Business

Preliminary Examination in BA2

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  • 1. Multiple-choice
    1 minute
    1 pt

    Management accounting focuses primarily on providing data for:

    A. internal uses by managers,

    B. external uses by stockholders and creditors.

    C. external uses by the Internal Revenue Service.

    D. external uses by the Securities and Exchange Commission

  • 2. Multiple-choice
    1 minute
    1 pt

    Managerial accounting:

    A. is more future oriented than financial accounting.

    B. tends to summarize information more than financial accounting

    C. is primarily concerned with providing information to external users.

    D. is more concerned with precision than timeliness.

  • 3. Multiple-choice
    1 minute
    1 pt

    Compared to financial accounting, managerial accounting places more emphasis on:

    A. the flexibility of information.

    B. the precision of information.

    C. the timeliness of information.

    D. both A and C above.

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