Solution-Identifying financial versus managerial accounting

Identifying financial versus managerial accounting items

Assignment Help Managerial Accounting

Reference no: EM13510103

Identifying financial versus managerial accounting items

Required

Indicate whether each of the following items is representative of managerial or of financial accounting.

a. Information includes economic and nonfinancial data as well as financial data.

b. Information is global and pertains to the company as a whole.

c. Information is provided to insiders including executives, managers, and operators.

d. Information is factual and is characterized by objectivity, reliability, consistency, and accuracy.

e. Information is reported continuously and has a current or future orientation.

f. Information is provided to outsiders including investors, creditors, government agencies, analysts, and reporters.

g. Information is regulated by the SEC, FASB, and other sources of GAAP.

h. Information is based on estimates that are bounded by relevance and timeliness.

i. Information is historically based and usually reported annually.

j. Information is local and pertains to subunits of the organization.

Reference no: EM13510103

Questions Cloud

Find the work done by the system of gasoline vapor : In a certain automobile engine with an efficiency of 20.9%, combustion of gasoline in one cylinder releases 510 J of heat. Find the work done by the system of gasoline vapor

Identify product versus general and administrative costs : Indicate whether each of the following costs should be classified as a product cost or as a general, selling, and administrative cost.

Hr strategy you would implement to overcome the challenges : HR strategy you would implement to overcome the challenges assessed.

Calculate the current in the tube : A potential difference is applied between the electrodes in a gas discharge tube. What is the current in the tube

Identifying financial versus managerial accounting items : Indicate whether each of the following items is representative of managerial or of financial accounting.

Find the charge on the plates after the glass is removed : A parallel plate capacitor of capacitance 7.6 µF has the space between the plates filled with a slab of glass with ? = 3.2. Find the charge on the plates after the glass is removed

Are training and development the same : Are training and development the same? Why would you use one over the other? Explain in minimum of 350 words

Female leaders made greater progress towards womens equality : Had Hillary Clinton been elected as the United States president in 2008, how much of an effect do you think that would have had on women's rights and opportunities in this country? Have other countries with female leaders made greater progress toward..

Find the rate at which heat is conducted through the glass : On a cold night the temperatures of the two surfaces of a glass windowpane in a house are 7.8° C on the outer surface, Find the rate at which heat is conducted through the glass per square meter of window area

User Account

All Pages

Identifying financial versus managerial accounting items

Reference no: EM13510103

Reference no: EM13510103

Questions Cloud

Reviews

Write a Review

Managerial Accounting Questions & Answers

Manage budgets and financial plans

Prepare a retained earnings statement

Prepare a master budget for the three-month period

Construct the companys direct labor budget

Evaluate the predetermined overhead rate

Determine the company''s bid

Compute the pool rates for the different activities

Prepare Company financial statements

Prepare an analysis of terracycles

Discuss the ethical issues

Political resources in emerging markets

Management accounting - ehsan electronics company

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT