TESTBANK FOR MANAGERIAL ACCOUNTING 11TH
EDITION BY GARISSON FULL TESTBANK ALL
CHAPTERS INCLUDED ALREADY GRADED A+||
LATEST AND COMPLETE UPDATE 2025 WITH
VERIFIED SOLUTIONS|| ASSURED PASS!!!
, Chapter 01 - Managerial Accounting and the Business Environment
TESTBANK FOR MANAGERIAL ACCOUNTING 11TH EDITION
BY GARISSON FULL TESTBANK ALL CHAPTERS INCLUDED
ALREADY GRADED A+|| LATEST AND COMPLETE UPDATE
2025 WITH VERIFIED SOLUTIONS|| ASSURED PASS!!!
Chapter 01: Managerial Accounting and the Business Environment
Multiple Choice Questions
1. Day-to-day decision making is most common to which of the following activities managers
are expected to carry on in organizations?
A. Strategy formulation.
B. Directing and motivating.
C. Planning.
D. Budgeting.
Blooms: Understand
CPA Competency: 3.1.1 Evaluates management
information requirements. Difficulty: Medium
Learning Objective: 01-01 Describe the functions performed by managers.
Topic: 01-02 The Work of Managers and Their Need for Managerial Accounting Information
2. Identifying alternatives and selecting the best among them is part of which of the following
activities which managers carry on in organizations?
A. Controlling.
B. Directing.
C. Planning.
D. Motivating.
Blooms: Understand
CPA Competency: 3.1.1 Evaluates management
information requirements. Difficulty: Medium
Learning Objective: 01-01 Describe the functions
performed by managers. Topic: 01-03 Planning
1-1
Copyright © 2018 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.
,Chapter 01 - Managerial Accounting and the Business Environment
3. Budgeting is part of which of the following activities managers perform in organizations?
A. Controlling.
B. Directing.
C. Planning.
D. Motivating.
Blooms: Understand
CPA Competency: 3.1.1 Evaluates management
information requirements. Difficulty: Easy
Learning Objective: 01-01 Describe the functions
performed by managers. Topic: 01-03 Planning
4. Obtaining feedback is generally identified most directly with which of these functions of
management?
A. Planning.
B. Directing and motivating.
C. Controlling.
D. Decision making.
Blooms: Understand
CPA Competency: 3.1.1 Evaluates management
information requirements. Difficulty: Easy
Learning Objective: 01-01 Describe the functions
performed by managers. Topic: 01-05
Controlling
5. Which of the following is part of managing and improving business processes?
A. Directing
B. Lean production
C. Motivating
D. Planning
Blooms: Remember
CPA Competency: 3.1.2 Evaluates the types of information systems used and the
role they play in an organization. Difficulty: Easy
1-2
Copyright © 2018 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.
, Chapter 01 - Managerial Accounting and the Business Environment
Learning Objective: 01-03 Explain the basic concepts of lean production
and enterprise risk management. Topic: 01-16 Business Process
Management
1-3
Copyright © 2018 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.
EDITION BY GARISSON FULL TESTBANK ALL
CHAPTERS INCLUDED ALREADY GRADED A+||
LATEST AND COMPLETE UPDATE 2025 WITH
VERIFIED SOLUTIONS|| ASSURED PASS!!!
, Chapter 01 - Managerial Accounting and the Business Environment
TESTBANK FOR MANAGERIAL ACCOUNTING 11TH EDITION
BY GARISSON FULL TESTBANK ALL CHAPTERS INCLUDED
ALREADY GRADED A+|| LATEST AND COMPLETE UPDATE
2025 WITH VERIFIED SOLUTIONS|| ASSURED PASS!!!
Chapter 01: Managerial Accounting and the Business Environment
Multiple Choice Questions
1. Day-to-day decision making is most common to which of the following activities managers
are expected to carry on in organizations?
A. Strategy formulation.
B. Directing and motivating.
C. Planning.
D. Budgeting.
Blooms: Understand
CPA Competency: 3.1.1 Evaluates management
information requirements. Difficulty: Medium
Learning Objective: 01-01 Describe the functions performed by managers.
Topic: 01-02 The Work of Managers and Their Need for Managerial Accounting Information
2. Identifying alternatives and selecting the best among them is part of which of the following
activities which managers carry on in organizations?
A. Controlling.
B. Directing.
C. Planning.
D. Motivating.
Blooms: Understand
CPA Competency: 3.1.1 Evaluates management
information requirements. Difficulty: Medium
Learning Objective: 01-01 Describe the functions
performed by managers. Topic: 01-03 Planning
1-1
Copyright © 2018 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.
,Chapter 01 - Managerial Accounting and the Business Environment
3. Budgeting is part of which of the following activities managers perform in organizations?
A. Controlling.
B. Directing.
C. Planning.
D. Motivating.
Blooms: Understand
CPA Competency: 3.1.1 Evaluates management
information requirements. Difficulty: Easy
Learning Objective: 01-01 Describe the functions
performed by managers. Topic: 01-03 Planning
4. Obtaining feedback is generally identified most directly with which of these functions of
management?
A. Planning.
B. Directing and motivating.
C. Controlling.
D. Decision making.
Blooms: Understand
CPA Competency: 3.1.1 Evaluates management
information requirements. Difficulty: Easy
Learning Objective: 01-01 Describe the functions
performed by managers. Topic: 01-05
Controlling
5. Which of the following is part of managing and improving business processes?
A. Directing
B. Lean production
C. Motivating
D. Planning
Blooms: Remember
CPA Competency: 3.1.2 Evaluates the types of information systems used and the
role they play in an organization. Difficulty: Easy
1-2
Copyright © 2018 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.
, Chapter 01 - Managerial Accounting and the Business Environment
Learning Objective: 01-03 Explain the basic concepts of lean production
and enterprise risk management. Topic: 01-16 Business Process
Management
1-3
Copyright © 2018 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.
