You take your answer to question 4 to your parent and say, “Hey, why didn’t you think ahead and buy me this coat the year I was born??? Look at all the money we could have saved!” Aside from the fact that your parent had no way of knowing you’d want a North Face almost two decades later, your parent disagrees with your logic and says there wouldn’t have been any savings by buying the coat in your birth year. Why is your parent making this claim?

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.

Which of the following would classify as a general education requirement

Which of the following services will be provided by a full-service broker but not by a discount broker? i. research of potential investment opportunities ii. purchase and sale of stock at your request iii. recommendation of investments a. i and iii b. ii only c. iii only d. i, ii, and ii