1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Blizzard [7]
3 years ago
11

Management accounting is accounting for effective management. Explain this statement.​

Business
1 answer:
Marianna [84]3 years ago
4 0

Explanation:

Management is the process of organizing, commanding, coordinating and controlling administrative resources. When we talk about management accounting, we relate to a company's financial resources, which are essential for profitability, payments, investments, etc., that is, so that the business can flow effectively.

Therefore, it is correct to say that managerial accounting is the accounting for effective management because accounting is an instrument of control and management for organizing financial accounts and indexes, these being essential instruments in helping to better decision making in a period of time, giving subsidies for managers to adapt and anticipate negative financial situations for example.

You might be interested in
Demand for workers in some industry declines. These workers are reluctant to have a cut in their nominal wage. However, a. infla
djverab [1.8K]

Answer:

d. inflation will reduce their real wage and so decrease the number of available workers.

Explanation:

In the case when the demand for workers in some industries declines and they have to cut in nominal wages, so there would be increase in the wage bill of the industry because of this the price of the products will increased that also increase the inflation.

In the case when the inflation is rise, the real wage would fall as there would be declining in the purchasing power of money

So, the option d is correct

4 0
3 years ago
Which business model seeks to reduce distribution expenses?
beks73 [17]

It is "cutting out the middleman", which  seeks to reduce distribution expenses.

By avoiding the middleman, i.e. offering straightforwardly to you, the maker can list that equivalent item for, say $75 which because of a broker or retailer rises to at least 100 $, which it to appear is a lot of difference to the buyer, while in the meantime giving them significantly more benefit than they'd make selling to a store.

4 0
4 years ago
Magical Productions is a large production company that controls a major portion of the television industry's market share along
Daniel [21]

Answer: Oligopolistic

Explanation:  

 The oligopolistic industry is one of the type of market structure where the small industries or the companies are compete with each other and earning the various types of economical profits.

The main purpose of this type of industry is that it help[s in reducing the competition in the market and also control the market share function.  

According to the given scenario, the magical production is one of the type of large production organization and this company perform various types of functioning in the Oligopolistic industry.  

 Therefore, Oligopolistic is the correct answer.

3 0
3 years ago
A leadership style that leans toward participative management is more likely to be found acceptable by the majority of today’s w
Nataly [62]

Answer:

true

Explanation:

Our western civilization is leaning towards empowering people, specially women and minorities. Men and women are considered equal, and neither of them will accept an authoritarian leader.

Authoritarian leaders are self centered and try to focus everything on them. They don't like to accept suggestions or ideas from their subordinates and dislike creativity. Even benevolent autocratic behavior is bad, it is less bad than other types of autocrats, but still bad. Benevolent autocrats try to inspire and guide their subordinates, of course, all under his/her wing.

On the other hand, a democratic leadership style that fosters employee participation in the decision making processes is easily accepted by most employees nowadays. In our western culture, we believe in democracy and any gain made that increases our rights and well beings in our work, school, or society in general is considered positive. While any behavior that goes against our rights or democratic beliefs will be disliked.

4 0
4 years ago
How can the US of new technology in industry benefit workers
gogolik [260]

Answer:

not just pay them they can award them with extra credit?

Explanation:

4 0
3 years ago
Other questions:
  • Of the measures of feasibility, _____ assesses tangible and intangible benefits to a company in addition to costs.?
    15·1 answer
  • Dividends are paid on all shares issued by the company including treasury stock.
    5·1 answer
  • An economy that has government collecting taxes and making regulations is called a
    15·1 answer
  • Two towns, each with three members, are deciding whether to put on a fireworks display to celebrate the New Year. Fireworks cost
    15·1 answer
  • Colombia has an absolute advantage in producing coffee relative to the United States.
    5·1 answer
  • You start your own business on 1/1/2015. during the year 2015, your sales revenues are $200,000. you pay your assistant $50,000
    14·1 answer
  • Great Lakes Packing has two bond issues outstanding. The first issue has a coupon rate of 3.82 percent, a par value of $2,000 pe
    12·1 answer
  • Instructions 1. Journalize the six adjusting entries required at November 30, based on the data presented. What would be the eff
    14·1 answer
  • From a semiotic​ perspective, every marketing message has three basic​ components: an​ object, a​ symbol, and​ a(n) ________.
    13·1 answer
  • The right to receive an impartial review of one's complaints and to be dealt with fairly is known as:_________.
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!