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ANTONII [103]
3 years ago
13

Some individuals argue that accountants should focus on producing financial statements and leave the design and production of ma

nagerial reports to information systems specialists. What are the advantages and disadvantages of following this advice?
Business
1 answer:
dusya [7]3 years ago
3 0

Answer:

If the accountants of an organization are to concentrate only on financial information then there will be no advantage. The both party (organization and the accountant) might suffer if this happened.

Moreover, it would be very costly to have two systems rather than one that captures and processes operational facts at the same time as it captures and reports financial facts.

The main disadvantage of this is that accountants would ignore much relevant information about the organization's activities. To the extent that such non-financial information (e.g., market share, customer satisfaction, measures of quality, etc.) is important to management, the value of the accounting function would decline.

Explanation:

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Which theories of aging argue that the body's constant manufacturing of energy created by products that combine with various tox
jeka94
The answer is wear-and-tear theorists. Wear and tear speculations of natural maturing suggest that maturing in people and different creatures is just the aftereffect of widespread deteriorative procedures that work in any sorted out framework.
4 0
3 years ago
A company has a cost of debt (before tax) of 5.5% and a cost of equity of 12.8%. In addition, the company has a target capital s
alexira [117]

Answer:

10.12%

Explanation:

Wacc = (D / V)rd (1 - t) + (E / V) re

(D/V) = 0.3

Rd = before tax cost of debt = 5.5%

T = tax rate = 30%

(E / V) = 0.7

Re = marginal cost of equity = 12.8%

= (0.3 x 5.5% × 0.7) + (0.7 x 12.8%) = 1.155% + 8.96% = 10.12%

I hope my answer helps you

4 0
3 years ago
What term describes the situation where an employer changes group plan coverage to another insurer, and all employees eligible f
djverab [1.8K]

Answer: No loss, no gain

Explanation:

When an employer changes group plan to another insurer, all employees under the previous coverage would be eligible to gain under the new plan without any delay for probation.

3 0
3 years ago
What is the major difference between a nonprofit organization and a for-profit organization?.
vodka [1.7K]

Answer:

nonprofits have a social mission, while for-profits aim to offer products and services that are valuable and that make them a tom of money. Then they get money. and also non profits don't make a profit they just pay for themselves and their product.. 0 profit

Explanation:

4 0
2 years ago
A company that has been subject to Securities Exchange Act of 1934 reporting requirements for five years and has an aggregate wo
pickupchik [31]

accelerated filer, A company reporting requirements for five years and has an aggregate worldwide market cap of $300 million is an accelerated filer.

More about accelerated filer?

A publicly traded company that, as of the end of its fiscal year, satisfies each of the following requirements:

  • As of the final business day of the company's most recent completed second fiscal quarter, the total worldwide market value of the voting and non-voting common equity held by its non-affiliates (or public float) was $75 million or more but less than $700 million.
  • For at least 12 months, the company has been required to report in accordance with Sections 13(a) or 15(d) of the Exchange Act.
  • The business has previously submitted at least one annual report in accordance with Exchange Act Sections 13(a) or 15(d).
  • The company does not meet the revenue requirements (which include those listed below), so it is not eligible for smaller reporting company status.

Learn more about accelerated filer here: brainly.com/question/14855960

#SPJ4

7 0
1 year ago
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