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What decisions does the break-even point help an organization make?
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What are the characteristics of management accounting?
Management accounting is focused on helping managers make decisions about the organization. Characteristics of management accounting include: identifying, measuring, analyzing, interpreting, and communicating information in order to help the organization reach its goals.
Can someone help me solve this breakeven problem The break-even sales revenue for a product costing 25 per unit is 550000 If budgeted sales are 10000 units what is the margin of safety?
Budgeted sales = 10000 * 25 = 250000 breakeven sales = 550000 margin of safety = 550000 - 250000 = -300000
How do computers help businesses?
Managers in business use computers to help them make decisions. Based on data computers computer, managers can make quicker decisions for the business.
Why are reports indispensable documents in business?
Reports are indispensable to business because they help to provide an overview of the financial health of the organization. They help in planning for the future needs of the business. Reports help managers to see the bigger picture in the organization.
Is it true that the sole purpose of accounting is to help managers evaluate the financial condition of the firm so that they may make better decisions?
No. Accounting information is used by managers to make decisions and plans; but it is also commonly used by investors to make investment decisions and creditors (such as banks) to make lending decisions.
How do information systems help an organization?
Information systems help an organization by providing important data. Executives can make decisions based on the data provided that will be more beneficial for the company.
What are the role of Information System manager?
Information systems managers help manage the information systems department in an organization. They also help make decisions regarding types of information systems the organization will need.
What are the poetic elements of the song Breakeven by The Script?
The poetic elements in "Breakeven" by The Script include imagery (e.g., "falling to pieces"), repetition (e.g., "going through the motions"), and metaphor (e.g., "breakeven point" to symbolize emotional balance). The lyrics also convey raw emotions and introspective themes such as heartbreak and resilience.
What is the purpose of the Junior Achievement organization?
Junior Achievement is a US organization. It is dedicated to help give younger individuals a sense of guidance in making appropriate economic and academic decisions.
How do information systems help organizations?
Information systems help an organization by providing important data. Executives can make decisions based on the data provided that will be more beneficial for the company.
First point of contact?
The first point of contact typically refers to the initial interaction or encounter a person has with a business or organization. This can occur through various channels such as a website, social media, phone call, or in-person visit. The goal of the first point of contact is to make a positive impression and begin building a relationship with the individual.
What are the characteristics of management accounting?
Management accounting is focused on helping managers make decisions about the organization. Characteristics of management accounting include: identifying, measuring, analyzing, interpreting, and communicating information in order to help the organization reach its goals.
How Decision Support Systems can help a company in pricing and profitability?
Decision support systems help managers analyze information within the organization. Based on this information, managers can make better decisions about pricing and profitability.
Why a clear mission statement acts as an invisible hand?
Mission Statements are supposed to explain what an organization does, or why an organization exists. A clear mission statement helps workers understand how they can contribute to what the organization does. Thus, like an invisible hand, the clear mission statement leads people in a particular direction, guiding them to make decisions that help accomplish the organization's mission.
In what sense does the top management of company make the company's decisions verses in what sense do they not make the company's strategic decisions alone?
"http://wiki.answers.com/Q/What_sense_the_top_management_makes_the_company%27s_decision_and_in_what_sense_does_not_make_company%27s_strategic_decision_alone_illustrate_with_suitable_examples" [http://wiki.answers.com/help/answering_questions
Can someone help me solve this breakeven problem The break-even sales revenue for a product costing 25 per unit is 550000 If budgeted sales are 10000 units what is the margin of safety?
Budgeted sales = 10000 * 25 = 250000 breakeven sales = 550000 margin of safety = 550000 - 250000 = -300000
Why is the value and contribution of leadership to the success and competitive positioning of business organizations?
Leaders will make decisions for the organization that will create more revenue. Many business decisions developed by leaders will also help create a competitive advantage because they have the ability to leverage the knowledge they know about their competitors.
