Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

cant use the same answer from previous posted question, can you rephrase the answer or give a different one ? 1. Marketing and Management Accounting

image text in transcribed

cant use the same answer from previous posted question, can you rephrase the answer or give a different one ?

1. Marketing and Management Accounting A cross-functional team of managers, including the management accountant, performs each of the following activities. However, depending on the nature of the decision to be made, one functional area will take the leadership role. Which of these activities is primarily a marketing decision? What would the management accountant contribute to each of the marketing decision? (a) Porsche Motor Company must decide whether to buy a part for one of its cars or to make the part at one of its plans. (b) Airbus must decide the price for spare parts it sells over the Internet using its Spare Parts Web site. (c) St.Steven's Hospital must decide how to finance the purchase of expensive new medical analysis equipment. (d) Amazon.com must forecase the pmpact on video sales of a new advertising program. (e) TexMex Foods, a regional market leader in the production and distribution of tortillas to retail and food service industries, must decide whether to accept a special order for tortilla chips by a large, national retail chain. (f) Target Stores must decide whether to close one of its retail stores that is operating at a loss. 2. Management and Financial Accounting Lillian Choi, an able mechanical engineer, was informed that she would be promoted to assistant factory manager. Lillian was pleased but uncomfortable. In particular, she knew little about accounting. She had taken one course in financial accounting. Lillian planned to enroll in a management accounting course as soon as possible. Meanwhile, she asked Walt Greespan, a cost accountant to state three or four of the principal distinctions between financial and management accounting. Prepare Walt's writtern response to Lillian

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

Financial Accounting A Concepts Based Introduction

Authors: David Kolitz

1st Edition

1138844977, 978-1138844971

More Books

Students also viewed these Accounting questions

Question

What are the advantages of arbitration?

Answered: 1 week ago