Ea5.
lo 1.3taylor speedy has prepared the following list of statements about managerial accounting, financial accounting, and the functions of management. identify each statement as true or false.

financial accounting centers on providing information to internal users.
staff positions are directly involved in the company’s primary revenue-generating activities.
preparation of budgets is part of financial accounting.
managerial accounting applies only to merchandising and manufacturing companies.
both managerial accounting and financial accounting deal with many of the same economic events.

Explanation:

1. Financial accounting centers on providing information to internal users.  False

2. Staff positions are directly involved in the company's primary revenue-generating activities.  True

3. Preparation of budgets is part of financial accounting.  False

4. Managerial accounting applies only to merchandising and manufacturing companies.  False

5. Both managerial accounting and financial accounting deal with many of the same economic events. True

idk

explanation:

hi : ) i found this so i hope this !

"we first find value of tax in dollars.

the difference between the two prices   is: 23. 54 - 22 = 1.54

therefore the sales tax in dollars is 1.54

the tax % will be   (amount of tax / original cost price ) × 100

(1.54 / 22) × 100  → (0.07) × 100 =   7

so the tax rate is 7%

we can double check the answer.

7 % of 22   → (7/100) × 22 → 0.07 × 22 = 1.54

22 + 1.54 = 23.54"