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Exam (elaborations)

Solutions for Managerial Accounting Creating Value in a Dynamic Business Environment, 13th Edition by Hilton

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Solutions for Managerial Accounting Creating Value in a Dynamic Business Environment, 13th Edition by Hilton

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Uploaded on
February 11, 2025
Number of pages
76
Written in
2024/2025
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9/5/23,n12:02nPM TestnbanknSolutionnManualnFornManagerialnAccounting,nCreatingnValueninnan


FornAll nChaptersn -->




1. Award:




Twonthingsnthatnallnorganizationsnhaveninncommonnarenansetnofngoalsnandninformationnneedednby
n managers.



➜ On True
On False




Difficulty:n 1n Easy LearningnObjective:n01-01nDefine
managerialnaccountingnandndescribenits
n roleninnthenmanagementnprocess.




2. Award:




Thenrolenofnmanagerialnaccountingninnorganizationsnisnthensamenasnitnhasnbeennovernmanynyears.


On True

➜ On False




Difficulty:n 1n Easy LearningnObjective:n01-01nDefine
managerialnaccountingnandndescribenits
n roleninnthenmanagementnprocess.




FornAll nChaptersn -->




about:blank 1/76

,9/5/23,n12:02nPM TestnbanknSolutionnManualnFornManagerialnAccounting,nCreatingnValueninnan


FornAll nChaptersn -->

3. Award:




Controllingninvolvesn thencoordinationn ofndailynbusinessn functionsnwithinnannorganization.


On True

➜ On False




Difficulty:n 1n Easy LearningnObjective:n01-02nExplainnfour
fundamentalnmanagementnprocessesnthatn
helpnorganizationsnattainntheirngoals.



4. Award:




Decisionnmakingnrequiresnmanagersntonchoosenamongnthenavailablenalternatives.


➜ On True
On False




Difficulty:n 1n Easy LearningnObjective:n01-02nExplainnfour
fundamentalnmanagementnprocessesnthatn
helpnorganizationsnattainntheirngoals.




FornAll nChaptersn -->




about:blank 2/76

,9/5/23,n12:02nPM TestnbanknSolutionnManualnFornManagerialnAccounting,nCreatingnValueninnan


FornAll nChaptersn -->

5. Award:




Thenbalancednscorecardnisnannimportantnmanagerialnaccountingntoolnfornshort-
runncompetitiveness.


On True

➜ On False




Difficulty:n 1n Easy LearningnObjective: n01-03nListnand
describenfivenobjectivesnofnmanagerialn
accountingnactivity.



6. Award:




Innmostnsituations,nmanagerialnaccountingnreportsnsolvendecisionnproblems.


On True

➜ On False




Difficulty:n 1n Easy LearningnObjective: n01-03nListnand
describenfivenobjectivesnofnmanagerialn
accountingnactivity.




FornAll nChaptersn -->




about:blank 3/76

, 9/5/23,n12:02nPM TestnbanknSolutionnManualnFornManagerialnAccounting,nCreatingnValueninnan


FornAll nChaptersn -->

7. Award:




Middle-
levelnmanagersnwouldnlikelynbenconsideredninternalnusersnofnaccountingninformationnrathern than
nexternalnusers.



➜ On True
On False




Difficulty:n 1n Easy LearningnObjective: n01-03nListnand
describenfivenobjectivesnofnmanagerialn
accountingnactivity.



8. Award:




Measuringnthenperformancenofnmanagersnandnsubunitsnis
annobjectivenofnmanagerialnaccounting
.


On True

➜ On False




Difficulty:n 1n Easy LearningnObjective: n01-04nExplainnthe
majorndifferencesnbetweennmanagerialn
andnfinancialnaccounting.




FornAll nChaptersn -->



about:blank 4/76
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