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which of the following management responsibilities often involves the use of budgets?

-planning

-directing

-controlling

Ans: planning

which of the following corporate positions is responsible for raising capital and investing funds?

-controller

-treasurer

-internal audit

-chief operating officer

Ans:treasurer

Which of the following skills, which are needed by todays management accountants?

-knowledge of both financial and managerial accounting

-knowledge of how a business functions

-oral and written communication skills

-all of the above

Ans:all of the above

which of the following organizations is the professional association for managerial accountants?

-AICPA

-IMA

-IFRS

Ans: IMA
which of the following professional standards requires management accountants to mitigate conflicts of
interest?

-competence

-confidentiality

-integrity

-credibility

Ans: integrity

which of the following professional standards requires management accountants to communicate


information fairly and objectively?

-competence

-confidentiality

-integrity

-credibility

Ans: credibility

the triple bottom line focuses on:

-profit

-planet

-people

-all of the above

Ans: all of the above

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