Question 4

a. The SASB sets sustainability standards and requirements. (True/False)

b. Manufacturers have three separate types of inventory to account for. (True/False)

c. Work in process inventory is a product cost. (True/False)

d. A managerial accountant would say "a manufacturer's gross profit is equal to its sales minus its cost of good manufactured" is a true statement. (True/False)

e. the objective of accounting is to provide relevant and timely information to support decision making. (True/False)

f. it's logical to conclude that bondholders are primarily interested in analyzing profitability. (True/False)

g. Stockholders are mostly interested in analyzing a corporation's ability to make periodic interest payments and to repay long-term debt. (True/False)

h. financial accounting and managerial accounting have different goals. (True/False)