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defon
3 years ago
12

The area of accountancy that is focused on arranging company financial information to give to managers to make decisions is

Business
1 answer:
Alina [70]3 years ago
4 0

Answer: Managerial Accounting or Management Accounting.

Managerial Accounting helps managers to use the data in the financial statements in order to take decisions. These decisions help them in managing the company's operations and aid in keeping control of matters under their purview.

Managerial Accounting includes any topics from cost accounting. It helps managers to make internal plans, execute them and also see if the plans have been accurate.

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​Long-run growth in GDP is determined by A. labor​ productivity, capital, and government expenditures. B. ​consumption, investme
amm1812

​Long-run growth in GDP is determined by​ capital, labor​ productivity, and technology progress is affected by private property rights, investment in capital, entrepreneurship.

C) capital, labor productivity, and technology

A) Private property rights,

B) Investment in capital,

E) Entrepreneurship

<u>Explanation:</u>

The long run growth is considered as the increase in the value of goods produced in the market over a period of time. In macroeconomics, since quite a while ago run development is the expansion in the market estimation of merchandise and enterprises created by an economy over some undefined time frame.

The since quite a while ago run development is dictated by the level of progress in the genuine total national output (GDP). The goods and services produced in the long run and the long run growth is determined by the change in the percentage of Real GDP.

8 0
3 years ago
Which of the following would not be an adjustment to net income using the indirect method? An increase in accounts receivable. A
sertanlavr [38]

Answer:

Using the indirect method, an increase in accrued wages is not an adjustment to net income.

Explanation:

An increase in accounts receivable are subtracted from net income.

A decrease in a prepaid expense are added to net income.

A loss on equipment sold are added to net income.

An increase in accrued wages not consider. (Increase in the wages payable balance are added to net income)

An increase in plant, property and equipment.are subtracted from net income.

6 0
3 years ago
Broom Corporation transfers assets with an adjusted basis of​ $300,000 and an FMV of​ $400,000 to Docker Corporation in exchange
Helen [10]

Answer:

Niether of the party to contract earned any gain on this investment

Explanation:

The reason is that the both companies exchanged assets whose Fair Market value was equal to the amount received. This is because the Baron Corporation would would had written down its asset at FMV which means the asset is sold at a price that actually costs the Broom Corporation if it uses the asset for its rest of the life. Furthermore, the Docker will also not recognize any gain on the stock repurchased sold because it is not permitted in the accounting standard.

7 0
3 years ago
Read 2 more answers
2. You retire at age 60 and expect to live another 23 years. On the day you retire, you have $568,900 in your retirement savings
hichkok12 [17]

Answer:

The monthly withdrawals are $3,537.85 and will last for 23 years.

Explanation:

We have to calculate the monthly installment of an annuity:

PV \div \frac{1-(1+r)^{-time} }{rate} = C\\

PV 568,900.00

time 276 (23 years x 12 months)

rate 0.004333333 (5.2% = 5.2 / 100 = 0.052 per year we now divide by the 12 months of a year and get the rate for monthly withdrawals.

568900 \div \frac{1-(1+0.00433)^{-276} }{0.00433} = C\\

C  $ 3,537.85

5 0
3 years ago
Krisp Bite, a breakfast cereal manufacturer, has a storage facility to store sugar, corn, wheat, oats, rice, and barley before t
sattari [20]

Answer:

D) inventory

Explanation:

Inventory: Inventory is the stock of the company. It passed through various cycles i.e. raw material, work in progress, finished goods. When the cycle is finished then the product is ready to sell in the market.  

Moreover, the recording of the stock is done based on the cost or market value whichever is lower.  

In the given question, operation management uses the storage facility. So, the storage facility is used to store the inventory. Here, the storage facility means the warehouse in which the company products are kept for safety measurement.

Thus, all other options are incorrect except D option

7 0
3 years ago
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