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Ann [662]
3 years ago
11

Managerial accounting is different from financial accounting in that:

Business
1 answer:
OlgaM077 [116]3 years ago
6 0

Managerial Accounting is different from Financial Accounting in that <em>c. Managerial accounting includes many projections and estimates whereas financial accounting has a minimum of predictions.</em>

The differences between Managerial Accounting and Financial Accounting do not arise because of Managerial accounting:

  • Focuses on the organization while financial accounting focuses on projects, etc.
  • Never includes non-monetary information; it includes non-monetary information than financial accounting
  • Used by investors, while financial accounting is used by creditors
  • Structured and controlled by GAAP.

Thus, the difference between the two is that Financial accounting is structured and controlled by GAAP and used by <em>investors and creditors</em>.  Managerial accounting is not structured by GAAP and is used by <em>management</em> in decision-making.

Learn more: brainly.com/question/13592085

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The term soft money refers to illegal contributions made to candidates from lobbyists attempting to gain access.a. True b. False
aksik [14]

Answer:

False

Explanation:

Soft money is a donation not directly given to a candidate but to a party to be used in National Committees, but not in a federal campaigners.

It is not so regulated as the Hard Money.

Since the Supreme Court has allowed this in 2014 after being banned by legislation in 2002 (<em>Bipartisan Campaign Reform Act</em>) it is not illegal. But it has some rules.

3 0
4 years ago
A commercial cleaning company spends an average of $500 per year, per customer, in supplies, wages, and account maintenance. An
VLD [36.1K]

Answer:

$1,250

Explanation:

The computation is shown below:

Customer life time value = Gross contribution margin × (yearly retention rate ÷ 1 + yearly discount rate - yearly retention rate)

= $500 × (0.8 ÷ 1 + 0.12 - 0.80)

= $400 ÷ 0.32

= $1,250

The gross contribution margin would be

= $1,000 - $500

= $500

hence, the estimate for the lifetime value os $1,250

5 0
3 years ago
Prokp Co.'s records for April disclosed the following data relating to direct labor: Actual labor cost (payroll) for April$35,00
Fittoniya [83]

Answer:

2,256 hours

Explanation:

The computation of the total standard direct labor hours allowed (SQ) for units produced is shown below;

As we know that

Labor rate variance = (Actual hours × Actual rate) - (Actual hours ×  Standard rate)

($5,000) = $35,000 - (2,500 ×  Standard rate)

2,500 ×  Standard rate = $40,000

Standard rate = $16

Now

Labor efficiency variance = (Actual hours ×  Standard rate) - (Standard hours ×  Standard rate)

$3,900 = (2,500 ×  $16) - (Standard hours ×  $16)

Standard hours ×  $16 = 36,100

Standard hours = 2,256.25

= 2,256 hours

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3 years ago
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Search engine marketing (SEM) is a form of Internet marketing that involves the promotion of websites by increasing their visibility in search engine results pages (SERPs) primarily through paid advertising.

They achieve this by finding the most relevant and popular keywords for the site and its products, and using those keywords on the site in a way that will generate and convert traffic.

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3 years ago
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