21) _____ is the logical integration of management accounting tools to gather an

Question

21) _____ is the logical integration of management accounting tools to gather and report data and to evaluate performance.

A. An internal control system
B. A quality control system
C. A financial-reporting system
D. A management control system

22) _____ are components of a master budget.

A. A strategic plan and an operating budget
B. An operating budget and a capital budget
C. A continuous budget and a static budget
D. A cash budget and an activity budget

23) An important factor considered by sales forecasters is _____.

A. production employee requirements.
B. expectations of the board of directors.
C. competitors

Explanation / Answer

21. B

22. C

23. A

24. D

25. C

26. S

27. B

28. B

29. A

30. C

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