Which of the following is a difference between managerial and financial accounting?
A) Managerial accounting reports non-monetary information whereas financial accounting reports both monetary and non-monetary information.
B) Managerial accounting is used by government authorities whereas financial accounting is used by stockholders.
C) Managerial accounting prepares reports monthly whereas financial accounting prepares reports annually.
D) Managerial information is confidential whereas financial accounting information is publicly available.
D
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A question that gives the respondent a clue as to what the answer should be is called a leading question
Indicate whether the statement is true or false
Purchaser Corporation acquires 30% of the outstanding voting common shares of the Investee Corporation for $600,000 . Purchaser Corporation acquires the investment in Investee Corporation by buying previously issued shares of Investee Corporation from other investors. Which of the following is/are true?
a. On the balance sheet, an investment accounted for with the equity method appears among noncurrent assets. b. On the balance sheet, the amount shown generally equals the acquisition cost of the shares, plus Purchaser Corporation's share of Investee Corporation's undistributed earnings (or losses) since the date Purchaser Corporation acquired the shares, plus or minus amortization of any excess cost at the date of acquisition attributable to assets with limited lives. c. On the income statement, Purchaser Corporation reports each period its share of Investee Corporation's income (or loss) as revenue (or expense), as well as any amortization of excess cost. d. Purchaser Corporation also recognizes its share of the investee's other comprehensive income. e. all of the above
Why is it dangerous for marketers to set unrealistically high consumer expectations?
What will be an ideal response?
A pull system is developed to provide which of the following?
A) to provide only what is needed and when it is needed B) only used when demand is constant and known C) an alternative to a classic MRP system D) only used when demand is unknown