another multiple choice questions
Complete each of the following statements by selecting the best answer. 1 The term management accounting began to be used because: O costing systems became more sophisticated. O the role expanded to include information for planning and control. O accountants were moved into managerial roles. O the role focused on scorekeeping for management. 2 From the mid-1980s to the mid-1990s, management accountants: O became more interested in waste reduction because of the emphasis on th environment O made detailed inventory valuation as their primary focus. O added process analysis and cost management to their techniques. O introduced the concept of responsibility accounting to their organisations. 3 From 1995 onwards, management accounting: O added a customer focus because managers were sick of hearing about costs. O added a shareholder perspective to ensure consistency with financial accounting reports. O introduced the concept of investment appraisal to satisfy investor concerns. O recognised the importance of both customer and shareholder value. 4 By the 2000s, management accountants were increasingly concerned about environmental issues because of O the need to improve their organisations' reputations with environmental pressure groups. O the need to improve the organisations' reputations with customers. O efficient and effective management of environmental issues offered opportunities to enhance both customer and shareholder value. O the need to include environmental measures in the organisations' annual reports 3 From 1995 onwards, management accounting: O added a customer focus because managers were sick of hearing about costs. O added a shareholder perspective to ensure consistency with financial accounting reports. O introduced the concept of investment appraisal to satisfy investor concerns. O recognised the importance of both customer and shareholder value. 4 By the 2000s, management accountants were increasingly concerned about environmental issues because of O the need to improve their organisations' reputations with environmental pressure groups O the need to improve the organisations' reputations with customers. O efficient and effective management of environmental issues offered opportunities to enhance both customer and shareholder value. O the need to include environmental measures in the organisations' annual reports. 3 From 1995 onwards, management accounting: O added a customer focus because managers were sick of hearing about costs. O added a shareholder perspective to ensure consistency with financial accounting reports. O introduced the concept of investment appraisal to satisfy investor concerns. O recognised the importance of both customer and shareholder value. 4 By the 2000s, management accountants were increasingly concerned about environmental issues because of O the need to improve their organisations' reputations with environmental pressure groups. O the need to improve the organisations' reputations with customers. O efficient and effective management of environmental issues offered opportunities to enhance both customer and shareholder value. O the need to include environmental measures in the organisations' annual reports. recognised the importance of both customer and shareholder value. 4 By the 2000s, management accountants were increasingly concerned about environmental issues because of. O the need to improve their organisations' reputations with environmental pressure groups. O the need to improve the organisations' reputations with customers. O efficient and effective management of environmental issues offered opportunities to enhance both customer and shareholder value. O the need to include environmental measures in the organisations' annua reports. 5 Over time, the management accountant has increasingly become: O a technical advisor. O a staff role, supporting line managers. O a part of the management team, providing strategic advice. O an expert on financial accounting reports
