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
Ber [7]
3 years ago
15

One difference between financial and managerial accounting is that the external users that use financial information must plan a

company's future, but the internal users of managerial accounting information generally must decide whether to invest in or lend to a company.
a. True
b. False
Business
1 answer:
Anestetic [448]3 years ago
4 0

Answer:

False

Explanation:

The internal users of financial information are those people with an organisation that makes use of financial information.

they include :

  • The board of directors
  • Employees
  • Managers.

The external users of financial information are those who aren't within an organisation that makes use of financial information.

They include :

  • Investors
  • Lenders
  • Government
  • Regulatory bodies

External users of financial information use financial information in making decisions of whether to invest in or lend to a company

You might be interested in
The concept that consists of the distinct phases that a family progresses through from formation to retirement, each phase bring
suter [353]

Answer:

The correct answer is: family life cycle.

Explanation:

The family life cycle refers to the natural stages families go through over time. There is no set path these stages follow but the most common steps in the life cycle of a family are <em>leaving home -single young adults, joining families through partnership, families with young children, families with adolescents, launching children and moving on, </em>and <em>families in later life</em>.

5 0
3 years ago
Wildhorse Company follows the practice of pricing its inventory at LCNRV, on an individual-item basis. Item No. Quantity Cost pe
katovenus [111]

Answer:

Wildhorse Company

The amount of the inventory is:

= $30,496.

Explanation:

a) Data and Calculations:

Item No. Quantity    Cost per   Estimated   Cost to  NRV  LCNRV Inventory

                                   Unit      Selling Price     Sell                              Value

1320         1,400         $3.78       $5.31           $1.89   $3.42  $3.42    $4,788

1333          1,100            3.19         4.01              1.18      2.83    2.83        3,113

1426        1,000            5.31         5.90            1.65      4.25    4.25      4,250

1437        1,200            4.25         3.78            1.59      2.19     2.19      2,628

1510          900            2.66         3.84            1.65      2.19     2.19        1,971

1522         700            3.54         4.60           0.94      3.66    3.54       2,478

1573      3,200             2.12         2.95            1.42      1.53     1.53       4,896

1626      1,200            5.55         7.08             1.77      5.31     5.31       6,372

Inventory value =                                                                            $30,496

4 0
3 years ago
In the ____ stage of the adoption process, the consumer may buy the product to experiment with it in use. A. interest B. awarene
dedylja [7]

In the <u>trial</u> stage of the adoption process, the consumer may buy the product to experiment with it in use.

Explanation:

There are basically 5 different stages in the consumer adoption process.

1. Awareness: This first stage is concerned with the consumer being exposed to an innovation or product. Right now he does not have too much information about it, and may not even pay too much attention to it.

2. Interest and Information: It is at this second stage that the consumer wants to voluntarily know more about the said product. He starts collecting information about it from various sources.

3. Evaluation: In this third stage, once the consumer has accumulated all the information he can by means of various sources, he starts comparing the features and qualities of the new product with other already existing products.

4. Trial: After the first three stages, now the consumer is ready to try out the product for the first time. He may go ahead and purchase it, or if free samples are readily available, he may use those too.

5. Adoption: The fifth and last stage of the consumer adoption process is about the consumer purchasing the said product, after all the trials and evaluations.

4 0
3 years ago
Mixed-market economies have more private property, while command economies have more public property.
Ivenika [448]

Answer:

an economic system blending elements of market economies with elements of planned economies, free markets with state interventionism, or private enterprise with public enterprise.

Explanation:

HAHAHA

5 0
3 years ago
Record the following transactions of Fashion Park in a general journal. Fashion Park must charge 8 percent sales tax on all sale
skelet666 [1.2K]

Given :

Apr-02  :

Cash = 2700

Sales  = 2500

Sales Tax Payable  = 200  

Apr-03 :

Sales returns and allowances  = 250

Apr-04:

Accounts receivable  = 1134

Apr-06:

Sales returns and allowances  = 150

8 0
3 years ago
Other questions:
  • A primary role of​ ________ is to describe how choices are​ made, analyze the results of those​ choices, and advise on how bette
    11·1 answer
  • Q: What determines the balance of production and consumption?
    11·1 answer
  • Personal selling requires the ________ flow of communication between a buyer and a seller, often in a face-to-face encounter, de
    6·1 answer
  • Gilda is accused of conspiracy to defraud. She is given an opportunity to object to the charge before a judge. She is also given
    12·1 answer
  • A contract for sale of real estate usually calls for the seller to provide evidence of title as a requisite to completing the sa
    15·2 answers
  • Two athletes of equal ability are competing for a prize of $10,000. Each is deciding whether to take a dangerous performance-enh
    14·1 answer
  • How do banks make profits?
    11·2 answers
  • Can anyone help plz?
    14·1 answer
  • What are the typical fees banks charge?
    8·2 answers
  • 5)True or False: Offering sales discounts on credit sales can benefit a seller by decreasing the delay in
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!