16. The primary goal of managerial accounting is to provide information to: а. creditors b. shareholders internal decision-makers d. the general public 17. Managerial accountants have the responsibility to: а. accept gifts or hospitality that may allow benefit themselves and the organisation as a whole b. use and disseminate confidential information whenever the need arises C. communicate unfavourable information and professional judgments of opinions d. refrain from informing subordinates on levels and extent of confidential information obtained 18. Which of the following is TRUE of both financial accounting and management accounting? a. The emphasis is on timeliness and flexibility b. They use the information provided by the cost accounting system C. It generates general-purpose financial statements d. They are regulated by accounting standards and statute
16. The primary goal of managerial accounting is to provide information to: а. creditors b. shareholders internal decision-makers d. the general public 17. Managerial accountants have the responsibility to: а. accept gifts or hospitality that may allow benefit themselves and the organisation as a whole b. use and disseminate confidential information whenever the need arises C. communicate unfavourable information and professional judgments of opinions d. refrain from informing subordinates on levels and extent of confidential information obtained 18. Which of the following is TRUE of both financial accounting and management accounting? a. The emphasis is on timeliness and flexibility b. They use the information provided by the cost accounting system C. It generates general-purpose financial statements d. They are regulated by accounting standards and statute
Chapter12: Balanced Scorecard And Other Performance Measures
Section: Chapter Questions
Problem 2MC: When managerial accountants design an evaluation system that is based on criteria for which a...
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