Exam (elaborations)
ACCTG Chapter 19.
- Module
- PHYA510: ACLS Algorithms
- Institution
- PHYA510: ACLS Algorithms
Exam of 3 pages for the course PHYA510: ACLS Algorithms at PHYA510: ACLS Algorithms (ACCTG Chapter 19.)
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ACCTG Chapter 191. Managerial accountants have a single role within an organization:
collecting and reporting costs to management.
2. Financial accounting reports are general-purpose and intended for
external users.
3.Managerial accounting reports are special-purpose and issued as
frequently as needed.
4. Managers' activities and responsibilities can be classified into three
broad functions: cost accounting, budgeting, and internal control.
5. Managerial accounting reports must now comply with generally
accepted accounting principles (GAAP).
1. F
2. T
3. T
4. F (planning, directing, controlling)
5. F (for internal use)
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