FILL IN THE BLANK-PART A Instructions: Answer the following questions or complete the statements by writing the appropriate words or amounts in the answer blanks. accounting information is prepared in accordance to generally accepted accounting principles for the use of government agencies, creditors, and public investors. 2. A(n) department is one that provides services and assistance to other departments. is a part of the management process by which managers, given their assigned level of operations, run day-to-day operations. allows management to isolate significant departures from plans for further investigation and possible remedial action. 5. A(n) is a payment of cash or its equivalent or the commitment to pay cash in the future for the purpose of generating revenues. 6. If a technician is directly involved in converting materials into finished products, his or her salary should be classified as a(n). cost. 7. Costs that are not directly associated with a cost object are known as costs