The benefits of management accounting information include: Select one: a. More effective planning. b. Improved decisions. c. All of the given answers. d. Greater efficiency of operations. Question 34   Question text Management accounting focuses primarily on providing data for: Select one: 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.

Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter2: Financial Statements And The Annual Report
Section: Chapter Questions
Problem 2.11E
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The benefits of management accounting information include:
Select one:
a. More effective planning.
b. Improved decisions.
c. All of the given answers.
d. Greater efficiency of operations.

Question 34

 

Question text

Management accounting focuses primarily on providing data for:
Select one:
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.

Question 35

 

Question text

Prime cost consists of:
Select one:
a. direct labor and manufacturing overhead.
b. direct materials and manufacturing overhead.
c. direct materials, direct labor and manufacturing overhead.
d. direct materials and direct labor.
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