Explain the efficiency perspective and the opportunistic perspective of Positive Accounting Theory. Why is one considered to be ex post and the other ex-ante?

Q: What formula is used to determine net profit

A: Net profit is the actual income earned by an organization after paying all the expenses. It is…

Q: What are the Profit margins?

A: Answer: Profit margin represents a product, company or sector profitability. It nothing but the…

Q: Please explain the meaning of differential income.

A: Concept of differential is generally used when there are two or more alternatives to choose upon.…

Q: ered productively inefficient?

A: A choice is said to be productively inefficient when it is possible to produce higher units of…

Q: On May 1, B. Bangle opened Self-Wash Laundry. His accountant listed the following chart of accounts:…

A: A T-account records all the transactions related to a particular account. All the debit entries are…

Q: True or False Cost and managerial accounting are not the same things

A: Cost accounting is the process of accounting and controlling the cost of a product,operation or…

Q: Identify and explain the criticisms of using return on investment (ROI) as the onlyperformance…

A:

Q: Why would a company's ROA be positive and its ROE negative

A: ROA refers to return on assets. ROE refers to return on equity.

Q: networks? are these methods appropriate or possibly

A: As existing networks mature and change, new networks emerge, and value is demonstrated, social…

Q: Which of the following is NOT one of the limitations of Management Accounting? Select one: a. Lack…

A: Management accounting is one form or branch of accounting which says that management takes decisions…

Q: Revenue Recognization Question. What is the significant difference between the Contract-Based…

A: Revenue recognition is the accounting principle that outlines the conditions under which revenue…

Q: The internal rate of return (IRR), despite its shortcomings, can be a useful analysis tool for…

A: IRR is the required rate of return for the project to have zero Net Present value.

Q: What is management accounting?

A: Financial accounting: Financial accounting is different from managerial accounting. Financial…

Q: what is differrance between effectiveness an Efficiency

A:

Q: How do management accountants supportstrategic decisions?

A: Management Accounting: Management accounting is a branch of accounting that is aimed at providing…

Q: Which of the following is true about designing an accounting−based performance​ measure?   A.…

A: Performance measures in lots of businesses encompass both accounting-primarily based totally and…

Q: Can ownership structure affect earning management?

A: Corporate finance is referred as the decision of the firm to take capital investments and other…

Q: What is profit contribution

A: The profit is calculated as difference between total revenue earned and total expenses incurred.

Q: Non financial measures are related to elements of result control Select one: O a. Market condition O…

A: Non financial measures are helpful in providing information on a company's performance in non…

Q: standard setters?

A: Earnings management for contracting causes would be an interest in standard setters because of the…

Q: What exactly is management accounting, in your own words? What is the significance of management…

A: HERE IS ANSWER:

Q: What variable affecting gross profit should the manager focus his attention? Why?

A: Gross Profit is the profit arrived at by deducting cost of goods sold from the turnover or the…

Q: Why proponents of LIFO argue that it provides a better match of revenue and e expenses? In what…

A: Introduction:- FIFO and LIFO accounting are inventory management and financial accounting procedures…

Q: How cost accounting is useful where financial accounting could not be answered. Give any exampleto…

A: Accounting is primarily concerned with identifying, recording, measuring, summarizing transactions…

Q: responsibility centers have accountability for revenues

A: First option is wrong because although investment center has accountability for revenues, cost…

Q: Why is present value one of the most useful concepts in making business decisions?

A: Present value is a concept that assumes that a rate of return could be earned on the funds over the…

Q: - Grandpa duct development. an h v that Grandpa Jim's

A: In Resposibility Accounting various segments of a business are…

Q: What are opportunity costs? Explain why opportunity costs are not recorded in financial accounting…

A: The advantage that was forfeited by not selecting an option is known as the opportunity cost. The…

Q: What are some of the flaws of teaching accounting only as a skill?

A: Accounting can be defined as the process of recording, analyzing, reporting and summarizing the…

Q: With example, explain the difference between induced and indirect economic impact.

A: Answer:- Economic impact definition:- An economic impact study investigates the effects of a certain…

Q: Explain why there is a cost associated with retained earnings

A: Retained profits are the organization's undistributed accumulated profit. It is the profit after…

Q: Define the term Income Smoothing.

A: Income Smoothing: It is an accounting technique which is used to move revenues and expenses of one…

Q: In your own words what is management accounting? In your own words what the importance of management…

A: There are various branches of accounting and management accounting is one of them. It is as…

Q: What is the relationship between profit and ethics?

A: Every business entity who is operating whether it is manufacturing business or service company want…

Q: How do you solve the gross margin and Net income?

A: The income statement is one of the major financial statements prepared to outline and document the…