Question

1. Tactical information relates to
a. Productivity
b. Budgetary control
c. Variance Analysis
d. All of the above
2. Operational Information is used by
a. Lower-Level Management
b. Middle Level Management
c. Top Level Management
d. None of the above
3. Operational Information is obtained from
a. Internal Sources
b. External Sources
c. Both Internal and External Sources
d. None of the above
4. Strategic Information is needed for
a. Long Range Planning
b. Day to Day Operations
c. Meeting Government Requirements
d. None of the above
5. The users of management accounting information are
a. Managers
b. Bankers
c. Government
d. All of the above
6. Management accounting reports are prepared
a. Quarterly
b. Half yearly
c. Annually
d. As and when required
7. The focus of management accounting is on
a. Internal Reporting
b. External Reporting
c. Tax Planning
d. All of the above

Answer 1

Answer:

1.c,2.c,3.b,4.a,5.a,6.c,7.c

Answer 2

Answer:

1) a

2) b

3) d

4) c

5) a

6) d

7) c

Explanation:

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