1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ainat [17]
3 years ago
8

This problem has been solved!

Business
1 answer:
love history [14]3 years ago
8 0

Answer:

Planning responsibility

Explanation:

According to my research on the different management responsibilities, I can say that based on the information provided within the question the managerial accountant is using the Planning responsibility. This mainly focuses on setting goals and objectives for the organization as well as determining different strategies in order to achieve the goals that were set. Which is what the accountant is doing in this situation.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

You might be interested in
North Around, Inc. stock is expected to return 22 percent in a boom, 13 percent in a normal economy, and −15 percent in a recess
almond37 [142]

Answer:

4.53%

Explanation:

Data provided in the question:

Expected return = ∑ (Return × probability)

Thus,

Expected return = (0.06 × 22) + (0.92 × 13) + (0.02 × (-15))

= 12.98%

Now,

Probability       Return        Probability × (Return-Expected Return)²

0.06                  22                   0.06 × (22% - 12.98%)² = 4.8816

0.92                  13                    0.92 × (13% - 12.98%)² = 0.000368

0.02                  -15                   0.02 × (-15% - 12.98%)² = 5.657608

========================================================

                                                                            Total = 20.5396%

Standard deviation = \sqrt{\frac{\text{Total probability}\times(\text{Return-Expected Return})^2}{\text{Total probability}}

= √(20.5396)

= 4.53%

6 0
3 years ago
When teresa carleo, the owner of plant fantasies, started her business, staying with the business for the first few years was di
mote1985 [20]

Teresa's decisions to stay with the business and work from home exemplify <u>"long-term strategic plans".</u>


A strategic plan with key long-term objectives fills in as a structure for settling on choices and gives a premise to arranging. Assembling a key arrangement can give the knowledge expected to stay with an on track by defining objectives and estimating achievements. By breaking down the data in the long term plan, administrators can roll out important improvements and set the phase for additionally arranging.

4 0
3 years ago
You own 230 shares of stock in Green Mild Chili Peppers, Inc., that currently sell for $50.70 per share. The company has announc
Arturiano [62]

Answer:

This equals $12,256.70 (230 x $50.70 + 230 x $2.59)

Explanation:

The value of the portfolio on May 3 is the sum of the market value of the shares plus the sum of the returns in form of dividends to be received.

This value adds the weight of the investment obtained by multiplying the total shares held with its market price to the expected dividend returns on the given date.

6 0
3 years ago
Read 2 more answers
Cambridge Co. uses the allowance method. During January 2019, Cambridge writes off a $640 customer account balance when it becom
yan [13]

Answer:

The correct answer is option (a).

Explanation:

According to the scenario, computation of the given data are as follows:

Allowance method shows that, if account is written off, then Accounts receivable account gets credited and Allowance accounts gets debited.

Here, both accounts are or balance sheet items.

So, it will not affect any expenses account.

8 0
3 years ago
Erin works at a financial institution. She has offered a housing loan to a customer. While carrying out the transaction, which l
Neko [114]

Answer:

D. ensure that she credits the loan amount accurately to the customer’s account

Explanation:

Erin needs to address this legal responsibility, and "arranging an informal meeting with the customer" is not a legal responsibility. Similarly, C is not a legal responsibility, and in fact, it is a crime. And E is not a legal responsibility. These details are not being given at the time of sanctioning the loan. However, D is certainly a legal responsibility as Erin needs to ensure that she credits the loan amount accurately to the customer's account.

6 0
3 years ago
Other questions:
  • The primary goal of a federal reserve system is to?
    12·1 answer
  • Lasseter Corporation has provided its contribution format income statement for August. The company produces and sells a single p
    13·1 answer
  • A seller listed her residence with a broker. the broker brought an offer at full price and terms of the listing from buyers who
    14·1 answer
  • A firm wants to create a WACC of 11.2 percent. The firm's cost of equity is 16.8 percent and its pretax cost of debt is 8.7 perc
    14·1 answer
  • Company incurred the following costs while producing ​units: direct​ materials, per​ unit; direct​ labor, per​ unit; variable ma
    6·1 answer
  • Bristle Corporation acquired 75 percent of Silver Corporation's common stock on December 31, 20X8, for $300,000. The fair value
    6·1 answer
  • Which of the followings statements are true credit cards?
    12·1 answer
  • The unadjusted trial balance at year-end for a company that uses the percent of receivables method to determine its bad debts ex
    13·1 answer
  • Granfield Company has a piece of manufacturing equipment with a book value of $44,500 and a remaining useful life of four years.
    15·1 answer
  • experiences are associated with Select one: a. sport insurance b. sport risk management c. financial management d. marketing man
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!