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icang [17]
4 years ago
15

Accounting designed to meet the needs of decision makers inside the business isa. financial accounting b. external accounting c.

managerial accounting d. general accounting
Business
1 answer:
Zinaida [17]4 years ago
5 0

Answer:

The correct answer is letter "C": managerial accounting.

Explanation:

Managerial Accounting is an internal accounting system that helps managers to assess their decision outcomes. One common managerial accounting function is to assess the profit margin on the goods of the company. This information helps top executives set prices on those goods to ensure that good enough profit margins are being earned.

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Eight years ago, Bravo Company purchased land for $170, 000. The current fair market value of the land is $421,000. The rate of
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Answer: $170,000

Explanation:

According to the historical cost concept, the original cost value of a asset (i.e. land) should be recorded in the books. The original cost refers to the cost of a asset at the time of purchasing. As per the principle of historical cost, assets are always recorded as a original cost or historical cost or acquisition cost.

But when a person sold the asset then he will consider the fair market value.

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Why should companies be careful to report cash and cash equivalents correctly?
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<span>Companies should be careful to report cash and cash equivalents correctly because this is there responsibility. Companies must be prepared for random audits by the IRS and must show these records and calculations when the need arises. This will save a lot of money from penalties and other fees that may be owed to the IRS and can update the IRS of any incorrect calculations they may have.</span>
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4 years ago
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 JIT strategy stands for Just-in-time. The JIT strategy is used to increase efficiency and decrease waste <span>by reducing inventory costs. </span><span>
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4 0
3 years ago
PLEASE HELP ASAP! Will give BRAINLIEST! Please answer correctly!<br> No guessing!
just olya [345]
I think the answer is B
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3 years ago
Read 2 more answers
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