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Sloan [31]
3 years ago
9

Flexibility of practice when applied to managerial accounting means that: Multiple Choice The information must be presented in e

lectronic format so that it is easily changed. Managers must be willing to accept the information as the accountants present it to them, rather than in the format they ask for. Managerial accountants must be on call twenty-four hours a day. Managerial accounting systems differ across companies depending on the nature of the business and the arrangement of its internal operations. Managers must be flexible with information provided in varying forms and using inconsistent measures
Business
1 answer:
vladimir2022 [97]3 years ago
7 0

Answer:

Managerial accounting systems differ across companies depending on the nature of the business and the arrangement of its internal operations.

Explanation:

Managerial accounting also known as cost accounting is an accounting technique focused on identification, measurement, analyzing, interpretation, and communication of financial information to managers for better decisions making and pursuit of the organization's goals.

Flexibility of practice when applied to managerial accounting means that managerial accounting systems differ across companies depending on the nature of the business and the arrangement of its internal operations.

This ultimately implies that, managerial accounting is specific to a particular business organization i.e the managerial accounting model used by a company would be different from the one used by another.

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The Brights are buying a home from the Stones. They are splitting the escrow service fees 50-50. Do they live in Northern or Sou
aliya0001 [1]

They live in Southern California.

In Northern California the buyer usually pays the escrow service fees.

Explanation:

As a rule, escrow services price between 1 and 2 percent of a house price for property transactions. In certain cases, the escrow fees may be calculated at $2 per mil of buy price plus $250, depending on the firm.

Similarly, who ends up paying the insurance in California varies depending on the county in which your property is located. The buyer occasionally pays, the vendor sometimes pays. This can be divided 50/50 in other instances. The policy applies to the buyer, how often the retailer pays for it or not.

Sellers have to pay the documents transfer tax at the closing of the escrow in Northern California. The payment is valued at $1.10 per selling price of 1000 dollars. The seller's side of the escrow also includes recording charges, liability, and appraisals.

6 0
4 years ago
A make-to-order operation would be primarily concerned with:
Butoxors [25]
I would say that such an operation would be primarily concerned with making things say clothes according to the wishes of the client and its success would depend on how closely the product matched the desires of the client and satisfied their needs.
4 0
3 years ago
Read 2 more answers
The price elasticity of a good will tend to be larger:a)the longer the relevant time period. b)the fewer number of substitute go
Butoxors [25]

The price elasticity of a good will tend to be larger if the fewer number of substitute goods will be  available.

The cross elasticity of demand for substitute goods is always positive because the demand of one good increases at the time when the price for the substitute good increases however the cross elasticity of demand for complementary goods is always negative.

For example, if the price of coffee rises, the quantity demanded for tea which is the best  substitute of coffee beverage will increase as consumers will switch to a less expensive but the  substitutable alternative.

This is reflected in the cross elasticity of the demand formula, as both the numerator  which is the percentage change in the demand of tea and denominator which is the price of coffee  shows a positive increase.

To know more about price elasticity of demand here:

brainly.com/question/13565779

#SPJ4

7 0
2 years ago
Brenda owns a construction company that employs bricklayers and other skilled tradesmen. Her firm’s MRP for bricklayers is $22.2
VashaNatasha [74]

Answer:

A) Eight

Explanation:

Since Brenda is a price taker, she will be able to hire bricklayers as long as her marginal revenue product (MRP) is higher than her marginal cost of hiring another bricklayer.

A bricklayer's wage per hour is $18.00:

  • the first seven bricklayers provide a MRP of $22.25 which is larger than $18.00
  • the eighth bricklayer provides a MRP of $18.50 which is still larger than $18.00
  • but the ninth bricklayer provides a MRP of $17.75 which is lower than $18.00, so she shouldn't hire the ninth bricklayer.
7 0
3 years ago
Rudy and his publisher require Katherine's expertise in writing a chapter of a book that will be published under Rudy's name. Th
Setler [38]

Answer:

The correct answer is A

Explanation:

Delegation is the term in accounting which is defined as the assignment of authority to some another person in order to carry out the particular activities. And the person or individual who delegate the work will remain accountable or responsible for the outcome or result of the work which is delegated.

So, in this case, Ruby need expertise of Katherine in writing a chapter and they signed a contract for the same but if Katherine delegates the work to Dana, then the delegation would not so effective as the duty involve the personal services.

3 0
3 years ago
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