Define profit oriented company.

Q: What are the main principles of managerial accounting?

A: Managerial Accounting: Managerial Accounting is the type of accounting that provides financial…

Q: Reputation of outcomes can play a role in the financial viability of an organization. Can you…

A: The financial growth and development of a corporation is an important objective and goal for a…

Q: objective of Managerial Accounting?

A: Managerial accounting is the system in which the method of accounting provides such statements or…

Q: Managerial accounting is a field of accounting that provides economic information for all interested…

A: Managerial accounting can be defined as a process under which information is identified, analyzed,…

Q: Describe the earning power of a company.

A: Earnings power of a firm: It could be a metric that transmits the capacity of a company to create a…

Q: How do companies add value, and what arethe dimensions of performance that customersare expecting of…

A: Step 1: The companies may add through the following things: Research and development, Proper…

Q: What objectives would you set for the company?

A: Objectives of a company means the mission or vision of the company for which the company operates…

Q: How does the financial strength of an organization influence decision making and outcomes

A: An organization decision making is influenced by several internal and external factors. Financial…

Q: What is opportunity cost and how does it affect the decision-making process for business decisions?

A: Discuss the opportunity cost and the way how it affects the decision making process for business…

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: What is the differences between finacial accounting and managerial accounting ?

A: Financial Accounting v/s Managerial accounting

Q: Evaluate the following statement: Do the ends of positive organizational consequences justify the…

A: Earning management is an accounting device that is used to produce the economic statements showing…

Q: Can managerial accounting play an important role in a nonprofit organization? Explain your answer.

A: Definition: Managerial accounting: Managerial accounting is a system, or a process of collecting and…

Q: Discuss the role of profit plan in implementing strategy.

A: Strategy: It is a plan of action that is framed to achieve the organizational overall goals.

Q: Give an example business and explain how you will apply methods/ approach below for the success of…

A: Market value approach of determination of the capital will be based on current market price of the…

Q: ow important profit center in managerial accounting

A: Profit Center - Profit Center is the individual unit operating independently from the main branch or…

Q: What is the importance of forecasting revenue and cost in the business?

A: The forecasting is a tool or technique that helps to forecasting the future revenue with the help of…

Q: Demonstrate how the Institute of Management Accountants may provide value to a company's operations.

A: The Institute of Management Accountants (IMA), the professional organization for management…

Q: nitng information fulfills the following purposes. Give an example of situation of profit…

A: Management accounting is also known as management-oriented accounting. Essentially, it is the study…

Q: Define managerial accounting

A: Accounting has its two branches; managerial accounting and financial accounting. Managerial…

Q: What are the functions of Management Accounting? Explain

A: Management accounting is the one which helps the managers within the company to make decisions and…

Q: Compare and contrast financial and managerial accounting.  In your own words

A: Financial accounting: Financial accounting is the process of recording, summarizing, and reporting…

Q: nizations? write down it's advan

A: There are 4 main types of business organization: sole proprietorship, partnership, corporation, and…

Q: What is the goal of organizational​ behavior? A. To change personalities in organizations B. To…

A: Organizational Behaviour: Organizational Behavior is an area of study that examines the effect that…

Q: Providing information about the performance and fi nancial position of companies so thatusers can…

A: Communicating financial information is one of the basic need of accounting. Its company’s…

Q: Define earnings quality.

A: Earnings quality refers to the ability of total income by predicting future earnings of the company.

Q: Define accounting profit

A: The profit earned by an entity after considering all the cost and expenses accruing to the entity…

Q: How does past knowledge of profit and loss impact your perspective on company management?

A: This Question deals with how does past knowledge of profit and loss impact your perspective on…

Q: Explain the meaning of customer value. How is focusing accounting? on customer value changing…

A: Customer Value: Customer value is the ratio between the supposed benefits of customer and the…

Q: Explain how the level at which decisions are made can have important long-run performance…

A: Managers' duty is to make important decisions on behalf of owners. There are different levels of…

Q: Distinguish between managerial and financial accounting on Users and decision makers

A:

Q: evaluate the potential investment opportunities to ensure that decisions reflect the needs of the…

A: It is a vital to evaluate an investment option as it helps minimize the risk and to anticipate…

Q: accounting profit definition

A: Double-entry accounting (Double-entry book-keeping): This is a system of accounting where a…

Q: How investment center important in managerial accounting

A: The process of using the financial information the entities' managers in order to make decisions is…

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: Why is goal congruence important to an organization’s success? How does a responsibility-accounting…

A:

Q: What is cost principle and give example of business situation of it

A: The cost principle is an accounting principle that requires assets, liabilities, and equity…

Q: Differentiate between business plan and business model?

A: A business plan is a composed depiction of things to come for a business in the future. It's a…

Q: Why is customer-profitability analysis an important topic to managers?

A: Customer profitability analysis helps management in allocating profitability to each customer, but…

Q: Justify managers' use of accounting rules in managing the company's profits.

A: To satisfy financial expectations and maintain a healthy stock price, managers may be pressured to…

Q: Discuss how your organization might evaluate potential investment opportunities to ensure that…

A: Way to assess investment opportunities: Risk-return of investments outline must match the…

Q: What is the relationship between the value chain and management accounting?

A: Managerial accounting refers to the practice of recognizing, estimating, breaking down, deciphering,…

Q: Describe the business functions in the value chain?

A: The concept of value chain was described by Micheal Porter which implies the set of particular…