The answer to this question is: Quality
The answer is greater than cash inflows. The explanation behind this is cash flow gaps happen when cash outflows are greater than cash inflows. Cash flow budgets assist financial managers determine whether the business needs to seek outside sources of funds beyond sales to manage projected cash shortages.
Answer:
The amount of the cost of goods sold for this sale is $98.4
Explanation:
Marquis Company uses a weighted-average perpetual inventory system
August 2, 22 units were purchased at $3 per unit,
Total cost = $3 x 22 = $66
Average cost per unit: $3
August 18, 27 units were purchased at $5 per unit
Total inventory = $66 + $5 x 27 = $201
Average cost per unit = $201/(22+27) = $4.1
August 29, 24 units were sold
Cost of goods sold = 24 x $4.1 = $98.4
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.
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Answer:
The answer is True
Explanation:
The DC Kitchen which was started by Robert Egger was meant to address hunger by empowering minds and to meet the needs of those who were in poverty.
