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Understanding Management
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Chapter 13 / Exercise 5
Understanding Management
Daft/Marcic
Expert Verified
Jump to Navigation Frame Your location: Home Page Assessment Week 1 - Quiz Assessments View All Submissions View Attempt View Attempt 1 of 1 Title: Week 1 - Quiz Started: 26 March 2007 7:49 PM Submitted: 26 March 2007 8:15 PM Time spent: 00:25:28 Total score: 12/15 = 80% Total score adjusted by 0.0 Maximum possible score: 15 1. Who is responsible for providing a professional opinion as to whether the financial statements fairly represent the organisation's position, performance and cash flow: Student Response Feedback A. financial accountant B. internal auditor C. management accountant D. external auditor
Score: 0/1 2. Management Accountants are mainly involved in providing the information needs to:
Score: 1/1 3. Which of the following of reports is required by law to be produced:
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Understanding Management
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Chapter 13 / Exercise 5
Understanding Management
Daft/Marcic
Expert Verified
Student Response Feedback D. none of the above Score: 0/1 4. Accounting is:
Score: 1/1 5. Financial Accountants are mainly involved in providing the information needs to: Student Response Feedback A. external users B. internal users C. financial institutions D. creditors
Score: 1/1 6. Two primary external users of accounting information are investors and creditors.
Score: 1/1 7. Buying shares in a company is more attractive than investing in a business because shares are often easier to sell.
Student Response True

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