AC202WEEK4QUIZTrammell

AC202WEEK4QUIZTrammell - AC 202 Principles of Accounting II...

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AC 202 Principles of Accounting II Name: Barbie Trammell Park University Version D Quiz 4D-Chapter 18 Multiple Choice Questions ( 10 points each ) Select the ONE, BEST Answer 1. Managerial accounting is different from financial accounting in that A. Managerial accounting is more focused on the organization as a whole and financial accounting is more focused on subdivisions of the organization. B. Managerial accounting never includes nonmonetary information. C. Managerial accounting includes many projections and estimates whereas financial accounting has a minimum of predictions. D. Managerial accounting is used extensively by investors, whereas financial accounting is used only by creditors. E. Managerial accounting is mainly used to set stock prices. 2. A direct cost is a cost that is: A. Identifiable as controllable. B. Variable with respect to the volume of activity. C. Fixed with respect to the volume of activity. D.
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AC202WEEK4QUIZTrammell - AC 202 Principles of Accounting II...

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