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.

Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter14: Completing A Quality Audit
Section: Chapter Questions
Problem 30RQSC
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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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