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Management accounting

 1 out of 1 points Financial accounting provides a historical perspective, whereas management accounting emphasises:  Selected Answer: the future  Correct Answer: the future   Question 2 1 out of 1 points Costs that are initially recorded as assets and expensed when sold are called:  Selected Answer: inventoriable costs  Correct Answer: inventoriable costs   Question 3 1 out of 1 points A unit cost is computed by: Selected Answer: dividing total cost by the number of units Correct Answer: dividing total cost by the number of units  Question 4 1 out of 1 points Place the four business functions in the order they appear along the value chain:  A = Customer service  B = Design  C = Distribution  D = Production  Selected Answer: B D C A  Correct Answer: B D C A   Question 5 1 out of 1 points Which statement concerning performance reports is NOT correct?  Selected Answer: The performance report contains no actual results due to confidentiality.  Correct Answer: The performance report contains no actual results due to confidentiality.   Question 6 1 out of 1 points Planning consists of all of these areas EXCEPT: Selected Answer: evaluating performance Correct Answer: evaluating performance  Question 7 1 out of 1 points A manufacturing plant produces two product lines: football equipment and cricket equipment. Direct costs for the football equipment line are the:  Selected Answer: monthly lease payments for a specialised piece of equipment needed to manufacture the football helmet  Correct Answer: monthly lease payments for a specialised piece of equipment needed to manufacture the football helmet   Question 8 1 out of 1 points Management accounting information includes:  Selected Answer: All of these answers are correct.  Correct Answer: All of these answers are correct.   Question 9 1 out of 1 points Cost accounting:  Selected Answer: All of these answers are correct.  Correct Answer: All of these answers are correct.   Question 10 1 out of 1 points Cost accounting provides all of the following EXCEPT:  Selected Answer: pricing information from marketing studies  Correct Answer: pricing information from marketing studies