
Man Ch 1
Quiz
•
Business
•
KG - University
•
Medium
Kari Mitchell
Used 3+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
The PRIMARY difference between financial accounting (FA) and managerial accounting (MA) is that:
2.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Which of the functions of management involves monitoring actual results to see whether the objectives set are being met and determining if corrective action should be taken?
3.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
If the number of units produced increases, then
4.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Suppose you are trying to decide whether to sell your accounting book at the end of the semester or keep it as a reference book for future courses. If you decide to keep the book, the money you would have received from selling the book is a(n)
5.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
A company that purchases raw materials and converts them into finished products
6.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Which of the following is NOT one of the functions of management?
7.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Costs that remain the same in total regardless of the level of activity are called
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