49. Accrual accounting means that the effects of transactions are other events are recognized when they occur, not when cash is paid or received, and they are recorded in the financial statements of the periods to which they relate. Select one: e True False 33. Which one of the following is true? Select one: O a. Both Financial Accounting and Management accounting have prescribed set of formats o b. It is compulsory for a public company to prepare financial accounts though preparation of management accounts is voluntary. OC. GAAP'S and IFRS's are followed in preparation of both financial accounts and management accounts. O d. Financial accounts and management accounts are of interest to both internal and external stakeholders, If the sales price per unit is $100, the unit variable cost is $75, and total fixed costs are $150,000, Calculate the break-even volume in dollar sales (rounded to the nearest whole dollar) Select one: . $600,000 Ob. $150,000 . $200,000 d. $ 1.500 1. Alpha Ltd provides the following information: Revenue 150,000 Cost of sales 90,000 Closing inventory 15,000 Select one: O a. 30% O b. 50% OC. 40% Od. 60% uz attempt.phpfattempt=140399&cmid= 104478&page=16+