-time} = 180,000/1000\times 0.005

Then we clear for the power

(1.005)^{-time} = 1-0.9

We set up the formula using logarithmic

log_{1.005}\: 0.1 = -time

And use logarithmic properties to solve for time:

\frac{log\:0.1}{log\:1.005} = -time

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time 462 months

7 0
3 years ago
When small changes in price lead to infinite changes in quantity demanded, demand is perfectly
aleksley [76]

Answer:

correct answer is Option D

Explanation:

Option D - elastic, and the demand curve will be horizontal.

The quantity would be changed infinitely with a samll change in the the price. It means that demand is perfectly elastic and the curve is horizontal as the small change up decreases the quantity to zero and small change down increases the quantity infinity. Thus, option D is the correct ams of this questionwer

6 0
3 years ago
Goldin Corporation currently pays its salesperson a flat salary of $5,000 per month and is considering paying him $20 per unit i
Neporo4naja [7]

Answer:

C. Increase by $7,000

Explanation:

Current net operating income

($80 x 200) - $5,000

$16,000-$5,000

= $11,000

With the change the net operating income will be:

($80 - $20) x 200 x 150%

($60)×200×1.5

($60)×300

= $18,000

$18,000-$11,000

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Therefore If the change is implemented, net operating income will: be an increase of $7,000 per month because the current net operating income was $11,000 and with the change the net operating income was increased to $18,000 which is why the income will increase by $7,000.

4 0
3 years ago
What is the best strategy to avoid paying interest on your credit cards?
lord [1]

c pay the miminum balance each month

8 0
3 years ago
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