10. Which of the following does the planning function involve? a. Analyzing financial statements b. Setting goals and objectives for an entity c. Hiring the right people for a particular job d. Coordinating the accounting information system
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10. Which of the following does the planning function involve?
a. Analyzing financial statements
b. Setting goals and objectives for an entity
c. Hiring the right people for a particular job
d. Coordinating the
11. The ethical standards established for management accountant are in the areas of
a. Competence, licensing, reporting, and education.
b. Budgeting, cost allocation, product costing, and insider trading.
c. Competence, confidentiality, integrity, and objectivity.
d. Disclosure, communication, decision making, and planning.
12.
a. Must follow generally accepted principles.
b. Information should be developed within the same general accounting system as
financial accounting.
c. Deals primarily with the needs of parties external to the firm such as investors and creditors.
d. Is just another financial term.
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