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

Author Question: Decision makers sometimes may need to sacrifice precision for timeliness because (Read 8 times)

M1ch3a

  • Full Member
  • ***
  • Posts: 130
on: Feb 5, 2023

Question 1

Which of the following statements is not true?
◦ Managerial accounting reports often use historical information.
◦ Managerial accounting does not use estimates in preparing reports.
◦ Managerial accounting reports attempt to project the results of certain decisions.
◦ Managerial accountants use historical amounts in developing future projections.

Question 2

Decision makers sometimes may need to sacrifice precision for timeliness because
◦ receiving highly accurate information after the deadline has passed would be of no help.
◦ the nature of many business decisions requires precision in managerial accounting reports.
◦ receiving highly accurate information after the deadline has passed would enhance decision making for future periods.
◦ the nature of many business decisions focuses on the past rather than the future.
Managerial Accounting ¦ Davis ¦ 4th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by M1ch3a on Feb 5, 2023

labrinker

  • Full Member
  • ***
  • Posts: 162
Reply #1 on: Feb 5, 2023
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 45% of students answer this correctly


M1ch3a

  • Member
  • Posts: 130
Reply 2 on: Feb 5, 2023
Great answer, keep it coming :)

jomama

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

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

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Decision Making Decision Making
Clinical decision making for groups Clinical decision making for groups
Model of a nursing clinical decision support system Model of a nursing clinical decision support system
Priming Affects the Speed of Respones on a Lexical Decision Task Priming Affects the Speed of Respones on a Lexical Decision Task
Filippo Brunelleschi, Sacrifice of Isaac, competition relief commissioned for the doors of the ... Filippo Brunelleschi, Sacrifice of Isaac, competition relief commissioned for the doors of the ...
Checkpoints and proliferation decision points monitor the progress of the cell through the cell cycl Checkpoints and proliferation decision points monitor the progress of the cell through the cell cycl
Video: Monohybrid crosses

For a complete list of videos, visit our video library