Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. Provide 5 examples of business activities or accounting reports that reflect the differentiates between financial accounting and managerial accounting in the different aspects (purpose,

1. Provide 5 examples of business activities or accounting reports that reflect the differentiates between financial accounting and managerial accounting in the different aspects (purpose, focus, disclosure, etc.) and describes their importance in the performance of the company. Example: Financial accounting: Preparation of a report that includes the quarterly production to report the quarterly results to the parent company. It allows the preparation of quarterly reports for regulatory agencies and shareholders. Managerial accounting: Preparation of a weekly production report by product type to measure performance. It provides information that helps us estimate in advance whether or not the monthly production goal will be achieved and identify possible problems that prevent the goal from being met. 2. Describe at least two planning and two control activities that a manager of a grocery store (supermarket) would engage in. 3. describes two risks that a food business (supermarket) can face and what control measures it can establish to minimize or prevent their effect. 4. Choose one of the companies in the automotive industry and describe its corporate strategy (/customer value propositioncustomer value proposition) and explains the importance for a managerial accountant to know this strategy 5. Search the website of a large company of your choice (Hewlett Packard, CVS, Benn & Jerry's, Procter and Gamble, Lenovo) and describe at least two recent steps they have taken to meet their social responsibility. Explain what impact these measures can have on the business image. Remember that many large companies publish asustainability report

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Psychology Applied To Teaching

Authors: Jack Snowman, Rick McCown

14th Edition

1285734556, 9781285734552

More Books

Students also viewed these Accounting questions

Question

Solve the following 1,4 3 2TT 5x- 1+ (15 x) dx 5X

Answered: 1 week ago

Question

2. What we can learn from the past

Answered: 1 week ago

Question

2. Develop a good and lasting relationship

Answered: 1 week ago