61. What is the primary purpose of management accounting?
A. Providing Information for External Reporting
B. Analyzing Market Trends
C. Supplying Internal Decision-Making Information
D. Setting Advertising Budgets
62. How does management accounting differ from financial accounting?
A. Focuses Only on Short-Term Liabilities
B. Emphasizes Information for Internal Use, Rather Than External Reporting
C. Ignoring Changes in Equity
D. Detailing Long-Term Investments
63. What is the significance of cost-volume-profit (CVP) analysis in management accounting?
A. Assessing Market Demand
B. Analyzing the Relationship Between Costs, Sales Volume, and Profit
C. Ignoring Non-Cash Transactions
D. Reporting Changes in Equity
64. How does budgeting support management decision-making in organizations?
A. Assessing Market Competitiveness
B. Setting Targets and Providing a Framework for Control
C. Ignoring Changes in Equity
D. Analyzing Employee Performance
65. What role does variance analysis play in management accounting?
A. Evaluating Employee Morale
B. Analyzing the Difference Between Actual and Budgeted Performance
C. Detailing Changes in Cash Position
D. Ignoring Non-Monetary Transactions
66. What is the purpose of performance measurement in management accounting?
A. Detailing Long-Term Liabilities
B. Assessing and Evaluating the Efficiency and Effectiveness of Business Operations
C. Analyzing Market Share
D. Focusing Only on Short-Term Assets
67. How does management accounting contribute to strategic decision-making?
A. Ignoring Non-Monetary Transactions
B. Detailing Changes in Cash Position
C. Providing Information to Formulate and Implement Business Strategies
D. Assessing Market Trends
68. What is the role of cost behavior analysis in management accounting?
A. Setting Advertising Budgets
B. Ignoring Changes in Equity
C. Understanding How Costs React to Changes in Activity Levels
D. Analyzing Employee Morale
69. How does management accounting assist in the formulation of pricing strategies?
A. Focusing Only on Revenue Transactions
B. Ignoring Non-Monetary Transactions
C. Considering Both Cost and Market Factors in Setting Prices
D. Detailing Changes in Cash Position
70. What is the purpose of the balanced scorecard in management accounting?
A. Assessing Market Demand
B. Providing a Comprehensive Framework for Evaluating Organizational Performance
C. Ignoring Non-Cash Transactions
D. Detailing Long-Term Investments
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