Answer:
Entrepreneurs occupy a central position in a market economy. For it's the entrepreneurs who serve as the spark plug in the economy's engine, activating and stimulating all economic activity. The economic success of nations worldwide is the result of encouraging and rewarding the entrepreneurial instinct.
Explanation:
Companies usually use strategies such as testimonies, and others such as overgeneralization (over-simplification) where they say a very broad claim that may not be completely true. Or, it may specifically leave out certain details in order to convince you.
Answer:
the increase in taxes as a percentage of the increase in income
Explanation:
"Marginal" anything in business or economics refers to rate of change. The marginal tax rate is the tax paid on the next unit of income. That is, it is ...
the increase in taxes as a percentage of the increase in income
Answer:
The correct answer is letter "C": risk-free rate.
Explanation:
The United States government issues a variety of debt obligations to finance its operations. Those with the shortest maturity are called Treasury Bills or T-Bills. One of the unique features of T-Bills is that the government does not make regular interest payments to the holder. Instead, the securities are sold at a price below its face value resulting in a profit at the maturity date.
T-Bills are seen as low-risk investments compared to other securities being <em>the closest to risk-free return</em> in the market.
True.
Managerial accounting can be identified as the process and procedures that create documents and reports to assist management in the decision-making processes of running a particular company.
It also refers to the information that managers need in order to make decision about the improvement of a particular company.
<h3>Further Explanation</h3>
Managers use managerial accounting to measure the success or failure of a business and also to determine the achievement of the business goals. In addition, managers use managerial accounting to identify whether a department is efficient or a departmental project is doing well and meeting targets and expectations.
How it differs from Financial Accounting
Managerial accounting and financial accounting can be differentiated through the followings:
- Managerial accounting is mainly used for internal purposes, unlike financial accounting.
- Managerial accounting focus on internal performance like departments, projects, and processes while financial accounting is focus on the business as a whole.
- Managerial accounting is used to help managers improve business processes exactly the same way financial reporting helps investors make investment decisions.
- In managerial accounting, managers and managerial accountants don’t have to worry about following Generally Accepted Accounting Principles (GAAP) like financial accountants do, because management reports never get issued to banks or external parties like financial reports do
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KEYWORDS:
- managerial accounting
- decision-making
- financial accounting
- accountants
- department
