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 53 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
Excellent

matt95

  • Member
  • Posts: 317
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Model for evidence-based clinical decision making. Model for evidence-based clinical decision making.
Clinical decision making for groups Clinical decision making for groups
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 ...
Example of a choice board used in studies of decision making. This one includes four factors for ... Example of a choice board used in studies of decision making. This one includes four factors for ...
Field Triage Decision Scheme Field Triage Decision Scheme
Video: Stroke volume - afterload definition & hypertension

For a complete list of videos, visit our video library