Professional Documents
Culture Documents
A) focuses on estimating future revenues, costs, and other measures to forecast activities and
their results
B) provides information about the company as a whole
C) reports information that has occurred in the past that is verifiable and reliable
D) provides information that is generally available only on a quarterly or annual basis
Answer: A
23) Management accounting information and reports do not have to follow set principles or
rules such as GAAP.
Answer: TRUE
Answer: A
5) ________ is the detailed planning and engineering and testing of products, services, or
processes.
A) Plan of implementation
B) Design
C) Production
D) Research and development
Answer: B
12) ________ describes the flow of goods, services, and information from the purchase of
materials to the delivery of products to consumers, regardless of whether those activities
occur in the same organization or with other organizations.
A) Supply chain
B) Production process
C) Quality control
D) Customer relationship management
Answer: A
13) Processing orders and shipping products or providing services to customers is known as
________.
A) after-sales services
B) distribution
C) marketing
D) supply chain
Answer: B