Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 25, 2024

Which BEST describes the purpose of a management accounting and control system(MACS)? A. A MACS provides a signal for management attention when areas are outminus

Which BEST describes the purpose of a management accounting and control system(MACS)?

A.

A MACS provides a signal for management attention when areas are outminus

ofminus

control.

B.

A MACS defines the value chain and identifies nonvalueminus

added activities for a business.

C.

A MACS helps decision makers determine whether strategies and objectives are being met.

D.

A MACS offers a system of controls to ensure employees are meeting predetermined standards.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered Solutions

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

Step: 2

Step: 3

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

7th edition

978-1118334331, 1118334337, 978-1119036449, 1119036445, 978-1119036432

Students also viewed these Accounting questions

Question

★★★★★

The following data were adapted from a recent income statement of Procter & Gamble Company: (in millions) Sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ....

Answered: 1 week ago

Question

★★★★★

Let X be a random variable denoting the number of roulette spins until a black-colored number appears. Then, the distribution of X is geometric. (To answer the question, it is immaterial how many...

Answered: 1 week ago

Question

★★★★★

List some reasons why an employee might embezzle cash from his employer and the evidence that would determine which reason (or reasons) could provide the pressure to motivate a person to embezzle....

Answered: 1 week ago

Question

★★★★★

1. Explain what is net asset value (after debt).Calculate adjusted net asset value (ANAV) using the financialinformation contained in the 2010 balance sheet. Next, restate fictitiousassets at a tax...

Answered: 1 week ago

Question

★★★★★

Sigma Company applies overhead cost to jobs on the basis of direct labour costs. Job A, which was started and completed during the current period, shows charges of $5,000 for direct materials, $8,000...

Answered: 1 week ago

Question

★★★★★

Based on the scenario mentioned in the article, there are several recommendations I would give to the stakeholders to restore the preferred situation 1 . Sales Team: Explanation: The sales team...

Answered: 1 week ago

Question

★★★★★

1) Calculate average stress and strain generated in each component of the figure shown below and use ANSYS to evaluate same (CAD model for same is assignment3.sat, uploaded in canvas). Geometry...

Answered: 1 week ago

Question

★★★★★

Fresh Harvest is a new startup by 2 young entrepreneurs who are both passionate about sustainable agriculture and believed that this is viable potential business. Their aim is to address food...

Answered: 1 week ago

Question

★★★★★

Is there a common thread in the two situations of personal gain? What is different about the Gates scenario and those of the Birmingham officials?

Answered: 1 week ago

Question

★★★★★

Should You be Able to Sue McDonalds if You Spill Coffee on Yourself? If you talk about lawsuits today, some people will tell you that a lot of them are frivolous. There are a few famous cases that...

Answered: 1 week ago

Question

★★★★★

A server is designed to perform simple integer arithmetic operations. Clients interact with this server by using an RPC mechanism. Describe the contents of the call and reply messages of this RPC...

Answered: 1 week ago

Previous Question Next Question