Managerial Accounting: Activity-and Strategic-Based Responsi

Related BrainMass Solutions

• Principles of Managerial Accounting

  Variable costing is used for managerial decision making. 7. Activity Based Costing: In activity based costing costs are assigned to products or services based on resources that they consume.

• why accounting has a broader role

  Since Claire's Antiques is a small company, you will responsible for all of its accounting functions related to financial and managerial accounting.

• accounting information

  The managerial accountant uses technology like software for activity based accounting, managerial accounting software and business management software to develop information that is required by management.

• Activity-based responsibility accounting

  Which is NOT a major difference between activity-based measures and strategic-based measures? c. Strategic-based measures are balanced measures. Response discusses about the activity-based responsibility accounting

• clear expectations and smooth communication

  For this management accounting provides tools like variance analysis, activity based costing, and resource consumption accounting. The managerial reports are future looking and so are used for forecasting.

• Discuss the role of the financial accounting and managerial accounting functions in organizations and some of their job responsibilities.

  The tools used by managerial accountants to achieve their goal of decision support are such things as budgets, activity-based costing (ABC) and financial planning. Managerial accounting is designed for internal use by a firm's managers.

• Role of financial and managerial accounting

  Activity-based acccounting is also known as Cause and Effect accounting.

• Managerial Accounting and Activity-Based Costing

  197725 Managerial accounting I need help for exercises 8-1; 8-2; 8-3; 8-4; AND 8-5; (Activity-Based Costing: A Tool to Aid Decision Making) from strayer university accounting book, (managerial Accounting-ACCT 560/561) ISBN- 13: 978-0-07-723480-5 or ISBN

• Activity Based Costing- Farm Financial Case Study

  A hypothetical sole-proprietor, the Farmer family owns and operates a corn and soybean farm. Searching for a managerial accounting system solution, Mr.