Which step of creating a financial budget involves listing the payroll, rental, and utility costs? a.) planning and gathering financial information b.) calculating the budget c.) estimating potential program expenses d.) calculating expenses

Which of the following differentiates cost accounting and financial accounting? a. the primary users of cost accounting are the investors, whereas the primary users of financial accounting are the managers. b. cost accounting measures only the financial information related to the costs of acquiring fixed assets in an organization, whereas financial accounting measures financial and nonfinancial information of a company's business transactions. c. cost accounting measures information related to the costs of acquiring or using resources in an organization, whereas financial accounting measures a financial position of a company to investors, banks, and external parties. d. cost accounting deals with product design, production, and marketing strategies, whereas financial accounting deals mainly with pricing of the products.

Why is efficiency an important economic goal?

During which of the following phases of the business cycle does the real gdp fall? a. trough b. expansion c. contraction d. peak