Management Accounting

Willie Seal, University of Essex, UK
Ray Garrison, Brigham Young University, Provo, Utah, USA
Eric Noreen, INSEAD, France

Management Accounting and the Business Environment

Self-test Questions


1	Financial Accounts are not provided for which of the following? (Learning Objective 2 Ch 1)
		A)	Shareholders
		B)	Debenture Holders
		C)	Company Management
		D)	Analysts


2	Managers need information from the management accounting system because? (Tick the one untrue answer) (Learning Objective 1 Ch 1)
		A)	They cannot get this from the financial accounts
		B)	The financial accounts are not detailed enough
		C)	The financial accounts are prepared too late
		D)	The financial accounts are prepared for each part of the organisation and the management accounts are prepared for the whole organisation.


3	A management accountant in a decentralised organisation…. (Tick the one true answer) (Learning Objective 3 Ch 1)
		A)	Needs less information than one in a centralised organisation
		B)	Is given more responsibility
		C)	Needs the same reporting information system as one in a centralised organisation
		D)	Gets paid less money than one in a centralised organisation


4	Which of the following is not a recent development that has affected management accounting (Learning Objective 4 Ch 1)
		A)	DUCK
		B)	TQM
		C)	JIT
		D)	TOQ

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