Answer:
The correct option is (b)
Explanation:
Managerial accounting is for internal purpose for the managers for decision making. It is not mandatory as per GAAP, unlike financial accounting. Transactions are recorded as per the understanding of managers and not as per specific standards,
Managerial accounting focuses on data being relevant and not necessarily objective. Since, it caters to internal users, it is customized as per their requirement. Financial accounting, on the other hand needs to be highly objective as it caters to a wider audience who need transparent and reliable financial information.
Therefore, managerial accounting focuses on data relevance over data objectivity.
Answer:
60 Kits
Explanation:
Cost price (C) = $20/Kit
Yearly se (D) = 250 kit/year
Shipping cost / Ordering cost (Co) = $25
Holding cost (Ch) = $3.5/Kit-year
Economic order quantity = √2.D.Co / Ch
Economic order quantity = √2*250*25/3.5
Economic order quantity = √12500/3.5
Economic order quantity = √3571.4285
Economic order quantity = 59.7614305
Economic order quantity = 60 Kits
The answer to this question is the letter "E" which is the "anyone in the organization". Wiki is a blog or a website where anyone in the organization is allowed to access it to view and access materials and edit it. Hence, is a team uses wikis to collaborate on a report, the editing and updating of the report should be done by anyone in the organization.
Answer:
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Explanation:
