The term management accounting was first used in


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The term management accounting was first coined in _____.

(a) 1960 (b) 1950 (c) 1945 (d) 19552. Management accounting is ______ (a) Subjective (b) Objective (c) Productive (d) Communicative3. The use of management accounting is _____ (a) Optional (b) Compulsory (c) Legally obligatory (d) orally4. Management accounting assists the management _______ (a) Only in control (b) Only in direction (c) Only in planning (d) In planning, direction and control5. Management accountancy is a structure for ______ (a) Costing (b) Accounting (c) Decision making (d) Management6. ____ coined the concept of management accounting. (a) R.N Anthony (b) James H. Bliss (c) J. Batty (d) American Accounting Association7. Time that a company takes to create and produce a new product is classified as ______ factor. (a) Management (b) Time (c) Customer (d) Chain8. The purpose of management accounting is to ________. (a) Help banks make decisions (b) Past orientation (c) Help investors make decision (d) Help managers make decisions9. 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​

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Answer:

No. 1 (b) 1950

No. 2(a) subjective

No. 3 ( a) optional

No. 4( d) In planning, direction and control

No. 5 ( c) decision making

No. 6 ( b) James H. Bliss

No. 7 ( b) Time

No. 8( d) help managers make decisions

No. 9(a) cost-benefit

No. 10(c) cost

No. 11( b) future


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