Classify the following activities as primarily managerlal accounting or financlal accounting: a Preparing a cash budget for the next quarter. b. Analyzing the profitability of a request from a potential customer. C Accumulating the transactions for the previous six months to prepare an income statement. d. Preparing a weekiy performance report for the branch manager. e Preparing an announcement to be released to the financial analysts.

Classify the following activities as primarily managerlal accounting or financlal accounting: a Preparing a cash budget for the next quarter. b. Analyzing the profitability of a request from a potential customer. C Accumulating the transactions for the previous six months to prepare an income statement. d. Preparing a weekiy performance report for the branch manager. e Preparing an announcement to be released to the financial analysts.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Classify the following activities as primarily managerlal accounting or financlal accounting:
a. Preparing a cash budget for the next quarter.
b. Analyzing the profitability of a request from a potential customer.
c. Accumulating the transactions for the previous six months to prepare an income statement.
d. Preparing a weekly performance report for the branch manager.
e. Preparing an announcement to be released to the financial analysts.

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