What is the primary criterion for the preparation of managerial accounting reports?
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meet managers need
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What is Managerial accounting?
Answered in BUSINESS & FINANCE
What is Managerial accounting?
Managerial accounting is different to financial accounting because it is the one called cost accounting. It is the process in which it is needed to identify, measure, anal… (MORE)
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Should accountants only focus on financial statements and not on production of managerial reports?
Answered in BUSINESS ACCOUNTING AND BOOKKEEPING
Should accountants only focus on financial statements and not on production of managerial reports?
Answer: Which of the following is not one of the three most common core ERP components focusing on internal operations? C. Business Intelligence
Explanation: The core ERP components are Accounting and Finance, Production and Materials Management, and Human Resources. The ERP components help a business focus on internal operations and how to be productive in maintaining them.
Answer:
Target costing
Explanation:
Target costing is a demand-based pricing strategy in which the budget is determined based on a target cost that is stablished according to the customer's willingness to pay. The cost of production added to the desired profit margin should not surpass the customer's willingness to pay in order for this method to be applied.
Answer:
d
Explanation:
Communication encompasses all the processes of transmitting information from one person to another.
In order to effectively communicate, one must analyse their audience to ensure that the message is effectively communicated.
Answer:
The service sector grows because of the same reason that any other economy sector grows: the demand for it increases.
Explanation:
Demand increases because new services are created, or existing ones obtain more customers: a larger market share.
In the case of Amazon, the service it offers is deliveries, but Amazon took deliveries to its logical conclusion, becoming an online store that essentially sells everything, from books to car accessories, to fruits and vegetables.
Amazon has become a giant company because it exploited a existing market that had a lot of untapped potential, and customers at the same time responded by demanding even more of these services. In other words, Amazon and the customers formed a virtous cycle that feeds economic growth.