Financial vs managerial Study guides, Class notes & Summaries

CPCE Study Guide 1945 Questions with Answers 2023 The Sensorimotor period is part of whose developmental stage theory? - CORRECT ANSWER Piaget Presenting stimuli in different sequences to reduce "order of presentation" influences in an experiment is called: - CORRECT ANSWER Counterbalancing The Eskimo word "piblokto" refers to "arctic hysteria," characterized by uncontrolled screaming and crying that is often accopanied by running through the snow naked. This is an example of wh...

Managerial Accounting Exam 1, Ch 1-4 || Questions & Answers (Graded A+) Managerial Accounting Exam 1, Ch 1-4 || Questions & Answers (Graded A+) Managerial accounting - ANSWER - a type of accounting focused primarily on providing internal users with the necessary financial and nonfinancial information to help them make the best possible decisions for the company. Management Accounting - ANSWER - involves partnering in management decision making, planning, and performance measurement to ass...

HCAD 375 QUESTIONS AND ANSWERS ACCURATE What has led to increased HC costs? -Technology -Increased demand -Chronic disease -lack of prevention -fraud -labor shortages -uninsured -uneducated consumers What has led to decreased HC costs? -generic drugs -awareness/education -advances in medical treatment -increased communication -VBP -Regulations -cost-sharing 4 elements of financial management -Planning -Controlling -Organizing -Decision Making The Chart of...

WEBCE Life And Health (281 Questions) Complete With 100% Correct Verified Answers Newly Updated 2024 WEBCE Life And Health (281 Questions) Complete With 100% Correct Verified Answers Newly Updated 2024 Representations and Warranties Representations are statements the applicant makes on an application that are deemed to be true to the applicant's best knowledge. Warranties are statements the insurer makes in the contract. Underwriting vs. Actuarial Departments Two related insurance ...

Auditing Exam 1|359 Questions with Verified Answers 1. Which of the following would be considered an assurance engagement? a. Giving an opinion on a prize promoter's claims about the amount of sweepstakes prizes awarded in the past. b. Giving an opinion on the conformity of the financial statements of a university with generally accepted accounting principles. c. Giving an opinion on the fair presentation of a newspaper's circulation data. d. Giving assurance about the average drive len...

Principles of Accounting 2023 UPDATED EXAM Financial accounting definition - ANSWER- The language of business Financial accountant - ANSWER- A financial accountant makes reports about a company's money coming in and going out in the last few months and year, which go to shareholders and regulators (outsiders) Managerial accountant - ANSWER- A managerial accountant creates financial reports that help the executives decide what the company should do next (information given to insiders) ...

WEBCE Life And Health (281 Questions) Complete With 100% Correct Verified Answers Newly Updated 2024 Representations and Warranties Representations are statements the applicant makes on an application that are deemed to be true to the applicant's best knowledge. Warranties are statements the insurer makes in the contract. Underwriting vs. Actuarial Departments Two related insurance company functions. Through the process of _________, applications are assessed for insurability and to a...

Accounting Chapter 1 2023 Update Management Accounting / Managerial Accounting - the Institute of Management Accountants - A profession that involves partnering in management decision making, devising planning and performance management systems, and providing expertise in financial reporting and control to assist management in the formulation and implementation of an organization's strategy Financial Accounting - financial statements must be in accordance with Generally Accepted Ac...

WGU C432 Healthcare Management and Strategy Graded A+ How can focusing on operational efficiency blind leaders to the strategic needs of their organizations? Too focused on operating rather than on their strategy and needs. Operating vs. processes to fulfill their strategy. What are the disadvantages of ignoring strategy? Not fulfilling their mission, vision, and values. How do healthcare organizations differ in their use of strategy compared to other industries? Many healthcare organizations...

AC222 Final Exam 2023 Managers' Three Primary Responsibilities - planning, directing, controlling Planning - setting goals and deciding how to achieve them Directing - overseeing the company's day-to-day operations Controlling - Evaluating results of business operations and making adjustments as needed Underlying basis of information in managerial accounting vs financial accounting - Financial accounting is always based on past transactions with external parties info, while manageria...