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a managerial accounting strategy focusing mainly on maintaining efficient levels of both components of working capital that is current assets
how do you compare two companies operating leverage? must the sales volume be set the same or the net operating
scorecardthe traditional approach to the monitoring organizational performance has focused on the financial measures and the outcomes. increasingly
monitorlets start by having you think about the controlling your car aka driving your steering acceleration and braking are not the random things to
budgetsan essential planning component is budgeting. budgets sketch the financial plans for an organization. there are number of budget
strategya business characteristically invests considerable time and money in developing or creating its strategy. employees harried with day-to-day
planning directing and controllinga clever sign hanging on the wall of a business establishment the managers are paid to manage the work-- if there
managerial accountingbefore going to managerial accounting let us discuss a bit about financial accounting. financial accounting is concerned with
activity based costing abc differs from absorption costing ac in the manner in which overheads are charged to units.abc charges overheads to units
how costs behave as the level of activityvolume changes. why an understanding of cost behaviour is important ?typesvariable e.g. petrol direct
difference between managerial accounting and financial accounting are mentioned belowaudience ndash internal vs externalformat of reporting ndash
define role of management accountantthe main role of management accountant is defined below.planner e.g. budgetinginformation provider e.g.
kibble company had the following functional income statement for the month of july 2011 kibble company functional income statement for
weldon industrial gas corporation supplies acetylene and other compressed gases to industry. data regarding the store3939s operations
The town issued a purchase order for the acquisition of both trucks for a total ofr $480,000 on Feb 1 year 1 and accepted delivery of one of the trucks, valued at $280.000 on March 31, year 1. as a
Select a local hospital and compare its financial ratios for the most recent three years against the national norms for that type of institution. Prepare analytical comments and how the organization
Megan Brink is offered the possibility of investing $6,651 today at 6% interest per year in a desire to accumulate $10,000. How many years must Brink wait to accumulate $10,000?
A parcel of land is offered for sale at $148,000, is assessed for tax purposes at $110,000, is recognized by its purchasers as being worth $138,000, and is purchased for $135,000. The land should be
Anna and Jorge Peleo are in the middle of a bitter divorce. Anna's attorney called Sam Blakely, a forensic accountant, because he suspected that Jorge was hiding assets from the divorce. Anna claime
1) What is the purpose of the "Accumulated Adjustments Account (AAA)? What types of items increase it or decrease it?
The city of ocean oaks estimates that five percent of its property tax revenues are uncollectible. the city typically levies and collects all taxes within the year that the tax revenue is intended t
Gomez Company had a gross profit of $360,000, total purchases of $420,000, and an ending inventory of $240,000 in its first year of operations as a retailer. Gomez's sales in its first year must hav
To what extent is it reasonable to view the auditor as a guarantor? Explain. To what extent do you believe that user expectations of the public accounting profession appear to be unwarranted? Explai
The board of directors declared and paid a $2,000 dividend in 2009. In 2010, $12,000 of dividends are declared and paid. What are the dividends received by the common stockholders in 2010?
The accounts payable account has a beginning balance of $12,000 and we purchased $50,000 of inventory on credit during the month. The ending balance was $10,000. How much did we pay our creditors du