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2) Break-even analysis assumes that: Total revenue is constant. 3) Unit variable expense is constant. C) Unit fixed expense is constant. D) Selling prices must fall in order to generate more revenue. 33) What are the functions of management in an organization? A) Planning, controlling, and decision making B) Planning, directing, and controlling C) Directing, controlling, and decision making D) Directing, planning, and decision making 34) Which one of the following is not one of the major activities of managerial accounting? A) Providing a basis for controlling costs by comparing actual results with planned objectives B) Preparing financial statements designed primarily for stockholders and creditors C) Preparing internal reports for management D) Determining the behavior of costs as activity levels change 35) Which of the following are usually audited? A) financial accounting reports B) managerial accounting reports C) both (A) and (B) above D) neither (A) nor (B). 36) Which of the following is a typical target audience for managerial accounting reports A) current and future investors B) current and future creditors C) regulators D) managers in the organization 37) Which of these would benefit from the measurement skills and other skills taught in a managerial accounting class? A) accounting majors B) marketing majors C) human resource management and supply chain management majors D) all of the above 38) Generally Accepted Accounting Principles (GAAP) apply to the contents of which of these A) financial accounting reports B) managerial accounting reports C) both (A) and (B) ) neither (A) and (B)