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3. Which of the following is most associated withmanagerial accounting? a. must follow GAAP b. may rely on estimates and forecasts c. is prepared for

3. Which of the following is most associated withmanagerial accounting?

4. Which of the following is most associated with financialaccounting?

5. Which of the following statements is false?

6. In most business organizations, the chief managementaccountant is called the

7. All of the following employees hold line positions inFacebook except

8. The controller's staff often consists of severalmanagement accountants. All of the following would most likely beon the controller's staff except

9. Managerial accounting reports are

10. Who are the individuals charged with the responsibilityfor directing the day-to-day operations of a business?

11. Which of the following are basic phases of themanagement process?

12. What term is used to describe the process of monitoringoperating results and comparing actual results with the expectedresults?

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