__________________is an example of the external financial reporting purpose of the costmanagement systems.
A: The cost of a manufacturing process
B: The product mix to optimize profitability
C: Theamount of inventory which should appear on the balance sheet
D: All of these answers are correct.
A: The cost of a manufacturing process
B: The product mix to optimize profitability
C: Theamount of inventory which should appear on the balance sheet
D: All of these answers are correct.
举一反三
- __________________is an example of the external financial reporting purpose of the costmanagement systems.
- Which accounts appear on which financial statement? Balance sheet Income statement
- Cost of goods sold will appear on which financial statement? A: statement of retained earnings B: balance sheet C: statement of cash flows D: income statement
- Which accounts appear on which financial statement? A: Balance sheet: Receivables, land, payablesIncome statement: Revenues, supplies B: Balance sheet: Cash, revenues, landIncome statement: Expenses, payables C: Balance sheet: Cash, receivables, payables Income statement: Revenues, expenses D: Balance sheet: Expenses, payables, cash Income statement: Revenues, receivables, land
- Firms that prepare their financial statements according to International Financial Reporting Standards (IFRS) are least likely to:（） A: revalues balance sheet assets upward. B: use last-in, first-out inventory accounting. C: use proportionate consolidation for a joint venture.