
Management Accounting Quiz
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Business
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University
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78 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which component of the AMPS model addresses the question of the best way for management accountants to communicate their analyses with decision-makers?
Ask the question
Master the data
Perform the analysis
Share the story
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is considered discretionary information for a company's accountants to provide?
The break-even level of a new product
The annual report submitted to shareholders detailing financial performance
The federal tax return
Sales information as part of the sales tax return
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following value chain activities is considered to be a primary activity?
Procurement
Inbound logistics
Human resources management
Information technology
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What requires context to create information?
Knowledge
Data
Facts
Data stores
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The analysis of variances (e.g., actual performance is different from budgeted performance) is most often associated with which type of analytics?
Descriptive analytics
Diagnostic analytics
Predictive analytics
Prescriptive analytics
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Summary statistics are most often associated with which type of analytics?
Descriptive analytics
Diagnostic analytics
Predictive analytics
Prescriptive analytics
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Time series analysis is most often associated with which type of analytics?
Descriptive analytics
Diagnostic analytics
Predictive analytics
Prescriptive analytics
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