Question:
Which of the following management responsibilities is the managerial accountant using in this example?
Answer:
Planning, which includes setting goals and objectives for the organization as well as determining how to accomplish those goals.
Answer:
B) 2
Explanation:
$8,000 divided by 20 is 400, $400 divided by $200 is 2 courses per employee.
Answer: OPTION C
Explanation The answer to this question is cash payback and average rate of return method.
Capital rationing is the method used by companies to effectively allocate the limited funds a company has on alternative funds.
Under payback period method the company evaluates how much time will it take a project to recover its initial cost and as per average rate of return method the company evaluates the return generated from the net income, it does not take into consideration the time value of money.
