109. The Institute of Management Accountants (IMA) a. is a professional organization of management accountants. b. is a professional organization of financial accountants. c. issues standards for management accounting. d. issues standards for financial accounting. a Answer: 110. Line management includes a. manufacturing managers. b. human-resource managers. c. information-technology managers. d. management-accounting managers. a Answer: 111. Staff management includes a. manufacturing managers. b. managers. c. purchasing managers. d. distribution managers. b Answer: 112. Responsibilities of a CFO include all EXCEPT a. providing financial reports to shareholders. b. managing short-term and long-term financing. c. investing in new equipment. d. preparing federal, state, and international tax returns. c Answer: 113. The ______________ is primarily responsible for management accounting and financial accounting. a. CFO (Chief Financial Officer) b. CIO (Chief Information Officer) c. treasurer d. controller d Answer: 114. All of the following report to the CFO EXCEPT the a. controller. b. tax department manager. c. production manager. d. treasurer. c Answer: 115. Management accounting is an integral part of the __________ function in an organization.
109. The Institute of Management Accountants (IMA) a. is a professional organization of management accountants. b. is a professional organization of financial accountants. c. issues standards for management accounting. d. issues standards for financial accounting. Answer: a 110. Line management includes a. manufacturing managers. b. human-resource managers. c. information-technology managers. d. management-accounting managers. Answer: a 111. Staff management includes a. manufacturing managers. b. managers. c. purchasing managers. d. distribution managers. Answer: b 112. Responsibilities of a CFO include all EXCEPT a. providing financial reports to shareholders. b. managing short-term and long-term financing. c. investing in new equipment. d. preparing federal, state, and international tax returns. Answer: c 113. The ______________ is primarily responsible for management accounting and financial accounting. a. CFO (Chief Financial Officer) b. CIO (Chief Information Officer) c. treasurer d. controller Answer: d 114. All of the following report to the CFO EXCEPT the a. controller. b. tax department manager. c. production manager. d. treasurer. Answer: c 115. Management accounting is an integral part of the __________ function in an organization.
Ch01%20The%20Accountant%20Role%20in%20the%20Organization%20Test.docx