8. ______________ is a professional service with an aim of improving the quality and transparency of information, to reduce the chance of problems occurring from incorrect information. a. Agency b. Accounting c. Assurance d. Costing

4. ​Minzberg's managerial roles include all of the following EXCEPT​ ___________.A.controllerB.resource allocatorC.leaderD.disseminatorE.monitor

. It is an important use of managerial accounting   a. determine direct cost by adding direct materials  b. understand customer orientation c. recast budgeted statements according to a situation d. change variables of risk internally and externally

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Management accountants are generally responsible for: Select one: O A. Detailed financial planning OB. Identifying problems within the business firm by way of variances O C. Designing and modifying the business' accounting information system O D. All of the above

Which of the following is the principal reason for preparing managerial accounting reports? a.GAAP b.clarity c.usefulness to management d.cost of preparation

Which of the following statement about management accounting information is incorrect? a. The benefits of providing the information should outweigh the costs. b. It is influenced by organisational structure and size. c. It is only prepared on an ad-hoc basis. d. It is used by senior managers.

Which of the following statements about responsibility accounting are correct?   Select one: a. Responsibility accounting systems differ widely across organizations. b. The structure for accumulating cost information generally mirrors the structure for accumulating responsibility center information. c. Responsibility accounting is the primary responsibility of accounting staff.

MULTIPLE CHOICE. Read carefully the statements below and write the letter of your choice on the table provided above. Use CAPITAL letter only. NO ERASURES ALLOWED. 11. Which of the following is not one of the three basic activities of a manager? A. Planning B. Controlling C. Directing and motivating D. Compiling management accounting reports 12. Which of the following statements are false concerning line and staff functions? I. Persons occupying staff functions have authority over persons occupying line functions. II. Both line and staff functions are depicted on the organization chart. III. Line functions are directly related to the basic objectives of an organization. A. Only I B. Only II C. Only I and II D. I, II, and III 13. The Standards of Ethical Conduct for Management Accountants developed by the Institute of Management Accountants contain a policy regarding confidentiality that requires management accountants to refrain from disclosing confidential…