Classify the following activities as primarily managerlal accounting or financlal accounting: a Preparing a cash budget for the next quarter. b. Analyzing the profitability of a request from a potential customer. C Accumulating the transactions for the previous six months to prepare an income statement. d. Preparing a weekiy performance report for the branch manager. e Preparing an announcement to be released to the financial analysts.

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter9: Responsibility Accounting And Decentralization
Section: Chapter Questions
Problem 5PA: Financial information for BDS Enterprises for the year-ended December 31, 20xx, was gathered from an...
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Classify the following activities as primarily managerlal accounting or financlal accounting:
a. Preparing a cash budget for the next quarter.
b. Analyzing the profitability of a request from a potential customer.
c. Accumulating the transactions for the previous six months to prepare an income statement.
d. Preparing a weekly performance report for the branch manager.
e. Preparing an announcement to be released to the financial analysts.
Transcribed Image Text:Classify the following activities as primarily managerlal accounting or financlal accounting: a. Preparing a cash budget for the next quarter. b. Analyzing the profitability of a request from a potential customer. c. Accumulating the transactions for the previous six months to prepare an income statement. d. Preparing a weekly performance report for the branch manager. e. Preparing an announcement to be released to the financial analysts.
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