PRINCIPLES OF ACCOUNTING

Select the option that includes the correct answers:

1. Managerial accounting emphasizes decisions affecting the future.

2. Managerial accounting must follow GAAP/IFRS.

3. Prescription drugs (COST) A particular patient (COST OBJECT): Direct Cost

4. Heating the hospital (COST) The pediatric department (COST OBJECT): Indirect Cost

5. Financial accounting must follow GAAP/IFRS.

6. The wages of the assembly shops supervisor: Direct cost OPTIONS:

A) 1, 2, 3, 4

B) 1, 2, 4, 6

C) 1, 3, 4, 5

D) 1, 3, 5, 6