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Management accounting * 0 provides financial statements that contains condensed information. 0 may utilize historical and projected information. 0 must conform strictly With generally accepted

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Management accounting * 0 provides financial statements that contains condensed information. 0 may utilize historical and projected information. 0 must conform strictly With generally accepted as counting principles. 0 places high importance of the accuracy of information used. The management accounting function is best headed by the * O chief executive officer 0 hoard of directors 0 controller 0 external auditor Which of the following business function is not supported by management accounting? * Weighing the advantages and O disadvantages among alternative courses of action. Determining target sales that will enable the realization of expected profits. Identifying variances on operations O and performance and making corrective accountions. O Identifying the best applicant that must be hired by the companyWhich of the following is normallyr not a variable cost? \" 0 Shipping fees paid 0 Production materials used 0 Salary of security guards 0 Electricity consumed by machineries Which of the following costs will not fluctuate even if production or sales increased? * 0 Salary of controller that is fixed on his contract. Sales personnel paid by a fixed 0 amount plus [1.5% for eireri;r item sold. 0 Production employees paid on piecemeal basis 0 Bonus of top management which is based on 3% of total sales

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