Questions from Managerial Accounting

Q: According to a recent Statement on Management Accounting (SMA), what

According to a recent Statement on Management Accounting (SMA), what are some of the potential benefits of a strong ethical business climate?

Q: Why are businesses starting to incorporate sustainability into their business model?

Why are businesses starting to incorporate sustainability into their business model?

Q: What factors does sustainability accounting include that traditional accounting systems do not

What factors does sustainability accounting include that traditional accounting systems do not?

Q: Silver Company manufactures kites and has the following information available for the

Silver Company manufactures kites and has the following information available for the month of April: Required: Using the weighted-average method, complete each of the following steps: 1. Reconcile th...

Q: What three factors make “big data” difficult to analyze using

What three factors make “big data” difficult to analyze using traditional tools such as spreadsheets and databases.

Q: Describe the three types of analytics. Give an example of how

Describe the three types of analytics. Give an example of how a manager at California Pizza Kitchen might use each type of analytics.

Q: Think about all of the choices you make on a day-

Think about all of the choices you make on a day-to-day basis: everything from driving versus riding a bike to school or deciding where to have lunch. Pick three decisions you have made today. Identif...

Q: Why is it important for managers to be able to determine the

Why is it important for managers to be able to determine the cost of a particular item? Name one decision that a company might make using cost information.

Q: Explain the difference between a direct cost and an indirect cost.

Explain the difference between a direct cost and an indirect cost. Take a look at your purse or wallet. Name two direct costs of making your purse or wallet. Name two indirect costs of making it.

Q: Explain the difference between fixed and variable costs. Give an example

Explain the difference between fixed and variable costs. Give an example of a cost that varies with the number of miles you drive your car each week and an example of a cost that is fixed regardless o...