Managerial Accounting-Activity 4

Managerial Accounting-Activity 4

3rd Grade

5 Qs

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Managerial Accounting-Activity 4

Managerial Accounting-Activity 4

Assessment

Quiz

Financial Education

3rd Grade

Practice Problem

Medium

Created by

Monciar Elenzano

Used 1+ times

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5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

This is based on relevance or timeliness of reporting to the management.

Managerial Accounting

Financial Accounting

Both

2.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

It deals with business events.

Managerial Accounting

Financial Accounting

Both

3.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Key management functions are planning, organizing, reporting and decision-making.

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

The goal of proper administration is to delegate the task, train staff and segregate duties to ensure needed reports or outcome can be attained by the management.

True

False

5.

MULTIPLE SELECT QUESTION

30 sec • 2 pts

A managerial accountant who prepares clear reports and recommendations after analyzing relevant facts is exercising which of the following standards?

Objectivity

Integrity

Confidentiality

Competence