Explanation:
Management is the process of organizing, commanding, coordinating and controlling administrative resources. When we talk about management accounting, we relate to a company's financial resources, which are essential for profitability, payments, investments, etc., that is, so that the business can flow effectively.
Therefore, it is correct to say that managerial accounting is the accounting for effective management because accounting is an instrument of control and management for organizing financial accounts and indexes, these being essential instruments in helping to better decision making in a period of time, giving subsidies for managers to adapt and anticipate negative financial situations for example.
Answer:
The correct answer is letter "C": mission formulation.
Explanation:
Segmentation and targeting is the process by which companies classify their existing and potential customers by<em> sex, age, race, </em>and<em> income</em>. This is done to analyze specific consumers' preferences and behavior so the firm can provide them with a good or service they are likely to consume.
Segmentation implies analyzing <em>pricing, salesforce, advertising, </em>and <em>customer management</em> but <em>mission formulation</em> is a step that the firm takes before starting segmenting its market.
Answer:
His opportunity cost a graduation was$50,000 and eight years later is $2 million
Explanation:
His opportunity cost at the time of graduation is $50,000 as he has 2 choices at that time, either playing soccer or coaching. And as he has been playing football for eight years which implying that he gave up the coaching option. The opportunity cost was therefore $50,000, which is a yearly amount of coaching.
in the same way his opportunity cost is $2 million after 8 years because he has two alternatives to play soccer and create films. And as he gave up the possibility to play football. Therefore, the opportunity cost for playing soccer was $2 million, which is the sum he gets.
This is a depreciation method based on units of production.
The formula for this method is:
(original cost of equipment - salvage value) / number of units expected during useful life
14% of $2200 = $308 is the amount of Anita's monthly grocery bill.
