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
OleMash [197]
3 years ago
5

Managerial accounting reports are a.prepared periodically only b.related to the entire business entity only c.prepared according

to GAAP d.prepared according to management needs
Business
1 answer:
ahrayia [7]3 years ago
3 0

Answer:

The correct answer is letter "D": prepared according to management needs.

Explanation:

Managerial accounting reports are the principal tool top executives use to make their decisions. Thanks to accounting reports managers can check what the costs of production are and how profitable the operations of the firm have been in terms of expenditure. These reports also help managers to find out what aspects of the company should be improved to maximize productivity and efficiency.

<em>Most managerial accounting reports are tailored to the executives' demands.</em>

You might be interested in
9. Current one-year interest rates in Europe is 4 percent, while one-year interest rates in the U.S. is 2 percent. You convert $
Ulleksa [173]

Solution:

Given ,

1 Year interest rates in Europe = 4 %

1 Year interest rates in the U.S. = 2 %

You are translating $200,000 and spending $200,000 in French

Current spot rate of the euro = $1.20

a.   (2%-4%)/(1+4%)=(S - 1.20) / 1.20  

     S= $1.1769 one year Euro rate

b. ( $1 / 1.20 )( 1 + 4% )* 1.12 = $.9707 return of -2.93% (loss)

c. ( $1 / 1.20) ( 1 + 4%)* 1.31 = $1.1353 return of 13.53% (gain)

d . ($1 / 1.20) ( 1 + 4%) *S = $1 (1+2%) ;

        S=$1.1769          

A spot rate of over $1.17697 (this is the same in part A) would be effective.

7 0
3 years ago
Each of the statements below are true about inflation EXCEPT
SCORPION-xisa [38]
Is there a picture i can look at?
5 0
3 years ago
The application of multiple regression analysis to a data set yields an F statistic that is highly significant and t ratios that
dolphi86 [110]

Answer:

(B) multicollinearity is present.

Explanation:

Multicollinearity -

It is the process where , one of the predictor variable in the multiple regression model can be linearly predicted from the others with  the substantial degree of accuracy , is known as multicollinearity or  collinearity .

<u>In this case , the coefficient estimated of the multiple regression can change erratically for even a small change in the model .</u>

hence , from the question , the indication is of (B) multicollinearity is present .

6 0
3 years ago
Presented below is information related to Lexington Real Estate Agency.
Ber [7]

Answer:

Oct 1

DR Cash............................................................................$20,000

CR Common Stock.........................................................................$20,000

Oct 2. No entry required

Oct 3

DR Office Furniture .....................................................$2,300

CR Accounts Payable................................................................$2,300

Oct 6

DR Accounts Receivable.............................................$3,600

CR Service Revenue - Realty services...................................$3,600

Oct 27

DR Accounts Payable ..................................................$850

CR Cash .......................................................................................$850

Oct 30

DR Salaries Expense ....................................................$2,500

CR Cash ..........................................................................................$2,500

3 0
3 years ago
Which of the following statements is true of break-even point?
Misha Larkins [42]

Answer:

D) It helps managers exercise control after the product has been created and is ready for marketing.

Explanation:

Break-even point is the point where the total cost matches the total revenue,it is helpful to managers in order to control the business,it helps them to know when to implement certain changes or favorable incentives for improved sales and overall revenue.

It is calculated by dividing the total fixed cost/total revenue for one unit minus the variable cost for one unit.

It helps managers to control the profit margins in a given product,and also know the impact of changes to total revenue or profit when a process is Automated.

6 0
3 years ago
Other questions:
  • How did many early marketers establish a degree of power with their brands?
    13·1 answer
  • A convertible debenture can never sell for more than its conversion value or less than its bond value.
    6·1 answer
  • Multiple choice-- economics
    8·1 answer
  • vA $1,000 three-year par-value bond yields an effective annual interest rate of 6%. Coupons are paid on an annual basis at a rat
    12·1 answer
  • Earnings Per Share, Price-Earnings Ratio, Dividend Yield The following information was taken from the financial statements of Mo
    10·1 answer
  • You are the General Manager of a US owned plant located in Northern Mexico. The firm manufactures semiconductors and uses tempor
    6·1 answer
  • Ramses Corporation produces a product that passes through two processes. During April, the first department transferred 19,000 u
    6·1 answer
  • Concord Corporation is constructing a building. Construction began in 2020 and the building was completed 12/31/20. Concord made
    11·1 answer
  • Askew Enterprises produces a product with fixed costs of $200,000 and variable cost of $9 per unit. The company desires to earn
    5·1 answer
  • What economic theory would be most likely to make a person oppose taxing imports?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!