explain on how cloud accounting can give a benefit to accountant in completing the accounting job and what is the relation with cost management?
Q: Understanding components of a computerized accounting information system Ned Timmons, engineer, is…
A: 1.
Q: Do you think that a Managerial Accountant, responsible for manufacturing operations, would work on…
A: A managerial accountant collects, interprets, and prepares financial data for the organization's or…
Q: How can computerized accounting help improve the reliability and flexibility of any manual…
A: Accounting is the process of recording the financial transaction to ascertain the financial position…
Q: Evaluate and Integrate the role of quantitative information in making business decisions.
A: Quantitative studies are all about numbers. It makes use of mathematical evaluation and facts to…
Q: Accounting staff “in general" are very focused and tend to stay within their circle of peers. They…
A: Human resource management is a management function dealing with recruiting, inspiring, etc., and…
Q: Explain and describe the various costing methods used in management accounting
A: There can be several types of costing methods that are used in Managment accounting that help and…
Q: Explain the concept and scope of Managerial Accounting together with its functions with example.
A: SOLUTION- CONCEPT OF MANAGERIAL ACCOUNTING - IT IS THE PROCESS OF IDENTIFICATION, MEASUREMENT ,…
Q: ( trial balances ) explain how can they implemented and how they make accountant job more efficient?
A: Trial Balance Trial balance is one of the important process in the accounting. Trial balance has…
Q: Give an example of managerial accounting information that could help a manager make the following…
A: Managerial accounting information assists the managers in various decisions related to different…
Q: Explain the use of spreadsheet software in business and apply this to the work of a financial…
A: Introduction:- Spreadsheet software is a software application. It is most suitable for organizing,…
Q: give an example of profit measurement in managerial accounting that fulfill a situation
A: Objective Managerial accounting Maximization of profit and minimization of losses are the main…
Q: After completing your first degree in accounting you have been employed by XYZ Company as an account…
A: As the question has more than 3 sub-parts, the first 3 subparts are answered. If you want the answer…
Q: What are the types of work performed, the overall areas of focus, and/or other relevant information…
A: Accounting is the method by which the transactions of the business can be recorded so that the…
Q: You have been recruited by Education-For-ALL (EFA), an NGO providing teaching and learning support…
A: Accounting refers to the process of recording financial transactions of a company in its financial…
Q: For the following activitie, explain which of the objectives of managerial accounting activity is…
A: Objectives of managerial accounting activity: Managerial accounting activity includes set of tools,…
Q: give an example of a cost center, profit center, and an investment center within the Hilton…
A: First let us understand the meaning of cost center- It is basically a function within an…
Q: Please describe a managerial accounting concept or topic you learned in this course. Identify the…
A: Solution: Management Accounting is also called as managerial accounting and can be defined as a…
Q: is commonly suggested that a management accounting system should be capable of supplying different…
A: Solution- Costs , their purpose and…
Q: Many accounting and accounting-related professionals are skilled in financial analysis, but most are…
A:
Q: THE IMPACT OF ACCOUNTING SOFTWARE ON BUSINESS PERFORMANCE: develop a conceptual framework. Give…
A: Accounting software helps to handle accounting processes simpler for company owners, conducting…
Q: primary users of managerial accounting information
A: Accounting information is presented in the financial statement of the company. The financial…
Q: After the first day of cost accounting your friend says, “The role of accountants is to report what…
A: First Let us know about what is Cost Accounting: Cost accounting is a method of doing business in…
Q: Explain the use of spreadsheet software in business and apply this to the work of a management…
A: Spreadsheets play an important role in managerial accountants. Responsibilities for managerial…
Q: Explain why accounting students should study Accounting Information Systems?
A: “Since you have posted multiple questions, we will be solving the first question only. In order to…
Q: Importance of cost accounting to an Accounting student
A: Cost accounting is an essential part of every business. This will help you to make better financial…
Q: implemented and how they make accountant job more
A: Introduction :- The accountant may be a key player in any business - in any case , bad money…
Q: explain and describe the various costing method in management accounting.outline their advantagesand…
A: Using product costing procedures, a cost is allocated to a product. The most frequent costing…
Q: Cost and management accounting A. require and entirely separate group of accounts than financial…
A: The prime aim of cost accounting is to assist or aid the management in a cost control structure and…
Q: please answer both questions What are ways in which the profession and tools of managerial…
A: The answer for the theory questions on Managerial accounting is discussed hereunder : Managerial…
Q: Why should accountants participate in product design
A: Product design is a process through which the designers of a company assist in designing of products…
Q: How cost accounting is useful for external user as Government ,and customer etc,support your answer…
A: Cost accounting gives complete details of the cost incurred in the manufacturing of the product and…
Q: Consider the use of Integrated Accounting, as a computerized accounting system. Write a discussion…
A: Computerized Accounting System refers to an accounting information system that runs on a software…
Q: Explain why managerial accounting is important to managers in an organization
A: Note: We’ll answer the first question since the exact one wasn’t specified. Please submit a new…
Q: Explain the meaning of customer value. How is focusing on customer value changing managerial…
A: Customer value: The customers play a wider role in the business. The major business transactions…
Q: How might the following business specialist use learning curves: Accountants, marketers, financial…
A: The learning curve is defined as visual representation of how long it takes to obtain new knowledge…
Q: As an accountant why do you need to know how to talk to systems designers and developers? What…
A: Accounting information system: Accounting information system can be defined as the use of…
Q: The benefits we get from learning Managerial accounting explain?
A: Management accounting involves identification, analysis, interpretation and communication of cost…
Q: agerial
A: Managerial accounting is the process of identifying, analyzing, interpreting and communicating…
Q: How might the following business specialist use learning curves: Accountants, marketers, financial…
A: Curve is the virtual representation of information provided and displayed. It is a method of…
Q: They are going to start a manufacturing company and need help deciding what entity type to choose to…
A: The different types of business entities prevent in an economy are(a) Sole Proprietorship(b)…
Q: Why is credit approval an important part of the revenue cycle? And Why should accountants…
A: A cycle indicating a set of business activities and its information processing operations that…
Q: Explain the role of cost accounting as it relates to financial and managerial accounting
A: The main focus of cost accounting is on cost information and cost control (managerial use), while…
Q: what is managerial accounting and why could it be important in your present and future plans as a…
A: Management Accounting is the field of accounting which deals to present the necessary accounting…
Q: Describe the role of management accounting in providing information to managers for decision making,…
A: Management accounting is the accounting done for the managers and helps the management to perform…
Q: ow do managers use accounting in day-to-day operations? How have you used accounting in your work?…
A: Answer: Accounting is very basic concept and fundamental in any business. The basic of accounting is…
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- Walsh & Coggins, a professional accounting firm, collects cost information about the services they provide to their clients. Describe the types of cost data they would collect and explain the importance of analyzing this cost data.Who are the primary users of the information gathered by managerial accountants?How does customer Satisfaction relate to management accounting? Give a practical example.
- Discuss the difficulties associated with manual cost accounting and how the organization may improve its accounting information system to more accurately represent the reporting issues.THE IMPACT OF ACCOUNTING SOFTWARE ON BUSINESS PERFORMANCE: develop a conceptual framework(diagram). Give possible explanation of the frameworkExplain the relationship between the Cost Management System and the Financial Accounting System