The type of accounting information intended to satisfy the needs of external users of accounting information is the Financial accounting.
<h3>Financial accounting</h3>
Financial accounting is the field of accounting concerned with the summary, and reporting of transactions related to a business.
In comparison with other fields, Managerial accounting includes accounting of cost, and intended for the use of internal users of the business.
Tax accounting is specifically intended for tax.
Therefore, it is financial accounting that is intended to satisfy needs of external users in a business.
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Answer:
Predetermined manufacturing overhead rate= $2.15 per direct labor hour
Explanation:
Giving the following information:
It takes 80,900 direct labor hours to manufacture the X-1 and 93,500 direct labor hours to manufacture the X-2 Line.
Total overhead= 225,000 + 149,960= $374,960
To calculate the predetermined manufacturing overhead rate we need to use the following formula:
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= 374,960 / (80,900 + 93,500)
Predetermined manufacturing overhead rate= $2.15 per direct labor hour
Answer:
increase spending
Explanation:
In order to try to rebound the economy the FED has three options:
- Carry on an expansionary monetary policy which increases the money supply and decreases interest rates, which should increase aggregate demand.
- Increase government spending, which should increase total aggregate demand.
- Decrease taxes, which would increase the amount of disposable income held by consumers and businesses, which should also increase aggregate demand.
The problem is that nothing is free; an expansionary monetary policy increase the inflation rate, an increase in government spending and a decrease in taxes increases the government deficit and national debt (and the interests paid on them).
Answer:
Explanation: do you have the answer now?
It is more important to understand the personality of a manager than to understand the personality of an employee because the actions of a manager impact the behavior and outcomes of many people.
<h3><u>
What is the role of a manager?</u></h3>
- Most frequently, managers are in charge of a specific job function or division inside the company.
- A manager either directly leads his or her team in accounting, marketing, sales, customer support, engineering, quality, and all other groups, or they are in charge of a group of supervisors that manage the teams of employees. Title hierarchies are found in organizations.
- Each of these individuals carries out distinct and crucial tasks that allow the business to run, fulfill its duties, and generate a profit.
- Particularly in smaller firms, a manager may have the authority to recruit, fire, reprimand, or promote employees with the help of the human resources team.
In larger organizations, a manager may only suggest such a course of action to the level above them. In both large and small businesses, the manager has the power to modify the tasks that team members are assigned to do.
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