How do owners and shareholders utilize process costing data? A.) Owners and shareholders utilize process costing data to track costs. B.) Owners and shareholders utilize process costing data to control inventory. C.) Owners and shareholders utilize process costing data to create sales goals. D.) Owners and shareholders utilize process costing data to determine how well a manager is controlling costs.

What are the keys for a managerial accountant in decision-making with differential analysis, product pricing, and activity based costing?

Explain why knowledge of cost behavior is important for managerial decision making

– Based on the assignment and what you know about managementaccounting, what do you believe is the purpose of a cost element? - What is one advantage of creating a vendor master record?

The two dimensions of managerial accounting are:a. decision-facilitating and decision-influencingb. decision-facilitating and financial-influencingc. decision-influencing and profit-maximizingd. cost-minimizing and profit-maximizinge. decision-influencing and cost-minimizing

Definition of Management Accounting along with any other relevant concepts and the relationship between management accounting and the costing technique used such as the traditional technique and ABC

. It is an important use of managerial accounting   a. determine direct cost by adding direct materials  b. understand customer orientation c. recast budgeted statements according to a situation d. change variables of risk internally and externally

A major focus of managerial accounting is the development of costing information. True or False

The ____ costing system is the most useful system for management in planning ang controlling business activities such as in the use of CVP analysis and inventories management.   A. Absorption B. variable C. job order D. standard

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