the main goal of the Accounting information is used for planning and executing its objectives Select one: O True O False Managerial accounting helps to develop information for external decision makers like banks, government authorities. Select one: True False Variable cost does not immediately affected by the changes in the cost driver levels. Select one: True O False Product life cycle refers to the following stages, except . No marketing O b. Sales Growth O c. Stable sales level O d. No sales Salaries of product and process engineers is an example of cost drivers Select one: O True False Due to decline in the economic conditions, managers might be interest in declining sales. Select one: True O False Select the correct formula for calculating Breakeven point: a. sales - variable cost - fixed cost = breakeven point O b. sales + variable cost - fixed cost = breakeven point O C. Sales - variable cost = breakeven point O d. sales - fixed cost +variable cost = breakeven point