100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Management Accounting Chapter 1 Study Guide Solutions $11.49   Add to cart

Exam (elaborations)

Management Accounting Chapter 1 Study Guide Solutions

 1 view  0 purchase
  • Course
  • Prep Tests
  • Institution
  • Prep Tests

Management Accounting Chapter 1 Study Guide Solutions The largest U.S. professional organization of accountants focused on internal accounting. - ANSWER-Institute of Management Accountants (IMA) The branch of accounting that produces information for managers within an organization. It is the p...

[Show more]

Preview 2 out of 7  pages

  • November 11, 2024
  • 7
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Prep Tests
  • Prep Tests
avatar-seller
OliviaWest
Copyright © OLIVIAWEST 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED




Management Accounting Chapter 1
Study Guide Solutions

The largest U.S. professional organization of accountants focused on internal

accounting. - ANSWER✔✔-Institute of Management Accountants (IMA)


The branch of accounting that produces information for managers within an

organization. It is the process of identifying, measuring, accumulating, analyzing,

preparing, interpreting, and communication information that helps managers fulfill

organization objectives. - ANSWER✔✔-Management Accounting


The branch of accounting that develops information for external decision makers, such

as stockholders, suppliers, banks, and government regulatory agencies. - ANSWER✔✔-

Financial Accounting


In the United states, independent accountants who assure the reliability of companies'

published financial statements. - ANSWER✔✔-Certified Public Accountants (CPA)


In many countries, the equivalent to the CPA in the United States - independent

accountants who assure the reliability of companies' financial statements. -

ANSWER✔✔-Chartered Accountant (CA)




Copyright ©Stuvia International BV 2010-2024
Page 1/7

, Copyright © OLIVIAWEST 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED


The management accountant's counterpart to the CPA. - ANSWER✔✔-Certified

Management Accountant (CMA)


A formal mechanism for gathering, organizing, and communicating information about

an organization's activities. - ANSWER✔✔-Accounting System


Choosing among alternative courses of action designed to achieve some objective. -

ANSWER✔✔-Decision Making


The accumulation, classification, and reporting of data that help users understand and

evaluate performance. - ANSWER✔✔-Scorekeeping


Reporting and interpreting information that helps managers to focus on operating

problems, imperfections, inefficiencies, and opportunities. - ANSWER✔✔-Attention

Directing


Analysis of possible courses of action and identification of the best course to follow. -

ANSWER✔✔-Problem Solving


Setting objectives for an organization and determining how to attain them. -

ANSWER✔✔-Planning


Implementing plans and using feedback to evaluate the attainment of objectives. -

ANSWER✔✔-Control


A quantitative expression of a plan of action and an aid to coordinating and

implementing the plan. - ANSWER✔✔-Budget
Copyright ©Stuvia International BV 2010-2024
Page 2/7

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller OliviaWest. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $11.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

75323 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$11.49
  • (0)
  Add to cart