CBAD 202 Exam 1 – Questions & Accurate Answers
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Terms in this set (81)
Which of the following Managerial accounting information emphasizes relevance.
statements is true regarding
managerial accounting
information?
A) Managerial accounting
information is audited by CPAs.
B) Managerial accounting
information emphasizes
relevance.
C) Managerial accounting
information is prepared annually
and quarterly.
D) Managerial accounting
information must be prepared in
conformity with Generally
Accepted Accounting Principles
(GAAP).
The primary goal of managerial internal decision-makers.
accounting is to provide
information to
A) internal decision-makers.
B) shareholders.
C) creditors.
D) both shareholders and
creditors.
Which of the following are the Managers
internal decision makers of a
company?
A) Vendors
B) Managers
C) Shareholders
D) Customers
Which of the following groups All of the above
are external users of financial
information?
A) Customers of the company
B) Potential investors of the
company
C) Vendors of the company
D) All of the above
, An external party receives financial statements.
information about past
performance from
A) planning reports.
B) budget reports.
C) financial statements.
D) internal managerial
accounting reports.
Managerial accountants may be all of the above.
responsible for
A) providing decision support.
B) communicating results.
C) analyzing data.
D) all of the above.
Managerial accounting topics All of the above careers could benefit from managerial
can be used in which of the accounting
following careers? A)
Entrepreneurs
B) Business Management
C) Sales
D) All of the above careers
could benefit from managerial
accounting
Which one of the following Shareholders
parties has ultimate control of a
corporation?
A) Chief financial officer
B) Board of directors
C) Chief executive officer
D) Shareholders
Which of the following positions The CEO
typically manages the company
on a daily basis?
A) The controller
B) The CEO
C) The board of directors
D) The stockholders
The IMA issues which of the CMA
following certifications?
A) CMA
B) CIA
C) CFP
D) CPA
To resolve ethical dilemmas, the follow their company's established policies for reporting
IMA suggests that management unethical behavior
accountants should first
A) consult an attorney.
B) call the IMA "Ethics Hotline."
C) follow their company's
established policies for
reporting unethical behavior.
D) discuss the unethical situation
with their immediate supervisor.
Save
Students also studied
Perio Study DENT 475 - Implant components NBDE II Review - Pro
Teacher 78 terms 42 terms 69 terms
Hunter_Charters Preview gillphil Preview melissa_jarvis7
Terms in this set (81)
Which of the following Managerial accounting information emphasizes relevance.
statements is true regarding
managerial accounting
information?
A) Managerial accounting
information is audited by CPAs.
B) Managerial accounting
information emphasizes
relevance.
C) Managerial accounting
information is prepared annually
and quarterly.
D) Managerial accounting
information must be prepared in
conformity with Generally
Accepted Accounting Principles
(GAAP).
The primary goal of managerial internal decision-makers.
accounting is to provide
information to
A) internal decision-makers.
B) shareholders.
C) creditors.
D) both shareholders and
creditors.
Which of the following are the Managers
internal decision makers of a
company?
A) Vendors
B) Managers
C) Shareholders
D) Customers
Which of the following groups All of the above
are external users of financial
information?
A) Customers of the company
B) Potential investors of the
company
C) Vendors of the company
D) All of the above
, An external party receives financial statements.
information about past
performance from
A) planning reports.
B) budget reports.
C) financial statements.
D) internal managerial
accounting reports.
Managerial accountants may be all of the above.
responsible for
A) providing decision support.
B) communicating results.
C) analyzing data.
D) all of the above.
Managerial accounting topics All of the above careers could benefit from managerial
can be used in which of the accounting
following careers? A)
Entrepreneurs
B) Business Management
C) Sales
D) All of the above careers
could benefit from managerial
accounting
Which one of the following Shareholders
parties has ultimate control of a
corporation?
A) Chief financial officer
B) Board of directors
C) Chief executive officer
D) Shareholders
Which of the following positions The CEO
typically manages the company
on a daily basis?
A) The controller
B) The CEO
C) The board of directors
D) The stockholders
The IMA issues which of the CMA
following certifications?
A) CMA
B) CIA
C) CFP
D) CPA
To resolve ethical dilemmas, the follow their company's established policies for reporting
IMA suggests that management unethical behavior
accountants should first
A) consult an attorney.
B) call the IMA "Ethics Hotline."
C) follow their company's
established policies for
reporting unethical behavior.
D) discuss the unethical situation
with their immediate supervisor.
