5
Has a future orientation
.
6
Is constrained by GAAP
.
7 .
Behavioral impact is secondary
Requirements :
Indicate whether each description more closely relates to a major feature of financial accounting or management accounting .
P1-44 ( book / static ) Chapter 1 , p . 10 & 11
Nike is an Oregon-based company that focuses on the design , development , and worldwide marketing of high-quality sports footwear , apparel , equipment , and accessory products . Nike is the largest seller of athletic footwear and athletic apparel in the world . The company sells its products to more than 20,000 retail accounts in the United States and through a mix of independent distributors , licensees , and subsidiaries in approximately 170 countries around the world . Nike contracts with hundreds of factories around the world to manufacture virtually all the company ' s