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
vagabundo [1.1K]
2 years ago
6

A traditional GAAP income statement does not help managers to predict the financial results of their decisions. Which of the fol

lowing is a reason for this shortcoming?
a. The GAAP statement is based on cost function rather than cost behavior.
b. The GAAP statement is based on classification rather than function.
c. The GAAP statement is based on cost behavior rather than cost function.
d. The GAAP statement is based on function rather than classification.
Business
1 answer:
Amiraneli [1.4K]2 years ago
7 0

Answer:

A) The GAAP statement is based on cost function rather than cost behavior.

Explanation:

Income statements that follow GAAP rules categorizes expenses based on their business function: product, selling or administrative.

While cost behavior categorizes costs based on how they influence a company's activities: variable, fixed and mixed. When a manager wants to measure the impact of any decision he/she makes, they need to use this type of categorization. For example, if fixed costs increase, what is the new break even point? If variable costs decrease, how is the marginal cost affected?

You might be interested in
Rounding off statistics _____.
Delicious77 [7]

Rounding off statistics helps the audience remember them better. There are many things that should be done when talking about statisics and going over them but out of the above choices, the most correct is making sure that the audience remembres and understands the statsitics. Statistics will not be remember by many when they are a long series of numbers even if they are as exact as it can be,

7 0
2 years ago
Now suppose the U.S. government does not know the demand curve for pollution and, therefore, cannot determine the optimal tax to
vladimir1956 [14]
https://www.chegg.com/homework-help/questions-and-answers/power-stations-emit-sulfur-dioxide-waste-product-generates-cost-society-paid-firm-therefor-q7518299
4 0
3 years ago
In an​ expansion, taxes rise and government expenditures​ fall, and therefore act as automatic​ ________. Inflation is more like
Sergeu [11.5K]

Answer:

The correct answer is: stabilizers; destabilizer.

Explanation:

The automatic stabilizer is a government policy that correct fluctuations in the economy through their normal operation and hence they are called automatic stabilizers.  

Taxes and government spending are examples of automatic stabilizers.  

During an expansion, taxes increase with an increase in income and government spending decrease. These two without any intervention by the government automatically stabilize the economy.  

Automatic destabilizer causes fluctuations by their normal operation. An example of destabilizer is inflation which increases during expansion and causes fluctuations without any intervention.

6 0
3 years ago
what are the similarites and differences between the business ventures of the wander girls and roxanne quimby
Dimas [21]

People are known to engage in business every day. The answers to the question is below;

<h3>The similarities  between the business ventures of the Wander Girls and Roxanne Quimby</h3>

  • Their businesses are both founded by women.
  • They both encourages women in business ventures and other areas.
  • They both encourages women to take care of themselves and not neglect themselves.
  • They are advocate for self love for women.

<h3>The differences between the business ventures of the Wander Girls and Roxanne Quimby.</h3>

  • Wander Girls are into travels specifically for women while Roxanne Quimby is into personal-care brand.
  • Wander Girls is into service delivery while the other is into product delivery.

Roxanne Quimby is famous as she sell Burts Bees, a natural personal care brand. Elisha Brock, is known to be the founder of Wander Girls. It is an online community that aids and encouraging women to take themselves out by travel with the right resources and person.

Learn more about  Business from

brainly.com/question/24553900

8 0
2 years ago
Sharon is thinking about opening a bakery. She knows she wants to set her own hours, reduce her stress and make a profit. But sh
Tems11 [23]
What are the options? 
6 0
3 years ago
Other questions:
  • As you may know, Starbucks is in a battle with McDonald’s to capture the early morning coffee customer. Last month, our location
    14·1 answer
  • The owners of Spokes Bicycle Shop worry that cash flow this winter may be insufficient to meet the current operating expenses. W
    14·1 answer
  • Sawaya Co., Ltd, of Japan, is a manufacturing company whose total factory overhead costs fluctuate considerably from year to yea
    12·1 answer
  • Room and Board has determined that $41,650 is the break-even level of earnings before interest and taxes for the two capital str
    10·1 answer
  • Mountaineer Excavation operates in a low-lying area that is subject to heavy rains and flooding. Because of this, Mountaineer pu
    6·1 answer
  • A ________ marketing strategy develops products and promotions designed to please large groups of people
    7·1 answer
  • Tessellations that use more than one type of regular polygon are called semi-regular tessellations.
    5·2 answers
  • Which of the following variances are most similar with respect to the manner in which they are calculated? Multiple Choice Labor
    13·1 answer
  • Which of the following is not a reason for passing the equal pay act of 1963​
    14·1 answer
  • 1. Give an example of appropriate communication with a customer and an example of appropriate communication with an employer.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!