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Effectus [21]
2 years ago
14

Where does the management accounting function fit into an organization's structure?

Business
1 answer:
LUCKY_DIMON [66]2 years ago
6 0

Management accounting is the process of measuring and analyzing financial and non-financial information that is relevant to the company.  This is an important part of the Controller’s function in an organization since the Controller directly reports to the chief financial officer. The report contains pieces of information which contributes in making strategic decisions to achieve the goal of the organization. 

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Purdum Farms borrowed $16 million by signing a five-year note on December 31, 2017. Repayments of the principal are payable annu
irina [24]

Answer:

Current liabilities   $3.2 million

long-term liabilities =$16 million-$3.2 million-$3.2 million=$9.6 million

Explanation:

The amount classified as current liabilities as at 31st December 2018 is the portion of the loan repayable within a year,that the repayment due at 31st December 2019 which is $3.2 million.

The amount to be classified as long term liabilities is the balance of the loan after having taken out the payment in year 1 as well as the repayment to be made in year 2

5 0
1 year ago
The amount of money collected by a snack bar at a large university has been recorded daily for the past five years. Records indi
disa [49]

Answer:

A) skewed to the right with a mean of $4000 and a standard deviation of $450.

Explanation:

While the days are picked at random, the size of the sample is enough to represent the reality. Among the random pick those days of football game will be picked too and will skewed to the right the distribution

The distribution will not change into normal as the reality is that distribution of revenue is not normally distributed among the days of the year.

3 0
2 years ago
A severe cyclone causes substantial damage to a brick manufacturing company's production equipment. As a result, the company spe
Zepler [3.9K]

Answer:

The correct answer is D. indirect cost.

Explanation:

That is, indirect costs are those costs that the company incurs during the exercise of its activity, whose allocation is more complicated, since they are not directly related to production.

In the above case, it is shown that the environmental effect produced by the cyclone is not directly related to the production of the bricks, so it is considered that it corresponds to indirect costs of the operation.

6 0
2 years ago
A A rocket shoots up 123 meter<br>i. What is its initial velocity -​
oee [108]

Answer:

Initial Velocity= 49 m/s

Time period= 5 secs

Explanation:

THIS IS THE COMPLETE QUESTION BELOW

A rocket shoots up 123 meters. What is it initial velocity?How long is it ascending

The initial velocity can be calculated using the expression below

u= √( 2gh)

Where g= Acceleration due to gravity= 98 m/s^2

h= height

Substitute the values we have

u = √(2*9.8*123)

u=√( 2410.8)

u = 49 m/s

the time period can be calculated as

(49/9.8)

= 5 sec

Hence time period is 5 secs

5 0
1 year ago
Toby’s current marginal utility from consuming peanuts is 100 utils per ounce and his marginal utility from consuming cashews is
Ne4ueva [31]

Answer:

Toby is not maximizing his utility because MUp/Pp > MUc/Pc

Explanation:

given data

marginal utility consuming peanuts =  100 utils per ounce  

marginal utility  consuming cashews = 200 utils per ounce

peanuts cost = 10 cents per ounce  

cashews cost = 25 cents per ounce

solution

we know that Toby will have maximize utility when here

Marginal utility of peanut ÷  price of peanut  = Marginal utility of cashew  ÷ cash   ..........................1

MU (p) ÷ P (p) = MU (c) ÷ P (c)

put here value

\frac{100}{10} = \frac{200}{25}

but here

10 > 8

so we can say Toby is not maximizing his utility because MUp/Pp > MUc/Pc

8 0
1 year ago
Read 2 more answers
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