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4 years ago

Managerial accounting information for a company

Business

1 answer:

Bad White [126]4 years ago

5 0

Answer:

Correct answer is b. relates to subunits ot the entity and may be very detailed.

Explanation

Managerial accounting involves collecting, storing, analyzing, and reporting information about the operations, activities and finances of a business. These reports are generally used by the managers of a business, rather than by any external entities, such as shareholders or lenders. The purpose of this accounting is to facilitate manager from senior to line level to make informed decision.

So in order to run the business smoothly this information/accounting is required to be very detail and covering each and every aspect of the entity.

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Grapes are considered intermediate goods a. whether the purchaser uses them to make wine to sell or eats them. b. if the purchas

Natasha2012 [34]

Answer: Grapes are considered intermediate goods if the purchaser uses them to make wine to sell others but not if the purchaser eats them.

Explanation: We call intermediate goods to goods that deplete their production process.

They are used to produce other goods and in its application to the production process it is fully incorporated into the product or transformed completely with the first use.

They are bought for resale or used as inputs or raw materials for the production and sale of other goods.

One example could be the flour used to make bread is an intermediate good for consumption. ( The bread is the final product that you buy on the store ) .

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3 years ago

A private university charges the same tuition for both in-state and out-of-state students, and it notices that in-state and out-

Stels [109]

Answer:

greater

Explanation:

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3 years ago

Barton and Fallows form a partnership by combining the assets of their separate businesses. Barton contributes accounts receivab

bekas [8.4K]

Answer and Explanation:

The Journal entry is shown below:-

1. Equipment Dr, $90,000

Accounts receivable Dr, $44,300

($48,000 - $3,700)

To Accumulated depreciation -equipment $1,900

To Barton's capital $132,400

(Being Barton capital contribution in the form of accounts Receivable and equipment as per agreed terms is recorded)

2. Cash account Dr, $28,300

Merchandise Inventory Account Dr, $60,500

To Fallows’s Capital Account $88,800

(Being Fallows capital contribution in the form of merchandise inventory and cash as per agreed terms)

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4 years ago

Standards for all manager's ethical responsibilities are covered in a company's _____.

notka56 [123]

Standards for all manager's ethical responsibilities are covered in a company's handbook

3 0

3 years ago

Read 2 more answers

Compare and contrast the three most common types of healthcare indemnity plans PLEASE I NEED THIS ANSWER BY MIDNIGHT

Mariana [72]

Answer:

Health maintenance organizations (HMOs)

Exclusive provider organizations (EPOs)

Point-of-service (POS) plans.

Preferred provider organizations (PPOs)

Explanation:

8 0

3 years ago