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MBA 700 Module 2 Exam Questions and Answers 100% Pass

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MBA 700 Module 2 Exam Questions and Answers 100% Pass

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Uploaded on: November 3, 2025
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Written in: 2025/2026
Type: Exam (elaborations)
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mba 700 module 2 exam questions and answers 100 p

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MBA 700 Module 2 Exam Questions and
Answers 100% Pass

What is Managerial Accounting? -

CORRECT ANSWER: Accounting information that provides

information to managers for:

- Planning

- Controlling

- Decision Making Purposes

QUESTION: Financial Vs Managerial Accounting: Financial -

CORRECT ANSWER: Audience= External (Owners, Creditors, Tax

Authorities, and Regulators)

Regulations= Regulated by GAAP/IFRS

, Time Orientation= Past

Information= Financial

Reports= Mandatory, Aggregated, Companywide

QUESTION: Financial Vs Managerial Accounting: Managerial -

CORRECT ANSWER: Audience= Internal - Planning, controlling, and

Decision making

Regulations = Not regulated

Time Orientation = Future

Information = Financial and Non-Financial

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