Managerial Accounting Information Is Not Just for Accountants

question 130

Essay

Managerial accounting information is not just for accountants.All areas within an organization can use the information to support decision making.For the following positions,list three decisions the manager might have to make and give an example of a report that would help the manager in the decision making process.
a.Plant manager
b.Vice-President of sales
c.Inventory supervisor

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Definitions:

Desegregated Regiments

Military units in which members of different races are integrated, as opposed to segregated units which were racially divided.

Platt Amendment

An amendment to a U.S. Army appropriations bill in 1901, establishing the terms under which the United States would end its military occupation of Cuba and "guarantee" Cuban independence.

Military Occupation

The control and possession of a territory by a foreign military force.

Insular Cases

A series of early 20th-century Supreme Court decisions that determined the applicability of the U.S. Constitution to territories acquired by the United States, notably ruling that full constitutional rights do not automatically extend to all areas under American control.