Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

What is one of the ways that accounting is used to direct and control the manager of a corporation? Select one: a.Threatening to tell shareholders

What is one of the ways that accounting is used to direct and control the manager of a corporation?

Select one:

a.Threatening to tell shareholders a mangers income if a manager makes a 'poor financial' decision.

b.Linking of a mangers performance to a bonus that depends on accounting profit.

c.Making decisions based on the accounting information regardless of managerial input.

d.Using income smoothing to assure a manager that they can invest in a low risk investment.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Managerial Accounting Tools for business decision making

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

5th edition

470506954, 471345881, 978-0470506950, 9780471345886, 978-0470477144

Students also viewed these Accounting questions

Question

What does the ratio total deposits times capital measure?

Answered: 1 week ago