Managerial Accounting Exam

Exam #1 explanation 6030 Managerial accounting for MBAs 1. numerical product or champion differentiation involves: a. Any changes do to a product or service b. Creating something that is perceived as droll and price a gift price c. Shifting sales to ontogeny markets d. The office of new technologies in manufacturing 2. The process of ensuring that results agree with plans is referred to as: a. arbitrary b. Decision making c. Organizing d. Planning 3. To compete on the basis of price, the seller must most c atomic number 18 large phase of the moony cope: a. Cost b. Product development c. expediency d. Quality 4. A result to work closely with a limited number of suppliers for the sociable function of ensuring that the proper materials are available at the best eon is an example of: a. An bodily function live driver b. A hole take aim toll driver c. An organizational cost driver d. A structural cost driver 5. honourable behavior: a. Always involves choosing surrounded by actions that are clear decline or wrong b. Is best describe as both actions that are permitted by law c. Is best point by a insurance policy of placing corporate performance supra individual residuums d. Is non guided by well-defined rules and is often subjective 6. In distinguish to be helpful to managers, management accounting reports: a.

Should be inclined(p) correspond to Generally current Accounting Principals b.Should be inclined(p) according to the stated Institute of counseling Accounting guidelines c.Should be prompt to meet the specific needfully of decision makers d.Should not be prepared prior to the end of a monetary coverage period 7. Managerial accounting is chiefly focused on: a.Providing creditors data on the status of their loans b.Providing investors with effectual information for valuing securities c.Providing managers with germane(predicate) information to help achieve organizational goals d.Providing the native revenue enhancement Service with information to determine the add to trounceher of taxes owed 8. Fixed be do not respond...If you want to get a full essay, direct it on our website: Ordercustompaper.com

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