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3 years ago

__________ generates information for use outside the organization.

1 answer:

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I think the correct answer from the choices listed above is option C. Managerial accounting generates information for use outside the organization. By using managerial accounting information, both managers and employees can evaluate how well they have done in the past and what they can expect in the future.

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Lauren often travels to other grocery stores in the marketplace to observe how much they charge for the same products she stocks

tia_tia [17]

Answer:

market intelligence

Explanation:

Market intelligence -

It refers to the information or the knowledge which is necessary for the company like the latest trends , customers ratings , competitors etc. , is referred to as market intelligence.

The process of market intelligence require collecting data from various upcoming sources like internet , social media , news etc .

The method enable to be up to date with their products or services in the competitive world.

Hence, from the given scenario of the question,

Sue is performing market intelligence.

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3 years ago

The difference between a budget and a standard is that standards are excluded from the cost accounting system, whereas budgets a

aleksley [76]

Answer:

The correct answer is the last option: a budget expresses a total amount, while a standard expresses a unit amount.

Explanation:

On the one hand, a budget is the name given, in the business field to an estimation done by the managers of the company that shows how much revenue and expenses the managers are expecting that will happen over a specified future period of time and that is normally compared to the reality and the basics of the process of the company while the production is on going.

On the other hand, a standard when it comes to terms of business refers more specifically to units because an standard is something that the managers of the company are expecting to acquire and to achieve over a certain period of time always focusing in the unit of production, not in the total amount.

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3 years ago

Merowak Missiles has developed its Democratizer Offensive Weapon System (DOWS) for the US military. After sinking $1 billion int

balu736 [363]

Answer:

$100,000,000

Explanation:

To calculate relevant break even cost point we ignore all the sunk funds and fixed costs that have already been paid.

This includes,

R&D funds of $1 billion

Tools of $0.5 billion

Factory of $1 million

None of these are the relevant or incremental costs and thus to calculate break even for this order, they will be avoided.

The Break even cost = 50,000 * 2000 = $100,000,000

We only account for the cost of producing each additional unit that is the Marginal Cost of $2,000/missile.

Hope that helps.

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3 years ago

The amount of increase or decrease in cost that is expected from a particular course of action as compared with an alternative i

belka [17]

Answer:

differential cost

Explanation:

When you are elaborating a differential cost analysis between two alternative projects or actions, you are looking for the difference in total costs between both alternatives.

For example, you might elaborate a cost analysis to decide whether to continue or stop the production of a certain good. What are the costs associated with stopping the production versus thee profitability of continuing the production.

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3 years ago

What advice would you give a friend who would like to become an editor in the advertising and

Kobotan [32]

Answer:

um just tell them that to do what they are better

Explanation:

5 0

3 years ago

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