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From C to J, answer if it is right or wrong and explain. 2. Inasmuch as the objective of performing preliminary survey is not to

From C to J, answer if it is right or wrong and explain.

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2. Inasmuch as the objective of performing preliminary survey is not to develop solutions but rather to isolate problem factors. such survey is necessary in starting systems and procedures installation work. (Phil. CPA) d. A practicing CPA was asked to perform management services by a client who has inadequate accounting and management experience. After presenting alternative solutions and the expected results from each, the CPA decided to implement the ly-st alternative solution and assume full responsibility to which the client agreed. (Phil. CPA) e. Costs or results obtaini through conventional accounting records are not always useful for business decision making. (Phil. CPA) f. As an advisory expert, the CPA should take responsibility for making policy and management decisions in the management services engagements he has perforrned. g. A CPA's competence, coupled with his familiarity with the client's finance and control systems. business problems, and personnel, places him in a logical position to perform management services for that client. (Phil. CPA) h. The client should be informed ofsignificant changes in anticipated benefits and costs that may occur during the course of the engagement. During the course of an engagement, interim reports are prepared to recommend a future course of action. Engagement evaluation is conducted after a relatively long period of time to be assured that all recommendations have been adopted by the client. MULTIPLE CHOICE The primary purpose of management services is: a. to conduct special studies, prepare recommendations, develop plans and programs, provide advice and assistance in their implementation. b. to provide service or to fulfill some social need. c. to improve the client's use of its capabilities and resources to achieve the objectives of the organization. d. to earn the best rate of return on resources entrusted to its care taking into account safety of investment and consistency with the firm's social and legal responsibilities. e. answer not given. A philosophy of managing based on coercion by higher management of persons in subordinate position is management by domination. Its antonym is a. management by exception b. management by objectives

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