Control and Decision Making in Accounting 9th Edition By Zimmerman – Test Bank
ISBN-10:9781259564550 , ISBN-13:978-1259564550
Quiz Questions
1.
The company’s information system:
A.
can sometimes be a unified system
B.
encompasses solely financial data
C.
can encompass various data types like customer feedback surveys, alongside financial statistics
D.
becomes less crucial as the company expands
E.
none of the aforementioned
2.
Recognize all the accurate affirmations:
A.
Executives inherently aim to enhance shareholders’ wealth
B.
Executives prioritize their personal interests, making it challenging to align them with owners’
C.
In non-profit organizations, staff incentives may not always be necessary to motivate managers
D.
In order to synchronize executives’ and owners’ interests, proprietors must establish mechanisms to monitor and incentivize management practices that boost the company’s earnings
E.
none of the statements above are correct
3.
A corporate internal accounting structure must:
A.
supply insights to minimize costs
B.
provide external reporting financial data
C.
offer managerial accounting insights for decision-making
D.
deliver information for tax purposes
E.
all the above options
4.
Economic Darwinism:
A.
clarifies the persistence of inefficient behaviors in enterprises
B.
accounts for the continuity of ineffective accounting methodologies
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