What is the primary distinction between financial accounting and managerial accounting?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 33% (3 reviews)
The primary distinction between financial and managerial accounting is based on the users of the i...View the full answer
Answered By
JAPHETH KOGEI
Hi there. I'm here to assist you to score the highest marks on your assignments and homework. My areas of specialisation are:
Auditing, Financial Accounting, Macroeconomics, Monetary-economics, Business-administration, Advanced-accounting, Corporate Finance, Professional-accounting-ethics, Corporate governance, Financial-risk-analysis, Financial-budgeting, Corporate-social-responsibility, Statistics, Business management, logic, Critical thinking,
So, I look forward to helping you solve your academic problem.
I enjoy teaching and tutoring university and high school students. During my free time, I also read books on motivation, leadership, comedy, emotional intelligence, critical thinking, nature, human nature, innovation, persuasion, performance, negotiations, goals, power, time management, wealth, debates, sales, and finance. Additionally, I am a panellist on an FM radio program on Sunday mornings where we discuss current affairs.
I travel three times a year either to the USA, Europe and around Africa.
As a university student in the USA, I enjoyed interacting with people from different cultures and ethnic groups. Together with friends, we travelled widely in the USA and in Europe (UK, France, Denmark, Germany, Turkey, etc).
So, I look forward to tutoring you. I believe that it will be exciting to meet them.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Financial & Managerial Accounting
ISBN: 9780073526997
15th Edition
Authors: Jan Williams, Sue Haka, Mark Bettner, Joseph Carcello
Question Posted:
Students also viewed these Accounting questions
-
What is the primary difference between financial accounting and managerial accounting?
-
What is the primary distinction between Enterprise Funds and Internal Service Funds? What is the primary distinction between the General Fund and a Special Revenue Fund? What unique requirement,...
-
What is the primary distinction between the trading process on the New York Stock Exchange and the over-the-counter markets?
-
Employee earnings records for Redding Company reveal the following gross earnings for four employees through the pay period of December 15. D. Edwards ........... $83,500 A. Seligman...
-
What is the difference between a "SUPERCLASS" and a "subclass"? How is SUPERCLASS-subclass relationships represented in the UML?
-
Evaluate the equivalent capacitance of the configuration shown in Figure P26.18. All the capacitors are identical, and each has capacitance C. C C C
-
An organization in which project managers have ultimate responsibility for their projects and control of all resources is: a. Functional b. Balanced matrix c. Hierarchical d. Heavyweight project...
-
The CFO of the ABC Corporation asks you to address the following three questions. ABC faces a top corporate marginal tax rate of 35% on both ordinary income and on capital gains. a. The firm is...
-
At the end of 2020 , the new accountant discovered that in January 2019 , the company accrued sales wages of $58,000 in excess of the correct amount. Based on the above information, prepare any...
-
Gabi Gram started The Gram Co., a new business that began operations on May 1. The Gram Co. completed the following transactions during its first month of operations. May 1 G. Gram invested $40,000...
-
What kinds of organizations, in addition to businesses, use accounting information?
-
Describe the relatioliship among the accounting process, accounting information, decision makers, and economic activities.
-
Why do bad things sometimes happen to good people? Does this mean they are a bad person?
-
What is XYZ Corp.'s net cash flow XYZ Corp. (for 2020) Revenue $5,000,000 Wages: $1,000,000 D&A: $1,000,000 Property, Plant & Equipment investment: $1,500,000 Tax Rate: 35% NOWC (2020): $750,000 NOWC...
-
Tower x (m) y (m) UU3 -118.1 -15.6 OU1 -85.3 -15.9 Sensor heights (m) 3.19, 4.16, 5.04, 7.24, 9.84 1.5, 3.0, 5.46, 9.86, 15.65 OU2 -90.0 -8.3 1.5, 2.96, 5.97, 9.91, 15.08 ASU -22.8 -8.6 5.0 UUT -13.3...
-
For each of the matrices determine the value(s) of c for which the given matrix is not invertible. [4 25. 26. 3 5 } ] 6 27. 28. 2 c+4 C -8 c-6]
-
Spitfire Company makes and sells three products: A, B, and C. The following data relate to these products: A B Demand in units Selling price per unit 110 100 90 $180 $210 $195 Raw material costs per...
-
NCF & Partners (NCF) is a firm of CPAslocated in Whitby that has been in business for 20 years. NCF's revenue has declined steadily over the past few years. The partners are looking for ways...
-
7 Why might the relative form of PPP hold even though the absolute form does not hold?
-
Find the APR in each of the following cases: NUMBER OF TIMES COMPOUNDED Semiannually Monthly Weekly Infinite EAR APR 10.4% 8.9 11.6 15.4
-
Assume you are working as an intern in the accounts payable department of a construction company. As an intern, you have to process the invoices you receive from suppliers on a weekly basis. You...
-
Show that the convexity for a zero coupon bond with m payments per year is (m) n(n + -)(1+ m m
-
Abdul Canarte , a Central Bank economist, noticed that the total group purchasing basket of goods (CPI) has gone from $149,740.00 to $344,460.00 in 8 years. With monthly compounding, what is the...
-
ABC Corporation expects sales next year to be $50,000,000. Inventory and accounts receivable (combined) will increase $8,000,000 to accommodate this sales level. The company has a profit margin of 6...
Study smarter with the SolutionInn App