admin

Ethical accountants are important to society because _____.A. none of these answers is correctB. they pay their taxesC. the information produced is reliableD. they will not […]

Below is a statement from the Institute of ManagementAccountants Statement of Ethical Professional Practice. Refrainfrom disclosing confidential information acquired in the course oftheir work except when […]

Which of the following is not a major factor causing changes inmanagement accounting today?A. E-commerce is not a major factor.B. Declining work ethic is not a […]

Budgets _____.A. ignore areas that are presumed to be running smoothlyB. are deviations from a planC. are quantitative expressions of action plansD. provide feedback by comparing […]

Jewel Companys revenues are $300 and invested capital is $240.Expenses are currently 60% of sales. Jewel Companys current returnon investment is _____.A. 50%B. 100%C. none of […]

____ need cost accounting systems.A. Manufacturing firms service organizations and nonprofitorganizationsB. Service organizations and nonprofit organizationsC. Manufacturing firms and nonprofit organizationsD. Manufacturing firms and service organizations

___ is a method of approximating cost functions.A. Account analysisB. Transaction analysisC. Product analysisD. Cost driver analysis

The master budget includes forecasts for all of the followingexcept _____.A. cash disbursementsB. salesC. number of employeesD. balance sheets

Performance reports _____.A. ignore areas that are presumed to be running smoothlyB. provide feedback by comparing results with plans and byhighlighting deviations from plansC. are deviations […]