The Marketing department is involved in which step(1,2,3,4,5) in the Operation Cycle?

Q: What are unit-level, batch-level, product-level, customer-level, and organization-sustaining…

A: ABC method: ABC method is activity based cost accounting. It's the new method of accounting where…

Q: Introduction to business

A: Answer -    Correct Option is Option D - Planning & Controlling.

Q: techniques used in management accounting.

A: Budgeting is the tool of management accounting to forecast future operational revenues, costs and…

Q: Standard cost systems facilitate the management practice known as  A) management development. B)…

A: Management development is a  process of development of the individuals by providing them training…

Q: ____________________emphasizes detailed segment reports about departments, customers, products, and…

A: Managerial accounting: Managerial accounting refers to the practice of identifying, measuring,…

Q: how do management control systems contribute to i) Cost Management i) Planning and Control iI)…

A: A management Control system may be defined as an oraganizational framework under which an…

Q: describe the connection between the management process planning, feedback, controlling

A:

Q: The steps of the plan–do–check–act cycle and how each step defines a unique purpose and role for…

A: Strategic management is important in business because it allows a company to discover areas where it…

Q: Trace the development of the marketing concept and how it is implemented.

A: Marketing concept is defined as the preoccupied along with an idea of the satisfying the requirement…

Q: management’s philosophy and operating cycle ________

A: Internal controls are the instruments, rules, and techniques carried out by an organization to…

Q: Distinguish between customer-response time and manufacturing cycle time.

A: Customer response time: Customer response time is the time lag between the receipt of an order and…

Q: Explain the difference between FIFO and LIFO methods . Provide example for each method. The subject…

A: Difference between FIFO and LIFO methods No. FIFO LIFO 1) In FIFO method the stock brought…

Q: What is the beginning & end function of management process? a. Directing & Controlling b.…

A: Functions of management process - Planning  organizing  leading controlling

Q: There are two primary tools used to forecast and set in action a company plan. Which of the tools…

A: The income statement is an important tool for forecasting and predicting the future state of affairs…

Q: The area of management concerned with designing and overseeing the process of production is which of…

A: Operations management is the management of operational processes inside a company to make the…

Q: Describe the decision making process in management accounting.

A: The decision-making process includes a series of steps which are followed in making a decision for…

Q: Management accounting is a structure for: a. Costing b. Accounting c. Decision making d. Management

A: Management accounting helps in preparation of reports and helps in decision making process for the…

Q: Which function of Management is concerned with an effective procurement of human resources and…

A: Answer: option (a) Staffing is one of the significant functions of management.it is a continuous…

Q: What is the key feature of activity-based responsibility accounting? Briefly explain.

A:

Q: For each of the following support departments, identify a cost driver that could be used for…

A: A cost driver seems to be the source of a cost that has an impact on the overall cost. For instance,…

Q: Describe why sales and operations planning teams are cross fuxntions ?

A: Sales is basically concerned about exchange of a product or service for either any product, service…

Q: Assume you have just been hired as the management accountant in charge of providing your firm’s…

A: Value chain is the model of business, which states the activities full range required to create the…

Q: marketing

A: Marketing-:Marketing is usually about all the activities that a firm undertakes to stimulate the…

Q: What is meant by the following statement? “Managerial accounting often serves an attention-directing…

A: Managerial accounting:   Management accounting is a practice where by management reports and…

Q: what kind of decision that management accounting is used for?

A: According to Cost and Management Accounts, London, "Management Accounting is concerned with the…

Q: What is task data dependency? (this is related to Accounting Information Systems

A: Accounting Information system is a set of components used for gathering, making, storing, preparing,…

Q: Describe the purpose of managerial accounting.

A: Managerial Accounting: Managerial Accounting is mainly concerned with internal users of the…

Q: a) Distinguish between Production management and Operations Management. h) Distinguieh between…

A: Introduction:- The main objective of production and operations management is to adequately operate…

Q: Based on the assignment and what you know about management accounting, what do you believe is the…

A: Management accounting :             The branch of accounting which facilitates the information from…

Q: What types of management reports are prepared by the cost accounting system?

A: Definition: Cost accounting systems: It is a system which measures, record, and reports the product…

Q: the course tittle of this assignment from is:- Advanced cost and Management Control System 1.…

A: SOLUTION- Managerial accounting is an internal business function responsible for managing a…

Q: What is CVP and four uses of it? The subject is Managerial Accounting.

A: Cost-volume-profit (CVP) analysis is used to determine how changes in costs and volume affect a…

Q: A department is a subdivision of a business that specializes in performing a major function such as…

A: Business can be dividend into three types. Service business Manufacturing business Retail business…

Q: Classify which area in the organization these functions belong: Finance, Accounting, Marketing,…

A: Various department of the company does various function for example production department is related…

Q: Which of the following is usually included in a business plan? a) Detailed description of the…

A: Business plan is a written documents which contains goal and objectives of the company to achieve.

Q: How does the operations manager use the production report to make business decisions?

A: The production report is the report which outlines the number of units produced, the cost of…

Q: Keeping in mind the management Accounting control system (MACS) can you relate the customer demand…

A: Management Accounting Control System (MACS) :        It is a control system used by the organization…

Q: a. Differentiate between a department with line  responsibility and a department with staff…

A: a. Difference between a department with line responsibility and a department with staff…

Q: Classify the following activities as per value chain analysis: 1.Communication, pricing and channel…

A: Value chain analysis are classified in two types of activities namely primary and secondary…

Q: is the delivery of products or services to customers. O a. Distribution O b. Customer service O c.…

A: Lets understand all the terms mention in the question to determine right answer. There are various…

Q: The term Supply Chain Management refers to: Designing a product Designing, producing and delivering…

A: Supply chain management refers to the flow of goods right from procuring the raw materials to…

Q: Human Resources Accounting is a tool of management accounting

A: Human Resources Accounting is the accounting of costs incurred relating to recruitment, retention…

Q: At what level of management is the long-range planning function most important? a. at top management…

A: Long range planning means financial and other plans being made in the business for substantially…