General Account Thevariance."department may be responsible to incur a "sales volumeA) MarketingB) ProductionC) PurchasingD) Personnel

Detailed explanation:The marketing department is primarily responsible for incurring a sales volume…

Answered: The variance." department may be…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter1: Accounting As A Tool For Managers

Section: Chapter Questions

Problem 7MC: Management accounting: emphasizes special-purpose information relates to the company as a whole is...

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Management accounting: emphasizes special-purpose information relates to the company as a whole is limited to strictly cost figures is controlled by GAAP
How you relate the differential cost with management of revenue in management accounting.
A responsibility center in which the department manager has responsibility for and authority over costs and revenues is called a(n) _____ center. a.investment b.cost c.profit d.volume
Managers in which of the following responsibility centers are held responsible forprofits? (You may select more than one answer.)a. Revenue centersb. Cost centersc. Profit centersd. Investment centers
A responsibility accounting system utilizes and assigns costs on the basis of their a. controllability b. variability c. timing of recognition d. traceability
Which of the following steps in the expenditure cycle would not appear as event entities in an REA diagram? Select one: a. Ordering b. Approve Supplier Invoices c. Cash Disbursements d. Receiving
choose right option. this is account questions
In a profit center, the manager has responsibility and authority for making decisions that affect a.assets b.investments c.long-term liabilities d.revenues
choose correct option
Which function is not contained in the management accounting department? a. Cost accountingb. Financial accountingc. Budgetingd. system studye, answer not given
(Management Accounting) A cost management system provides ________. A) measures of inventory value and cost of goods sold for financial reporting B) cost information for strategic management decisions C) cost information for operational control D) all of the above
Classify the following activities as per value chain analysis: 1.Communication, pricing and channel management 2.Installation, repairs & replacement 3.Planning and management 4.Infrastruacture of the company

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The variance." department may be responsible to incur a "sales volume A) Marketing B) Production C) Purchasing D) Personnel