Financial vs managerial - Study guides, Class notes & Summaries

HCAD 375 QUESTIONS AND ANSWERS ACCURATE What has led to increased HC costs? -Technology -Increased demand -Chronic disease -lack of prevention -fraud -labor shortages -uninsured -uneducated consumers What has led to decreased HC costs? -generic drugs -awareness/education -advances in medical treatment -increased communication -VBP -Regulations -cost-sharing 4 elements of financial management -Planning -Controlling -Organizing -Decision Making The Chart of...

stakeholder - ANSWER ☑☑person or entity that has an interest in the economic performance and well being of a business synonym of shareholder - ANSWER ☑☑stockholder, owner, investor accounting is a system of... - ANSWER ☑☑getting reliable information to some or all of the stakeholders financial vs managerial - ANSWER ☑☑financial (external) and managerial (internal) public accounting vs private accounting - ANSWER ☑☑public: work for a business that has business...

afm exam review questions & answers 2023/2024 undercapitalization - ANSWER-most common ways for businesses to fail accounting - ANSWER-recording, classifying, summarizing and interpreting transaction to provide management and stakeholders with the information needed financial events - ANSWER-buying supplies, paying employees, receiving a loan, selling product or service and paying expenses internal stakeholders - ANSWER-marketing, operations and human resource management staff (typ...

Balance Sheets Correct Answer-1. snapshot of resources (assets) and claims (liability+equity) 2. based on accounting equation Statement of Earnings (Income Statement) Correct Answer-- operating performance over period of time - Revenues and expenses Statement of Cash Flows Correct Answer-- flows of cash over time - Shows operating, investing, and financing activities Financial vs. Managerial Accounting Correct Answer-- Financial accy: users are external persons, has a historical per...

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...

WEBCE Life And Health (281 Questions) Complete With 100% Correct Verified Answers Newly Updated 2024 WEBCE Life And Health (281 Questions) Complete With 100% Correct Verified Answers Newly Updated 2024 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 ...

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...

Auditing Exam 1|359 Questions with Verified Answers 1. Which of the following would be considered an assurance engagement? a. Giving an opinion on a prize promoter's claims about the amount of sweepstakes prizes awarded in the past. b. Giving an opinion on the conformity of the financial statements of a university with generally accepted accounting principles. c. Giving an opinion on the fair presentation of a newspaper's circulation data. d. Giving assurance about the average drive len...

If the finished goods inventory decreases between the beginning and the end of a period, then the cost of goods manufactured for the period is larger than the cost of goods sold. T/F - ANSWERSFalse (Finished Goods T-Account) Predetermined overhead rates are based on actual cost and activity data. T/F - ANSWERSFalse (Total ESTIMATED manufacturing overhead cost/Total ESTIMATED cost driver) Since actual MOH is $20,000 less than estimated MOH, then overhead must have been over-allocated by $20...

Intermediate Accounting Exam 1 Review Questions With 100% Correct Answers Essential characteristics of accounting - answerthe identification, measurement, and communication of financial information about economic entities to interested parties Financial accounting - answerprep financial reports on entity for internal and external parties Managerial accounting - answeridentify, measure, analyze financial info needed by management to plan, control, and evaluate comp operations What are exa...