ashford_acc_380_week_4_assignment_...

May 15th, 2015
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ashford_acc_380_week_4_assignment_...

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ACC 561 Final Exam.P.S. Your questions will be chosen randomly from a large set of questions. Nobody can guarantee that these questions will cover completely your exam. Thank you and good luck.1) Performance reports _____. A. ignore areas that are presumed to be running smoothly B. provide feedback by comparing results with plans and by highlighting deviations from plans C. are deviations from a plan D. are quantitative expressions of action plans2) Budgets _____. A. ignore areas that are presumed to be running smoothly B. are deviations from a plan C. are quantitative expressions of action plans D. provide feedback by comparing results with plans and by highlighting deviations from plans 3) According to the Financial Executives Institute, one function of the treasurer is _____. A. government reporting B. reporting and interpreting financial information C. Short term financing D. tax administration 4) Which of the following is not a major factor causing changes in management accounting today? A. E-commerce is not a major factor. B. Declining work ethic is not a major factor. C. Increased global competition is not a major factor. D. Increasing importance of the service sector of the economy is not a major factor. 5) Below is a statement from the Institute of Management Accountants Statement of Ethical Professional Practice. Refrain from disclosing confidential information acquired in the course of their work except when authorized, unless

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