1. Which primary management responsibility includes the process of creating budgets? a. Controlling b. Directing c. Planning d. Calculating 2. Which primary management responsibility includes the process of comparing the budget to actual results? a. Directing b. Planning c. Calculating d. Controlling 3. The focus of management accounting is usually a. tax returns. b. internal reporting. c. external reporting. d. auditing. 4. What type of information would be used for managerial accounting? a. Sales forecasts b. Financial accounting information c. Nonfinancial information d. d. All of the listed choices