FinMan10e_ATest_ch23 - 10th Edition FINANCIAL MANAGERIAL...

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10th Edition FINANCIAL & MANAGERIAL ACCOUNTING Warren/Reeve/Duchac Chapter Test 23A 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
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TEST 17A (Concluded) INSTRUCTIONS: Complete each of the following statements by writing the appropriate words in the Answers column. For Scoring Answers 0. Another term for rate of return in investment is rate of return on ......... assets 0. ____ 1. All planning and operating decisions are made by top management in a(n) _________ company. ..................................................................... 1. ____ 2. A manager’s area of responsibility is called a(n) ................................... 2. ____ 3. Divisions, departments, or products over which the manager has the responsibility over and the authority to make decisions that affect both
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costs and revenues are known as ......................................................... 3. ____ 4. Responsibility accounting reports for a supervisor of the mail room would contain (more or less) detailed information than the reports issued to the vice-president of administration. ...................................... 4. ____ 5.
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