
Tutorial 1 - MA vs FA (set 2)
Quiz
•
Other
•
12th Grade
•
Practice Problem
•
Medium
Used 18+ times
FREE Resource
Enhance your content in a minute
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
As a company’s management accountant you would :-
Be involved in the yearly reporting of financial performance.
Prepare plans and forecasts for the future activities of the business.
Be primarily concerned with the reporting of past data.
Be primarily concerned with providing information to shareholders on how management are doing.
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which statement regarding management accounts is true ?
Management accounts are prepared for parties external to the organisation.
Management accounts will be used by shareholders to compare one company against another.
Management accounts are governed by standards and conventions.
Management accounts are used by managers within the organisation.
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following is not classed as a planning or decision making role of management accounting?
Searching for alternative courses of action.
Responding to divergences from plan.
Identifying objectives.
Gathering data about options that are available.
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which one of the following is not a function of management accounting ?
To provide information to help in the planning of future operations.
To aid shareholders in making wise investment decisions.
To provide control reports that highlight differences between actual and plan.
To provide information with which management can make better decisions.
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
__________ is devoted to providing information for external users.
Management accounting
Financial accounting
Internal accounting
Cost accounting
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The primary objective of management accounting is:
to provide shareholders and potential investors with useful information for decision-making.
to provide banks and other creditors with information useful for credit decisions.
to provide management with information useful for planning and control of operations.
to provide the tax authorities with information about taxable income.
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following characteristics does NOT pertain to management accounting?
provides information and estimates about future activity
generates specific-purpose reports
provides financial and operating data
has externally imposed standards
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
Already have an account?
Similar Resources on Wayground
10 questions
BHS General Knowledge Test Quiz
Quiz
•
8th - 12th Grade
11 questions
TIGERS
Quiz
•
8th - 12th Grade
10 questions
Prime Ministers of India
Quiz
•
1st Grade - University
10 questions
Dragon Mania Ledgends Quiz
Quiz
•
1st Grade - Professio...
15 questions
Piaget Review
Quiz
•
10th - 12th Grade
15 questions
College Vocabulary 101
Quiz
•
9th - 12th Grade
10 questions
CSS QUIZ #3
Quiz
•
9th - 12th Grade
10 questions
Theories of Education
Quiz
•
12th Grade
Popular Resources on Wayground
15 questions
Fractions on a Number Line
Quiz
•
3rd Grade
20 questions
Equivalent Fractions
Quiz
•
3rd Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
54 questions
Analyzing Line Graphs & Tables
Quiz
•
4th Grade
22 questions
fractions
Quiz
•
3rd Grade
20 questions
Main Idea and Details
Quiz
•
5th Grade
20 questions
Context Clues
Quiz
•
6th Grade
15 questions
Equivalent Fractions
Quiz
•
4th Grade
Discover more resources for Other
20 questions
-AR -ER -IR present tense
Quiz
•
10th - 12th Grade
15 questions
Making Inferences
Quiz
•
7th - 12th Grade
12 questions
Add and Subtract Polynomials
Quiz
•
9th - 12th Grade
7 questions
How James Brown Invented Funk
Interactive video
•
10th Grade - University
15 questions
Atomic Habits: Career Habits
Lesson
•
9th - 12th Grade
20 questions
Banking
Quiz
•
9th - 12th Grade
15 questions
Exponential Growth and Decay Word Problems Practice
Quiz
•
9th - 12th Grade
18 questions
AP Bio Insta-Review Topic 6.1*: DNA & RNA Structure
Quiz
•
9th - 12th Grade
