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Alina [70]
4 years ago
15

Management accountants would not assist in budget planning. prepare reports primarily for external users. be concerned with the

impact of cost and volume on profits. determine cost behavior.
Business
2 answers:
Keith_Richards [23]4 years ago
8 0

Answer:

B) Prepare reports primarily for external users

GREYUIT [131]4 years ago
6 0

Answer:

b. prepare reports primarily for external users.

Explanation:

Management accountants takes care of the company's accounts. They function as an adviser to managers about the financial involvement of business decisions to assist growth and profit. Responsibilities attached to this job include the following :

A) commentaries and financial statements.

B) undertaking financial administration and internal audits.

C) preparing reports budgets

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From the point-of-view of the consumer, bertrand oligopoly is ________ since it leads to an outcome similar to
Aleks04 [339]

From the point of view of the consumer, Bertrand oligopoly is <u>undesirable</u> since it leads to an outcome similar to zero.

An oligopoly is a market where there are a small number of firms who realize they are interdependent in their pricing and output policies. In this market, the number of firms are small enough to give each firm some market power.

Bertrand model of oligopoly is a model of competition in which two or more firms produce a homogenous good and compete in prices. However, this competition in prices where the goods are perfect substitutes, ends with the firms selling their goods at marginal costs and thus making zero profits out of it.

Hence, from the point of view of the consumer, Bertrand oligopoly is undesirable.

To learn more about Bertrand oligopoly here:

brainly.com/question/14093864

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8 0
2 years ago
Green Melon Electronics Company's management plans to finance its operations with bank loans that will be repaid as soon as cash
polet [3.4K]

Answer: a. The CFO is not taking into account the amount of time the company has to pay its suppliers. Generally, there is a certain length of time between the purchase of materials and labor and the payment of cash for them. The CFO can reduce the estimated length of the bank loan by this amount of time.

1. It has a major effect on sales, it influences the amount of funds tied up in receivables, and it affects bad debt losses.

Explanation:

A. Since the company's management expects that it will take 60 days to manufacture and sell its products and 50 days to receive payment from its customers, while Green Melon's CFO informed the rest of the management team that they should expect the length of the bank loans to be approximately 110 days, then it can be inferred that the CFO is not taking into account the amount of time the company has to pay its suppliers.

2. Setting and implementing a credit policy is important because it has a major effect on sales, nfluences the amount of funds tied up in receivables, and it also affects bad debt losses.

4 0
3 years ago
just a mental health update, be sure to drink some water and get a heathy snack and don't to much work. Have a good day! &lt;3
Ksju [112]
Thank you so much!!! :) you too!!!
7 0
3 years ago
Required information [The following information applies to the questions displayed below.] The following events occur for Morris
Gekata [30.6K]

Answer:

Journal 1 : February 2, 2021 Provide services to customers on account for $26,000

Trade Receivables $26,000 (debit)

Revenue $26,000 (credit)

Journal 2 :July 23, 2021 Receive $17,000 from customers on account.

Bank $17,000 (debit)

Trade Receivables $17,000 (credit)

Journal 3 :December 31, 2021 Estimate that 20% of uncollected accounts will not be received

Profit and Loss $ 1,800 (debit)

Allowance for Doubtful Debts  $ 1,800 (credit)

(26,000-17,000)×20%

Journal 4 :April 12, 2022 Provide services to customers on account for $39,000

Trade Receivables $39,000 (debit)

Revenue $39,000 (credit)

Journal 5 :June 28, 2022 Receive $6,000 from customers for services provided in 2021.

Bank $6,000 (debit)

Trade Receivables $6,000 (credit)

Journal 6 :September 13, 2022 Write off the remaining amounts owed from services provided in 2021.

Bad Debts $3,000 (debit)

Trade Receivables $3,000 (credit)

(26,000-17,000-6,000)

Journal 7 :October 5, 2022 Receive $35,000 from customers for services provided in 2022

Bank $35,000 (debit)

Trade Receivables $35,000 (credit)

Journal 8 :December 31, 2022 Estimate that 20% of uncollected accounts will not be received.

Profit and Loss $800 (debit)

Allowance for Doubtful Debts $800 (credit)

39,000-35,000×20% = 800

Explanation:

"Services to customers on account"

Recognise an Asset - Trade Receivables and also Recognise Revenue

"Receipt of Cash from Receivables"

Recognise the Assets of Cash and De-recognise the Trade Receivable

"Estimate of uncollected accounts"

Recognise an Expense in the Profit and Loss and recognise a Contra - Account Allowance for Doubtful Debts to De-recognise the Trade Receivables

8 0
3 years ago
A good for which it is impossible or at least very costly to exclude nonpaying customers from receiving the good and for which m
Andrew [12]

A public good, public goods are non both non-excludable and non-rivalrous. Non-excludable means that individuals can not be excluded from using it. Use by one individual does not reduce the availability. Examples include knowledge, streetlights and light houses

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