The per phone marginal cost of increasing phone production from 50 to 55 phones with 6 workers in the company is 3 handbags.
To find the marginal cost, we need to compare the handbags produced when 5 workers and 6 workers are making phones. With 5 workers, 50 phones are produced and 15 handbags are made. With 6 workers, 55 phones are produced and 42 handbags are made.
The increase in phone production is 5 phones (55-50), while the decrease in handbag production is 15-42 = -27 handbags.
The marginal cost per phone is the change in handbag production divided by the change in phone production: -27 handbags / 5 phones = -5.4 handbags per phone. Since the question asks for the absolute value, the answer is 3 handbags.
To know more about marginal cost click on below link:
https://brainly.com/question/7781429#
#SPJ11
What type of special title insurance policy is used when a property is being purchased through a land sales contract, purchase money mortgage, or purchase money trust deed
Answer:
A vendee policy.
Explanation:
A vendee policy is a type of special title insurance policy that is used when a property is being purchased through a land sales contract, purchase money mortgage, or purchase money trust deed.
This ultimately implies that, a vendee policy is an equitable buyer's lien issued to the purchaser of a real estate property in order to protect them in terms of repayment of the money being made as payment. It serves as a form of security for the buyer of a real estate property and as such it is enforceable by a court of competent jurisdiction.
Consider a firm in a perfectly competitive product market selling each unit of its product for $9. This firm has production function Q=10K1/4L 3/4 For this production function, the marginal (physical) product of capital is 2.5(L/K)3/4 and the marginal (physical) product of labour is 7.5(K/L)1/4. A. In the short run, capital is fixed at K=4096. if the firm employs L=81 workers it can produce units of output. In order to produce 80 units of output in the short run this firm must use units of labour. . If the labour market has competitive wage $59, the firm will demand units of labour in the short-run, B. When L=81, the firm's marginal revenue product of labour is equal to assuming it is also perfectly competitive in the product industry. E. Suppose the union raises wages by $2. In this case %AW = % (This percent value will be graded correct if it is within 0.1). Based on the new short-run quantity of labour demanded, the union can expect the firm to reduce employment by units of labour. Calculate the short-run elasticity of labour demand. Assuming labour is a normal input, the union should expect in the long run that the firm will (Enter 1 for "increase employment again," 0 for "not make further changes," and -1 for "decrease employment further"). Explain why.
The firm can adjust its capital input based on the changes in the price of labour. When the union raises wages by $2, the cost of labour increases.
Given data, Production function Q=10K1/4L3/4.
Marginal (physical) product of capital = 2.5 (L/K)3/4.
Marginal (physical) product of labour = 7.5 (K/L)1/4.
Part A
In the short run, capital is fixed at K=4096.
If the firm employs L=81 workers, it can produce units of output. In order to produce 80 units of output in the short run, this firm must use units of labour.
Let Q=80In the short run, with fixed capital K=4096, we get the production function:
80=10(4096)1/4L3/4 => L = 106.67 ≈ 107.
Thus, to produce 80 units of output in the short run, this firm must use 107 units of labour.If the labour market has a competitive wage $59, the firm will demand units of labour in the short-run.
Demand for labour can be calculated as follows:
MPL = MRPL Marginal Revenue Product of Labour (MRPL) = P x MPL
Where, P = Price of the product
MPL = Marginal Physical Product of Labour
MPL = 7.5 (K/L)1/4At K = 4096 and
L = 81, we get
MPL = 7.5 (4096/81)1/4 = 39.48
MRPL = $9 x 39.48 = $355.32
Wage rate = $59
Thus, the firm will demand 6 units of labour when wage rate is $59.
Part B
When L=81, the firm's marginal revenue product of labour is equal to assuming it is also perfectly competitive in the product industry.
Marginal Revenue Product of Labour
(MRPL) = P x MPL
Where, P = Price of the product
MPL = Marginal Physical Product of Labour
At L = 81, we get
MPL = 7.5 (4096/81)1/4 = 39.48P = $9
Thus, MRPL = $9 x 39.48 = $355.32
Therefore, when L = 81, the firm's marginal revenue product of labour is equal to $355.32
Suppose the union raises wages by $2.
