Which of the following is most associated with managerial accounting?
A) Must follow GAAP
B) May rely on estimates and forecasts
C) Is prepared for users outside the organization.
D) Always reports on the entire entity
B
You might also like to view...
Which of the following is a commonly cited disadvantage of having a new unified set of accounting standards?
a. Acquiring foreign companies would become a more confusing proposition. b. Corporations may find themselves more susceptible to lawsuits due to the principles-based system. c. Time and money would not be saved in accessing capital markets abroad. d. The SEC would be dissolved if international accounting standards were adopted.
Answer the following statements true (T) or false (F)
1.Alberto is concerned that he and Adrianna have shared passwords and can now see each other’s e-mails and social media accounts. One danger is the potential for each person to reveal the other’s secrets should the relationship turn dark or end. 2.One in twelve young people surveyed having received sexts. 3.Revenge porn often results in the subject featured in the sext being harassed, cyberbullied, or blackmailed. 4.Digital social networks are secure in a way that they can be effective at preventing the spreading rumors and misinformation. 5.Being trustworthy means working to get to know others so you can take advantage of their vulnerabilities.
The advantage to the service organization of having membership relationships is that it knows who its future customers are and, usually, what they think of the services offered
Indicate whether the statement is true or false
Answer the following statement(s) true (T) or false (F)
1. Lean implementation can cause discomfort and stress among some employees. 2. Terminating those employees who are below average in productivity is one of the tenets of the philosophy of lean. 3. Reverse logistics is a task involved in order processing and delivery. 4. An area in which Lean Six Sigma has been applied is the implementation of creative thinking.