1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
nignag [31]
3 years ago
14

Managerial accounting differs from financial accounting in that managerial accounting A. is required by Generally Accepted Accou

nting Principles​ (GAAP). B. emphasizes data relevance over data objectivity. C. tends to report on the company as a whole rather than segments of the company. D. is used primarily by external decision makers.
Business
1 answer:
snow_tiger [21]3 years ago
4 0

Answer:

The correct option is (b)

Explanation:

Managerial accounting is for internal purpose for the managers for decision making. It is not mandatory as per GAAP, unlike financial accounting. Transactions are recorded as per the understanding of managers and not as per specific standards,

Managerial accounting focuses on data being relevant and not necessarily objective. Since, it caters to internal users, it is customized as per their requirement. Financial accounting, on the other hand needs to be highly objective as it caters to a wider audience who need transparent and reliable financial information.

Therefore, managerial accounting focuses on data relevance over data objectivity.

You might be interested in
During the purchase phase for a new car, Larry creates a _____ that includes Chrysler 300 and Toyota Avalon, but does not includ
Novay_Z [31]

Answer:

Consideration chart.

Hope this helps!

8 0
3 years ago
Which is true about people working in a market economy who have labor skills that are in demand?
maksim [4K]

Answer:

C. Their incomes tend to be higher than others whose skills are not in demand.

Explanation:

3 0
3 years ago
Indicate which of the following items would be reported in the balance sheet. A. Net income D. Accumulated depreciation G. Inter
nordsb [41]

Answer:

B. Retained Earnings

D. Accumulated Depreciation

F. Wages Payable

H. Interest Payable

Explanation:

Retained earnings will be reported in the Equity section of the balance sheet.

Accumulated depreciation will be reported in the Fixed assets section of the balance sheet and will be used to calculate Net Book Value.

Wages and Interest payable are both current liabilities to reflect that the company owes wages and interest payments.

3 0
3 years ago
Which interface allows remote management of a layer 2 switch?.
blsea [12.9K]

Answer:

<em><u>The </u></em><em><u>switch </u></em><em><u>virtual</u></em><em><u> </u></em><em><u>interface</u></em>

________________________________

<em>Switch</em><em> </em><em>Virtual</em><em> interface</em><em> </em><em>(</em><em>SVI</em><em>)</em><em> </em><em>A </em><em>virtual</em><em> </em><em>port </em><em>on </em><em>multiplayer</em><em> </em><em>(</em><em>layer </em><em>2</em><em> </em><em>&</em><em> </em><em>3</em><em>)</em><em> </em><em>switch</em><em> </em><em>that </em><em>routes </em><em>traffic</em><em> </em><em>from </em><em>VLANs </em><em>to other VLANs </em><em>(inter VLAN routing) a logical interface on a switch that is associated with one VLAN which may used to route between 2 + VLAN's connected to a switch without a router being present</em>

7 0
2 years ago
Trader Joe's is an American chain of grocery stores headquartered in Monrovia, California. Trader Joe's creates a competitive ad
Goryan [66]

Answer:

Differentiation focus strategy

Explanation:

Competitive advantage is defined as the factors or strategy that gives a firm an edge over others in the same industry.

They are able to sell more product and make more profit than their competitors.

Trader Joe's creates a competitive advantage by its ability to incorporate upscale or attractive attributes into its product offerings at lower costs than rivals.

They are using differentiation focus strategy which entails developing a unique product based on selected attributes that are widely valued by customers.

Focus is given to making products that specifically meet these needs.

The result is a product that is unique in the industry. Products from Trader Joe's can't be found anywhere else. Also they provide a unique atmosphere and unique interaction with their staff.

They have been able to have reduced pricing through research and other tactics aimed at reducing cost of production in a sustainable manner.

4 0
3 years ago
Other questions:
  • Kahn of Portland Oregon sent a letter to Lischner of Los Angeles inquiring whether Kushner’s property in Humboldt County was for
    9·1 answer
  • ​julio's term paper is due on thursday at 5 p.m. on wednesday, he asks his professor if he can turn it in on friday morning, to
    6·1 answer
  • Leighton has spent the last two hours going over customer surveys to see how well her company is achieving its goal of improving
    15·2 answers
  • Tom Brown decided to purchase a new bike on installment loan the bike was $300 he agreed to pay $30 a month for 12 months what i
    15·1 answer
  • A student who works at a record store and plays in a rock band thinks for a minute about his own music-purchasing habits, and th
    6·1 answer
  • Suppose that the total production of an economy consists of 4 oranges and 10 candy bars, each orange sells for $0.25, and each c
    9·1 answer
  • Accounting is the language of business. Yes or no
    9·2 answers
  • Segundo o autor Gilson Schwartz, em seu livro As profissões do futuro, e sua concepção de Mercado de trabalho contemporâneo, pod
    9·1 answer
  • Direct Materials Variances Bellingham Company produces a product that requires 2.5 standard pounds per unit. The standard price
    7·1 answer
  • This table can be used to organize Gigi’s credit card balances and payments over 6 months. The annual percentage rate on the cre
    11·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!