Susan is a marketing manager at an electronics company. Which of the following is how Susan is most likely to make use of managerial accounting?

A) to analyze the cost of production
B) to determine the effect of promotional strategies
C) to determine whether the company's salaries are appropriate
D) to see whether the firm is profitable
E) to prepare information for outside creditors


Answer: B
Explanation: B) A marketing manager is in charge of promotional strategies, among other things. Managerial accounting is used to prepare information for use within a company to help make decisions. Since Susan is a marketing manager, she is most likely to use managerial accounting to assess the effect of promotional strategies.

Business

You might also like to view...

A creative brief may include all of the following, except:

A) an objective of building brand image B) specifying the target audience C) describing the public relations program D) a clear message theme

Business

Taking appropriate action on variances includes all of the following except:

a. Ignoring the cause of favorable variances. b. Revising the standard because it was set incorrectly. c. Improving the manufacturing process. d. Looking for new suppliers.

Business

Using the high-low method, the total fixed costs are ________. (Round intermediate calculations to two decimal places, and the final calculation to the nearest dollar.)

Bernard Company shows the following manufacturing costs for the first six months of the year:

Business

It is difficult to determine the contribution to a company’s savings on ______.

A. indirect materials B. direct materials C. centralized materials D. decentralized materials

Business