All of the following entities would have a need for managerial accounting information except: the state of Michigan. an Internet provider a retail clothing outlet a bookkeeping service None of these responses is correct, as all of these entities would use managerial accounting information

Q: Managerial accounting a. is primarily for external users. b. has no mandatory rules. c, provides…

A: Managerial accounting is focused on providing information to managers.   This helps the managers in…

Q: Objective Type Question: Which of the following is NOT one of the stages outlining management…

A: The answer is:D) Human Resource ManagementExplanation: While management accountants may interact…

Q: Many companies have a staff of full-time managerial accountants.  Other companies prefer to…

A: Outsourcing of AccountingFunction means assigning accounting functions to a third party who records,…

Q: Largo Company is an engineering consulting business that uses the accrual method of accounting for…

A: UNICAP Rules : As per UNICAP rules a taxpayer needs to capitalise direct cost and a major portion of…

Q: Managerial accounting: A.Is based on GAAP B.Includes only financial measure C.Is designed for…

A: Managerial accounting is primarily concerned with assessing the internal requirements of firms and…

Q: When a company converts from one accounting information system to the other, many areas within the…

A: In order to survive in the competitive environment for a longer time period, the business entities…

Q: How do the content of reports and the verification of reports differ between managerial and…

A: The content of reports and the verification process in managerial and financial accounting differ in…

Q: What should a general manager know when working in companies in other countries?

A: The experience of living and working in another country would contribute to the skills and…

Q: What are two common entry-level accounting software systems used by small businesses?

A: Entry-level software Entry-level software is computerized accounting software that helps the…

Q: Which of the following are characteristics of management accounting information?  a) Unregulated…

A: Answer -    The following are characteristics of management accounting information-  verifiability,…

Q: A structured job analysis questionnaire that uses a checklist approach to identify job elements is…

A: Questionnaire are prepared for analysis, It can be of many types like open ended questions, Multiple…

Q: Discussion points: As a plant employee, what is your responsibility to report your findings to…

A: ANSWER:-   1) As a plant employee, I should care about the profitability of the plant.Therefore, it…

Q: 1. A company's accounting information system (AIS) plays an important role in the conversion cycle.…

A: AIS stands for Accounting Information System. An AIS is a systematic and structured framework that…

Q: Practice: part 1: Define two things that use “EU” as their abbreviations, one of which must be in…

A: Accounting is a process where all the transactions of a business is recorded in books of accounts,…

Q: Management accounting and financial accounting differ in that management accounting information is…

A: Management accounting and financial accounting are very much similar and differ mainly in two…

Q: Which of the following are characteristics of management accounting information?

A: Statement 1: Non-financial as well as financialThis means that control accounting information…

Q: A central issue in reporting on industry segments of a business enterprise is the determination of…

A: Segment Reporting Generally given as disclosure in the financial statements. Reporting in financial…

Q: An SDS may have been prepared using a computer database. SDSS are often general to serve those in…

A: The quality of an SDS depends on several factors. Select all that apply are :   An SDS may have been…

Q: Managerial accounting is different from financial accounting in that

A: Managerial accounting is the branch of accounting which deals with the forecasting, predictions or…

Q: Select all that apply Identify the broad opportunity areas of accounting. (Check all that apply.)…

A: A. TaxationReason: Taxation accounting involves understanding and navigating the complex landscape…

Q: Why should management explain poor performance in technical accounting terms? Only typed solution

A: The objective of the question is to understand the importance of explaining poor performance in…