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Chapter 1 Introduction to Managerial Accounting

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Question;17) Using product cost information to;determine sales prices is an example of;A) directing and planning.;B) directing and controlling.;C) controlling, directing, and planning.;D) controlling and planning.;18) When management reviews hourly sales;reports to determine the level of staffing needed to service customers, which;of management's three primary responsibilities is fulfilled?;A) Controlling and planning;B) Directing and planning;C) Directing, controlling, and planning;D) Analyzing, directing, and planning;19) Budgets are a way for managers to;communicate their;A) control.;B) decision-making.;C) hiring practices.;D) plans.;20) Comparing actual results to budgets is;an example of which of the following management functions?;A) Analyzing;B) Planning;C) Controlling;D) Directing;21) Overseeing the day-to-day operations;of a company is an example of which of the following management functions?;A) Directing;B) Planning;C) Analyzing;D) Controlling;22) Preparing budgets is an example of;which of the following management functions?;A) Planning;B) Directing;C) Analyzing;D) Controlling;23) Evaluating results against the plan is;an example of which of the following management functions?;A) Planning;B) Controlling;C) Analyzing;D) Directing

 

Paper#55007 | Written in 18-Jul-2015

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