In this case %AW = %Short-run elasticity of labour demand = % Change in Quantity Demanded / % Change in Wage Rate = (%ΔQ / Q) / (%ΔW / W) %ΔQ / Q = (New Quantity Demanded - Initial Quantity Demanded) / Initial Quantity Demanded = (6 - 7) / 7 = -0.1429%ΔW / W = (New Wage Rate - Initial Wage Rate) / Initial Wage Rate = (59 + 2 - 59) / 59 = 0.0339
Elasticity = (-0.1429) / (0.0339) ≈ -4.2172 ≈ -4.2
When wages are raised by $2, the union can expect the firm to reduce employment by 0.6 units of labour.
Assuming labour is a normal input, the union should expect in the long run that the firm will "not make further changes."In the long run, all inputs are variable.
Therefore, the firm can adjust its capital input based on the changes in the price of labour. When the union raises wages by $2, the cost of labour increases.
As a result, the firm substitutes capital for labour in the long run to reduce the cost of production. Since labour is a normal input, the demand for labour will decrease in the short run, but it will increase again in the long run. Thus, the union should expect that the firm will not make further changes in the long run.
To know more about wages visit:
https://brainly.com/question/32016867
#SPJ11
dentify all of the strategies below that could be used to successfully hedge an anticipated future purchase. A. Long call B. Long call and short put C. Long put and short call D. Long put
To successfully hedge an anticipated future purchase, the following strategies can be employed. Long call, Long call and short put, Long put and short call and Long put. Hence all of the options (A,B,C,D) are correct.
A. Long call: This strategy involves buying a call option, which gives the holder the right, but not the obligation, to purchase the underlying asset at a predetermined price (strike price) within a specified period. It provides protection against the price of the asset increasing beyond the strike price. B. Long call and short put: This combination involves buying a call option and simultaneously selling a put option. It provides both upside potential through the call option and limited downside protection from the premium received by selling the put option.
C. Long put and short call: This strategy involves buying a put option and simultaneously selling a call option. It provides downside protection from the put option while limiting the potential upside through the premium received by selling the call option. D. Long put: This strategy involves buying a put option, which provides protection against a decline in the price of the underlying asset. It allows the holder to sell the asset at the strike price, thereby limiting potential losses. Hence, options (A,B,C,D) are correct.
To know more about Long put refer here
brainly.com/question/14134823
#SPJ11
Which of the following statements is TRUE
a. A histogram of data that resembles the normal distribution indicates that the process is in control.
b. A major drawback of using histograms is that they require too many intervals.
c. A histogram is an effective tool for differentiating between common & special causes of variation.
d. A major drawback of using histograms in process control is that they do not readily account for the factor of time.
The correct statement is:
c. A histogram is an effective tool for differentiating between common and special causes of variation.
A histogram is a graphical representation of data that shows the distribution of a continuous variable. It consists of bars that represent the frequency or proportion of data falling within specific intervals or bins. By analyzing the shape and pattern of the histogram, you can gain insights into the variation present in the data.
Histograms are particularly useful for identifying different sources of variation in a process, including common causes and special causes. Common causes of variation are inherent to the process and result in a stable, predictable pattern of data distribution. Special causes, on the other hand, are factors that lead to unusual or unexpected variation in the process.
By examining the histogram, you can identify if the data follows a normal distribution (bell-shaped curve) or exhibits skewness, asymmetry, or other patterns. This analysis can help you determine whether the process is in control (mostly affected by common causes) or if there are special causes of variation that need to be addressed.
Learn more about Histograms, here:
https://brainly.com/question/30247609
#SPJ11
(03.02 LC)
Which of these might decrease the length of a mortgage loan?
Property taxes
O Insurance
O Amount owed
Collateral
Answer:
D.) Collateral
Explanation:
Tbh I'm not confident on this choice, but real estate basically is just a fancy term for property, for those who don't know. A collateral is a piece of property that can be sold by the lender to recover all or part of a loan if the borrower fails to repay. So with that being said, the only logical choice in my opinion would be D, or Collateral.
Collateral might decrease the length of a mortgage loan. As it minimises the risk for the mortgage loan.
What is mortgage loan?Mortgage loan is the fund that is provided to the lender against the immovable assets or property, or collateral to the Borrower. The lender used to keep the assets until their loan is repaid by the person.
Thus, option C is correct.
For more details about mortgage loan, click here:
https://brainly.com/question/15082835
#SPJ2
What is the multiplier? describe the main problems with this model (economics)
In macroeconomics, a multiplier is a factor of proportionality that measures how much an endogenous variable changes in response to a change in some exogenous variable.
