In conducting horizontal analysis, it is important to focus attention on the changes in
a. the composition of the statements.
b. dollar amounts and their percentages.
c. dollar amounts.
d. percentages.
B
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Explain how and why marketers go beyond selling a product or service to create brand experiences
What will be an ideal response?
Which of the following statements is(are) false?(A) Operations costing accounts for material costs like job costing and conversion costs like process costing.(B) An automobile manufacturer is more likely to use an operations costing system than a process costing system.
A. Only A is false. B. Only B is false. C. Both of these are false. D. Neither of these is false.
Which of the following is an advantage of using standard costs and variances?
a) Standard costs are benchmarks that managers use to judge actual costs. b) Maintaining updated standards is inexpensive. c) The timeliness that occur when computing standards monthly. d) Price and efficiency variances motivate front-line employees more than operational performance measures.
Which of the following users would rely on managerial accounting information for decision-making purposes?
A) potential investors B) creditors C) customers D) company managers