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densk [106]
3 years ago
5

Providing an analysis for a company regarding adding a particular product line, retracting sales markets, or dealing with risks

or opportunities are some of the responsibilities of managerial accountants.
True
False
Business
1 answer:
strojnjashka [21]3 years ago
6 0

Answer:

The correct answer is True.

Explanation:

The managerial accountant has to become a key pillar in the correct measurement of business performance, in the decision making of senior management and in the development of company strategies, to help it, not only to survive but to generate competitive advantages, in a globalized business world, increasingly growing and hostile.

Because, in addition to being a function of extreme importance, for any business organization, it faces tremendous challenges, such as technological changes and the intensification of international competition. Business leaders and executives are currently in the process of looking for new ways to manage and run their companies. However, it is not only the magnitude of the changes, which causes problems for organizations, but the increasing speed with which they are going.

In fact, Management Accounting systems emerged to provide information, support management and control of companies, and to promote efficiency in the organization.

------

NOTE: If you need to extend the explanation given, you can make a comment or add a new question. I will be very pleased to help you.

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You are currently earning 12% (APR) compounded semiannually. Your investment company is switching all accounts to daily compound
Sav [38]

Answer:

The rate that will give the same effective annual rate of return is 0.033%.

Explanation:

a) Data and Calculations:

APR = 12%

Semi-annual compound rate = 6% (12/2)

Assumed calendar days in a year = 360 days

Effective daily rate of return = 12%/360 = 0.033%

b) The conversion of semi-annual compounding to daily compounding results in reduced rate of return.  In this case, we assume that there are 360 days in a year.  Since the APR = 12%, it means that the daily rate of return will be 12%/360, which is 0.033%.

6 0
3 years ago
I contract with you to buy your desk for $100. Is this an example of common law or UCC?
Airida [17]
Its an example of UCC
6 0
2 years ago
What are three strategies that you can use to make better financial decisions?
Pachacha [2.7K]
Budgeting, and Putting money in the bank.
5 0
3 years ago
On January 1, 2017, Burke Corporation signed a 5-year noncancelable lease for a machine. The terms of the lease called for Burke
SOVA2 [1]

Answer:

<em>Operating Lease</em>

<em />

Explanation:

5years / 6 years = 83.33% above 75% of the useful life

the ownership reverts at the end of the lease

the lessor has risk considering the residual value is not guaranteed

We aren't given with information about the asset value to check if it is paying the entire value of the asset.

But for the information given we can conclude it is an operating lease.

6 0
3 years ago
The primary goal of managerial accounting is to provide information to A. internal decisionminusmakers. B. creditors. C. shareho
mylen [45]

Answer:

A. internal decision makers

Explanation:

Managerial accounting is a form of accounting the identification, analysis and interpretation of an entity's information for the pursuance of its set goals and objective by internal users such as Managers.

The information presented by managerial accounting is used by management in making key business decisions.

Elements of managerial accounting includes budgeting and forecasting which differs from financial accounting uses historical data and is meant majorly for external users such as creditors and shareholders.

Hence the primary goal of managerial accounting is to provide information to internal decision makers.

4 0
3 years ago
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