What activities and responsibilities are not associated with management's functions? a. Planning b. Accountability c. Controlling d. Directing 12.

Q: Identify each of the following as a (a) purpose of an internal control system, (b) principle of…

A: Internal control: Internal control is a process which ensures continuous reliability of…

Q: Which of the following is not an aspect of action control? Select one: O a. To define objectives O…

A: Action control refers to controlling activities within an organization to achieve the desired…

Q: Introduction to business

A: Answer -    Correct Option is Option D - Planning & Controlling.

Q: What is the managerial accountant’s primary objective in designing a responsibility-accounting…

A: Responsibility accounting: Responsibility refers to the several concepts and tools used by managers…

Q: Why is it important to distinguish between the performance of a manager and the performance of the…

A:

Q: Which is NOT included as concept or aspect of management? a. It is concerned with all kinds of…

A: Correct answer is option (d) It applies only to top level management.

Q: Directing function of management embraces activities of:

A:

Q: how do management control systems contribute to i) Cost Management i) Planning and Control iI)…

A: A management Control system may be defined as an oraganizational framework under which an…

Q: The plans of management are expressed formally in ________________________.

A: Budget: Budget is an effective tool to achieve the financial and operational goals of the business.…

Q: Management accounting's goals are to aid management in the processes of planning, controlling, and…

A: THE ANSWER:

Q: .controlling c.decision

A: To explain the correct option as,

Q: What are the implications if management refuse to sign a management representation letter

A: If the management is not signing or refuses to sign the letter, this implies that the management is…

Q: Explain the purpose and nature of, and the role of ethics in, managerial accounting.

A: Managerial accounting: Managerial accounting is a system, or a process of collecting and organizing,…

Q: Which of the following is not part of the control process? a) Monitoring of actual activity b)…

A: Control Process Control process begins after the planning function is done Controlling basically…

Q: What is the beginning & end function of management process? a. Directing & Controlling b.…

A: Functions of management process - Planning  organizing  leading controlling

Q: In a(n) a lot of authority, responsibility, and decision making are delegated down the chain of…

A: Delegation of command means transfer of authority or power or control or reponsibility.

Q: taining in

A: Managerial Responsibilities entail being in charge of the overall management of a work unit (or…

Q: Describe the decision making process in management accounting.

A: The decision-making process includes a series of steps which are followed in making a decision for…

Q: What is meant by the control function of management accounting?

A: Management accounting: It can be defined as the process of preparing reports related to the…

Q: The basic components of an organization's internal control are:                 Select one: a.…

A: Internal control is a system of organizing the company in which a set of rules, policies, and…

Q: Which type of organization that manager does not have direct control over its members? a. Internal…

A: External organization : External organization means public, Society, Body corporate, Government etc.…

Q: Which function of Management is concerned with an effective procurement of human resources and…

A: Answer: option (a) Staffing is one of the significant functions of management.it is a continuous…

Q: In a broad sense, management accounting can best be defined within the accounting system as A.…

A: The accounting is a process of analysing, recording the transactions and further preparing the…

Q: In ,________________________ a manager is held accountable for those items, and only those items,…

A: Financial Accounting:   It refers to the process of recording the financial transactions of the…

Q: The organizational authority within an organization. * refers to the different layers of management…

A:

Q: Which one of the following is related to the decision making function of management: O a.…

A: Management is required to take various decisions from time to time so as to perform the business…

Q: Name the function of management which involves making decision in advance? a. Staffing b. Organizing…

A: Functions of Management - 1. Staffing - Staffing is the hiring process of the employees. A per the…

Q: 2 A manager that is establishing objectives (strategic or operational) is performing which…

A: Cost Accounting: It is the process of collecting, recording, analyzing the cost, summarizing cost,…

Q: what kind of decision that management accounting is used for?

A: According to Cost and Management Accounts, London, "Management Accounting is concerned with the…

Q: The management function that involves providing feedback and preparing performance reports is…

A: Management refer to Higher Authority of a organization which help to planning and Control over any…

Q: What are management's and auditors' relative internal control responsibilities

A: Introduction:Management establishes internal controls. To preserve the integrity of the financial…

Q: All of the following is related to the controlling function of management except: a. Performance…

A: SOLUTION- Planning involves establishing goals and communicating these goals to employees of the…

Q: he whole organization is in which management level? O Middle level management O Top level management…

A: Management: The management can be defined as the interlocking of the functions for the planning,…

Q: Management is to forecast, to plan, to organize, to direct, to coordinate & to command other…

A: Answer

Q: Identify whether each description most likely applies to managerial (M) or financial (F) accounting.…

A:

Q: Which of the following is not part of the definition of internal control? a. Separation of duties b.…

A:

Q: “Aids in the decision making to help an organization meet its goals.” Is it not a primary function…

A: Management accountant is the provider of real time financial & non-financial information to the…

Q: Which of the following statements correctly distinguishes between management and financial accor A.…

A: Option A is incorrect because Both financial accounting and management accounting are future…

Q: Which of the following are basic phases of the management process? a.supervising and directing…

A: Introduction: The management process is a set of essential procedures used to manage any activity,…

Q: At what level of management is the long-range planning function most important? a. at top management…

A: Long range planning means financial and other plans being made in the business for substantially…

Q: Help question 39

A: Managerial accounting is concerned with providing information to managers for use with in the…