which of the following describes the primary objective of financial accounting?
a. to provide useful financial information about a business to help internal parties
make informed decisions
b. to provide information about a business' future business strategies
c. to provide useful financial information about a business to help external parties
make informed decisions
d. to provide useful financial information only to stockholders
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, to provide useful financial information about a business to help external
parties make informed decisions
Which factors influence pricing decisions?
a. customers
b. cost
c. competitors
d. all of the answer choices are correct
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all of the answer choices are correct
A $3.00 increase in a product's variable expense per unit accompanied by a $3.00
increase in its selling price per unit will:
a. have no effect on the break-even volume
b. decrease the contribution margin
c. have no effect on the contribution margin ratio
d. none of these answers are correct
Give this one a try later!
have no effect on the break-even volume
The usual starting point for a master budget is:
a. the direct materials purchase budget
b. the sales forecast or sales budget
a. to provide useful financial information about a business to help internal parties
make informed decisions
b. to provide information about a business' future business strategies
c. to provide useful financial information about a business to help external parties
make informed decisions
d. to provide useful financial information only to stockholders
Give this one a try later!
, to provide useful financial information about a business to help external
parties make informed decisions
Which factors influence pricing decisions?
a. customers
b. cost
c. competitors
d. all of the answer choices are correct
Give this one a try later!
all of the answer choices are correct
A $3.00 increase in a product's variable expense per unit accompanied by a $3.00
increase in its selling price per unit will:
a. have no effect on the break-even volume
b. decrease the contribution margin
c. have no effect on the contribution margin ratio
d. none of these answers are correct
Give this one a try later!
have no effect on the break-even volume
The usual starting point for a master budget is:
a. the direct materials purchase budget
b. the sales forecast or sales budget
