Which of the following would be a measure of managerial accounting?
Suggested Answer: A
Get Premium BUS105 Questions
as Interactive Web-Based Practice Test or PDF
Real Exam Format
Detailed Explanations
Instant Access
Get Your Practice Test
41 comments · newest first
AR
Arlette
10 months ago
Wait, are we sure about capital budgets being managerial? Seems too broad!
MA
Marget
10 months ago
Total liabilities as of June 1? That sounds off for managerial accounting.
AF
Afton
10 months ago
I think the balance sheet is more for financial accounting, not managerial.
CH
Cherelle
10 months ago
Statement of cash flows is not typically considered managerial accounting.
WE
Wenona
11 months ago
Capital budget is definitely a managerial accounting measure.
NA
Naomi
11 months ago
I definitely recall that capital budgets help in planning and controlling, so I think that might be the right answer here.
NA
Natalie
11 months ago
I feel like total liabilities is more of a financial accounting measure, but I could be mixing it up with something else.
BR
Brunilda
11 months ago
I remember practicing questions where capital budgets were considered part of managerial accounting, but I'm not entirely sure.
IS
Isaac
11 months ago
I think managerial accounting focuses more on internal decision-making, so maybe it's not the balance sheet or cash flows.
BR
Brittni
12 months ago
I'm a bit confused on the difference between managerial and financial accounting sometimes. But I think a capital budget is the kind of forward-looking metric that managers would use, so I'll select that.
ER
Erick
12 months ago
Okay, I remember learning that managerial accounting is more focused on internal decision-making, so a capital budget which looks at planned investments makes sense as an answer. I'll go with that.
GL
Glen
12 months ago
Hmm, I'm not sure about this one. The balance sheet, statement of cash flows, and total liabilities all seem more like financial accounting measures to me. I'll have to think this through carefully.
LE
Leatha
1 year ago
I'm pretty confident that a capital budget would be a measure of managerial accounting. That's the kind of financial planning and analysis that managers use to make decisions.
SH
Shalon
1 year ago
A capital budget? More like a capital 'headache'! Amirite, folks? But seriously, it's the best choice here.
CH
Chanel
1 year ago
B) The balance sheet
DE
Destiny
1 year ago
A) Capital budget
LE
Leota
1 year ago
That makes sense, Brock. Both A) and C) could be measures of managerial accounting.
BR
Brock
1 year ago
I'm not sure, but I think it could also be C) Statement of cash flows, as it shows how money is being managed.
BE
Bea
1 year ago
Total liabilities as of June 1? That's just a random number, not a measure of anything! I'm going to have to go with A as well.
AR
Art
1 year ago
A) Capital budget
MA
Marnie
1 year ago
Total liabilities as of June 1? That's just a random number, not a measure of anything!
JO
Johnathon
1 year ago
A) Capital budget
TO
Tomoko
1 year ago
Hmm, the statement of cash flows could be useful for managerial accounting, but I think it's more of a financial reporting tool. I'd go with A on this one.
CA
Carlee
1 year ago
I think A, the capital budget, would be a better measure for managerial accounting.
RU
Rupert
1 year ago
I agree, the statement of cash flows is more for financial reporting.
KI
Kina
1 year ago
I'm not sure about the other options, but the balance sheet is definitely not a measure of managerial accounting. That's more of a financial accounting thing.
FA
Fatima
1 year ago
A) Capital budget
ME
Melissa
1 year ago
I agree, the balance sheet is not a measure of managerial accounting.
KE
Kenneth
1 year ago
D) Total liabilities as of June 1
DO
Dominga
1 year ago
C) Statement of cash flows
TO
Tomoko
1 year ago
B) The balance sheet
RE
Ressie
1 year ago
A) Capital budget
EL
Elvera
1 year ago
I agree with Leota, because managerial accounting involves planning and controlling budgets.
LE
Leota
1 year ago
I think the answer is A) Capital budget.
LA
Lazaro
1 year ago
A capital budget would definitely be a measure of managerial accounting. It's all about planning and allocating resources for the long-term growth of the business.
AL
Allene
1 year ago
The statement of cash flows is important for understanding a company's cash position, but it's not specific to managerial accounting.
BR
Brice
1 year ago
C) Statement of cash flows
SH
Sharita
1 year ago
That's more of a financial accounting measure, not managerial accounting.
KE
Keith
1 year ago
D) Total liabilities as of June 1
GE
Gerald
1 year ago
Yes, a capital budget is a key measure in managerial accounting.
AN
An
1 year ago
A) Capital budget