Why might the role of the accountant be referred to as one of a detective in relation
Question:
Why might the role of the accountant be referred to as one of a ‘detective’ in relation to variance analysis?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 33% (6 reviews)
The accountant can be referred to as a detective as it is necessary for them to ...View the full answer
Answered By
PALASH JHANWAR
I am a Chartered Accountant with AIR 45 in CA - IPCC. I am a Merit Holder ( B.Com ). The following is my educational details.
PLEASE ACCESS MY RESUME FROM THE FOLLOWING LINK: https://drive.google.com/file/d/1hYR1uch-ff6MRC_cDB07K6VqY9kQ3SFL/view?usp=sharing
3.80+
3+ Reviews
10+ Question Solved
Related Book For
Management Accounting
ISBN: 9780730369387
4th Edition
Authors: Leslie G. Eldenburg, Albie Brooks, Judy Oliver, Gillian Vesty, Rodney Dormer, Vijaya Murthy, Nick Pawsey
Question Posted:
Students also viewed these Business questions
-
Why might Manufacturing Overhead be referred to as a clearing account?
-
Explain why a file-processing system may be referred to as belonging to a two-schema architecture.
-
a. Why would Cisco be referred to as the gatekeeper of the Internet? b. What is the significance of networking gear becoming a commodity? c. How does Cisco define a market adjacency? d. Why would a...
-
Please refer to the instructions and the table in this question. Enter the correct journal entry for part [A] in the following Balance Sheet and Income Statement for 20X1 and 20X2. Note that for the...
-
The following entry was recorded on January 10. At month-end, it was discovered that on January 10, computer equipment was purchased for $25,000 by borrowing from the bank. Prepare the correcting...
-
In Figure four particles form a square. The charges are q1 = q4 = Q and q2 = q3 = q. (a) What is Q/q if the net electrostatic force on particles 1 and 4 is zero? (b) Is there any value of q that...
-
Explain how teams are assigned and formed
-
The effort to reward city students for passing Advanced Placement tests is part of a growing trend nationally and internationally. Financial incentives are offered in order to lift attendance and...
-
An importers bank (also referred to as the issuing bank) issues a ________________ by making a written commitment on behalf of the importer to pay the exporter when the importers bank receives...
-
Express the set in set builder notation. F = {15, 16, 17, ..., 100}
-
Explain what a favourable variance and an unfavourable variance mean in relation to revenue and costs.
-
Should management be upset if all variances for the period are unfavourable?
-
How might a manager go about structuring an employee's workday to improve his or her performance?
-
Write out the form of the partial fraction decomposition of the function (see example). Do not determine the numerical values of the coefficients. x3 (a) x + 7x+6 9x+1 (b) (x + 1)3(x + 2) Submit...
-
You desire to make an 80% by weight vinyl acetate to 20% by weight styrene copolymer via free radical, emulsion polymerization. The r 1 and r 2 values for these monomers are 0.01 and 55,...
-
Q1)In a wheel and axle machine the diameters of the wheel and the axle are 450mm and 60mm respectively.The efficiency is 97%(0.97 per unit).When a body having a mass of 40kg is being lifted.Determine...
-
Smith & Chief Ltd. of Sydney, Australia, is a merchandising firm that is the sole distributor of a product that is increasing in popularity among Australian consumers. The company's income statements...
-
C. In lab, you measure the x & y components of a possible incompressible flow field as u = 2cxy; and where cand a are constants. v = c(a + x - y) 5. (04 pts) Short answer, what is necessary for the...
-
Turnbull Company had the following information for 2019 and 2020. What is Turnbull?s rate of return on common shareholders? equity for 2020? Dec 31, 2020 Dec 31, 2019 $ 70,000 350,000 Common shares $...
-
Write an SQL statement to display all data on products having a QuantityOnHand greater than 0.
-
Nate Young is the dean of a business school. The university is under strong financial pressures, and the university president has asked all the deans to cut costs. Nate is wondering how he should...
-
1. What is the difference between flexible and capacity-related resources? 2. A student develops a spending plan for a school semester. Is this budgeting? Why?
-
1. What does a capital spending plan do? 2. What is an example of a capacity-related expenditure?
-
When direct materials are issued from the storeroom, are any entries made in the subsidiary records? Question 2 options: Increase raw material item record Decrease raw material item record No entry...
-
Riverrun Co. provides medical care and insurance benefits to its retirees. In the current year, Riverrun agrees to pay $5,500 for medical insurance and contribute an additional $9,000 to a retirement...
-
DETAILS 1. [-/1 Points) SMITHNM13 11.2.025. MY NOTES Convert the credit card rate to the APR. Oregon, 2% per month % Need Help? ReadIt Watch
Study smarter with the SolutionInn App