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Musya8 [376]
2 years ago
14

Managerial accounting information: Select one: a. follows GAAP in the reporting process. b. can be tailored to the needs of the

internal user. c. helps shareholders make decisions. d. is a one size fits all approach to reporting business results.
Business
1 answer:
saveliy_v [14]2 years ago
7 0

Answer:

b. can be tailored to the needs of the internal user.

Explanation:

Managerial accounting information is basically for internal users, and is not aimed to provide information to external users. It aims of future projections.

It need not follow the US GAAP process, as there is no statutory requirement.

Shareholders are considered external for this purpose, as internal ones are, management, employees, labor etc:

Therefore, it does not help shareholders.

It does not report any kind of business results, it only aims to regulate transactions and accordingly planning future goals.

Therefore, correct option is

b. can be tailored to the needs of the internal user.

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Benji works for a private firm that has been contracted to examine the books of accounts of the sanborn corporation. after she h
Lorico [155]
I would say that the work that Benji conducted on the books of the Sanborn Corporation would be classified as a financial audit because she checked their figures, examined their accounting procedures and prepared a report so this would qualify as an audit. 
5 0
3 years ago
What are five marketing strategies that retailers spend half of their annual budget on?
aalyn [17]

The five marketing strategies includes strategies on 5P's which includes Price, Product, Promotion, Place and People.

The retailers are basically people who sells goods in smaller quantity to the final consumer in the chain of distribution.

The five marketing strategies they spend half of their annual budget on includes on the following:

  • Price: The retailers ensures that prices of their product are reduced below cost price to persuade consumers to buy from them.

  • Product: The retailers need to ensure that varieties of product are available in the stores to satisfy the consumers need.

  • Promotion: Various advertisement and others strategy to persuade consumers needs funds to make successful.

  • Place: The store and outlet need to be where is more favorable and comes with high cost of expenses for the retailers.

  • People; The consumers are given discounts and other incentives to persuade them to come and buy more goods from the retailers.

Learn more about this here

<em>brainly.com/question/14443232</em>

4 0
2 years ago
Active/passive she is watering the plants​
Alja [10]

Answer:

active

Explanation:

she "is" means she is currently watering the plants. if it was passive it would have been like this, "she watered the plants".

4 0
2 years ago
You want to buy a car, and a local bank will lend you $20,000. The loan will be fully amortized over 5 years (60 months), and th
EastWind [94]
Amortizing a loan P over n periods at i% interest / period, the payment per period is given by:
A= P(i(1+i)^n)/((1+i)^n-1)

In given situation,
P=20000
period=month
i=10%/12
n=5*12=60 months

A.  monthly payment amount
A= P(i(1+i)^n)/((1+i)^n-1)
= 20000(.1/12(1+.1/12)^60)/((1+.1/12)^60-1)
=424.98 to the nearest cent

B. EAR (effective annual rate)
the APR is 10%, but compounded monthly.
So 
EAR=(1+i/12)^12-1
=(1+0.1/12)^12-1
=0.104713
=10.4713%  (effective annual rate)

7 0
3 years ago
What is necessary for someone to even get the oppurtunity to accumulate 10,000 hours of practice at something?
GenaCL600 [577]

Answer:

<em>10 hours per week in 20 years, 20 hours per week in 10 years or 40 hours per week in 5 years.</em>

Explanation:

According to the author Malcolm Gladwel, with his book “Outliers. The success story ”, says that to achieve excellence, you must have an accumulation of 10,000 hours of practice, this means 10 hours per week in 20 years, 20 hours per week in 10 years or 40 hours per week in 5 years.

The author analyzes the importance of culture, family, friends, ancestors and other determining factors in the success of his projects.

Gladwell cites Mozart's example, recognized as a great genius. A composer began at age 7 and it is true that we know that some good pieces were written at the time of his adolescence. But the great symphonies were written after the age of 21, when he had already accumulated more than 10,000 hours of practice, in compositions and interpretations.

From this idea of ​​10,000 hours of practice, a level of knowledge acquired is possible based on a scale of magnitude of 10 hours, in an approximate way:

With 1 hour: We can know the basics.

With 10 hours: We have a broader notion of the basics.

With 100 hours: A medium level is acquired.

With 1,000 hours: It advances to be a specialist.

With 10,000 hours: One can master complications in that skill.

4 0
3 years ago
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