Man10e_ATest_ch06

Man10e_ATest_ch06 - 10th Edition MANAGERIAL ACCOUNTING...

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Unformatted text preview: 10th Edition MANAGERIAL ACCOUNTING Warren/Reeve/Duchac Chapter Test 6A Score % Name Course Section NOTE: Each of the 25 correct answers is assigned a weight of 4%. FILL-IN-THE-BLANK—PRINCIPLES AND TERMINOLOGY—60% A TEST 17A (Concluded) INSTRUCTIONS: Complete each of the following statements by writing the appropriate words in the Answers column. For Scoring STATEMENTS Answers 0. The document that charts a course of future action for a business by outlining the plans of the business in financial terms is the .................. budget 0. ____ 1–3. The objectives of budgeting include: 1. ................................................................................................................. 1. ____ 2. ................................................................................................................. 2. ____ 3. ................................................................................................................. 3. ____ 4. Giving information to employees about their performance relative to the goals they helped establish is called ............................................... 4. ____ 5. An organization’s budgetary unit led by a manager who has both authority over and responsibility for the unit’s performance is a(n) ....... 5. ____ 6. Defrag Cleaning Co. establishes its budget at several levels of activity. This type of budget is called a(n) _________ budget. ............. 6. ____6....
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This note was uploaded on 10/12/2010 for the course ACCT 116B taught by Professor Rivers during the Spring '09 term at City.

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Man10e_ATest_ch06 - 10th Edition MANAGERIAL ACCOUNTING...

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