Business, 03.03.2020 19:59 alexismoore15567

For each user of accounting information, identify if the user would use financial accounting or managerial accounting.
a. investor
b. banker
c. IRS
d. manager of the business
e. controller
f. stockholder
g. human resource director
h. creditor

Answers: 2

Show answers

Answers

Answer from: guillianaroberts

a. Investor - Financial Accounting;

b. Banker - Financial Accounting;

c. IRS - Financial Accounting;

d. Manager of the business - Managerial Accounting;

e. Controller - Managerial Accounting;

f. Stockholder - Financial Accounting;

g. Human resource director - Managerial Accounting;

h. Creditor - Financial Accounting.

Explanation:

Requirement A - D

a. Investor - Financial Accounting - Investor decides after evaluating the past performance of a company whether to invest or not. They cannot provide any upper-level decisions.

b. Banker - Financial Accounting - Preparing financial statements or boosting company performance is the crucial working area for a banker. They cannot make a decision.

c. IRS - Financial Accounting - Internal Revenue Service deals with the financial statements of an organization and not deals with the organization's decision.

d. Manager of the business - Managerial Accounting - When a branch of an accounting discusses how to make managerial decisions to achieve the objective with the managers or administration, it is termed as managerial accounting. The manager of a business decides what the necessary things for a company are.

Requirement E - H

e. Controller - Managerial Accounting - The controller of an organization directly deals with the managers regarding various managerial decisions.

f. Stockholder - Financial Accounting - Stockholders cannot make any decisions. They can only give their opinions to alter the situation to maximize the value of the shares.

g. Human resource director - Managerial Accounting - Human resource director makes recruiting-related decisions that are internal. As managerial accounting deals with internal decisions, the human resource director is under the managerial accounting category.

h. Creditor - Financial Accounting - Creditors can ask for early payment, but they cannot urge the mangers to make any decisions.

Answer from: Quest

You have to buy paper to but into the scanner

Answer from: Quest

The answer would be b.

Other questions on the subject: Business

Business, 21.06.2019 20:30, bigJ4864

Goods and services that can be used for the same purpose are and goods and services that are used together are

Answers: 1

continue

Business, 22.06.2019 07:30, nanamath5662

Select the correct answer the smith family adopted a child. the adoption procedure took about three months, and the family incurred various expenses. will the smiths receive and financial benefit for the taxable year? a) they will not receive any financial benefit for adopting the child b) their income tax component will decrease c) they will receive childcare grants d) they will receive a tax credit for the cost borne for adopting the child e) they will receive several tax deductions

Answers: 3

continue

Business, 22.06.2019 08:10, toxsicity

Exercise 15-7 crawford corporation incurred the following transactions. 1. purchased raw materials on account $53,000. 2. raw materials of $45,200 were requisitioned to the factory. an analysis of the materials requisition slips indicated that $9,400 was classified as indirect materials. 3. factory labor costs incurred were $65,400, of which $50,200 pertained to factory wages payable and $15,200 pertained to employer payroll taxes payable. 4. time tickets indicated that $55,000 was direct labor and $10,400 was indirect labor. 5. manufacturing overhead costs incurred on account were $81,700. 6. depreciation on the company’s office building was $8,100. 7. manufacturing overhead was applied at the rate of 160% of direct labor cost. 8. goods costing $89,400 were completed and transferred to finished goods. 9. finished goods costing $76,000 to manufacture were sold on account for $105,100. journalize the transactions. (credit account titles are automatically indented when amount is entered. do not indent manually.) no. account titles and explanation debit credit (1) (2) (3) (4) (5) (6) (7) (8) (9) (to record the sale) (to record the cost of the sale) click if you would like to show work for this question: open show work

Answers: 1

continue

Business, 22.06.2019 09:00, aubreyfoster

What should a food worker use to retrieve ice from an ice machine?

Answers: 1

continue

You know the right answer?

For each user of accounting information, identify if the user would use financial accounting or mana...