ACCT 3063, Final A, Chapters 11-13 for 100 points plus comprehensive for 50 points 3 points each . Which of the following statements about corporate social responsibility (CSR) is not correct? a. CSR is a concept whereby organizations consider the needs of all stakeholders when making decisions b. CSR does not extend beyond legal compliance. c. CSR includes voluntary actions that satisfy the expec suppliers, communities, and environmental and human rights advocates. d. All of the above statements are correct. tations of customers, employees, 2. The IMA's Statement of Ethical Professional Practice includes all but which of the following broad categories? a. Competence b. Confidentiality. c. Integrity d. Loyalty e. All of the above are included. 3. Managerial accounting is concerned with a. the financial results of past activities. b. providing information for use within the organization. c. reporting financial information to regulators. d. reporting financial information to shareholders. e. all of the above. 4. On the flexible budget performance report A) there are both planning budget and flexible budget columns B) there are both, a spending variance and an activity variance C) actual amounts are calculated based on cost formulas given D) all of the above are true statements. E) A) and B) are both true statements. monthly expenses are $34,000 what is the best estimate of the 5. Se al Inc.'s contribution margin ratio is 55% and its fixed Assuming that the fixed monthly expenses do not change, company's net operating income in a month when sales are $94,000? A. $17,700 B. S60,000 C. $8,300 D. $51,700 Page 1