Planet and perfidy form the basis responsible
management accountingd
1 points QUESTION 21.Which of the following is not a value
based metric of management performance:a. return on investmentb. market
value addedc. economic value addedd. net present value
1 points QUESTION 31.Which of the following is the most
appropriate:a. one of the functions of budgets is to foster goal
congruence in organisationsb. a budget is a difficult tool to use in
order to maintain direction and control in the firmc. computing and
spreadsheets are rarely used in the preparation and execution of
budgetsd. budgets are not required for government and the not-for-profit
sector
1 points QUESTION 71.From the following four statements,
choose the best statement regarding sustainability management
accounting:a. management accounting ought to focus on the finances and
financial performance of the firm onlyb. metrics such as power
consumption can be tracked and reported in management accounting
reportsc. people, planet and perfidy form the basis of responsible
management accountingd. sustainability is not the realm or the
responsibility of the finance function
1 points QUESTION 91.Which of the following is incorrect
regarding budgeting styles:a. In an authoritarian style of budgeting,
unit mangers have little say in the targets that are set.b. A more
participative-style budget process will produce a number of advantages
including managers’ having more ownership in targetsc. In an
authoritarian style of budgeting, senior management always set targets
that are too difficult to achieve.d. A participative-style budget
process can be time consuming and require greater communication between
the accounting department and department managers.
1 points
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