Answer:
<u>projects</u>
Explanation:
Remember, among the 'Project selection' stage is the first stage of the Project Process Stages. This stage typically involves examining each project and then determining which is of utmost importance.
Rather than trying to run every uncompleted project with the limited resources available which may affect the status of other projects, it is better to select the project that is most beneficial and that is feasible to complete within the stipulated deadline.
A competitive analysis.
A competitive analysis examines the strengths and weaknesses of your competition in relation you your business.
The firms focus on improving marginal returns. Apart from this, they focus on specialization which increases the output. The amount of labor the firm plans to hire depends on the level of output it requires. The firm keeps adding new workers until output reaches its crest or peak.
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.
<u>Answer: </u>True
<u>Explanation:</u>
Here for calculation of the profit or loss the cost of production cannot be used for comparison as they are the sunk cost it cannot be used for taking sale or rework decision. It is given the proceeds from the sale of inventory would be $425,000 and the cost of rework will be $150,000.
Net proceeds from sale of units = 425000 - 150000
=$275,000
It is clear that these profits are lower than the sale of these units without repair. Sale proceeds without repair is $325,000. So MR corporation can make decision to sell the units without repair for better benefits.
