Managerial Accounting

Cornerstones of Managerial Accounting 6th Edition Maryanne M Mowen Don R Hansen Dan L Heitger

$30.00
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Edition: 6th Edition

Format: Downloadable ZIP File

Resource Type: Test bank

Duration: Unlimited downloads

Delivery: Instant Download

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Cornerstones of Managerial Accounting 6th Edition Maryanne M Mowen Don R Hansen Dan L Heitger

1. The managerial activity of monitoring a plan’s implementation and taking corrective action as needed is referred to as decision making.

a. True
b. False

 

ANSWER:   False
POINTS:   1
DIFFICULTY:   Easy
QUESTION TYPE:   True / False
HAS VARIABLES:   False
LEARNING OBJECTIVES:   ACCT.MOWE.16.1-1 – LO: 1-1
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
STATE STANDARDS:   United States – AK – ACBSP: APC-26-Management Functio – ACBSP: APC-26-Management Functions
United States – AK – AICPA: FN-Decision Modeling
United States – AK – IMA: Cost Management
KEYWORDS:   Bloom’s: Knowledge
NOTES:   1 min.
DATE CREATED:   11/4/2014 8:59 AM
DATE MODIFIED:   11/4/2014 8:59 AM
QUESTION ID:   JFND-GO4F-EC4U-KTJ1

 

QUESTION GLOBAL ID:   GCID-E7BW-1TBP-CW4U-EQMR-GYAD-CCJZ-CFTN-4CJO-GRHN-4QMD-GE4N-4C33-8RHN-4AUB-CIOU-OC5R-C3DI-GWN8-EPRW-EMMF-GR3D-NAUD-GPTU-CC3W-GESS-R3MB-CESU-YAMR-GOSU-NAMB-GHSU-YPDR-CI1U-E3TI-E7JI-YT4D-JFNN-4OTI-GO4W-NQNBEE

 

2. The process of choosing among competing alternatives is decision making.

a. True
b. False

 

ANSWER:   True
POINTS:   1
DIFFICULTY:   Easy
QUESTION TYPE:   True / False
HAS VARIABLES:   False
LEARNING OBJECTIVES:   ACCT.MOWE.16.1-1 – LO: 1-1
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
STATE STANDARDS:   United States – AK – ACBSP: APC-26-Management Functio – ACBSP: APC-26-Management Functions
United States – AK – AICPA: FN-Decision Modeling
United States – AK – IMA: Cost Management
KEYWORDS:   Bloom’s: Knowledge
NOTES:   1 min.
DATE CREATED:   11/4/2014 8:59 AM
DATE MODIFIED:   11/4/2014 8:59 AM
QUESTION ID:   JFND-GO4F-EC4U-KTJT

 

QUESTION GLOBAL ID:   GCID-E7BW-1TBP-CW4U-EQMR-GYAD-CCJZ-CFTN-4CJO-GRHN-4QMD-GE4N-4C33-8RHN-4AUB-CIOU-OC5R-C3DI-GWN8-EPRW-EMJW-GAAU-GA3O-G7UD-CC5G-GOSU-GPBA-CRSU-1CJ3-GOSU-KCJS-8RSU-NP33-GCAU-EQMB-E7JI-YT4D-JFNN-4OTI-GO4W-NQNBEE

 

3. Managerial accounting information is not important for not-for-profit organizations.

a. True
b. False

 

ANSWER:   False
RATIONALE:   Managerial accounting information is important for all types of organizations.
POINTS:   1
DIFFICULTY:   Easy
QUESTION TYPE:   True / False
HAS VARIABLES:   False
LEARNING OBJECTIVES:   ACCT.MOWE.16.1-1 – LO: 1-1
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
STATE STANDARDS:   United States – AK – ACBSP: APC-25-Managerial Charact – ACBSP: APC-25-Managerial Characteristics/Terminology
United States – AK – AICPA: FN-Reporting
United States – AK – IMA: Cost Management
KEYWORDS:   Bloom’s: Knowledge
NOTES:   1 min.
DATE CREATED:   11/4/2014 8:59 AM
DATE MODIFIED:   11/4/2014 8:59 AM
QUESTION ID:   JFND-GO4F-EC4U-KTJO

 

QUESTION GLOBAL ID:   GCID-E7BW-1TBP-CW4U-EQMR-GYAD-CCJZ-CFTN-4CJO-GRHN-4QMD-GE4N-4C33-8RHN-4AUB-CIOU-OC5R-C3DI-GWN8-EPRW-EMJO-GC3D-OPMF-GE3D-K3JO-8YSU-NCTO-CESU-E3BS-GOSS-GCUF-COSS-ECBO-GAAS-N3T3-E7JI-YT4D-JFNN-4OTI-GO4W-NQNBEE

 

4. Management accounting information is only used by manufacturing organizations.

a. True
b. False

 

ANSWER:   False
POINTS:   1
DIFFICULTY:   Easy
QUESTION TYPE:   True / False
HAS VARIABLES:   False
LEARNING OBJECTIVES:   ACCT.MOWE.16.1-1 – LO: 1-1
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
STATE STANDARDS:   United States – AK – ACBSP: APC-25-Managerial Charact – ACBSP: APC-25-Managerial Characteristics/Terminology
United States – AK – AICPA: BB-Industry
United States – AK – IMA: Business Applications
KEYWORDS:   Bloom’s: Knowledge
NOTES:   1 min.
DATE CREATED:   11/4/2014 8:59 AM
DATE MODIFIED:   11/4/2014 8:59 AM
QUESTION ID:   JFND-GO4F-EC4U-KTJZ

 

QUESTION GLOBAL ID:   GCID-E7BW-1TBP-CW4U-EQMR-GYAD-CCJZ-CFTN-4CJO-GRHN-4QMD-GE4N-4C33-8RHN-4AUB-CIOU-OC5R-C3DI-GWN8-EPRW-EMJU-GBUG-GQBA-8Y5D-KPJZ-GRSU-NQMR-8RSU-OPUF-GOSU-EPBU-CCSU-YP31-CA4G-KA3U-E7JI-YT4D-JFNN-4OTI-GO4W-NQNBEE

 

5. Managerial Accounting is designed primarily for internal users.

a. True
b. False

 

ANSWER:   True
POINTS:   1
DIFFICULTY:   Easy
QUESTION TYPE:   True / False
HAS VARIABLES:   False
LEARNING OBJECTIVES:   ACCT.MOWE.16.1-1 – LO: 1-1
ACCT.MOWE.16.1-2 – LO: 1-2
NATIONAL STANDARDS:   United States – BUSPROG: Analytic
STATE STANDARDS:   United States – AK – ACBSP: APC-25-Managerial Charact – ACBSP: APC-25-Managerial Characteristics/Terminology
United States – AK – AICPA: FN-Reporting
United States – AK – IMA: Cost Management
KEYWORDS:   Bloom’s: Knowledge
NOTES:   1 min.
DATE CREATED:   11/4/2014 8:59 AM
DATE MODIFIED:   11/4/2014 8:59 AM
QUESTION ID:   JFND-GO4F-EC4U-KTJS

 

QUESTION GLOBAL ID:   GCID-E7BW-1TBP-CW4U-EQMR-GYAD-CCJZ-CFTN-4CJO-GRHN-4QMD-GE4N-4C33-8RHN-4AUB-CIOU-OC5R-C3DI-GWN8-EPRW-EMMG-CC5D-KCUG-G7OU-RPUR-GRSU-QPTT-CRSS-G3UB-GOSS-RQDB-8RSS-NA31-GR5U-YPUG-E7JI-YT4D-JFNN-4OTI-GO4W-NQNBEE

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