1. Management accounting assists the management
a) In planning, direction and control
b) Only in planning
c) Only in direction
d) Only in control
Answer: A
2.The concept of management accounting was coined by?
a) R.N Anthony
b) J. Batty
c) James H. Bliss
d) American Accounting Association
Answer: C
3.Management accounting deals with
a) Qualitative information
b) Quantitative information
c) None of the above
d) Both a and b
Answer: D
4.In management accounting, an emphasis and focus must be
a) past oriented
b) future oriented
c) bank oriented
d) communication oriented
Answer: B
5.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
Answer: D
6.The term management accounting was first coined in
a)1950
b) 1945
c) 1955
d) 1960
Answer: A
7.The concept of management accounting was coined by?
a) R.N Anthony
b) J. Batty
c) James H. Bliss
d) American Accounting Association
Answer: C