Management accountants would not assist in budget planning. prepare reports primarily for external users. be concerned with the impact of cost and volume on profits. determine cost behavior.

Stagflation in the 1970s is most associated with:

Metro Inc. has two production departments (Lamination and Molding) and three service departments (Human Resources, Technology Support, and Purchasing). Service department costs are allocated to production departments using the direct method.

One of your new suppliers, Kim, has been hearing rumors about your firm's lack of capability to deliver high quality products and writes an email asking you to address the claims being made.

If Temper Company, a manufacturer of mattresses, was considering moving its production facilities to China but decided against it because the additional costs of shipping the mattresses back to the U. S.

Smith buys and sells securities. On December 15, 2018, Smith purchased $507,000 of Jones shares and elected the fair value option to account for the Jones investment. As of December 31, 2018, the Jones shares had a fair value of $606,000.

Richard hires Paul to paint his kitchen in two eight-hour days of work for $500. At the end of the first day, the kitchen is 85 percent complete. Richard asks Paul to stay late and finish.

A manager demonstrates when he listens carefully to his subordinates and works to build trusting relationships.

On March 1, 2017, Boyd Company acquired real estate, on which it planned to construct a small office building, by paying $80,000 in cash.

A. Assume that the risk-free rate is 8 percent, the required rate of return on the market (or an average-risk stock) is 13 percent, and the required rate of return on Acme Healthcare stock is 15 percent.

taxes: a. are unlikely to affect market supply and demand b. are copmulsory payments to governments c. never affect efficiency in the allocation of resourcesd. are voluntary payments to governments