Student
Examination paper
“Come all for this greatness”
...100% Correct Ans...
MNG3701 Exam Packages + Assignments
Managerial accounting -
answ>>is concerned with providing information for the use of people inside the
organization, whereas financial accounting is concerned with providing information for the
use of people outside the organization.
Planning -
answ>>consists of identifying alternatives, selecting from among the alternatives the one
that is best for the organization, and specifying what actions will be taken to implement the
chosen alternative.
Directing and Motivating -
answ>>managers oversee day-to-day activities and keep the organization functioning
smoothly.
Feedback -
, answ>>The accounting and other reports coming to management that are used in
controlling the organization are called
Decentralization -
answ>>the delegation of decision-making authority throughout an organization by
allowing managers at various operating levels to make key decisions relating to their area of
responsibility is called
Line -
answ>>A position on the organization chart that is directly related to achieving the basic
objectives of an organization is called
Staff -
answ>>provides service or assistance to other parts of the organization and does not
directly achieve the basic objectives of the organization.
Controller -
answ>>The manager in charge of the accounting department is generally known as
Budgets -
answ>>The plans of management formally expressed.
Performance Report -
Examination paper
“Come all for this greatness”
...100% Correct Ans...
MNG3701 Exam Packages + Assignments
Managerial accounting -
answ>>is concerned with providing information for the use of people inside the
organization, whereas financial accounting is concerned with providing information for the
use of people outside the organization.
Planning -
answ>>consists of identifying alternatives, selecting from among the alternatives the one
that is best for the organization, and specifying what actions will be taken to implement the
chosen alternative.
Directing and Motivating -
answ>>managers oversee day-to-day activities and keep the organization functioning
smoothly.
Feedback -
, answ>>The accounting and other reports coming to management that are used in
controlling the organization are called
Decentralization -
answ>>the delegation of decision-making authority throughout an organization by
allowing managers at various operating levels to make key decisions relating to their area of
responsibility is called
Line -
answ>>A position on the organization chart that is directly related to achieving the basic
objectives of an organization is called
Staff -
answ>>provides service or assistance to other parts of the organization and does not
directly achieve the basic objectives of the organization.
Controller -
answ>>The manager in charge of the accounting department is generally known as
Budgets -
answ>>The plans of management formally expressed.
Performance Report -
