Managerial accounting
A) is prepared according to GAAP.
B) is prepared according to management needs.
C) is prepared periodically only.
D) is related to the entire business entity only.
B
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A firm following a focus strategy
A. must avoid entering international markets. B. must focus on a market segment or group of segments. C. must focus on governmental regulations. D. must focus on the rising cost of inputs.
Each firm makes financing decisions about the proportion of funds to obtain from owners, long-term creditors, and short-term creditors
Indicate whether the statement is true or false
Which of the following is an example of massive kinked bonus?
a. A sponsor rewarding an athlete only in the case of victory at an event b. An organization that gives a one piece-rate wage for all units produced irrespective of employee productivity c. A sponsor rewarding an athlete for participation in an event d. An organization rewarding an employee for referring someone who is later hired
What is the appropriate term from systems theory for when the system responds by amplifying or maintaining deviation?
A. Morphogenesis D. Positive feedback B. Homeostasis E. Negative feedback C. Cybernetics