Test Bank&Solution manual for Management accounting 4th edition by Eldenburg
et al
, Test Bank
Management accounting
4th edition
by
Eldenburg et al.
, Chapter 1: The role of accounting information in management decision making
Not for distribution in full. Instructors may assign selected questions in their LMS.
Chapter 1: The role of accounting information in management decision
making
True/false questions
1. A vision statement is a theoretical description of what an organisation should become.
*a. True
b. False
Correct answer: a
Learning objective 1.1 ~ Recognise the types of decisions managers make for an
organisation
2. An organisational vision is a short-term plan for maximising financial results.
a. True
*b. False
Correct answer: b
Learning objective 1.1 ~ Recognise the types of decisions managers make for an
organisation
3. Most organisations have one stakeholder.
a. True
*b. False
Correct answer: b
Learning objective 1.1 ~ Recognise the types of decisions managers make for an
organisation
4. Organisational core competencies unrelated to the organisational vision.
a. True
*b. False
Correct answer: b
Learning objective 1.1 ~ Recognise the types of decisions managers make for an
organisation
1.2
, Testbank to accompany: Management accounting 4e by Eldenburg et al.
5. Organisational strategies are the tactics that managers use to take advantage of core
competencies while working towards the organisational vision.
*a. True
b. False
Correct answer: a
Learning objective 1.1 ~ Recognise the types of decisions managers make for an
organisation
6. Most organisations have databases that contain information collected formally or
informally from internal sources only.
a. True
*b. False
Correct answer: b
Learning objective 1.1 ~ Recognise the types of decisions managers make for an
organisation
7. Desirable employee behaviour can be motivated by tying employee performance
evaluation and pay to long-term or short-term results.
*a. True
b. False
Correct answer: a
Learning objective 1.1 ~ Recognise the types of decisions managers make for an
organisation
8. Organisational information systems only collect accounting information.
a. True
*b. False
Correct answer: b
Learning objective 1.2 ~ Discuss the role of cost and management accounting information
in management decision making
© John Wiley & Sons Australia, Ltd 2020 1.3
et al
, Test Bank
Management accounting
4th edition
by
Eldenburg et al.
, Chapter 1: The role of accounting information in management decision making
Not for distribution in full. Instructors may assign selected questions in their LMS.
Chapter 1: The role of accounting information in management decision
making
True/false questions
1. A vision statement is a theoretical description of what an organisation should become.
*a. True
b. False
Correct answer: a
Learning objective 1.1 ~ Recognise the types of decisions managers make for an
organisation
2. An organisational vision is a short-term plan for maximising financial results.
a. True
*b. False
Correct answer: b
Learning objective 1.1 ~ Recognise the types of decisions managers make for an
organisation
3. Most organisations have one stakeholder.
a. True
*b. False
Correct answer: b
Learning objective 1.1 ~ Recognise the types of decisions managers make for an
organisation
4. Organisational core competencies unrelated to the organisational vision.
a. True
*b. False
Correct answer: b
Learning objective 1.1 ~ Recognise the types of decisions managers make for an
organisation
1.2
, Testbank to accompany: Management accounting 4e by Eldenburg et al.
5. Organisational strategies are the tactics that managers use to take advantage of core
competencies while working towards the organisational vision.
*a. True
b. False
Correct answer: a
Learning objective 1.1 ~ Recognise the types of decisions managers make for an
organisation
6. Most organisations have databases that contain information collected formally or
informally from internal sources only.
a. True
*b. False
Correct answer: b
Learning objective 1.1 ~ Recognise the types of decisions managers make for an
organisation
7. Desirable employee behaviour can be motivated by tying employee performance
evaluation and pay to long-term or short-term results.
*a. True
b. False
Correct answer: a
Learning objective 1.1 ~ Recognise the types of decisions managers make for an
organisation
8. Organisational information systems only collect accounting information.
a. True
*b. False
Correct answer: b
Learning objective 1.2 ~ Discuss the role of cost and management accounting information
in management decision making
© John Wiley & Sons Australia, Ltd 2020 1.3