What is the meaning of Macroeconomics?Macroeconomics is the study of how economies function, including changes in the balance of payments, inflation, interest as well as foreign exchange rates, and economic production. Only with a solid monetary and fiscal policy are poverty alleviation, social equality, and sustainable growth conceivable.
The study of an economy's overall performance, structure, behavior, and decision-making is known as macroeconomics. Using interest rates, taxes, and government expenditures, for instance, to control the expansion and stability of an economy. This covers the local, national, and international economies.
Learn more about Macroeconomics here:
https://brainly.com/question/30044582
#SPJ1
ordinary kriging method assume that
Which of the following is true about the sales force of a company?
A) Salespeople represent customers to the company and manage the buyer-seller relationship.
B) Salespeople represent workers' interests to upper management.
C) The primary responsibility of a sales force is to formulate operational strategies.
D) The sales force is responsible for product development and product strategy.
E) The sales force oversees the auditing process and recovers money from defaulting customers.
Salespeople represent customers to the company and manage the buyer-seller relationship is true about the sales force of a company. The correct option is A.
Selling a company's services and goods is the responsibility of the sales team. In order to preserve the buyer and seller relationship, the salesperson speaks on behalf of the customer to the company.
Whether in person, on the phone, or only online, a salesperson interacts directly with potential customers on behalf of their company. Typically, salespeople work closely with and report to their sales managers on performance objectives.
Simply put, a sales representative promotes a company's brand while selling their goods or services. From the initial lead outreach to the actual purchase, they manage customer relationships and act as the primary point of contact. The correct option is A.
Learn more about Salespeople at:
brainly.com/question/14013882
#SPJ4
"Professional education and vocational training are the foundation
for the overall development of a nation". Justify this statement with
suitable examples.
?
Answer:
Professional education and vocational training are the foundation for the overall development of a nation because, by training people in the different careers and jobs that they will develop throughout their lives, this in turn is generating a series of people specialized in different labor fields that will benefit from one or the other it shapes society as a whole. Therefore, through this specific education in labor matters, future progress and well-being are generated for citizens.
Select the statement which best describes the primary purpose of closing entries a. To complete the recording of various transactions which are begun in one period and concluded in a later period b. To determine the amount of net income or net loss for the period c. To reduce the balances of revenue and expense accounts to zero so that they may be used to accumulate the revenues and expenses of the next period d. To facilitate adjusting entries
Answer: c. To reduce the balances of revenue and expense accounts to zero so that they may be used to accumulate the revenues and expenses of the next period.
Explanation:
Closing entries are the journal entries that are made at the end of an accounting period in order to be able to transfer temporary accounts to the permanent accounts.
The primary purpose of closing entries is to reduce the balances of revenue and expense accounts to zero so that they may be used to accumulate the revenues and expenses of the next period.
Therefore, the correct option is C.
What does deficit spending require a government to do?
lay off workers
cut taxes
take on debt
hire more workerscy
Answer:
c. TAKE ON DEBT
Explanation:
A deficit spending require a government to: C. take on debt.
What is deficit spending?A deficit spending can be defined as a situation in which the expenditure of government exceed the amount of money generated as revenues over a fiscal period.
This ultimately implies that, deficit spending typically occurs when government's expenditure is greater than its revenue over a specific period time.
Consequently, government tends to resort to borrowing or taking debt when there is deficit spending in its budget.
Read more on deficit spending here: https://brainly.com/question/1371898
peter withdraws $5000 from his savings account. then he deposits $4000 in his checking account and puts the remaining $1000 in a safe box in his house. what is the overall effect of these actions on m1 and m2? a. m1 rises by $5000, m2 falls by $5000 b. m1 is unchanged, m2 is unchanged c. m1 rises by $5000, m2 is unchanged d. m1 is unchanged, m2 falls by $5000
The overall effect of Peter's actions on M1 is that it rises by $5000, while M2 is unchanged(A).
M1 includes currency in circulation, demand deposits, traveler's checks, and other checkable deposits. When Peter withdraws $5000 from his savings account, the money moves from savings deposits (not part of M1) to demand deposits (part of M1). Therefore, M1 increases by $5000.
However, when Peter puts $1000 in a safe box in his house, this money is no longer part of either M1 or M2 as it is not available for transactions. Therefore, M2 remains unchanged.
Finally, when Peter deposits $4000 in his checking account, there is no change in M1 or M2 since the money is simply moving from one type of checkable deposit to another. Therefore, the overall effect on M1 is an increase of $5000 (due to the withdrawal from savings), while M2 remains unchanged(a).
