Ch18会计学原理怀尔德21版答案.docx

Chapter 18 Managerial Accounting Concepts anD Principles ?True/False Questions?1.?Managerial accounting assists in analysis, planning, and control of costs.?Answer: True ?Blooms: RememberAACSB: CommunicationAICPA BB: IndustryAICPA FN: Decision MakingDifficulty: 1 EasyLearning Objective: 18-C1Topic: Purpose of Managerial Accounting?2.?Control is the process of setting goals and determining ways to achieve them.?Answer: False ?Blooms: RememberAACSB: CommunicationAICPA BB: IndustryAICPA FN: Decision MakingDifficulty: 1 Easy Learning Objective: 18-C1Topic: Purpose of Managerial Accounting ?3.?Managerial accounting provides financial and nonfinancial information to an organization's managers and other internal decision makers.?Answer: True ?Blooms: RememberAACSB: CommunicationAICPA BB: IndustryAICPA FN: Decision MakingDifficulty: 1 EasyLearning Objective: 18-C1Topic: Purpose of Managerial Accounting ?4.?One of the usual differences between financial and managerial accounting is the time dimension of the information reported.?Answer: True ?Blooms: RememberAACSB: CommunicationAICPA BB: IndustryAICPA FN: Decision MakingDifficulty: 1 EasyLearning Objective: 18-C1Topic: Purpose of Managerial Accounting ?5.?Managerial accounting information can be forwarded to the managers of a company quickly since external auditors do not have to review it, and estimates and projections are acceptable.?Answer: True ?Blooms: RememberAACSB: CommunicationAICPA BB: IndustryAICPA FN: ReportingDifficulty: 1 EasyLearning Objective: 18-C1Topic: Purpose of Managerial Accounting?6.?One difference between financial and managerial accounting is that the external users that use financial information must plan a company's future, but the internal users of managerial accounting information generally must decide whether to invest in or lend to a company.?Answer: False ?Blooms: RememberAACSB: CommunicationAICPA BB: IndustryAICPA FN: Decision MakingDifficulty: 1 Easy Learning Objective: 18-C1Topic: Purpose of