Managment accounting - Study guides, Revision notes & Summaries

PHR EXAM REVIEW QUESTIONS AND ANSWERS LATEST UPDATED (100% VERIFIED)PERT Chart (Program Evaluation and Review Technique) - AnswerWhich of the following BEST shows a project's critical path? Identifying threats and opportunities - AnswerWhich of the following is an integral part of strategy development? SHRM - AnswerLargest HR-related professional organization in the world? Formerly known as American Society for Personnel Administration Supply Chain - AnswerNot commonly performed by the H...

Profit maximization as a goal of the firm: a. is an economic principle and not an accounting one b. is superior to other goals that could be pursued c. maximizes the wealth of the owners d. does not consider cash flow or risk - correct answer d. does not consider cash flow or risk Wealth maximization as a goal of the firm: a. is usually discounted by bondholders b. takes a long-run perspective and focuses on the owners of the firm c. is a long-run p...

BA105 Exam Questions with All Correct Answers revenue - Answer-incoming money Expenses - Answer-the costs of operating a business profit - Answer-The financial gain made in a transaction Calculating Gross Profit - Answer-net sales - cost of goods sold Calculating Net Income - Answer-Revenues - Expenses Good vs. Service economy - Answer-economies shift over time from goods to services, we are more of a service world Marketing - Answer-works to identify and satisfy customers' n...

Suite Foundation Final Exam Questions With Answers (Complete 2023/2024 Rated 100%). What is the Order Management Workflow Process? 7 steps - ANSWER 1.) Enter Quote, 2.) Convert Quote to Order, 3.) Need Approval? - Then Approve, 4.) Place Order , 5.) Fulfill order, 6.) Create Invoice, 7.) Accept Payment Order Managment: Works with all sales orders with pending fulfillment status. If all items are fulfilled, then _____ ______, if items are partially fulfilled, then the order will be ______ __...

Full Service Hotels correct answers a sample of all the moving parts in a hotel offerings range form minimal to opulent, depending on the service level of the hotel Managing a Hotel correct answers the focus is the guest, the employees, and the investors satisfied guests= revenue Priorities of Hotel Management correct answers happy guests spend more money satisfied and engaged employees make guests happy Moments of Truth correct answers quality is 100% subjective -"take care of yo...

A successful entrepreneur: - -sees and seizes a commercial opportunity -tends to be optimistic -plans to obtain physical, financial and human resources needed for venture to succeed Principles of Entr Finance: #1 - real, human and financial capital must be rented from owners -the time value of is an importnat component of the rent one pays for using someone elses financial capital -when you rent the money, it cant be rented to others, and you must expect to compensate the money owner for...

Cost allocation overview: what is the logical allocation of acquiring property, plant and quipment and intangible assets - correct answer Property plant and equipment and intangible assets are purchased with the expectation that they will provide future benefits and are acquired specifically to be used as part of the revenue generating expenses so logically the costs of acquiring the assets should be allocated to expense during the reporting periods benefited...

Healthcare Finance - Answer: is the practice of finance, including both accounting and financial management, within health services (provider) organizations Accounting - Answer: concerns the measurement, in financial (dollar) terms, of events that reflect the resources, operations, and financing of an organization Financial managment - Answer: provides the theory, concepts, and tools necessary to help managers make better financial decisions Business characteristics - Answer: -obtai...

FMF LCE CHEAT SHEET 133 WITH COMPLETE SOLUTIONS 100% Whats the mission of supply battalion? - correct answer to provide general support except bulk fuel and navy funded stock programs and distribution management to sustain the MAGTF how many companies are in supply battalion? - correct answer 4 Whats the acronym to remember the 4 companies of supply? - correct answer MASH what are the 4 companies of supply? - correct answer M- Med LOG A- Ammo S- Supply H- HQ how many task of su...

Why is cost accounting so important in health care? Correct Answer Though costs have such a minor role in deermining prices, cost accounting is very important in a healthcare organization. Because reimbursment is predetermined, managment must focus primarily on finding ways tomanage cosgts, so cost accougtning is critical. Cost information is uselful to a variety of key decisionmakers in a healthcare organization. Different concepts of cost are required for different purposes. Thefore it is impo...