For more questions like Money click the link below:
https://brainly.com/question/28891105
#SPJ11
Suppose that you start off in long run equilibrium, where LRAS, SR, and AD meet altogether in one point. Explain what happens to price, real GDP, inflation, and unemployment in each of the following cases:
(a) The interest rate falls;
(b) Wage rate temporarily falls;
(c) The dollar appreciates relative to foreign currencies;
(d) Businesses temporarily expect higher resource prices in the future;
(e) Business taxes rise
(a) When the interest rate falls, it stimulates borrowing and investment, leading to an increase in aggregate demand (AD). As a result, both price levels and real GDP will rise. The increase in aggregate demand will lead to upward pressure on prices, causing inflation to increase. With increased investment and economic activity, unemployment is likely to decrease as businesses expand and create more job opportunities.
(b) If the wage rate temporarily falls, businesses' production costs decrease, leading to a decrease in their marginal cost (MC) and an increase in short-run aggregate supply (SRAS). As a result, both price levels and real GDP will increase. With lower production costs, businesses can lower their prices, which can lead to a decrease in inflation. However, the impact on unemployment depends on the elasticity of labor supply. If the wage decrease leads to a significant increase in labor supply, it could lead to an increase in employment and a decrease in unemployment.
(c) When the dollar appreciates relative to foreign currencies, it makes imports relatively cheaper and exports relatively more expensive. This leads to a decrease in net exports, reducing aggregate demand (AD). As a result, both price levels and real GDP will decrease. With decreased aggregate demand, inflation is likely to decrease. The decrease in economic activity can also lead to an increase in unemployment as businesses may reduce production and cut jobs.
(d) If businesses temporarily expect higher resource prices in the future, it can lead to an increase in their costs of production. This will result in a decrease in short-run aggregate supply (SRAS), leading to higher price levels and lower real GDP. With higher production costs, businesses may pass on the cost increases to consumers, leading to higher inflation. The impact on unemployment depends on the extent to which businesses adjust their production and hiring plans in response to the expected higher resource prices.
(e) When business taxes rise, it increases the cost of production for businesses. This leads to a decrease in short-run aggregate supply (SRAS), causing price levels to increase and real GDP to decrease. Higher production costs can lead to higher inflation as businesses pass on the tax burden to consumers. The increase in production costs may also result in businesses reducing their output and cutting jobs, leading to an increase in unemployment.
It's important to note that these are simplified explanations and the actual impact of these factors can be influenced by various other economic conditions and factors. Additionally, the magnitude and duration of the effects can vary depending on the specific circumstances and the overall state of the economy.
To learn more about marginal cost : brainly.com/question/14923834
#SPJ11
Which of the following is an example of a situation where a duty of care
exists?
O A. A property owner in relation to a trespasser of whose presence the
owner is unaware
B. A factory where an employee ignores warning signs to enter a
dangerous area without permission
O C. An airport where an individual has fled from security on foot and
entered the airstrip
D. A daycare employee with a child whose parents are late to pick
him up
Answer:
D. A daycare employee with a child whose parents are late to pick him up
Explanation:
5 time 8
help me pleeeeeeeeeeeeee
Answer:
40
Explanation:
five times eight is forty
exhibit two radial body forms the polyp and the medusa, and use stinging cells to capture their prey cnidarians include dinosaurs and birds [ choose ] have hair
Cnidarians exhibit two radial body forms, the polyp and the medusa, and use stinging cells to capture their prey. However, cnidarians do not include dinosaurs and birds, and they do not have hair.
Cnidarians are a diverse group of animals that includes jellyfish, sea anemones, and corals. They have a simple body plan characterized by radial symmetry, meaning their body parts are arranged around a central axis. The polyp form of cnidarians is usually sessile and attaches to a substrate, while the medusa form is free-swimming. Both forms possess specialized cells called cnidocytes, which contain stinging structures called nematocysts. These stinging cells are used to capture and immobilize their prey.
However, it is important to note that cnidarians are not related to dinosaurs or birds. Dinosaurs belong to the reptile group, while birds are a separate class of animals called Aves. Cnidarians, reptiles, and birds are distinct groups with different evolutionary histories. Furthermore, cnidarians lack hair, which is a characteristic feature of mammals.
To know more about Cnidarians, click here https://brainly.com/question/33301705
#SPJ11
Mrs. Hanson has 2 pies for a party. She calculates that if she splits the pies evenly among the guests, they will each receive
1
8
of a pie. How many guests are there?
