Question 1

Which of the following reflects all three of the key aspects of the Triple Bottom Line?

Accepted Answer

A)  measures of employees, customers, and suppliers 
B)  measures of social, financial, and environmental impact 
C)  measures of assets, liabilities, and equity of the organization 
D)  measures of revenues, expenses, and profit of the organization

Question 2

According to the Rules of Professional conduct of CPA Ontario, what are the five fundamental principles of ethics?

Accepted Answer

The answer of According to the Rules of Professional conduct...

Question 3

Managerial accounting is designed primarily for external users.

Accepted Answer

A) True 
 B)False

Question 4

Managerial accounting is internally focused.

Accepted Answer

A) True 
 B)False

Exam 1: Introduction to Managerial Accounting

Which of the following reflects all three of the key aspects of the Triple Bottom Line?

According to the Rules of Professional conduct of CPA Ontario, what are the five fundamental principles of ethics?

Managerial accounting is designed primarily for external users.

Managerial accounting is internally focused.