Management accounting is an area of accounting known for providing information to internal users.
<h3>What is management accounting?</h3>
Management Accounting is an area of accounting that refers to providing information to support internal management decisions. This accounting assist managers identify problem areas in budgeting and then develop a different plan to addressing those problems.
The role of management accounting includes:
- Monitoring costs
- Conduct audits
- Identify past trends and predict future needs.
Therefore, the area of accounting concerned with providing internal users with information is known as management accounting.
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Answer:
Statement of cash flows ending balance = $168,800
Explanation:
See the image to get the appropriate answer:
Grateful There is a way for you to become content, and that is first to become “content”
Answer:
c. might increase or decrease
Explanation:
Equilibrium price is the price at which quantity demanded equals quantity supplied in a competitive market.
Producer surplus is the excess of revenue realized from the sales of the equilibrium quantity at a price higher than the equilibrium price.
The producer surplus may increase or decrease. It may increase if the quantity demanded, do not decrease. It may decrease if the quantity demanded, decreases.
Answer: 1155
Explanation:
The solution guess thus to calculate the units in Ending Inventory:
Units of product on hand: 800 units
Add: Units in transit 180
Add: Units on consignment 200
Less: Damaged units 25
The number of units that Emma should include in her company’s period-end inventory will be:
= (800+180+200) - 25
= 1180 - 25
= 1155
