,
,
, 5) Select the incorrect statement regarding the relationship between type of user and type of
information.
A) Middle managers need more nonfinancial, or operational data than do senior
executives.
B) Assembly line supervisors need more immediate feedback on performance than do
senior executives.
C) Senior executives need less aggregated information than do lower-level managers.
D) Senior executives use general economic information as well as financial information.
6) Which group would use managerial accounting data of XY Company?
A) Stockholders
B) Managers
C) Executives
D) Both managers and executives
E) All of the groups would use managerial accounting data
7) Which of the following is a feature of managerial accounting information?
A) Information is not distributed to the public
B) Information reports on the company as a whole
C) Information is focused on the past
D) Information is reported annually
8) Which of the following items are representative of managerial accounting?
Note: Check all that apply.
A) Audited financial statements submitted to bankers with credit application
B) Divisional profit reports used to allocate bonuses
C) Quarterly financial information sent to investors
D) Annual financial reports submitted to the SEC in compliance with federal securities
laws
E) Budget projections used to make logistic decisions
,
, 5) Select the incorrect statement regarding the relationship between type of user and type of
information.
A) Middle managers need more nonfinancial, or operational data than do senior
executives.
B) Assembly line supervisors need more immediate feedback on performance than do
senior executives.
C) Senior executives need less aggregated information than do lower-level managers.
D) Senior executives use general economic information as well as financial information.
6) Which group would use managerial accounting data of XY Company?
A) Stockholders
B) Managers
C) Executives
D) Both managers and executives
E) All of the groups would use managerial accounting data
7) Which of the following is a feature of managerial accounting information?
A) Information is not distributed to the public
B) Information reports on the company as a whole
C) Information is focused on the past
D) Information is reported annually
8) Which of the following items are representative of managerial accounting?
Note: Check all that apply.
A) Audited financial statements submitted to bankers with credit application
B) Divisional profit reports used to allocate bonuses
C) Quarterly financial information sent to investors
D) Annual financial reports submitted to the SEC in compliance with federal securities
laws
E) Budget projections used to make logistic decisions
