Test Bank for Accounting for Decision Making and Control, 10th Edition by Jerold Zimmerman
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Grado
Accounting
Institución
Accounting
Test Bank for Accounting for Decision Making and Control 10e 10th Edition by Jerold Zimmerman
ISBN-13: 9492
Full chapters test bank PDF
Ch. 1 Introduction
Ch. 2 The Nature of Costs
Ch. 3 Opportunity Cost of Capital and Capital Budgeting
Ch. 4 Organizational Architecture
Ch. 5 Responsib...
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Última actualización de este documento: 1 año hace
Chapter 01 10e
1) The firm's information system:
A) is always a single integrated system
B) includes only financial information
C) may include other information such as customer satisfaction surveys, in addition to
financial information
D) is less important as a firm grows in size
E) none of the above
2) Identify all the correct statements:
A) Managers naturally seek to maximize shareholders' wealth
B) Managers act in their own interests, and so there is no way to align their interests with
those of the owners
C) To motivate managers in non-profit firms, no employee incentives are needed
D) To align the interests of managers and owners, owners must design systems to
monitor and reward management behavior that increases the firm's profits
E) none of the above
3) An internal accounting system should:
A) provide information to enable costs to be minimized
B) provide financial accounting data for external reporting purposes
C) provide management accounting information for decision-making
D) provide data for tax purposes
E) all of the above
4) Economic Darwinism:
A) explains why firms persist in inefficient behavior
B) explains why some inefficient accounting practices persist
C) explains why marmots eat bears
D) explains why bears eat marmots
E) none of the above
1
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