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Inessa05 [86]
4 years ago
6

Managerial accounting differs from financial accounting in several areas. Specify whether each of the following characteristics

relates to managerial accounting or financial accounting.
a. Reports tend to be prepared for the parts of the organization rather than the whole organization.
b. Primary users are internal (for example, company managers).
c. It is governed by Accounting Standards for Private Enterprises (ASPE) or International Financial Reporting Standards (IFRS).
d. Two main characteristics of data are reliability and objectivity.
e. Reports are prepared as needed.
f. It is not governed by legal requirements.
g. Primary users are external (i.e., creditors, investors).
h. It is focused on the future.
i. Reporting is based mainly on the company as a whole.
j. Reports are prepared usually quarterly and annually.
k. Information is verified by external auditors.
l. It is focused on the past.
m. A main characteristic of data is relevance.
Business
1 answer:
Lera25 [3.4K]4 years ago
5 0
The answer is A,C,E, and f
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Suppose that after controlling for age and education, it is found that the average woman earns $0.80 for every $1.00 earned by t
ad-work [718]

Answer:

Consider the following explanations

Explanation:

a. The whole argument is based on the controlling of different factors such as age, education and occupation among males and females. Now, this is very subjective how they have controlled occupation. For e.g. – Which all occupation they have considered for as stressful job, which all jobs they have considered as physical tiring jobs. Working in a refinery may be physical tiring job but then working in IT Company can also be tiring.

Therefore since there are lot of factors at play apart the one considered to calculate ratio’s we can say that these differential percentage points can always be more than or less than of what presented in question.

b. The same logic has to be applied to (b) as well. When we say that discrimination account for less than 8 percent of differential we implied to say that occupation nature may have more than 12 percent of differential. Now, if you use above logic and applied from occupation point of view.

4 0
3 years ago
Read 2 more answers
Will Mark as Brainliest!!! +40 extra points Spending money on medical expenses is part of this expenditures approach for calcula
mr_godi [17]

Answer A

Explanation:

8 0
3 years ago
Now suppose instead that withdraws $400 from her checking account and uses $280 of this money to pay her federal income tax. Aft
weeeeeb [17]

Answer:

$300 has been reduced from the money supply.

Explanation:

The taxes act as leakage from the circular flow of money. Unless they are spent and injected back as government spending they would be treated as a leakage that has left the circular flow.

Similar effect happens with the savings amount. A saving is a leakage and thus the remaining amount which is $20 after paying for golf clubs and taxes can also be said to have left the circular flow of income and so reducing money supply.

$100 of the original $400 is still left in the flow and money supply as it is still in the checking account after the transaction.

Hope that helps.

3 0
3 years ago
A proprietorship has three important advantages:______________.
Mnenie [13.5K]

Complete/Correct Question:

A proprietorship has three important advantages:______________.

(1) It is easily and inexpensively formed,

(2) it is subject to government regulations, and

(3) it is subject to lower income taxes than are corporations

Answer:

True

Explanation:

A proprietorship is an unincorporated business owned by an individual. Starting a proprietorship business is easy to start and has it most important advantage stated above in the question. it also has its limitations and as such some sole proprietorship businesses have converted to corporations when the business limitations are too overwhelming.

The limitations of sole proprietorship includes unlimited liability for the business or debts it might incure, the life of the business is a function of the life span of the owner, inability to secure huge capital from banks,etc.

A sole proprietorship is therefore used for small businesses.

Cheers.

5 0
3 years ago
An analAn analyst wants to use the Black-Scholes model to value call options on the stock of Heath Corporation based on the foll
lawyer [7]

Answer:

Value of the call option using Black-Scholes Model is $3.47

Explanation:

d1 = 0.175

• d2 = -0.025

• N(d1) = 0.56946

• N(d2) = 0.49003

N(d1) and N(d2) represent areas under a standard normal distribution function.

Stock price: $40.00 N(d1) = 0.56946

Strike price: $40.00 N(d2) = 0.49003

Option maturity: 0.25

Variance of stock returns: 0.16

Risk-free rate: 6.0%

The Black-Scholes model calculates the value of the call option as:

V = P[N(d1)] – Xe^rt[N(d2)]

= $40(0.56946) – $40e^rt(0.49003)

= $22.78 – $19.31

= $3.47

6 0
4 years ago
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