Indicate whether each of the following characteristics

Assignment Help Accounting Basics
Reference no: EM13972103

Managerial Accounting versus Financial Accounting

Indicate whether each of the following characteristics relates to managerial accounting (MA) or financial accounting (FA):

a. Forward looking
b. Publicly reported
c. Complies with accounting standards
d. Usually confidential
e. Reports past performance
f. Uses physical measures as well as monetary ones for reports
g. Driven by user needs
h. Focuses on business decision making 

Reference no: EM13972103

Questions Cloud

We know that the default free rate and stock market : We have the Washington firm on which we have the following information. Its bheta unlevered is 3, its D/E is 4/1, and its tax rate is .3. Additionally we know that the default free rate is 5% and the stock market has returned 11 % over a long period ..
Types of life insurance has an investment component : Which of the following types of life insurance has an investment component?
Compute the levered bheta : We have the Washington firm on which we have the following information. Its bheta unlevered is 3, its D/E is 4/1, and its tax rate is .3. Additionally we know that the default free rate is 5% and the stock market has returned 11 % over a long period ..
Calculate the percentage both as percentage of selling price : A clothing retailer purchased a line of fall leather coats which were priced to sell at $600 each. This price reflected a markup of 45% on the selling price. At the end of the season the retailer had three coats left, which were marked down to 25% an..
Indicate whether each of the following characteristics : Managerial Accounting versus Financial Accounting. Indicate whether each of the following characteristics relates to managerial accounting (MA) or financial accounting (FA):
Responding to ordinary supply and demand factors : Every time gas prices go up charges fly back and forth in the news about whose fault it is. Some say the oil companies are getting rich off the backs of the rest of us and cite Exxon-Mobil’s record profits to prove it, but others say they are just re..
Method for analyzing risk in capital budgeting : Which of the following is not discussed in the text as a method for analyzing risk in capital budgeting?
What circumstances would duration equal maturity : We have the Goncalves par bond paying a coupon rate of 8% and having a maturity of 20 years. If the coupon rate of Goncalves were to alter to 4%, what would the new duration be? What is the meaning of duration? Under what circumstances would duration..
How would you describe the work of robert rauschenberg : How would you describe the work of Robert Rauschenberg? How is it different from what had come before? Why did Rauschenberg create his art with this approach

Reviews

Write a Review

Accounting Basics Questions & Answers

  Highly automated flexible manufacturing facility

A corporation operates a highly automated flexible manufacturing facility. The capital-intensive nature of the corporation's operations makes internal control over the acquisition and use of fixed assets important management objectives.

  Compute the unit costs for materials and conversion costs

goode company has the following production data for selected months.ending work in process monthbeginning work in

  The working capital will be released at the end of the 10

ignore income taxes in this problem.axillar beauty products corporation is considering the production of a new

  Determine the unrealized holding gain or loss on the note

Shonen Knife Corporation has elected to use the fair value option for one of its notes payable. The note was issued at an effective rate of 11% and has a carrying value of $16,000. At year-end, Shonen Knife's borrowing rate has declined; the fair ..

  X company uses a fifo inventory system the actual cost of

x company uses a fifo inventory system. the actual cost of direct materials and direct labor is used to value labor and

  Prepare the adjusting entries on january 31 account titles

prepare the adjusting entries on january 31. account titles are accumulated depreciationu2014 equipment depreciation

  Compute the equivalent units of production for october

lindex company uses a process costing system. the following data are available for one department for october percent

  Exchange of common stock a building

Why are noncash transactions, such as the exchange of common stock a building, included on a statement of cash flows? How are these noncash transactions disclosed?

  Foam pet mattress company can sell as many pet bed models a

foam pet mattress company can sell as many pet bed models a and b that it can produce but the company has limited

  How much is the cost per machine

Beginning work in process totaled $15,000, and the ending balance is $9,000. During the year, the company completed 40 machines. How much is the cost per machine?

  Determining predetermined overhead-overhead applied

Snapper Corp. computes its predetermined overhead rate annually on the basis of direct-labor hours. At the beginning of the year it estimated that its total manufacturing overhead would be $240,000 and the total direct labor hours (dlh) would be 6..

  The sales manager of the walbrook company receives an

the sales manager of the walbrook company receives an annual bonus of 10 of net income after bonus and before income

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd