FINANCIAL & MANAGERIAL ACCOUNTING (ACCES
FINANCIAL & MANAGERIAL ACCOUNTING (ACCES
9th Edition
ISBN: 9781265484040
Author: Wild
Publisher: MCG
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Chapter 14, Problem 1E

Exercise 14-1 Sources of accounting information C1

Indicate in the following chart the most likely source of information for each business. Use M for managerial accounting information and F for financial accounting information

    Business Decision Primary information Source
    Determine whether to lend to a company……………………
    Evaluate a purchasing department’s performance……………..
    Report financial performance to board of directors………………..
    Estimate product cost for a new line of shoes………………….
    Plan the budget for next quarter…………….
    Measure profitability of an individual store…………………
    Prepare financial reports according to GAAP…………………
    Determine location and size for a new plant…………………….

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29 To analyse the employee growth and turnover which perceptive of balanced scorecard should be applied by the company. a. Internal business processes b. learning and growth perceptive c. Customers perceptive d. Financial perceptive
Question 19 Compared to managerial accounting information, financial accounting information tends to be more: I. Objective. II. Detailed. III. Future oriented. O I only. Both I and II. O II only. III only.
1.
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