1. _____ refers to accounting information developed for managerswithin an organization.a. Internal auditingb. Managerial accountingc. Financial accountingd. Tax accounting2. Ethical accountants are important to society because _____.a. they pay their
1. _____ refers to accounting information developed for managerswithin an organization.a. Internal auditingb. Managerial accountingc. Financial accountingd. Tax accounting2. Ethical accountants are important to society because _____.a. they pay their taxesb. the information produced is reliablec. they will not go to prison and waste taxpayers moneyd. none of these answers is correct3. Performance reports _____.a. are quantitative expressions of action plansb. provide feedback by comparing results with plans and by highlighting deviations from plansc. are deviations from a pland. ignore areas that are presumed to be running smoothly4. Output measures of both resources and activities are _____.a. cost driversb. stages of productionc. fixed activitiesd. variable activities