1. The manager in charge of the accounting department in an organization.

A. Chief Financial Officer

B. Treasurer

C. Controller

D. Vice-President - finance

-Justify the answer choice C and Explain why Choice A B and D are wrong.

2. The phase of accounting concerned with providing information to managers for use in planning and controlling operations and in decision making.

A.Financial accounting

B.Managerial accounting

C.Cost accounting

D.Corporate accounting

-Justify the answer choice B and Explain why Choice A C and D are wrong.

3. An activity that consumes resources or takes time but does not add value for which customers are willing to pay.

A.Constraint

B.Non-value-added activity

C.Nonconstraint

D.Value-added activity

-Justify the answer choice B and Explain why Choice A C and D are wrong.

4. A visual diagram of a firm's organizational structure that depicts formal lines of reporting, communication, and responsibility between managers.

A.Performance report

B.udget

C.Cycle diagram

D.Organizational chart

-Justify the answer choice D and Explain why Choice A B and C are wrong.

5. If a financial manager/management accountant has a problem in identifying unethical behavior or resolving an ethical conflict, the first action (s)he should normally take is to

A.Consult the board of directors

B.Discuss the problem with his/her immediate superior

C.Notify the appropriate law enforcement agency

D.Resign from the company

-Justify the answer choice B and Explain why Choice A C and D are wrong.