Managerial accounting includes the planning function. Which of the following items would be part of the planning function of a business's managerial accounting?
A) comparing actual performance to previously budgeted amounts
B) creating detailed budgets
C) implementing operational plans
D) evaluating results of operations
B
You might also like to view...
Which of the following is an example of an informal contract?
A. a recognizance B. a lease C. a letter of credit D. a check
In order to fertilize his vegetable farm, John, a farmer, needs to choose from two fertilizers: Nitro Plus and Phosphate Max. Each bag of Nitro Plus costs $7 and contains 8 pounds of nitrogen and 6 pounds of phosphate. Each bag of Phosphate Max costs $9 and contains 4 pounds of nitrogen and 8 pounds of phosphate. John’s vegetable farm requires at least 32 pounds of nitrogen and 48 pounds of phosphate. (Assume fractions of a bag are allowed.) At the optimal solution, the total fertilizer costs are ______.
A. $29.80 B. $54.40 C. $76.25 D. $80.00
A court can dismiss a debtor's petition for a Chapter 13 adjustment if the circumstances indicate bad faith.?
Indicate whether the statement is true or false
The belief that business involvement can help solve difficult social problems is the ________ argument on social responsibility.
A. public expectation B. public image C. better environment D. possession of resources