#1-5 please and thank you

Multiple Choice: After reading ehch question or staterbent below, choose the letter that host correctly answer the question or completes the statement Enter the letter of your choice in the box preceding the question or statement. 3 points each...60 total) Which of the following describes an objective of managerial accounting? Insures that an organization's financial statements subscribe to generally accepted accounting principles (GAAP). Provides managers with appropriate information for planning and controlling production in their organization. Insures that an organization's financial statements subscribe to Internal Revenue Service (IRS) regulations. Provides outside bankers information needed to make loan decisions. d. Which of the following items is a component of manufacturing overhead? A department supervisor's salary. b. Direct materials C. Depreciation on factory equipment. d. Both "a", and "c". Job costing and process costing are similar in that they Give us a system for valuing company growth. Give us a system for valuing Accounts Receivable. Give us a system for valuing period costs. Give us a system for valuing Goods in Process and Goods Sold. b. Job costing is different than process costing in that: a. It applies to the production of a large number of homogeneous units. b. It divides applicable product costs by equivalent units. C. It tracks direct labor hours and direct materials for each unit produced d. It divides overhead equally among all units produced. 5. A cost that, in total, does not change with the volume of activity is called A sunk cost. b. A differential cost. C. A product cost, d. A fixed cost