What information from the income statement and balance sheet would help a manager for a musical group manage the group more effectively- what might be helpful for the manager to know?
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What information from the income statement and balance sheet would help a manager for a musical group manage the group more effectively- what might be helpful for the manager to know?
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- Which of the following key decisions is a financial manager likely to make? A. Manage the promotion and positioning of a brand or product B. How much finance should be raised C. Plan and coordinate an organization’s workforce D. What production method to use for a new productExplain what a manager might find useful information from their comppany's income statement and balance sheet in planning and carrying out an advertising campaign.Organizational charts _____. A. list the salaries of all employees B. outline the strategic goals of the organization C. show the structure of an organization D. help management measure financial performance
- Organizational charts ________. Group of answer choices list the salaries of all employees outline the strategic goals of the organization show the structure of an organization help management measure financial performanceIn discussing a firm's latest financial statements, a manager says that it is the "results on the bottom line" that really count. What does the manager mean?Discuss the role of management accountant in the current business environment. Your answer should include a discussion, with illustration, on how the management accountants support the management functions.
- Explain how, as a financial manager, you would use financial ratios in daily operations to ensure the success of the organization.Determining the cost of producing specific products or providing services and analyzing for cost effectiveness. Includes preparing various reports and financial statements and analyzing operating, investing, and financing decisions. The process in which accountants help managers develop a financial plan. A business that buys a product from another business to sell to customers. Telling the results of the financial information. A type of ownership structure in which more than one person owns the business. Specializes in cash, payroll, accounts receivable, accounts payable, inventory, or purchases. A system of gathering financial information about a business and reporting this information to users. Bringing various items of information together to determine a result. A business that makes products to sell. A business that provides a service. Generally supervises the work of…Explain how knowledge of managerial accounting can assist a manager with regard to the following concerns: He is deciding whether to push through with a project. He is determining whether a branch is profitable or not. He is deciding whether to process a certain product further before selling. He would like to show to the Board of Directors how the business is financially performing and how cash is being used. He would like to plan for the year so that he will be prepared to deal with shortage of cash fund.
- Financial statements are prepared in the light of applicable financial reporting framework. What is the purpose of preparation of financial statements a. To assist management in takin managerial decisions O b. For ascertainment and control of cost of product c. For ascertainment and control of cost of service d. To know financial performance, position and contribution of owner in the businessExplain how a management may utilize the income statement and balance sheet of their company to design and execute an advertising campaign.What is the main financial goal of managers in an organization? Explain.