Financial vs managerial Study guides, Class notes & Summaries

WEBCE Life And Health (281 Questions) With 100% Correct Verified Answers GRADED A Representations and Warranties - Correct Answer-Representations are statements theapplicant makes on an application that are deemed to be true to the applicant's best knowledge. Warranties are statements the insurer makes in the contract. Underwriting vs. Actuarial Departments - Correct Answer-Two related insurance company functions. Throughthe process of , applications are assessed forinsurability andtoass...

Managerial Accounting Chapter 1, 2, and 3 Exam 2023 What is managerial accounting? - ANS-partnering in management and decision making Devising planning and performance management systems Providing expertise in financial reporting and control Managers Three primary Responsibilities - ANS-Planning Directing Controlling Financial vs managerial accounting - ANS-Managerial is internal, deals with managing, and all reports are seen as important by management. Reports can change based on ...

WGU C432 Healthcare Management and Strategy Graded A+ How can focusing on operational efficiency blind leaders to the strategic needs of their organizations? Too focused on operating rather than on their strategy and needs. Operating vs. processes to fulfill their strategy. What are the disadvantages of ignoring strategy? Not fulfilling their mission, vision, and values. How do healthcare organizations differ in their use of strategy compared to other industries? Many healthcare organizations...

Accounting Chapter 1 2023 Update Management Accounting / Managerial Accounting - the Institute of Management Accountants - A profession that involves partnering in management decision making, devising planning and performance management systems, and providing expertise in financial reporting and control to assist management in the formulation and implementation of an organization's strategy Financial Accounting - financial statements must be in accordance with Generally Accepted Ac...

3 Essential Characteristics of Accounting 1. identification, measurement, and communication of financial information about 2. economic entities to 3. interested parties Financial Accounting process of preparing financial reports for use by the internal and external users Brainpower Read More Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:01 / 0:15 Full screen Managerial Accounting process of identifying, measuring, analyzing, and communicat...

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' ...

where does capital come from (3) - investors creditors(lenders) business itself (from earnings retained) 2 main types of accounting - financial and managerial managerial accounting - gather and analysis of information for internal use and decision making. financial accounting - gather, report, analysis of information for external users- investors and creditors. summary of a business what does managerial accounting review - product cost, breakeven analysis, budgeting, performance analysi...

Representations and Warranties - Representations are statements the applicant makes on an application that are deemed to be true to the applicant's best knowledge. Warranties are statements the insurer makes in the contract. Underwriting vs. Actuarial Departments - Two related insurance company functions. Through the process of _________, applications are assessed for insurability and to assign premium rates. The ________ department analyzes data to help estimate future losses and to produce...

OAM 331 Exam 1 Latest 2023 Graded A+ Honda A Logic -fully integrated manufacturer - salves vol obj - innovation to production fast Honda B Entrenpueral spirit and grit -didn't sell bigger bikes -> pivot to smaller super cubs -meet nicest people on a honda honda used ___________ for success to US motorcycle - mass production / market -labor productivity -dealer network -low cost Strategy set of activities that work together to create sustainable competitive adv British Motor problems -mec...

92Y Supply SGT Board Questions and Answers 100% Pass GFEBS (General Fund Enterprise Business System) the Army's financial system. this is the system used to place PR's (purchase request) for you to use you GPC Card Global Combat Support System - Army (GCSS-Army) the tactical logistics system. This took the place of PBUSE and SAMS-E. It is the system you will use for property accountability. To create SLOC's(storage locations, which used to be called sub hand receipts) and component hand rece...