This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following is a reason for companies to use absorption costing for internal accounting? (Read 63 times)

jho37

  • Hero Member
  • *****
  • Posts: 531
on: Mar 6, 2021
Which of the following is a reason for companies to use absorption costing for internal accounting?
◦ It is the required inventory method for internal accounting as per GAAP.
◦ It measures the cost of all resources, whether manufacturing or nonmanufacturing, necessary to produce inventory.
◦ It does not take into account fixed manufacturing overhead while valuing inventory and hence is more suited for decision making.
◦ It can help prevent managers from taking actions that make their performance measure look good but that hurt the income they report to shareholders.
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jho37 on Mar 6, 2021

braelync

  • Sr. Member
  • ****
  • Posts: 350
Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly


jho37

  • Member
  • Posts: 531
Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review

miss_1456@hotmail.com

  • Member
  • Posts: 289
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

Medication errors are three times higher among children and infants than with adults.

The stomach. Longitudinal view showing regions and internal structures. The stomach. Longitudinal view showing regions and internal structures.
Internal structures of main sequence stars, convection zones with arrowed cycles and radiative zones Internal structures of main sequence stars, convection zones with arrowed cycles and radiative zones
Internal Renal Anatomy Internal Renal Anatomy
Evolution of internal membranes Evolution of internal membranes
Bacteria with Internal Membranes Bacteria with Internal Membranes
Video: Inflammation

For a complete list of videos, visit our video library