ACCOUNTING MULTIPLE CHOICE:

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Which of the following is a focus of managerial accounting? O A. to provide information to business managers to assist them in controlling their businesses O B. to generate a company's financial statements for tax reporting C. to ensure that the reports produced for internal and external business purposes are GAAP compliant O D. to provide information to shareholders to assist them with their investment decisions ntors are considered to be direct labor costs because they are directly related to the manufacturing process. O True O False Which of the following is a variable cost? 0 A. direct materials cost O B. straight-line depreciation expense O C. salary of plant manager O D. property taxes Which of the following is an example of a cost that does not change in total over wide ranges of volume or activity? O A. the company president's salary O B. bottles used in a beverage company C. cloth used to make shirts O D. hourly wages for production line workers