Answer:
16 guests
Explanation:
If each guest is getting 1/8 of a pie, it means one pie is being divided into eight parts. One part is 1/8. One pie will be served to eight guests.
Two pies will be sufficient for 2x 8 = 16 guests.
Applying Overhead Cost; Computing Unit Product Cost [LO2-2, LO2-3] Newhard Company assigns overhead cost to jobs on the basis of 120% of direct labor cost. The job cost sheet for Job 313 includes $22,660 in direct materials cost and $10,700 in direct labor cost. A total of 1,400 units were produced in Job 313. Required: a. What is the total manufacturing cost assigned to Job 313? b. What is the unit product cost for Job 313? a Total manufacturing cost b. Unit product cost
Previous question
The manufacturing cost = $22,660 + $10,700 + $12,840 = $46,200 and the unit product cost for Job 313 is $33.
To determine the total manufacturing cost assigned to Job 313, we need to calculate the overhead cost first. The overhead cost is 120% of the direct labor cost, which is $10,700. Thus, the overhead cost is $10,700 * 120% = $12,840.
The total manufacturing cost assigned to Job 313 is the sum of the direct materials cost, direct labor cost, and the overhead cost.
Total manufacturing cost = $22,660 + $10,700 + $12,840 = $46,200.
Therefore, the total manufacturing cost assigned to Job 313 is $46,200.
The unit product cost for Job 313 can be calculated by dividing the total manufacturing cost by the number of units produced.
Unit product cost = Total manufacturing cost / Number of units produced
Unit product cost = $46,200 / 1,400 units = $33 per unit.
Hence, the unit product cost for Job 313 is $33.
To learn more about Overhead cost
Click here-brainly.com/question/32466347
#SPJ11
what will I need to start a clothing shop
Answer:
Explanation:
But meanwhile his you are going to start a new clothing business you will not have much finance ( money ) but first u have to advertise to the customers . get the customers attraction and there satisfaction , because then one customer will spread the whole news about your clothing shop to almost all the customers. which will be beneficial for you .
You will have to advertise on the tv , radio , bill boards , newspapers , many other marketing equipments plus u must advertise your business in a way that the customers will be willing to purchase your clothes from your clothing shop.
Then eventually you will gain more profits and will lead to profits so after sometime you can create a a online shopping like a website , because some and many customers will be willing to purchase your clothes through the online platform. which saves the customers time and transportation costs and etc.
By the way the main element is customers because without customers there will be no lead / success to your clothing shop.
Hope this answer helps you :)
Have a great day.
Mark brainliest :)
all business transactions can be stated in terms of
Answer:
of changes in the elements of the accounting equation. A useful way to conceptualize the accounting equation is that the left side (assets), "is what the Owner has" and the right side (liabilities + owner's equity) "is the method by which the Owner obtained the asset"
Explanation:
.................. people lack enthusiasm.
prolly cuz we're all depressed in our own lives.
Changes in the demand for differing housing styles or housing locations can be the cause of _____________ obsolescence.
Changes in the demand for differing housing styles or housing locations can be caused by Functional or external obsolescence.
housing style is the way a publication presents details, such as when to use single or double quotes, capitalization, italics, etc.
way of life is the standard that all writers should follow.” This is not what most businesses want - customers need to be provided with a predictable and consistent experience wherever, how, and when they encounter company conflicts. This is the main purpose of "house style". We guarantee consistency. The style of the housing enhances the "brand image" of the company.
Learn more about housing here: https://brainly.com/question/2594739
#SPJ4
Which type of bankruptcy allows a judge to adjust debts through elimination and reduction based on a person's income? (I took the test and ill put the answer in parenthesis, freebie points i suppose)
Chapter 7
Chapter 9
Chapter 11
(Chapter 13)
Reorganization bankruptcy under Chapter 13 is intended for borrowers with a steady income who have enough left over each month to at least partially pay off their debts.
What is bankruptcy?Through the legal process of bankruptcy, individuals or other entities who are unable to pay their creditors back can seek partial or complete relief from their obligations. Bankruptcy is often enforced by a court order that is frequently requested by the debtor. By selling assets to pay debts or by coming up with a repayment plan, bankruptcy enables those who are unable to pay their bills to start again. Businesses in financial distress are also protected by bankruptcy rules.
The legislation and bankruptcy procedure are explained in this section. You might be able to seek debt relief through bankruptcy, but you should be aware that this will have a negative, long-term impact on your credit. Your ability to acquire credit lines will be hampered for 7–10 years after bankruptcy.
