Which of the following is a characteristic of managerial accounting?


ID: A 14. Which of the following are characteristics of managerial a. It is geared toward the management of an organization b
sheet and income statement to answer the following question. Use ending balances average balances are required for computing
1. Management accounting a. deals primarily with people and organizations inside the business entity. b. requires specific ma
Income Stat For the Year Ended Decenl Revenues Net sales Dividend income Total revenues Costs and expenses Costs of goods sol
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tion system add value to an information so that value chain activities uues an accounti a. It provides accurate performed mor

tion system add value to an information so that value chain activities uues an accounti a. It provides accurate performed more effectively b. it improves the quality and reduces the costs of products or c. It improves decisonmaking capabilities. d. all of these. 8. Which of the following is a characteristic of useful information? a. relevance b. reliability c. completeness d. understandability e. all of the above Which of the following is a stakeholder group? 9. a. owners and investors b. employees c. customers d. society as a whole all of the above e. 10. Which of the following are users of financial information? a. investors b. creditors c. management d. financial analysts e all of the above 1. What is the primary purpose of accounting information for extenal users? a. to facilitate pricing and costing decisions by investors b. to enable investment decisions to be made among altermative investoes c to communicate the stages of the management process d. to provide information about all stages of the management cycle Which of the following is a financial performance measure? a Return on investment b. Net income as a percentage of sales c Return on assets relationship of debt to equity all of the above inancial data is important to management because nonfinancial data are usually imeleyant

Answer

Option-(e): All of the above are charecteristics of managerial accounting All given statements are correct because there are

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