Management accounting:
A) focuses on measuring,analyzing,and reporting financial and nonfinancial information to help managers estimate future revenue,costs,and other measures to forecast activities and formulate strategies to increase the competitive advantage of the organization.
B) financial-information purpose is to communicate organization's financial position to investors,banks,regulators,and suppliers.
C) focus and emphasis is on past-oriented reports.
D) rules of measurement reporting require financial statements to be prepared in accordance of GAAP.
E) behavioral information primarily reports economic events,but also influences behavior because manager's compensation is often based on reported financial data.
Correct Answer:
Verified
Q11: An Enterprise Resource Planning (ERP)system is:
A)a cost-management
Q12: Financial accounting reports financial information to internal
Q13: Strategic cost management describes cost management that:
A)is
Q14: Which of the following statements concerning an
Q15: There is no difference in the goals
Q17: The managers at Apple are successful because
Q18: Discuss the major differences between management accounting
Q19: _ _ measures,analyzes and reports financial information
Q20: Management accountants work closely with other managers
Q21: A _ is used to specify how
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