Test Bank for Managerial Accounting, 5th Canadian Edition by Braun (All Chapters included)

TEST BANK



Managerial Accounting, 5th
Canadian Edition by
Karen Wilken Braun



Complete Chapter Test Bank
are included (Ch 1 to 14)




** Immediate Download
** Swift Response
** All Chapters included

,Table of Contents are given below




1.Introduction to Managerial Accounting

2.Building Blocks of Managerial Accounting

3.Cost Behaviour

4.Cost-Volume-Profit Analysis

5.Job Costing

6.Process Costing

7.Activity Based Costing

8.Short-Term Business Decisions

9.The Master Budget and Responsibility Accounting

10.Flexible Budgets and Standard Costs

11.Performance Evaluation and the Balanced Scorecard

12.Capital Investment Decisions and the Time Value of Money

13.Financial Statement Analysis

14.Sustainability

,The test bank is organized in reverse order, with the last chapter displayed first, to ensure that all
chapters are included in this document. (Complete Chapters included Ch14-1)


Managerial Accounting, 5Ce (Braun)
Chapter 14 Sustainability

14.1 Describe sustainability and how it can create business value.

1) Sustainability is an expense item only. An organization choosing sustainability will see reduced profits.
Answer: FALSE
Diff: 1
LO: 14-1
Bloom's Taxonomy: Remember

2) Sustainability refers to the ability of a system to maintain its own viability, endure without giving way,
or use resources that are not depleted of permanently damaged.
Answer: TRUE
Diff: 1
LO: 14-1
Bloom's Taxonomy: Remember

3) Sustainable development meets the needs of the present generation only.
Answer: FALSE
Diff: 1
LO: 14-1
Bloom's Taxonomy: Remember

4) Sustainable development meets the needs of the present generation without compromising the ability
of future generations to meet their own needs.
Answer: FALSE
Diff: 1
LO: 14-1
Bloom's Taxonomy: Remember

5) Choices we make about our energy sources today will impact future generations.
Answer: TRUE
Diff: 1
LO: 14-1
Bloom's Taxonomy: Remember

6) The Industrial Revolution is based on "take, make, waste".
Answer: TRUE
Diff: 1
LO: 14-1
Bloom's Taxonomy: Remember

7) Businesses using a systems think approach are concerned only with their internal costs.
Answer: FALSE
Diff: 1
LO: 14-1
Bloom's Taxonomy: Remember




1

, 8) Sustainability and profitability often go hand in hand.
Answer: TRUE
Diff: 1
LO: 14-1
Bloom's Taxonomy: Remember

9) For many businesses, significant cost savings can be achieved by becoming more sustainable.
Answer: TRUE
Diff: 1
LO: 14-1
Bloom's Taxonomy: Remember

10) Eco-efficiency signifies the economic savings that can be achieved by producing good and services
with fewer ecological resources.
Answer: TRUE
Diff: 1
LO: 14-1
Bloom's Taxonomy: Remember

11) Sustainable product innovation can provide companies with new revenue streams.
Answer: TRUE
Diff: 1
LO: 14-1
Bloom's Taxonomy: Remember

12) Recycling and repurposing can provide companies with new revenue streams.
Answer: TRUE
Diff: 1
LO: 14-1
Bloom's Taxonomy: Remember

13) Companies need only concern themselves with the current regulations relating to sustainability.
Answer: FALSE
Diff: 1
LO: 14-1
Bloom's Taxonomy: Remember

14) Improving morale and hiring is one of the benefits of becoming more sustainable.
Answer: FALSE
Diff: 1
LO: 14-1
Bloom's Taxonomy: Remember

15) Sustainable corporations will likely have an easier time attracting and raising capital.
Answer: FALSE
Diff: 1
LO: 14-1
Bloom's Taxonomy: Remember




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