Learn more about bankruptcy, here:
https://brainly.com/question/1142634
#SPJ2
Incentives influence peoples economic decisions by:____.
People's economic decisions and actions are influenced by incentives. Consumers, businesses, employees, savers, investors, and other market participants receive signals from incentives on how to use their limited resources.
What effects does an incentive have on various people?Different people can be affected by an incentive in various ways. Because people often act in their own best interests, responses to incentives are predictable. People's behaviors alter predictably in response to changes in incentives.
What does the term "incentives" mean in economics?The economic theory of incentives is a useful framework for deriving explanations of human behavior. Rewards or punishments for behavior are considered incentives. Positive or negative incentives are also possible.
To know more about business visit :-
https://brainly.com/question/15826604
#SPJ4
A sales tax is sent to the government by
Answer:A sales tax is a consumption tax imposed by the government on the sale of goods and services. A conventional sales tax is levied at the point of sale, collected by the retailer, and passed on to the government. A business is liable for sales taxes in a given jurisdiction if it has a nexus there, which can be a brick-and-mortar location, an employee, an affiliate, or some other presence, depending on the laws in that
Explanation:
When a county realizes a deficit on its current account:a) It becomes a net supplier of funds to other countriesb) It becomes a net demander of funds from other countriesc) It realizes an excess of imports over exports on goods and servicesd) Its net foreign investment position becomes positive
When a country realizes a deficit in its current account, it becomes a net demander of funds from other countries.
Hence, the answer is B.
What is the Effect of a Deficit on a Country's Current Account?This means that the country is importing more goods and services than it is exporting, leading to a deficit in its current account. As a result, the country needs to borrow funds from other countries to finance its imports.
This makes the country a net demander of funds from other countries. Therefore, the correct answer is option b) It becomes a net demander of funds from other countries.
However, a country's current account is a record that shows the country's transactions with other countries.
Learn more about net demander at https://brainly.com/question/28265382
#SPJ11
term for when buyers and sellers do business
The term for when buyers and sellers do business is commerce or trade.
What is Commerce?Commerce refers to the exchange of goods, services, or products between parties, typically involving the buying and selling of goods or services in exchange for money or other forms of consideration.
Trade is another common term used to describe the exchange of goods or services between buyers and sellers, often involving negotiations, transactions, and economic activities aimed at satisfying the needs and wants of both parties.
Thus, both commerce and trade are fundamental aspects of economics and are essential for the functioning of markets and economies.
Learn more about economics at brainly.com/question/17996535
#SPJ1
Which of the following best defines goal?
a. aim or purpose
b. disregard or disrespect
c. freedom from doubt
d. influence
Managerial accounting differs from financial accounting in several areas. Specify whether each of the following characteristics relates to managerial accounting or financial accounting.
a. Reports are usually prepared quarterly and annually.
b. Information is verified by external auditors.
c. Focus is on the past.
d. Main characteristic of information is that it must be relevant.
e. Reports tend to be prepared for the parts of the organization rather than the whole organization.
f. Primary users are internal (i.e., company managers).
g. It is governed by Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS).
h. The primary characteristics of information are that it must be reliable and objective.
i. Reports are prepared as needed.
j. It is not governed by legal requirements.
k. Primary users are external (i.e., creditors, investors).
l. Focus is on the future.
m. Reporting is based mainly on the company as a whole.
The information given is differentiated into either managerial accounting or financial accounting below:
Main characteristic of data is that it must be reliable and objective = Financial accounting.Not governed by legal requirements = Managerial accountingPrimary users are external (i.e creditors, investors) = Financial accountingFocused on the future = Managerial accountingReporting is based mainly on the company as a whole= Financial accountingReports are usually prepared quarterly and annually= Financial accountingInformation is verified by external auditors = Financial accountingFocused on the past = Financial accountingWhat is managerial accounting?Managerial accounting is a method of accounting that creates statements, reports, and documents that help management in making better decisions.
Financial accounting is concerned with the summary, analysis and reporting of financial transactions related to a business.
Learn more about managerial accounting on:
https://brainly.com/question/4952511
guysss i need helpppp
what color is a carrot plzzzzzz this teacher is on my a.ss about it
Answer:
BLUE Hope this helps :)))))
Explanation:
............
Answer:
totally megenta
Explanation:
☺️☺️☺️☺️☺️☺️☺️☺️