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1.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
1. It is the process of identifying, measuring, analyzing, interpreting, and communicating information in pursuit of an organization’s goals (Hilton, 2010).
2.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Which of the following statements describe decision-making?
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
4.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
It is the management function which pertains to the day-day activities in running the business.
5.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
The management function of controlling ensures that:
6.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Statement I. Reports prepared by management accountants should cover at least a year. Statement II. Reports prepared by management accountants may cover for a day only.
7.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Statement I. The reports of management accounting are based on historical data, estimates, projections and budgets. Statement II. The reports of financial accounting are almost entirely based on historical data.
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