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In each of the following situations, identify whether the setting is primarily financial accounting ...

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In each of the following situations, identify whether the setting is primarily financial accounting ...

In each of the following situations, identify whether the setting is primarily financial accounting or managerial accounting.

a.	Falcon Company sent its annual report to its stockholders.

b.	Genesis, Inc.'s controller sent a report of actual versus budgeted sales figures to the

sales manager.

c.	Hurtz Rent-All Company determines that its investments have declined in value and

should be adjusted.

d.	Inca, Inc. controller suspects that cash is being stolen by a sales clerk. As a result, she

prepares an analysis to compare each sales clerk's collections for each day.

e.	Jones Company executives are meeting to review the annual report to be submitted

to the SEC.

Textbook

Managerial Accounting

Edition: 4^th

Author: Davis

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