Question

The term management accounting was first coined in _____.

(a) 1960 (b) 1950 (c) 1945 (d) 1955

2. Management accounting is ______

(a) Subjective (b) Objective (c) Productive (d) Communicative

3. The use of management accounting is _____

(a) Optional (b) Compulsory (c) Legally obligatory (d) orally

4. Management accounting assists the management _______

(a) Only in control (b) Only in direction

(c) Only in planning (d) In planning, direction and control

5. Management accountancy is a structure for ______

(a) Costing (b) Accounting (c) Decision making (d) Management

6. ____ coined the concept of management accounting.

(a) R.N Anthony (b) James H. Bliss (c) J. Batty (d) American Accounting Association

7. Time that a company takes to create and produce a new product is classified as ______ factor.

(a) Management (b) Time (c) Customer (d) Chain

8. The purpose of management accounting is to ________.

(a) Help banks make decisions (b) Past orientation

(c) Help investors make decision (d) Help managers make decisions

9. An accounting approach, in which the expected benefits exceed the expected cost

is classified as ________ approach.

(a) cost-benefit (b) benefit (c) cost (d) accounting

10. Decisions regarding usage of material, kind and changes in plant processing are a

part of _______ management.

(a) Help (b) future (c) cost (d) past

11. In management accounting, an emphasis and focus must be _____ oriented

(a) Past (b) future (c) bank (d) communication​

Answer 1

Answer:

1950

Explanation:

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Answer 2

Answer:

1. 1950

11. future