The following questions were on a test for my Managerial Accounting course, they are therefore directly related to managerial accounting and I need assistance with all three.

Which of the following would not be part of a value chain for a fast food restaurant? Multiple Choice Buying produce. Mopping the floor. Refilling the napkin dispensers. Hiring new cooks. All of the choices are a part of the value chain. Which of the following choices correctly depicts activities that would be included in a manufacturer's value chain? Research and Development Yes Yes Yes Marketing | Distribution Yes No No Yes Yes Yes Yes No Yes Yes No No Multiple Choice O O Choice A. O Choice B. O Choice C. O Choice D. O Choice E. Which of the following is not an element of competency? 19 Multiple Choice To develop appropriate knowledge about a particular subject. To perform duties in accordance with relevant laws. To perform duties in accordance with relevant technical standards. To refrain from engaging in an activity that would discredit the accounting profession. To prepare clear reports after an analysis of relevant and reliable information