ACCT 241 Week 1 Quiz 2 | Assignment Help | American University
- american-university / ACCT 241
- 26 Jul 2019
- Price: $5
- Other / Other
ACCT 241 Week 1 Quiz 2 | Assignment Help | American University
1.
Required information
We will learn what managerial accounting is and how it is different from financial accounting. We will study how managerial accounting helps managers in key areas of planning, controlling, and decision making. We will learn that managerial accounting skills are useful in just about any career, organization, and industry. We will look at the various managerial perspectives and how these non-quantitative perspectives work hand in hand with the numbers to effectively manage a business.
Knowledge Check 01
Match the term and the definition.
Knowledge Check 02
Planning
involves ________.
• hiring employees
•
setting goals and objectives
• analyzing financial statements
• coordinating company activities
2.
Required information
We will learn what managerial accounting is and how it is different from financial accounting. We will study how managerial accounting helps managers in key areas of planning, controlling, and decision making. We will learn that managerial accounting skills are useful in just about any career, organization, and industry. We will look at the various managerial perspectives and how these non-quantitative perspectives work hand in hand with the numbers to effectively manage a business.
Knowledge Check 01
All of the following are pillars of managerial accounting except ________.
• controlling
• decision making
• planning
• maximizing profit
3.
Required
information
We will learn what managerial accounting is and how it is different from financial accounting. We will study how managerial accounting helps managers in key areas of planning, controlling, and decision making. We will learn that managerial accounting skills are useful in just about any career, organization, and industry. We will look at the various managerial perspectives and how these non-quantitative perspectives work hand in hand with the numbers to effectively manage a business.
Knowledge Check 01
Which of the following is not a business management perspective that goes beyond the numbers to enable intelligent planning, controlling and decision making?
• Enterprise risk perspective
• Lean production perspective
• Corporate social responsibility perspective
• Leadership perspective