FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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- Now, consider emerging trends in business today. How should the discipline of managerial accounting evolve to meet the changing needs of organizations? Be specific. Suggest specific accounting information needs that you feel managers have in the current business environment.arrow_forwardOrganizational charts ________. Group of answer choices list the salaries of all employees outline the strategic goals of the organization show the structure of an organization help management measure financial performancearrow_forwardResearch a company you are familiar with, either in person or online, and determine what the company uses as a source document to input data into their Enterprise Resource Planning (ERP) system. Examples could be a purchase order or a new account form. Explain what the forms are used for and determine if the same documents can be used for a manufacturing company and a retail or service company.arrow_forward
- Helparrow_forwardReviewing high level processes, interviewing, understanding the business is part of the _____ phase. Group of answer choices Survey Planning Work program Reportingarrow_forwardList and describe the major steps a business should follow in developing a new accounting information system (i.e., the phases of the system’s development life cycle). Be thorough in your answerarrow_forward
- Review the imanet.org website to research more information about the Certified Management Accountant (CMA) certification. Choose one of the following questions to discuss: Discuss what you think the benefits of having the CMA certification are and what value a CMA brings to companies. Using the internet or other resources to research other accounting certifications, pick two other accounting certifications and compare them to the CMA. Do you think a certification only allows a professional to work in one field of accounting or another, or do the certifications cross subfields of accounting? Are there benefits to professionals pursuing more than one certification? Why or why not? Which certification do you personally find most interesting and valuable? Discuss what you think the benefits of having the CMA certification are and what value a CMA brings to companiesarrow_forwardThere are several different areas of accounting. What type of accounting focuses on providing information to management so they can make better strategic decisions? Multiple Choice Internal Auditing Managerial Accounting Tax Accounting Financial Accounting External Auditingarrow_forward
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