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what is the answer from 5 to 8 please of the following is the primary focus of financial accounting? A) providing information that managers need
what is the answer from 5 to 8 please
of the following is the primary focus of financial accounting? A) providing information that managers need to make operational decisions B) providing information to managers to assist in planning, directing and control I Iing operati R providing summarized information on operational results to investors and creditors D) providing highly detailed information on product lines, regions, and divisions 5) Period costs are the A) operating costs that are expensed in the accounting period in which they are incurred B) same as manufacturing overhead costs C) product costs that must be paid in the accounting period in which they are incurred D) costs related to production of products 6) Which of the fol lowing is an example of a period cost for a manufacturing company? A) indirect materials Q depreciation on factory equipment B) property taxes for the factory D) advertising expense 7) Which of the following is a part of manufacturing overhead? A) cost of raw materials C) depreciation on office furniture B) factory insurance D) wages of assembly line workers 8) Which of the following is a product cost for a manufacturing company? A) wages paid to factory janitor C) commissions paid to sales staff 5) depreciation on corporate building D) salary of administrative staff Step by Step Solution
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