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3 years ago

Indicate whether the following statements are true or false.

Business

1 answer:

dezoksy [38]3 years ago

7 0

Answer:

1. False,

2. False,

3. False,

4. True

Explanation:

1. Managerial accounting reports focuses on entire net profit and not specifically the manufacturing and non manufacturing cost, and are not specifically used in the budget process.

2. No financial accounting reports all the finance related issues in details but is not divided into sub units.

3. No managerial reports are not audited, they are for internal controls and are to follow GAAP but not mandatory requirement for audit.

4. Managers are responsible for the management of business, for this the main three steps are: Planning Directing and controlling.

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What would marginal analysis put an emphasis on?

DIA [1.3K]

The answer to this question is: additional costs and benefits.
 is an examination of the additional benefits that received from doing an activity compared to the cost that must be incurred in order to do that activity.
This analysis will help companies to determine what operations that they should maintain in the future in order to keep the profit margin of the company.

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3 years ago

If employees are to be empowered to truly make a difference, they must have the power to make _____ decisions.

solong [7]

Answer:

substantive.

Explanation:

Substantive decisions in a company are those that will directly influence organizational results.

In centralized organizations, decision-making processes are essentially taken at the top of the hierarchy, it is only the leader who makes important company decisions.

In a decentralized organization, however, there is greater flexibility, which consists of integrating the decision-making process at all hierarchical levels, as it is believed that there is a reduction in the response time of the decision, greater understanding of the problem by employees who are experiencing it and motivate them and increase their job satisfaction.

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3 years ago

*Will award Brainliest if right!*

Serhud [2]

Answer:

https://quiz let.co m/96700748/chapter-4-flash-cards/

Explanation:

Link above provides answers

( Don't copy paraprashe)

8 0

2 years ago

Read 2 more answers

Listed below are several transactions. For each transaction, indicate whether the ca financing, or noncash activity. Also, indic

mariarad [96]

Answer:

1. Operating and Cash outflow: Payment of employee salaries.

2. Investing and Cash inflow: Sale of land for cash. Investing

3. Operating and Cash outflow: Purchase of rent in advance.

4. Operating and Cash inflow: Collection of an account receivable.

5. Financing and Cash inflow: Issuance of common stock.

6. Operating and Cash outflow: Purchase of inventory

7. Investing and Cash inflow: Collection of notes receivable.

8. Operating and Cash outflow: Payment of income taxes.

9. Noncash activity, so no effect: Sale of equipment for a note receivable.

10. Financing and Cash inflow: Issuance of bonds.

11. Investing and Cash outflow: Loan to another firm.

12. Financing and Cash outflow: Payment of a long-term note payable.

13. Financing and Cash outflow: Purchase of treasury stock.

14. Operating and Cash outflow: Payment of an account payable.

15. Investing and Cash inflow: Sale of equipment for cash.

Explanation:

A statement of cash flow is a financial statement that gives the aggregate cash inflow and cash outflow in an organization during an accounting period. The three categories of statement of cash flows are investing activities, financing activities, and operating activities.

1. Investing activities are essentially the cash activities with respect to non-current assets such as sale of equipment for cash.

2. Financing activities refers to cash activities with respect to owners’ equity and non-current liabilities such as purchase of treasury stock.

3. Operating activities are mainly the cash activities with respect to net income such as payment of employee salaries.

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3 years ago

Why are professional associations interested in keeping professional standards high?

gavmur [86]

Answer:

A few dishonest professionals can hurt the entire profession.

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3 years ago