Direct and control busin - Study guides, Class notes & Summaries

Chapter 01 Test Bank – Static KEY 1. What type of accounting system is part of an organisation's management information system for internal use only? A. Financial accounting B. Management accounting C.Governmental accounting D. All of the given answers AACSB: Reflective Difficulty: Easy Learning Objective: 1.03 Describe the major differences between management accounting and financial accounting information Topic: Role of Management Accountant in Value Creation AACSB: Reflective Difficu...

Differences between Managerial & Financial Accounting LATEST UPDATED 2023/2024

1. Which of the fol following lowing cannot be lawf lawfully ully exercised by a non-stock corporation? a. Pay dividend b. Elect trustees c. Amend the Articles of Incorporation d. Adopt by-laws 2. A b ond issue to pay-off prior floating in indebtedness debtedness of th the e corporation issuing it is called a. Convertible bond b. Equipment bond c. Collateral bond d. Funding bond 3. 4. 5. A bond secured by stocks or other bon bonds ds or both which are owned by the debtor, the securities being de...