To which function of management is an understanding of Cost-Volume-Profit relationships most relevant? Multiple Choice Planning Organizing Directing Managing Managerial accounting, as opposed to financial accounting, is primarily concerned with: Multiple Choice preparing the current balance sheet of the company present and future planning and control. providing information to investors and creditors historical results of operations. Which of the following is another term for mixed costs? Multiple Choice Semifixed costs. Semivariable costs. Component costs. None of the answers are correct