BA 225 Final Exam Answers
https://homeworklance.com/downloads/ba-225-final-exam-answers/
QUESTION 1
1. What is the difference between financial accounting and managerial accounting?
QUESTION 2
1. Explain the two reasons why the shorter the payback period the more attractive the investment is when the payback technique is used?
QUESTION 3
1. Distinguish between a master budget and a sales forecast.
QUESTION 4
1. Explain the nature and importance of a job cost sheet.
QUESTION 5
1. Distinguish among operating, investing, and financing activities.
QUESTION 6
1. Managers’ activities and responsibilities can be classified into three broad functions. List and discuss each function.
QUESTION 7
1. Identify and discuss the relevant costs in accepting an order at a special price.
QUESTION 8
1. Smith & Company claims that the relevant range concept is only important for variable costs. Explain the relevant range concept and discuss whether you agree with Smith & Company.
QUESTION 9
1. What is a CVP analysis and how is it used in managerial accounting?
QUESTION 10
1. What is the difference between: unit-level, batch-level, product-level, and facility-level activities?
BA 225 Final Exam Answers
https://homeworklance.com/downloads/ba-225-final-exam-answers/
QUESTION 1
1. What is the difference between financial accounting and managerial accounting?
QUESTION 2
1. Explain the two reasons why the shorter the payback period the more attractive the investment is when the payback technique is used?
QUESTION 3
1. Distinguish between a master budget and a sales forecast.
QUESTION 4
1. Explain the nature and importance of a job cost sheet.
QUESTION 5
1. Distinguish among operating, investing, and financing activities.
QUESTION 6
1. Managers’ activities and responsibilities can be classified into three broad functions. List and discuss each function.
QUESTION 7
1....