Exam 1: Introduction to Managerial Accounting

arrow
  • Select Tags
search iconSearch Question
flashcardsStudy Flashcards
  • Select Tags

Which of the following would not be an example of a value-added activity?

(Multiple Choice)
4.9/5
(27)

Positions that are supportive in nature and have only indirect responsibility for an organization's basic objectives are called ________________________.

(Short Answer)
4.8/5
(40)

The purpose of the Certificate in Public Accounting is to provide minimal professional qualification for external auditors.

(True/False)
4.9/5
(34)

The ____________________ is responsible for the finance function.

(Short Answer)
4.7/5
(38)

Which of the following is an example of the management activity referred to as planning?

(Multiple Choice)
4.7/5
(44)

______________________________ is the provision of accounting information for a company's internal users.

(Short Answer)
4.7/5
(39)

____________________ is primarily concerned with producing information for external users.

(Short Answer)
4.9/5
(31)

Total quality management emphasizes

(Multiple Choice)
4.9/5
(31)

The________________supervises all accounting functions and reports directly to the general manager and chief operating officer (COO).

(Short Answer)
4.9/5
(43)

Positions that have direct responsibility for the basic objectives of an organization are referred to as line positions.

(True/False)
4.8/5
(33)

Describe the provisions of the Sarbanes-Oxley Act of 2002.

(Essay)
4.9/5
(28)

Time is not a crucial element in all phases of the value chain.

(True/False)
4.9/5
(42)

Managerial accounting strongly emphasizes providing information about _________________.

(Short Answer)
4.8/5
(35)

In June 2002,Congress passed the____________________________________ in response to financial scandals such as Enron. or or

(Short Answer)
4.8/5
(36)

Managerial accounting has its emphasis on the future.

(True/False)
4.9/5
(43)

The process of choosing among competing alternatives is called ________________________.

(Short Answer)
4.7/5
(40)

Which of the following would normally occupy a line position?

(Multiple Choice)
4.9/5
(34)

The process of choosing among competing alternatives is decision making.

(True/False)
4.8/5
(45)

Financial accounting is governed by GAAP.

(True/False)
4.7/5
(47)

The _____________________ is the set of activities required to design,develop,produce,market and deliver products and services as well as provide support services to customers.

(Short Answer)
4.9/5
(33)
Showing 41 - 60 of 63
close modal

Filters

  • Essay(0)
  • Multiple Choice(0)
  • Short Answer(0)
  • True False(0)
  • Matching(0)