Business, 06.03.2020 08:01 desikayla2013
Required: Indicate whether each of the following is representative of managerial or of financial accounting:
1. Information is factual and is characterized by objectivity, reliability, consistency, and accuracy.
2. Information is reported continuously and has a current or future orientation. 3. Information is provided to outsiders, including investors, creditors, government agencies, analysts, and reporters.
4. Information is regulated by the SEC, FASB, and other sources of GAAP. Information is based on estimates that are bounded by relevance and timeliness.
5. Information is historically based and usually reported annually.
6. Information is local and pertains to subunits of the organization.
7. Information includes economic and nonfinancial data as well as financial data.
8. Information is global and pertains to the company as a whole.
Answers: 1
Business, 21.06.2019 23:30
San ruiz interiors provides design services to residential and commercial clients. the residential services produce a contribution margin of $450,000 and have traceable fixed operating costs of $480,000. management is studying whether to drop the residential operation. if closed, the fixed operating costs will fall by $370,000 and san ruiz’ income will
Answers: 3
Business, 22.06.2019 09:30
Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countries have no influence on the financial status of individuals. question 1 options: true false
Answers: 1
Business, 22.06.2019 10:30
How are interest rates calculated by financial institutions? financial institutions generally calculate interest as (1) interest or (.
Answers: 1
Business, 22.06.2019 11:30
1. regarding general guidelines for the preparation of successful soups, which of the following statements is true? a. thick soups made with starchy vegetables may thin during storage. b. soups should be seasoned throughout the cooking process. c. finish a cream soup well before serving it to moderate the flavor. d. consommés take quite a long time to cool. student c incorrect
Answers: 2
Required: Indicate whether each of the following is representative of managerial or of financial acc...
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