Which of the following is not a management accounting report? A.Income statement B.Sales forecast C.Cost report D.Budget
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Which of the following is not a management accounting report?
A.Income statement
B.Sales
C.Cost report
D.Budget
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- What are the key differences between financial accounting and managerial accounting?Accounting In which part of the category you put cost accounting, inventory management and budgeting?Which file has as its primary purpose to provide historical financial data for comparative financial reports? a. journal voucher history file b. budget master file c. responsibility file d. general ledger history file
- Financial accounting deals with the following except Select one: a. Prepares the budgets and estimates cost volume profit relationships b. preparation of financial statements C. Analysis of transactions, journalizing, ledger posting d. retained earnings statements, cash flow statementsUnder the historical cost accounting model the financial statement that is regarded as the most important is: Select one: a. Balance sheet b. Cash flow statement c. Income statement d. They are all equally importantWhich of the following are not tools of management accounting a. Cash Flow Statement b. Ratio Analysis c. Process Costing d. Funds Flow Statement
- Which of the following is not a function of accounting? Interpreting Bookkeeping Budgeting Od ReportingWhat of the following is not a step in the general ledger and financial reporting cycle? a. Prepare budgets b. Updating the general lodger c. Reconding adjustments in the general ledger d. Backing up data in the general ledger systemHow different in management accounting from cost accounting? Provide a brief commentary in two paragraphs.