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iogann1982 [59]
3 years ago
6

Management accounting primarily is concerned with providing:A) information to managers inside the organization as well as inform

ation to stockholders, creditors, & others outside the organization.B) information to stockholders, creditors, & others outside the organization.C) information to managers inside the organization.D) information to governmental regulatory agencies.
Business
1 answer:
Inga [223]3 years ago
5 0

Answer:

The correct answer is C:  information to managers inside the organization

Explanation:

Management accounting is a part of accounting that regards the identification, measurement, analysis, and interpretation of accounting information to help managers in the decision-making process to efficiently manage a company’s operations. On the contrary of financial accounting, which is primarily concentrated on the correct organization and reporting of the company’s financial transactions to outsiders (e.g., investors, lenders), managerial accounting is focused on internal decision-making.

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gulaghasi [49]

Answer:

B) none of these

hope this helps you

8 0
3 years ago
Which of the following presents a summary of the changes in a firm’s balance sheet from the beginning of an accounting period to
svet-max [94.6K]
The correct answer is <span>The statement of cash flows. </span>The statement that presents a summary of the changes in a firm’s balance sheet from the beginning of an accounting period to the end of thataccounting period is "the statement of cash flows."
3 0
3 years ago
Importers Direct arranged to have a French winery ship a large quantity of fine wine to the United States. By signing a(n) _____
Andrews [41]

Answer: letter of credit .

Explanation:

A letter of credit is known as

  • a trade finance mechanism also known as "letter of undertaking" used as a guarantee document that the payment of goods and services will be fulfilled between a seller and a buyer.
  • It is also known as documentary credit or a bankers commercial credit.

Hence, Importers Direct arranged to have a French winery ship a large quantity of fine wine to the United States. By signing a <u>letter of credit</u> , Importers Direct authorized its bank to make full payment to the French winery if and when the wine arrives at the Importers Direct warehouse in Philadelphia.

8 0
4 years ago
Boston Cycles started October with 12 bicycles that cost $42 each. On October 16, Boston bought 40 bicycles at $68 each. On Octo
lana66690 [7]

Answer:

FIFO method of inventory valuation produced the lowest of goods sold at $2000

Explanation:

The implication of FIFO producing the lowest costs of good sold is that profit under FIFO method will be much higher since a lower costs of good sold is deducted from sales revenue to arrive at gross profit for the period

In addition, higher gross profit is also a pointer to higher net income and higher tax expense overall.

In order to manage tax exposure effectively,the LIFO method of valuation would be the best  option as it has the highest costs of good sold,hence lower profit figure and lower tax liability

5 0
3 years ago
One of the key roles that salespeople play in society is the distribution of knowledge about new technology. In other words, sal
kvasek [131]

Answer: diffusion of innovation

Explanation: Diffusion refers to the spreading of something widely and aggressively and innovation refers to the generation of a new idea or method.

Thus, the role played by the salespeople regarding the distribution of knowledge in the society is the distributor of information.

Thus, we can conclude that salespeople help with diffusion of innovation.

8 0
3 years ago
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