A(n _________________ changes basic inputs into products that are sold to customers.

The only skill required of managerial accountants is that they have a solid knowledge of both financial and managerial accountin

abruzzese [7]

Answer:

False

Explanation:

we could see the following difference between Managerial and Financial accounting

Managerial Accounting

Primary User: Internal
Purpose of Information: To help managers make decisions
Focus: Segments
Frequency: As needed
Auditing: Not subject to audit
Required: No
Time Frame Focused:Future

Managerial Accounting

Primary User: External
Purpose of Information: To help investor and creditor make decisions
Focus: Entire organization as a whole
Frequency: Quarterly and annually
Auditing: Publicly held companies are audited
Required: Required by GAAP, SEC, IRS, and others
Time Frame Focused: Past (historical transactions)

8 0

3 years ago

Each company must divide up the total market, choose the best segments, and design strategies for profitably serving chosen segm

Veseljchak [2.6K]

The correct choice from the given options is <u>"market targeting".</u>

When we have segmented the market, by isolating it up into little sections. Presently, we should focus on those segments we can serve most proficiently and successfully: Market Targeting. This is the second step of setting up a showcasing technique.

In surveying market segments, a firm ought to think about three factors. These are:

The segment size and growth

The segment structural attractiveness

The company objectives and resources.

With a specific end goal to assess segments, the organization needs to gather and break down significant information first. This information may incorporate data on current portion deals, development rates and foreseen profitability of segments.

3 0

3 years ago

A company's cash account shows an ending balance of $ 4 comma 000. reconciling items included a bookkeeper error of $ 70 (a $

AURORKA [14]

Maybe the adjusted book balance is $45 not sure

7 0

3 years ago

The three activities in an information system that produce the information organizations use to control operations are:

mixas84 [53]

Answer:

The three activities are; Input, Processing, and Output.

Explanation:

Input, processing, and output are the three activities in an information system that produce the information an organization needs. Input captures or collects raw data from within the organization or from its external environment.

Processing converts this raw input into a meaningful form.

Output transfers the processed information to the people who will use it or to the activities for which it will be used.

7 0

3 years ago

Read 2 more answers

Jones Company signed a 5-year note payable on January 1, 2019, of $100,000. The note requires annual principal payments each Dec

Diano4ka-milaya [45]

The entry to record the annual payment on December 31, 2020, by Jones Company is as follows:

Debit Note Payable $15,000

Debit Interest Expense $5,000

Credit Cash $20,000

<h3>How do you record annual payments?</h3>

Annual payments can be recorded by debiting the accounts that receive the value and crediting the account that gives value as above.

<h3>Data Analysis:</h3>

Note Payable = $100,000

Maturity period = 5 years

Date of Issuance = January 1, 2019

Principal repayment plus interest = December 31

Interest rate = 5%

Annual Interest in dollars = $5,000 ($100,000 x 5%)

Note Payable $15,000 Interest Expense $5,000 Cash $20,000

Thus, the entry to record the annual payment on December 31, 2020, by Jones Company is debits to Note Payable ($15,000) and Interest expense ($5,000), and a credit to Cash account ($20,000).

Learn more about recording annual payments at brainly.com/question/14290379

4 0

2 years ago