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2 years ago

All of the following entities would have a need for managerial accounting information except:Multiple Choice

Business

1 answer:

Tatiana [17]2 years ago

4 0

Answer:

The correct answer is "a"

As all of these entities would use managerial accounting information.

Explanation:

Mangerial accounting by its name is used by internal managers nature being financial and economical information.

Since we know budgets and forecasts are necessary for future business decisions but these are available to internal managers only. Similarly, cost information, variance analysis, activity based costing is all performed under the umbrella of managerial accounting, and are relevant to different business types.

Such information is used for any business be it manufacturing/service or be it propeitorship/partnership/company. Therefore, managerial accounting is useful for any kind of business.

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Joyce works hard and puts in many extra hours. For this, she can anticipate a pay raise, a promotion, or an expanded sales terri

Alex17521 [72]

Answer:

Expectancy theory

Explanation:

Expectancy theory states that when an individual is faced with different choices they will be motivated in a certain way in choosing a particular option based on what they expect to be the result of the choice.

So behaviour is affected by perceived result or consequence of a particular choice.

In the given scenario Joyce works hard and puts in many extra hours, and getting a promotion is most important to Joyce.

So because of her expectations that manager must recognise that:

(1) she is putting in hard work and long hours to obtain a promotion,

(2) what motivates Joyce will change over time (if she does not get the promotion), and

(3) he must clearly show Joyce how to attain the desirable reward.

7 0

2 years ago

On January 1, 20X7, Poke Corporation acquired 25 percent of the outstanding shares of Shove Corporation for $100,000 cash. Shove

maria [59]

Answer:

$18,750

Explanation:

Income from investment = 25% * $75,000

Income from investment = 0.25 * $75,000

Income from investment = $18,750

The amount that will be reported by Poke as income from its investment in Shove for 20X8, if it used the equity method of accounting is $18,750

4 0

2 years ago

Which of the following represent typical account fees

irakobra [83]

The one that represent typical account fees are : minimum balance fees, service fees, and/or ATM fees. These are all common in personal finances.
Minimum balance fees is the the fees needed to make your account stays afloat, service fees is the fee that covers your operational service while ATM fees is the fees to maintain your ATM Card.

5 0

2 years ago

If the net present value of the payments at the time of the leases was 88% of the actual market price and the useful life of the

Aliun [14]

Answer:

A. True

Explanation:

Examples of situations that individually or in combination would normally lead to a lease being classified as a finance lease are:

(a) the lease transfers ownership of the underlying asset to the lessee by the end of the lease term;

(b) the lessee has the option to purchase the underlying asset at a price that is expected to be sufficiently lower than the fair value at the date the option becomes exercisable for it to be reasonably certain, at the inception date, that the option will be exercised;

(d) at the inception date, the present value of the lease payments amounts to at least substantially all of the fair value of the underlying asset; and

(e) the underlying asset is of such a specialised nature that only the lessee can use it without major modifications.

Since at the time of lease the net present value of the payments is 88% of the actual market price and the useful life of the asset was 70% at the end of the lease term and also the title of asset shall not be transferred to lessee at the end of lease term, therefore the lease shall not be classify as finance lease and it shall be classified as operating lease so the answer is A. True

4 0

2 years ago

What is the primary goal of the As-Is process model? Group of answer choices

sineoko [7]

The answer to the question is C

6 0

3 years ago