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1. Which of the following is NOT one of the three pillars of Managerial Accounting as discussed in the textbook? a. Budgeting b. Controlling c.

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1. Which of the following is NOT one of the "three pillars of Managerial Accounting" as discussed in the textbook? a. Budgeting b. Controlling c. Decision making d. Planning 2. Which type of motivation involves "Satisfaction from a sense of accomplishment"? a. Absolute motivation b. Extrinsic motivation c. Intrinsic motivation d. Intricate motivation 3. Which of the following costs can NOT be easily and conveniently traced to a cost object? a. Direct Labor cost b. Indirect cost c. Direct materials d. Direct cost e. None of the above. All can be easily traced. 4. Which of the following equations represents Total Cost: VC is total variable cost: _FC is total fixed cost; Q is total quantity (i.e. total units); Unity is variable cost per unit: UnitFC is fixed cost per unit; * is multiplication a. Total Cost = FC * Q + VC b. Total Cost = FC * Q + Unitvc c. Total Cost = FC + Unitvc * Q d. Total Cost = UnitFC * FC + UnitVC * VC 5. Consider the following costs and cost objects: Cost Cost Object 1. Heating the hospital The pediatric department II. The wages of the pediatric nurses The pediatric department a. Cost is a direct cost; Cost Il is a direct cost. b. Cost I is a direct cost; Cost Il is an indirect cost. C. Cost is an Indirect cost; Cost Il is a direct cost. d. Cost I is an indirect cost: Cost II is an indirect cost

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