Answer : Option A : Managerial Accounting
Explanation;
The process of identifying, measuring, analysing and communicating financial information needed by management to plan, evaluate and control an organization's operation is called Managerial Accounting.
Multiple Choice Question 27 The process of identifying measuring analyzing and communicating financial information needed by...
Accounting is the process of organizing, analyzing, and communicating financial information that is used for decision-making. Group of answer choices True False
please assist with correct multiple choice Risk management is defined as the science of identifying, analyzing, mitigating, and responding to risk factors throughout the life of the project. the systematic approach and methods for managing, identifying, and controlling events that have a potential of causing unwanted change. the formal process by which risk factors are systematically identified, analyzed, and controlled. all of the above
QUESTION 17 Financial accounting does not deal with which of the following? Measuring a company's economic activity. Providing information to internal users. Preparing financial reports. Communicating financial results to investors. QUESTION 18 Financial accounting objectives do not include providing information: O Useful to investors and creditors in making decisions. To determine market values, assess profit potential, and evaluate management. Helpful to investors in predicting cash flows That tells about a company's economic resources and claims to those resources. QUESTION 19...
Multiple Choice Question 21 General-purpose financial statements are the product of Os financial accounting. O managerial accounting. 9. 9. both financial and managerial accounting. O neither financial nor managerial accounting.
Choose the answer that is not a distinguishing characteristic of financial accounting information. Multiple Choice It is global information that reflects the performance of the whole company. It is more highly regulated than managerial accounting information. It is more concerned with financial data than physical or economic data. It is focused primarily on the future.
1. Managerial accounting focuses on providing historical financial information to outside users including shareholders and creditors.2. Managerial accounting information must follow U.S. Generally Accepted Accounting Principles (CA AP)3. The control function is implemented to assess an organization's plan and may lead to recommendations for the future.4. The treasurer is typically in charge of all finance and accounting functions within an organization.5. The Institute of Management Accountants (IMA) provides formal guidance to help in choosing ethically acceptable courses of action
All the following are differences between financial and managerial accounting in how accounting information is used except to a. plan and control company's operations. b. decide whether to invest in the company. c. evaluate borrowing capacity to determine the extent of a loan to grant. d. All the answer choices are correct.
LTİP.E CHOICE. Choose the one alternative that best completes the statement or answers the 1) The uthoritative financial accousting standards-seting body in the United States is 1) presently the A) International Accounting Standards Board (IASB) B) Financial Accounting Standards Boand (FASB) C) Accounting Principles Board (APB) D) Securities and Exchange Coemmission (SEC) E) Public Coempany Accounting Oversights Board (PCAOB) 2) Which of the following are qualified to expeess an anoditor's opinion about an entity's2) financial statements? A) A Certified Public...
The statement of cash flows is: 11 Multiple Choice 3 points 92:27:30 A financial statement that reports the cash inflows and cash outflows for an accounting period, and that classifies those cash flows as operating activities, investing activities, or financing activities. Another name for the statement of financial position. A financial statement that presents information about changes in equity during a period A financial statement that lists the types and amounts of the revenues and expenses of a business for...
a. MULTIPLE CHOICE QUESTIO 1. Accountants refer to an economic event as a a. purchase. b. sale. transaction. d. change in ownership 2. The starting point of the accounting process is a. communicating information to users. b. identifying economic events. recording economic events. d. None of these answers are correct. 3. Communication of economic events is the part of the accounting process that involves identifying economic events. b. quantifying transactions into dollars and cents. preparing accounting reports. d. recording and...