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Q: Investors and financial analysts wanting to evaluate the operating efficiency of a firm's managers would primarily look at what type of ratios?
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Continue Learning about Accounting

Cost accounting and financial accounting?

Financial accounting refers to the branch that prepared financial reports (known as financial statements) that are for general use. Primarily however, they are prepared for external users (owners, investors, government, suppliers, creditors). The goal of financial accounting is to provide financial statements that follow generally accepted accounting standards or GAAP. Cost accounting is the branch that focuses on manufacturing costs, i.e. direct materials, direct labor, and factory overhead. It is often considered part of management accounting, the branch that provides information for internal purposes and focuses on helping management make decisions instead of strictly complying with GAAP. Cost accounting deals with manufacturing concerns.


Which financial statement is primarily concerned with reporting the profit-related activities of a business?

Statement of Cash Flows


What do internal auditors do?

Internal auditors are primarily involved in completing operational and compliance audits, although some perform financial audits of segments of their companies.


What composes of current liabilities?

A liability shall be classified current when:The entity expects to settle the liability within the entity's operating cycle.The entity holds the liability primarily for the purpose of trading.Liability due to be settled must be within twelve months after the reporting period.The entity does not have the conditional right to defer settlement for at least twelve months after reporting period.Reference: 2014 Edition, Financial Accounting Volume two


Which group uses accounting information primarily to ensure the entity is operating within prescribed rules?

Regulatory AgenciesSource (Essentials of Accounting, 4th Edition. John Wiley & Sons p. 7).

Related questions

Investors and financial analysts wanting to evaluate the operating efficiency of a firm's managers would probably look primarily at the firm's?

Investors and financial analysts wanting to evaluate the operating efficiency of a firm's managers would probably look primarily at the firm's Asset Utilization Ratios.


Investors and financial analysts wanting to evaluate the operating efficiency of a firm's managers would probably look primarily at?

asset utilization


What are advocates of deregulation are primarily concerned with?

Efficiency


Which of the following operating systems is used primarily is used primarily?

The primary


Which operating system is used primarily with mainframes as a network operating system?

Unix


What operating system is used primarily with mainframes as a network operating system?

UNIX


What is a real estate syndication?

Primarily a Real Estate Syndication is a group of real estate investors who come together - pooling their intellectual and financial worth, as a means of taking on a larger Real estate development project then they could individually.


Is Managed Forex available to both traders and investors?

Managed Forex accounts are meant primarily for investors who wish to diversify their portfolios. It also helps investors get started in investing with lower costs than real estate


Which operating systems is used primarily for networks?

Windows


The IPXSPX protocol was used primarily in which operating system?

NetWare


What operating systems are designed primarily to maximize resource utilization?

Mainframe !!!


What school teaches primarily financial reporting?

Schools that primarily teach financial reporting are business schools. This includes schools like Stanford Graduate School of Business and Harvard Business School.