difference between financial accounting and managerial accounting? | | | Student Answer: | | Financial accounting is primarily concerned with reporting the past‚ while managerial accounting is more concerned with the future. | | | | Managerial accounting uses more nonmonetary information than is used in financial accounting. | | | | Managerial accounting is primarily concerned with providing information for external users while financial accounting is concerned with internal users
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Midterm Study Guide Answers 1. A hypothesis is an explanation of observations. “If the floor is wet‚ I will slip.” 2. A controlled experiment is when only one variable is changed. 3. If the plant you are experimenting with has a disease that is an unavoidable experimental error. 4. An enzyme speeds up reactions and lowers the energy it takes to produce something‚ a lock and key. 5. Autotrophs make their own food by producing sugars from sunlight and various chemicals. 6
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costs to activities (to the extent feasible) 3. Assign costs to activity cost pools 4. Calculate activity rates 5. Assign costs to cost objects using the activity rates and activity measures previously determined 6. Prepare and distribute management reports With refer to the monthly production and operating statistics in March 2000‚ we can identify the cost pools and cost drivers which
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Kumar Sen Professor‚ School of Business Independent University‚ Bangladesh (IUB) In Partial Fulfilment of the Requirements of EMBA Course-513E Management Accounting By Mohammed Shamsuddin Student ID: 1110805 Summer Semester‚ 2012‚ Management Accounting‚ EMBA INDEPENDENT UNIVERSITY‚BANGLADESH
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MSB 605: ETHICS IN THE GLOBAL MARKETPLACE: SPRING 2015 REVIEW Touro College: Midterm: March 2015 CHAPTER 1 1) In business ethics‚ there is no right and wrong‚ everything is relative. T or F 2)According to the text morality is the standard that an individual’s or a group has about what is RIGHT and WRONG or GOOD and EVIL (P.8) 3) Name six characteristics of moral standards (P.12) Moral standards include the norms we have about the kinds of actions we believe are morally right or wrong
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Anthro 368 Midterm Due Monday‚ May 5th at 11:55p 75 points This exam is worth 74 points. Part 1 consists of You get one additional point for putting your name on your exam. You may use your book and notes to answer the questions. You may ask me about any question you don’t understand‚ however‚ if you ask questions over the weekend‚ or the night the exam is due‚ you may not get a prompt response. The deadline for the exam is set for your convenience; I am not available online the night the
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1 CHM 1321 Second Midterm Apr 1 – 2011 (Prof. S. Gambarotta) Your Name: ___________________ Student #: ______________ Exercise key Exercise key 1
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Strat Unit Test Review Chapter One: Strategic Management Process: Mission --> Objectives --> Internal & External Analysis --> Strategic Choice --> Strategic Implementation --> Competitive Advantage Mission: A firms long term purpose. A desire future state: the aspiration of the organization. - Long term Mission Statements:
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AND TECHNOLOGY B.COM ( BANKING‚ FINANCE‚ MANAGEMENT‚ INSURANCE‚ MARKETING & ACTURIAL SCIENCE) HONOURS COURSE ACCOUNTING IA CODE CAC 1107 AIM The purpose of the course is to provide an understanding of the basic concepts and techniques of accounting and their application to business management. The course covers the accounting cycle and assumes no prior knowledge of accounting. The course is intended for those who will use accounting information as managers rather than those who
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Midterm Exam_MATH302 Question 1 of 25 0.0/ 1.0 Points Which of the following statistics is not a measure of central location? A.Interquartile range (CORRECT) B.Median C.Mode D.Mean Question 2 of 25 1.0/ 1.0 Points If events A and B are mutually exclusive‚ then the probability of both events occurring simultaneously is equal to A.0.0 (CORRECT) B.1.0 C.0.5 D.any value between 0.5 and 1.0 Question 3 of 25 1.0/ 1.0 Points The table below shows the preferences for elective
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