Answer:
1. Understand difference in the reporting manner for Management Accountants and Financial Accountants.
2. Refer to Company policy documents and International Reporting Standards to clearly expose the difference.
3. Consult with other co-workers on who the information is intended and agree on whose opinion to base the reporting.
Explanation:
Management Accountants or CMA prepare Financial Statements for Management use and there are no Statotory or Strict guidelines on how these statements are prepared.
Whilst Financial Accountants prepare Financial Statements for External reporting and have to abide by the Reporting Standards (either GAAP or IFRS).
So, they will be always be differences in the manner of reporting.
The solution is to understand the user of those statements that are being prepared and <em>take the opinion that meets those users needs</em>.
The answer top the question stated above is letter D. It would improve the economy's situation.
For F<span>riedrich Von </span>Hayek, less government intervention<span> meant more </span>economic freedom. He believed that if people are free to choose, then the economy runs more efficiently.
Thus, it would improve the economy's situation.
Explanation:
To find :
Filter the data in order such that only rows where the sum of the type is food and the sum of the amount is greater than 20 are displayed. The selection of requirements has been set for you in cells a1:c2.
Now,
You clicked the Advanced button on the Data Ribbon Tab in the Sort & Filter Ribbon Section.
You tapped on cell A1.
You pressed the OK button in the Advanced Filter window.
Answer:
Option E: Commercialization
Explanation:
The marketplace is simply dynamic and undergoes different changes and the demand rate for products is also do change. Companies evaluate their already made or existing product line, update it and tries to fit into the standard of their consumers.
In the new product development strategies, companies makes a unique new product development strategy to limit the overuse of time and resources through the method of, organize planning and research, understanding what customer really want thereby definitely resourcing of the said project.
In commercialization, it entails the new product launching procedures (processes). It usually needs heavy promotion and product distribution throughout the network.
Answer: e. Funds that arise out of normal business operations from its suppliers, employees, and the government, and they include spontaneous increases in accounts payable and accruals.
Explanation:
Spontaneously Generated Funds are a result of an increase in sales. This then in turn leads to an increase in Accounts Payables, wages to employees and taxes to the Government. For example, if sales rise then the company will buy more from.its suppliers leading to a higher Payables balance.
It is used in the calculation of Additional Funds Needed where it along with an increase in Retained earnings is subtracted from the required increase in sales.
