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ACCT 505 week 1 Discussion Question 1 - 1) Would a traditional income statement differ depending on whether the business is a service organization, merchandiser, or manufacturer?

ACCT 505 week 1 Discussion Question 1
 
1)  Would a traditional income statement differ depending on whether the business is a service organization, merchandiser, or manufacturer?
 
2)  Could we use managerial accounting tools to assess the profitability of an organization other than a manufacturing business, or are the topics that we are learning only related to manufacturing?
 
3)  If we could use these concepts in service and/or merchandising businesses, how would we go about doing so?
 
TUTORIAL PREVIEW
1)  Would a traditional income statement differ depending on whether the business is a service organization, merchandiser, or manufacturer?
Yes traditional income statement differs depending on whether the business is a service organization, merchandiser, or manufacturer as the cost determination for each type of business is different.
 
 
File name: ACCT 505 week 1 DQ 1.doc File type: doc PRICE: $15