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QUESTION 1 0 For each of the statements below, determine whether each request is relatively more managerial accoutning oriented or financial accounting oriented. Simply type
QUESTION
For each of the statements below, determine whether each request is relatively more managerial accoutning oriented
or financial accounting oriented. Simply type "managerial" or "financial" in each box, as appropriate.
a Simon Smith, head of production, wondered whether it would be more cost effective to buy parts partially
assempled or to buy individual parts and assemble them at the Beantown factory.
b The president of Beantown factory reminded Susie that the stockholders' meeting was coming up and he needed
Susie to prepare a powerpoint presentation showing the income statement and balance sheet information for last
year.
c John Ellenson, vice president of sales, has decided to expand the sales offices for next year. He sent Susie the
information on next year's rent and depreciation information for budgeting purposed.
d Susie's assistant, Murphy, received the information from John on the depreciation and added it to depreciation
expenses and accumulated depreciation on office equipment.
e Susie compared the budgeted spending on materials used in production with the actual spending on materials
used in production. Materials spending was significantly higher than expected. She set up a meeting to discuss this
outcome with Simon Smith so that he could explain it
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