管理会计练习27.pdfVIP

1 Student: ___________________________________________________________________________ 1. What type of accounting system is part of an organisations management information system for internal use only? A. Financial accounting B. Management accounting C. Governmental accounting D. All of the given answers 2. Which of the following statement/s about management accounting is/are true? i. It is a part of an organisations management information system. ii. It is relied on by managers to plan and control an organisations operations. iii. It is relied on by external users to make investment decisions. A. i and ii B. i, ii and iii C. iii D. ii 3. Which of the following statement/s about management accounting is/are true? i. It is concerned only with information obtained from the accounting records. ii. It is concerned with financial and non-financial information. iii. It can provide information useful for making decisions. A. i B. i and ii C. ii and iii D. ii 4. A strategy is: i. another name for a long-term objective ii. the same as an objective iii. a means by which an organisation plans to meet its mission and achieve its objectives A. i B. ii C. iii D. i and ii 5. Which of the following is not an objective of management accounting? A. Providing information for making decisions B. Providing information for planning C. Providing information for control D. Providing information for profit and loss statements 6. Planning is: A. comparing actual performance against targets B. setting objectives and formulating plans for future operations C. measuring the performance of managers against preset targets D. motivating managers towards achieving organisational goals 7. ‘Co