Exam 1: Introduction to Managerial Accounting

You are now considering your housing options for next semester.If the cost of a dorm room and the cost of an apartment are exactly the same,housing costs are:

Which type of business manager decides whether a company should borrow money or issue stock as a way to raise money?

Which type of business manager decides how much inventory should be kept on hand?

Which of the following is true regarding managerial accounting?

Which type of business manager would most likely be involved in product packaging decisions?

You are now considering your housing options for next semester.If the cost of a dorm room and the cost of an apartment are the same,but the apartment is larger,then:

In the decision-making process,an example of a quantitative measure would include:

How has the automation of accounting information altered the role of the managerial accountant?

Describe the role of the management accountant within an organisation.

A company's decision on where to locate a new factory is most likely a result of:

Which of the following statements is true regarding ethics in decision-making?

When making a decision,which of the following should not be considered?

Which of the following statements about decision-making is true?

Which type of business manager would be the most likely to decide whether or not a company should lease or buy expensive manufacturing equipment?

Relevant costs:

Sunk costs are:

The main focus of managerial accounting is:

Which type of business manager would most likely be in charge of deciding on the type of benefit package an employee receives?

Decision-makers should consider:

Which of the following is not true about knowledge in the business environment?