Accounting for Decision Making and Control
10th Edition Jerald Zimmerman - Test Bank
Chapter (1 to 14)
3-1
Copyright © 2019 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent
of McGraw-Hill Education.
,Content
Chapter 01 Test Bank – Static Key
Chapter 02 Test Bank – Static Key
Chapter 03 Test Bank – Static Key
Chapter 04 Test Bank – Static Key
Chapter 05 Test Bank – Static Key
Chapter 06 Test Bank – Static Key
Chapter 07 Test Bank – Static Key
Chapter 08 Test Bank – Static Key
Chapter 09 Test Bank – Static Key
Chapter 10 Test Bank – Static Key
Chapter 11 Test Bank – Static Key
Chapter 12 Test Bank – Static Key
Chapter 13 Test Bank – Static Key
Chapter 14 Test Bank – Static Key
3-2
Copyright © 2019 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent
of McGraw-Hill Education.
, Chapter 01 Test Bank – Static Key
Multiple Choice Questions
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
The firm's information system includes many kinds of financial and non-financial information.
AACSB: Knowledge Application
Accessibility: Keyboard Navigation
Accessibility: Screen Reader Compatible
AICPA: BB Industry
AICPA: FN Leveraging Technology
Blooms: Remember
Difficulty: 1 Easy
Topic: Managerial Accounting: Decision Making and Control
2. Identify all the correct statements:
3-3
Copyright © 2019 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent
of McGraw-Hill Education.
, 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
To minimize conflicts between the economic interests of managers and owners, the owners need both
systems to monitor the manager's performance and systems of rewards or incentives.
AACSB: Knowledge Application
Accessibility: Keyboard Navigation
Accessibility: Screen Reader Compatible
AICPA: BB Industry
AICPA: FN Decision Making
AICPA: FN Risk Analysis
Blooms: Remember
Difficulty: 1 Easy
Topic: Management Accountant's Role in the Organization
Topic: Managerial Accounting: Decision Making and Control
3-4
Copyright © 2019 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent
of McGraw-Hill Education.
10th Edition Jerald Zimmerman - Test Bank
Chapter (1 to 14)
3-1
Copyright © 2019 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent
of McGraw-Hill Education.
,Content
Chapter 01 Test Bank – Static Key
Chapter 02 Test Bank – Static Key
Chapter 03 Test Bank – Static Key
Chapter 04 Test Bank – Static Key
Chapter 05 Test Bank – Static Key
Chapter 06 Test Bank – Static Key
Chapter 07 Test Bank – Static Key
Chapter 08 Test Bank – Static Key
Chapter 09 Test Bank – Static Key
Chapter 10 Test Bank – Static Key
Chapter 11 Test Bank – Static Key
Chapter 12 Test Bank – Static Key
Chapter 13 Test Bank – Static Key
Chapter 14 Test Bank – Static Key
3-2
Copyright © 2019 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent
of McGraw-Hill Education.
, Chapter 01 Test Bank – Static Key
Multiple Choice Questions
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
The firm's information system includes many kinds of financial and non-financial information.
AACSB: Knowledge Application
Accessibility: Keyboard Navigation
Accessibility: Screen Reader Compatible
AICPA: BB Industry
AICPA: FN Leveraging Technology
Blooms: Remember
Difficulty: 1 Easy
Topic: Managerial Accounting: Decision Making and Control
2. Identify all the correct statements:
3-3
Copyright © 2019 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent
of McGraw-Hill Education.
, 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
To minimize conflicts between the economic interests of managers and owners, the owners need both
systems to monitor the manager's performance and systems of rewards or incentives.
AACSB: Knowledge Application
Accessibility: Keyboard Navigation
Accessibility: Screen Reader Compatible
AICPA: BB Industry
AICPA: FN Decision Making
AICPA: FN Risk Analysis
Blooms: Remember
Difficulty: 1 Easy
Topic: Management Accountant's Role in the Organization
Topic: Managerial Accounting: Decision Making and Control
3-4
Copyright © 2019 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent
of McGraw-Hill Education.
